Researchers at HP found a malware program written by generative AI “in the wild” while investigating a suspicious email. Source: https://cointelegraph.com/news/hackers-use-generative-ai-to-write-malware-code?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: October 2024
DOJ Charges 21-Year-Old in $37M Cyber Intrusion and Crypto Heist
A 21-year-old from Indiana has pleaded guilty to cyber intrusion and cryptocurrency theft in a massive scheme targeting hundreds of victims. His actions involved stealing personal data and cryptocurrency worth over $37 million, with law enforcement crediting significant investigative efforts for his capture. FBI Cracks Global Cryptocurrency Theft Network The U.S. Department of Justice (DOJ) […] Source: https://news.bitcoin.com/doj-charges-21-year-old-in-37m-cyber-intrusion-and-crypto-heist/
Record $56M CryptoPunk more likely a publicity stunt, says observer
Everyone’s talking about a newly sold $56 million CryptoPunk NFT, however, the transaction isn’t what it appears to be. Source: https://cointelegraph.com/news/56-million-cryptopunk-not-as-it-seems?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Emerging trend could see Solana ‘seriously challenge’ Ethereum: Sygnum
Solana still has serious ground to cover, but if major financial institutions start showing a preference for Solana, things could change. Source: https://cointelegraph.com/news/solana-challenge-ethereum-institutional-adoption-sygnum-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
JPMorgan: Gold and Bitcoin Surge as Debasement Trade Gains Momentum
Global investment bank JPMorgan’s analysts have highlighted the growing impact of the “debasement trade” in boosting gold and bitcoin prices. Gold’s rise is linked to inflation, geopolitical instability, and waning trust in fiat currencies. Both institutional and retail investors are viewing gold and bitcoin as safe havens amid global economic uncertainty, with future trends depending […] Source: https://news.bitcoin.com/jpmorgan-gold-and-bitcoin-surge-as-debasement-trade-gains-momentum/
Elon Musk: America Is Headed for Bankruptcy
Tesla CEO Elon Musk has reiterated his concerns regarding U.S. government spending, warning that America is on a fast track to bankruptcy. Highlighting growing national debt, he reacted to a staggering $204 billion increase in just one day. Musk stressed that interest payments on federal debt now surpass the defense budget, adding urgency to his […] Source: https://news.bitcoin.com/elon-musk-america-is-headed-for-bankruptcy/
Ripple Boosts Cross-Border Transactions in Brazil With New Payment Solution
Ripple is expanding its digital payments service in Brazil, partnering with Mercado Bitcoin to offer faster, cheaper cross-border transactions. This move positions Ripple Payments as a key player in the region’s crypto landscape, helping businesses move funds 24/7. With plans to streamline treasury operations between Brazil and Portugal, the service also aims to benefit corporate […] Source: https://news.bitcoin.com/ripple-boosts-cross-border-transactions-in-brazil-with-new-payment-solution/
AI Assistant Goes Rogue and Ends Up Bricking a User’s Computer
Buck Shlegeris just wanted to connect to his desktop. Instead, he ended up with an unbootable machine—and a lesson in the unpredictability of AI agents. Shlegeris, CEO of the nonprofit AI safety organization Redwood Research, developed a custom AI assistant using Anthropic’s Claude language model. The Python-based tool was designed to generate and execute bash commands based on natural language…
Suspicious arrest of crypto scam reporter, Japan’s pro-crypto PM: Asia Express
Global outcry as Cambodia arrests crypto scam investigator, Japan’s new Prime Minister supports crypto, and more: Asia Express. Source: https://cointelegraph.com/magazine/crypto-scam-investigator-south-korea-us-nk-hackers-asia-express/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
No, a CryptoPunks NFT Didn’t Just Sell for $56 Million
Did a CryptoPunks NFT on Ethereum really sell for a record $56.3 million as the broader NFT market continues its long, slow decline? No. Here’s why. While it’s true that CryptoPunk 1563 was transacted this afternoon, and that 24,000 ETH—or $56.3 million worth at the time—was “paid” for the asset, there were both surface-level and behind-the-scenes red flags that quickly…