Beware of Crypto Job Scams Linked to Labor Trafficking, FBI Warns
The FBI has issued a warning about fake job ads linked to labour trafficking and cryptocurrency fraud. Traffickers coerce victims into committing crypto investment schemes abroad. The Federal Bureau of Investigation (FBI) in the United States has alerted its citizens about a new scam involving fake job advertisements linked to labour trafficking and cryptocurrency fraud. […]
Crypto Group Asks Congress to Pass Digital Asset Laws
The Chamber of Digital Commerce warns that if the U.S. does not adopt a national approach to crypto regulation, it risks losing its global leadership and dollar primacy. On May 19, the Chamber of Digital Commerce, a digital asset advocacy group with major players such as Goldman Sachs, Citi Group, Circle, and Fidelity, urged Congress […]
Briton Confesses to 2020 Celebrity Twitter Hack
A British man has pleaded guilty to participating in a massive Twitter hack that targeted celebrities, politicians, and businesses in 2020. In July 2020, over 130 Twitter accounts, including those of Barack Obama , Joe Biden, Elon Musk, Jeff Bezos, Kim Kardashian, and Kanye West, were compromised. The hackers used social engineering techniques to access […]
China Researches AI Development Without US Chip Technology
Due to sanctions, China continues to research the development of homegrown artificial intelligence (AI) without using the most advanced chip technology from the United States. According to a report from the Wall Street Journal, Chinese companies are researching artificial intelligence (AI) methods to develop AI using weaker semiconductors and chip combinations to avoid reliance on […]
Senior US officials urge Congress to strengthen Crypto regulation
The officials ask Congress to intensify its efforts on crypto regulation to prevent the misappropriation of consumers’ assets and the emergence of conflicts of interest. Four high-ranking US government officials working in the White House have issued a call to action to the US Congress, urging it to “step up its efforts” in the area […]