Human communication systems are under threat from linguistic robots (AI). But the same spammy problem helped lead to the creation of Bitcoin. Source
To Survive the New Era of Robot Spam, Look to Crypto’s History
Day: July 21, 2023
Couple behind Bitfinex money laundering scheme reach plea deal with US prosecutors
The husband and wife alleged to have laundered billions of dollars worth of Bitcoin connected to the 2016 Bitfinex hack have reached a plea agreement with authorities in the United States. According to records filed with U.S. District Court in the District of Columbia on July 21, Ilya Lichtenstein and Heather Morgan are scheduled to appear for an arraignment and hearing on Aug. 3 as part of a plea agreement with prosecutors. The pair had been charged with money laundering conspiracy and conspiracy to defraud the United States, and expected…
'Razzlekhan,' Husband Make Plea Deal in Bitfinex Hack Laundering Case Worth Billions
The pair will forfeit the proceeds from nearly 120,000 bitcoins they allegedly laundered from the hacked crypto exchange. Source
Crypto VC funding tumbles as economic uncertainty scares off investors
The month of June closed out with a 29.73% decrease in venture capital investments, with just $779.32 million raised in 62 individual deals, according to data from the Cointelegraph Research Venture Capital Database. While the United States Federal Reserve halted interest rate hikes in June, the macroeconomic climate remains unchanged due to geopolitical uncertainties and continued efforts to tame inflation across the globe. As the data shows, investors remained cautious and in risk-off mode in June, with the growth trend of the previous three months coming to a halt. Purchase…
Paradigm Crypto Liquidity Network Leans Into DeFi With StarkWare’s Appchains
Paradigm, a separate entity from the venture capital firm of the same name, said Paradex is a hybrid derivatives exchange that combines the liquidity and performance of centralized finance CeFi with DeFi’s transparency, trustlessness and self-custody. Source
ISIS Allies Used Crypto to Raise Millions: TRM Labs
Crypto has been utilized by terrorists and insurgent groups around the world over the past few years. In 2021, global crypto exchange Binance reportedly froze the accounts controlled by the militant wing of Hamas, which accumulated around $80,000 in a single month, CryptoX reported. Apparently, the traceability of bitcoin led to Hamas abandoning it as a fundraising method in 2023 “for the safety of its donors,” the groups announced in April. Source AlliesCryptoISISLabsMillionsRaiseTRM CryptoX Portal
What is Conch AI? | Blockchain News
Conch AI is an artificial intelligence (AI)-powered writing assistant that was launched in the early 2020s. The tool utilizes machine learning and natural language processing algorithms to analyze and understand text-based data, offering a range of features to enhance the writing process. Overview Conch AI is a comprehensive writing assistant that allows users to rewrite sentences and paragraphs, summarize sources, answer questions, and generate introductions, conclusions, and outlines. It also has a built-in AI detector bypasser, which helps users avoid detection by algorithms like GPTZero and Turnitin. The tool is…
How do DeFi projects generate profit?
This week’s episode of Cointelegraph’s Market Talks welcomes Alvin Xu, the co-founder and CEO of Maverick Protocol, a platform that is taking a new approach to building decentralized finance (DeFi) infrastructure. Xu has been in the crypto space since 2018, and before co-founding Maverick, he led products and ecosystems across MetaMask, Abra Wallet, BitTorrent and the Tron Foundation. The show kicks off with a discussion about the Ethereum Community Conference in Paris, where Xu was a guest. He gives the inside scoop on all the latest updates and developments from the conference. Capital…
BlackRock ETF will be ‘big rubber yes stamp’ for Bitcoin: Interview with Charles Edwards
Bitcoin (BTC) stands to win big thanks to the BlackRock exchange-traded fund (ETF), investor and analyst Charles Edwards believes. In his latest interview with Cointelegraph, Edwards, who is founder of quantitative Bitcoin and digital asset fund Capriole Investments, goes deep into the current state of BTC price action. With his previous bullish statements continuing to stand the test of time, and after an eventful few months, Edwards does not see the need to alter the long-term perspective. Bitcoin, he argues, may be less of a sure bet on shorter timeframes, but…
Bitcoin miners still bullish despite toughest bear market yet
Bitcoin (BTC) miners have been up against the ropes over the past year, with record amounts of BTC sent to centralized exchanges to cover costs in 2023. As Cointelegraph previously reported, the Bitcoin mining ecosystem has had an eventful year. The industry scored a staggering $184 million from transaction fees in the second quarter of 2023, eclipsing the total of 2022 on the back of a BTC price rebound and hype around BRC-20 tokens. Stocks in prominent mining firms have also seen impressive gains in 2023, far exceeding Bitcoin’s market value performance.…