Siacon mining falls victim to massive malware hack in China
Cyber criminals allegedly collaborated with computer maintenance companies in China to inject computers based at around 100,000 internet cafes with malware to mine Siacon illegally.
Search Results for: hacking and mining
Will Omniscape be the unicorn of BSV blockchain?
Omniscape CEO and Co-Founder Robert Rice joined the CoinGeek Weekly Livestream, talking about the metaverse, AR/VR, and what his company is currently working on.
Misconfigured Ethereum apps, mining rigs lose $20M to hacks
A new report detailed how hackers managed to breach Ethereum clients, which have been configured to expose a Remote Procedure Call (RPC) interface.
Stablecoins show promise in payments, but regulatory fragmentation hinders adoption: BIS
In a new report, the BIS surveyed 11 jurisdictions and their stablecoin approaches, concluding that the lack of harmony presented the biggest challenge.
New York Times ‘hacked’ ChatGPT, OpenAI claims as it seeks copyright lawsuit dismissal
OpenAI claims that it took the NYT tens of thousands of attempts to generate the anomalous results it sued for and that the newspaper exploited a ChatGPT bug.
Digital shekel will compete with banks for deposits, payments: Bank of Israel
A digital shekel will force commercial lenders to up their game and offer better and cheaper services, according to the deputy governor of the Bank of Israel.
Turkey tops list for stablecoin purchases versus GDP
Stablecoin purchases accounted for 4.3% of Turkey’s GDP, the highest ratio globally; the U.S. ranked fourth at 0.5% despite having significantly higher volumes.
Consensys sues SEC over plans to label ETH an unregistered security
Drawing from previous cases involving securities, Consensys struck the SEC with a complaint as it seeks protection from the U.S. regulator's "administrative state to control innovative technologies."
UK competition regulator scrutinizes big tech ‘partnerships’ in AI industry
The U.K.'s Competition and Markets Authority is inviting views on whether AI partnerships and other arrangements between the big techs create relevant merger situations.
South Africa’s digital payments roadmap includes CBDC, stablecoins
South Africa is marching toward Vision 2025 payments digitalization, with the central bank identifying stablecoins and a retail CBDC as some of the pillars.
Microsoft’s G42 deal shows US and China in AI cold war (that could get much hotter)
Microsoft made a $1.5 billion 'strategic' investment in G42, the UAE-based AI tech holding company, followed by behind-the-scenes negotiations with Commerce's BIS last year.
CIOs open to AI but return on investment concerns continue to plague adoption
Amid ethical and business concerns and the slow adoption of artificial intelligence, a Lenovo survey showed that 81% of polled C-suite execs have started integrating third-party AI tools into their IT departments.