Riot Hires Data Center Chief as Bitcoin Miner Ramps Up HPC and AI Hosting Plans

Riot Platforms (NASDAQ: RIOT) has appointed Jonathan Gibbs as its new Chief Data Center Officer (CDCO) as the company pushes deeper into high-performance computing (HPC) and AI hosting. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. Gibbs, a […] Original

Report: Coinbase Knew of Data Leak Months Before $400M Breach

Coinbase was informed of a customer data leak at its outsourcing partner, Taskus, some four months before a significant breach that is expected to cost the company $400 million. Breach Causes 200 Employees to Lose Jobs? U.S. cryptocurrency exchange Coinbase was made aware of a customer data leak at one of its outsourcing companies four […] Source CryptoX Portal

Coinbase data hack sparks calls to scrap KYC

Coinbase’s recent data breach is prompting renewed calls to remove Know Your Customer (KYC) requirements in licensed cryptocurrency exchanges. Illicit actors bribed the exchange’s overseas customer service agents in December 2024 to gain access to the personal information of 70,000 users. In May, Coinbase admitted that hackers had obtained data such as government-issued ID photos and home addresses. “All this security theater needs to be abolished asap. Time and again it only benefits hackers and extortionists,” said pseudonymous developer Banteg on X. “KYC actually enables crime.” However, it’s not feasible…

Riot Platforms (RIOT) Taps Data Center Veteran to Expand Beyond Bitcoin Mining

Riot Platforms (RIOT) has hired industry veteran Jonathan Gibbs as its Chief Data Center Officer, marking a strategic move by the bitcoin miner to branch out beyond crypto into the broader data infrastructure business. Gibbs brings over 15 years of experience and a résumé that includes designing and building more than one gigawatt of data center capacity across North America, Europe and Asia. He most recently served as Executive Vice President at Prime Data Centers, where he led projects across the U.S. Now, he’s tasked with launching Riot’s new data…

Bitcoin Upward Momentum ‘Highly Likely’ To Continue, On-Chain Data Shows

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Although Bitcoin (BTC) appears to have stalled in the mid-$100,000 range, on-chain data indicates that the top cryptocurrency’s bullish momentum is far from over. BTC recently hit a new…

Zero-knowledge proofs offer a cryptographic solution that keeps your sensitive data safe.

Opinion by: Andre Omietanski, General Counsel, and Amal Ibraymi, Legal Counsel at Aztec Labs What if you could prove you’re over 18, without revealing your birthday, name, or anything else at all? Zero-knowledge proofs (ZKPs) make this hypothetical a reality and solve one of the key challenges online: verifying age without sacrificing privacy.  The need for better age verification today We’re witnessing an uptick in laws being proposed restricting minors’ access to social media and the internet, including in Australia, Florida, and China. To protect minors from inappropriate adult content,…

Bitcoin stalls ahead of US macro data, Wall Street buys BTC

Key takeaways: Bitcoin is stuck below $110,000 due to macroeconomic uncertainty and Nvidia’s earnings cap risk appetite. Strong spot BTC ETF inflows and Bitcoin options data are hints that US economic clarity could unlock BTC highs. Investor sentiment improved on May 26 after US President Donald Trump postponed his retaliatory European Union 50% tariffs on imports. European stock markets responded positively to the development, but Bitcoin (BTC) was unable to hold the $110,000 level, leading traders to question whether a new all-time high remains within reach. Even if Bitcoin revisits…

AI needs better human data, not bigger models

Opinion by: Rowan Stone, CEO at Sapien AI is a paper tiger without human expertise in data management and training practices. Despite massive growth projections, AI innovations won’t be relevant if they continue training models based on poor-quality data.  Besides improving data standards, AI models need human intervention for contextual understanding and critical thinking to ensure ethical AI development and correct output generation. AI has a “bad data” problem Humans have nuanced awareness. They draw on their experiences to make inferences and logical decisions. AI models are, however, only as…

Coinbase faces another data breach lawsuit claiming stock drop damages

Coinbase and two executives have been hit with another proposed class-action lawsuit over the crypto exchange’s stock price drop after disclosing a user data breach earlier this month and for allegedly failing to disclose a violation of an agreement with a UK regulator. Coinbase investor Brady Nessler said in a May 22 lawsuit filed in a Pennsylvania federal court that the data breach and the alleged broken agreement with the UK’s Financial Conduct Authority resulted in a “precipitous decline in the market value of the Company’s common shares,” causing stockholders…

Tron Bulls Regain Control – On-Chain Data Shows Fresh Buying Pressure

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. While Bitcoin and other major cryptocurrencies have surged to new all-time highs, Tron (TRX) has remained in a tight consolidation range. Despite the broader market’s bullish momentum, TRX is…