Thailand’s authorities recently raided an illegal Bitcoin mine following several weeks of power outages in a local town. The raid took place on Sunday in Ratchaburi. It is a province located west of Bangkok. They took action after numerous reports of electrical disruptions in the area. Reports by AFP reveal that the early morning raid was conducted by the Provincial Electricity Authorities together with the local police. A chief district security officer named Jamnong Chanwong mentioned that...
Read More »Warden announces the Artificial Intelligence Blockchain Interface (AIBI)
Tortola, British Virgin Islands, August 26th, 2024, Chainwire Warden, the sovereign AI execution network, announced the alpha release of its new artificial intelligence product – the Artificial Intelligence Blockchain Interface (AIBI). AIBI brings AI on-chain with an intuitive interface for developers to integrate AI into their applications. Inspired by proof-of-computation and computational pipelines, AIBI allows inference endpoints to create cryptographic proofs that verify that an AI...
Read More »Catizen and HashKey Group Plans Meowdrop Campaign
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Read More »Bitcoin ETFs Surge with $250M Inflows After Rate Cut Hints at Jackson Hole
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Read More »Bitmain’s Dominance in Bitcoin Mining Faces New Threats
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Read More »Indian Police Crack Down on Fake Crypto Exchange, Arrest Four
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Read More »Vitalik Buterin Challenges CFTC’s Claims Labelling Polymarket as Gambling Platform
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Read More »Valcambi: Der Goldbarren aus abbrechbaren 1-Gramm-Stücken
Das ist keine Schokolade, sondern ein Goldbarren aus lauter abbrechbaren 1-Gramm-Goldstücken von Valcambi: In der Welt der Edelmetalle gibt es immer wieder faszinierende Innovationen. Ein besonders bemerkenswertes Produkt ist der Goldbarren, der auf den ersten Blick wie ein gewöhnlicher Schokoladenriegel aussieht. Doch bei genauerer...
Read More »Ex-Kansas Bank CEO Sentenced to Over 24 Years for $47 Million Crypto Fraud
A former Kansas bank executive was sentenced to 293 months in federal prison for embezzling $47.1 million in a cryptocurrency fraud scheme that led to the collapse of Heartland Tri-State Bank (HTSB). Shan Hanes, 53, the former CEO of HTSB, pleaded guilty to one count of embezzlement by a bank officer. $47M Crypto Fraud Court documents revealed that Hanes executed 11 unauthorized wire transfers between May and July 2023, directing $47.1 million of the bank’s funds to a...
Read More »4 Cryptocurrencies to Watch Following Jerome Powell Jackson Hole Update
The current U.S. benchmark rate for massive overnight money market loans from the central bank is in the range of 5.25% and 5.5%. When Powell spoke in Jackson Hole, Wyoming, on Friday, markets expected more signals of a regime of interest rate cutting ahead. Instead, he went a step further and explicitly endorsed rate cuts. In fact, he said it’s not a matter of if there will be cuts but how deep to make them: “The time has come for policy to adjust. The direction of travel is...
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