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Technology
Crypto Scammers Who Used Prayer Groups to Lure Victims Must Pay $1.3 Billion, Says New York
New York’s attorney general asked a court to order NovaTech’s founders, who fled the country, to pay about $1.37 billion, and settled with four top promoters for nearly $6 million.
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Bitcoin ETFs Bleed $636 Million as October Turns Red Again
Spot Bitcoin ETFs lost $635.6 million on Thursday, their biggest outflow of the month, pushing October flows back to a loss of about $176 million as Ethereum and Solana funds also bled.
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Morning Minute: a16z Drops ‘Crypto’ From Its Fund
The name change is symbolic of the fund’s future investing focus, though the firm will continue investing in crypto.
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Interpol Recovers $105M in African Cybercrime Sweep That Shut Illegal Crypto Mines
Operation Serengeti III led to 1,462 arrests across 21 countries, while Angolan police seized more than 2,000 crypto mining devices.
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Ethereum Delays Glamsterdam Testnet Fork Over Gas Security Flaws
The Hoodi testnet fork is off after ChainSecurity found gas changes that could let contracts lock in failures, citing 13 real-world cases.
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Heatbit’s $899 Water Heater Element Mines Bitcoin While It Heats Your Tank
The Bitwater element swaps a tank's resistance wire for 20 mining chips, and Heatbit says it uses the same electricity to heat the water.
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Bitcoin in ‘Wait and See Mode’—And That Might Be a Good Thing
The crypto market has been quiet as of late. Market analysts think that might actually be a good sign and that a bull market might be near.
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Is the Internet Safe Again After the PHP Nightmare? What You Need to Know
PHP shipped its fix, attackers launched millions of attempts, and governments say no one has broken in yet. Here's what that means for your passwords, your crypto, and your browsing.
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ChatGPT Teaches Messi Chess—On a Board It Set Up Wrong, With an Opening That Loses in Four Moves
Lionel Messi’s ChatGPT ad has the AI teaching him chess on a board with kings and queens swapped, then suggesting an opening that loses in four moves on that board.
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a16z Drops Crypto From Its Name, Widens Bets to AI and Frontier Tech
Andreessen Horowitz is renaming its crypto fund a16z Frontier and widening its scope to AI, autonomous machines and biology, saying the line between crypto and everyday tech has blurred.
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