Tether Reports $850 Million Q2 Profit, $72 Billion Exposure to US Treasuries
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Tether Launches Hadron Amid $6.5B Tokenization Boom for Real-World Assets

Stablecoin giant Tether has launched Hadron, a tokenization platform for digital and real-world assets, amid a boom in tokenizing financial instruments on decentralized networks.  Hadron lets users tokenize various assets, from stocks and bonds to stablecoins and loyalty points, Tether said Thursday in a statement. The platform also offers tools for issuing and managing the full life cycle of digital…

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Bitfinex Hacker Sentenced to Prison as DOJ Tracks 120,000 Stolen Bitcoin
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Bitfinex Hacker Sentenced to Prison as DOJ Tracks 120,000 Stolen Bitcoin

The DOJ has sentenced the Bitfinex hacker to prison for laundering 120,000 stolen bitcoins from the 2016 hack, using sophisticated methods to hide the theft. DOJ Secures Prison Sentence for Bitfinex Hacker The U.S. Department of Justice (DOJ) announced Thursday that Ilya Lichtenstein has been sentenced to prison for his role in a major cryptocurrency […] Source: https://news.bitcoin.com/bitfinex-hacker-sentenced-to-prison-as-doj-tracks-120000-stolen-bitcoin/

Bitfinex Hacker Sentenced to 5 Years as DOJ Ends $10 Billion Crypto Theft Case
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Bitfinex Hacker Sentenced to 5 Years as DOJ Ends $10 Billion Crypto Theft Case

Ilya Lichtenstein, who orchestrated the 2016 theft of over 119,000 Bitcoin from crypto exchange Bitfinex, has been sentenced to 60 months in prison for money laundering, the U.S. Department of Justice said Wednesday.  The ruling marks a significant conclusion to one of the largest cyber thefts in history, resulting in the recovery of approximately $10 billion in stolen assets. The…

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The Best Use of AI Ever: A 'Grandma' Built To Waste Telescammers’ Time
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The Best Use of AI Ever: A ‘Grandma’ Built To Waste Telescammers’ Time

British telecom giant O2 announced what could be the first deployment of conversational AI specifically designed to counter telephone fraud in the UK telecommunications sector. The hero: a clueless grandma who endlessly and frustratingly digresses while idiot scammers attempt to hoodwink her out of money. The system, dubbed “Daisy,” uses AI models to snare fraudsters in meandering conversations lasting up…

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