Sam Bankman-Fried was reportedly worried for his safety during his pre-trial detention time at the Brooklyn Metropolitan Detention Center and even considered paying another inmate for “protection,” according to a former inmate. New York mob enforcer-turned-informant Gene Borrello told crypto blogger Tiffany Fong in a Nov. 30 interview that spent time with Bankman-Fried in the lead-up to his criminal trial.…
Month: November 2023
‘League of Legends’ Trailer Scandal: It Wasn’t AI, We Just Messed Up, Says Riot Games
Responding to a flood of criticism over the alleged use of AI in a League of Legends video announcement, Riot Games said on Wednesday that the voice-over issues were not due to the use of AI but rather due to a lack of “proper direction” given to the human voice actor. Riot Games, when Decrypt inquired, pointed to a post…
Bitcoin Rolls Into December Above $38,000
While memecoins based on deceased diplomats and Bitcoin bashers rise and fall, the world’s top crypto is simmering at high temperatures not seen in over a year, peeking above $38,000 early Friday, according to CoinGecko. This is a developing story and is being updated as information becomes available. Stay on top of crypto news, get daily updates in your inbox.…
Can AI Help Solve the Climate Crisis?
As climate scientists and advocates scramble to find ways to turn the environmental tide for the better, Google DeepMind Climate Action Lead Sims Witherspoon believes the answer could be found in artificial intelligence—by starting with the question. “I approach climate change as a scientific challenge,” Witherspoon said from the stage at the annual Wired Impact Conference in London, focused on…
Cristiano Ronaldo Sued for $1 Billion Over Binance NFT Promotion
A class action lawsuit filed in Florida on Thursday seeks over $1 billion in damages from international soccer star Cristiano Ronaldo for his role in promoting the cryptocurrency exchange Binance. The lawsuit alleges that Binance sold unregistered securities and operated illegally in the United States. It claims Ronaldo lent his celebrity to hype investments, driving traffic and investors to the…
Pudgy Penguins GIFs top 10B views, CEO sets sights on Disney, Hello Kitty: NFT Creator
Pudgy Penguins now has 1M Instagram followers and is stocked in 2000 Walmarts. CEO Luca Schnetzler, 25, explains where everything went right. Source: https://cointelegraph.com/news/https://cointelegraph.com/magazine/pudgy-penguins-ceo-praise-actually-pretty-sad-nft-creator/
November most ‘damaging’ month in 2023 as thieves pilfer $363M in crypto
The cryptocurrency industry has now seen its most “damaging” month for crypto thievery, scams, and exploits, with crypto criminals walking away with $363 million in November, according to a blockchain security firm. Around $316.4 million came from exploits alone, flash loans inflicted $45.5 million in damage, and $1.1 million was lost to various exit scams, CertiK stated in a Nov.…
Swiss crypto bank Seba rebrands to Amina amid global expansion
Major Swiss cryptocurrency-enabled bank Seba is changing its name amid growing ambitions to expand its trading services worldwide. Seba Bank AG has rebranded to Amina Bank AG, the firm announced to Cointelegraph on Nov. 30. “We opted to change our name from SEBA Bank due to similarities with SEB Bank in Sweden. SEB Bank and SEBA Bank agreed to a…
Munger Was Right: Meme Coin That Generated Millions Off Bitcoin Hater’s Death Implodes
Prior to his passing Tuesday at age 99, former Berkshire Hathaway Vice Chairman Charlie Munger dismissed crypto as “worthless,” “no good,” “disgusting,” “evil,” and “massively stupid.” When it comes to the meme coins his death inspired this week, Munger may have been on to something. The Ethereum-based MUNGER token, which launched within 15 minutes of the finance mogul’s death and…
Coinbase tracks 6% rise in info requests from law, government agencies
Crypto exchange Coinbase says it had recorded a 6% rise in requests from law enforcement and government agencies compared to 2022, with the number of jurisdictions issuing requests jumping by 19, according to the exchange’s annual Transparency Report. Four countries — the United States, Germany, the United Kingdom, and Spain — made up nearly three-quarters (73%) of the 13,079 agency…