UN Accuses North Korea Of $3B Crypto Theft To Fund Nuclear Weapons Program

In a recently reviewed unpublished report by Reuters, United Nations (UN) sanctions monitors have alleged that North Korea engaged in a massive theft of crypto assets, raking in $3 billion through cyberattacks.  Nuclear Upgrades And Crypto Cyberattacks Unveiled According to Reuters, the independent panel of sanctions monitors revealed that despite international sanctions, North Korea continued to defy regulations by enhancing its nuclear arsenal and producing nuclear fissile materials.  The monitors further noted that the country conducted ballistic missile launches, deployed a “tactical nuclear attack submarine,” and even placed a satellite…

Inside the Nuclear Arms Control Hub in Contact With Russia

On Sept. 11, 2001, the U.S. prepared for a dramatic and sudden military response to the worst attack on American soil in the country’s history.  But there was a problem. Normal military communications between the U.S. and Russia had been severed after a hijacked plane crashed into the Pentagon. As the U.S. sought to move its military forces to the highest state of peacetime readiness, there were concerns that this might raise alarm bells in Russia. One line to Moscow was left standing.  “At this time the United States has…

Microsoft to form nuclear power team to support AI: Report

Tech giant Microsoft is apparently forming a new team to advance its artificial intelligence plans by hiring a professional to develop an energy strategy based on Small Modular Reactors (SMRs) and microreactor energy. According to a job post reported by The Verge, Microsoft is looking for a principal program manager who will lead its nuclear technology efforts to support the development of AI models. “The next major wave of computing is being born, as the Microsoft Cloud turns the world’s most advanced AI models into a new computing platform,” according to…

Terawulf, a bitcoin miner using nuclear power, releases update; benefiting from low electricity costs

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recent statement, Terawulf announced its bitcoin mining update months after launching a first-of-its-kind nuclear-powered Nautilus facility in the United States. Terawulf electricity costs advantage According to Terawulf, they actualized their goal of adding an extra 8,000 rigs to increase its capacity and currently accommodates 16,000 self-miners while running on 50 MW of power in a five-year agreement with the power generator.  At the same time, they delivered a gross margin of 63%. However, at…

AI should be regulated like medicine and nuclear power: UK minister

Developers working on artificial intelligence should be licensed and regulated similarly to the pharmaceutical, medical, or nuclear industries, according to a representative for Britain’s opposing political party. Lucy Powell, a politician and digital spokesperson for the United Kingdom’s Labour Party told The Guardian on June 5 that firms like OpenAI or Google which have created AI models should “have to have a license in order to build these models,” adding: “My real point of concern is the lack of any regulation of the large language models that can then be…

AI experts sign doc comparing risk of ‘extinction from AI’ to pandemics, nuclear war

Dozens of artificial intelligence (AI) experts, including the CEOs of OpenAI, Google DeepMind and Anthropic, recently signed an open statement published by the Center for AI Safety (CAIS).  We just put out a statement: “Mitigating the risk of extinction from AI should be a global priority alongside other societal-scale risks such as pandemics and nuclear war.” Signatories include Hinton, Bengio, Altman, Hassabis, Song, etc.https://t.co/N9f6hs4bpa (1/6) — Dan Hendrycks (@DanHendrycks) May 30, 2023 The statement contains a single sentence: “Mitigating the risk of extinction from AI should be a global priority…

SAI․TECH Press Conference Reveals Plans to Boost AI and BTC Computing Power, Expand Into Nuclear SMR and DEX Technology – Press release Bitcoin News

PRESS RELEASE. SINGAPORE – SAI.TECH Global Corporation, a clean-tech company specializing in Bitcoin mining, heating, and power industry, hosted its virtual corporate annual conference, SAITIME 2023 on April 20th at 08:30 EST. The virtual conference was hosted by founder & CEO Arthur Lee and was live-streamed on YouTube and Zoom. Live tweets and discussions were also hosted on Twitter. The conference featured the consolidation of the SAIHUB solution, which aims to build a cleaner world through the green transition of the computing industry and the research and promotion of small…

Terawulf erects first nuclear bitcoin mine in USA

To promote the use of clean energy in crypto, the bitcoin (BTC) mining company Terrawulf has put its name in the history books as one of the first builders of a nuclear-powered nuclear mining facility in the U.S. Terrawulf to use clean energy for mining operations Maryland-based zero-carbon bitcoin mining company, Terrawulf has launched its nuclear-powered bitcoin mining hub in Pennsylvania, USA. The mining facility called Nautilus is the first bitcoin mining facility in the country run on nuclear energy. First announced in 2021, the Nautilus Cryptomine facility currently houses…

US Markets Tumble as Real Estate Weakens, Putin Suspends Nuclear Treaty, Morgan Stanley Warns of Stock Market ‘Death Zone’ – Economics Bitcoin News

On Tuesday, all four major U.S. benchmark stock indexes fell as real estate data showed home sales dropped by 0.7% last month and Russian President Vladimir Putin suspended the nuclear arms control treaty with the United States. Additionally, the chief U.S. equity strategist at Morgan Stanley said the stock market is in a “death zone” and could drop another 26%. Investor Fears of a Prolonged Recession Swell, U.S. Tensions With Russia Further Disrupt Global Markets On Tuesday, markets traded lower compared to the previous day as investors have been shaken…