California Orders $4.8M Payout to Bitcoin ATM Scam Victims

Key Takeaways Coinflip must pay more than $4.8 million in victim compensation. Transactions exceeded California’s $1,000 daily customer limit. Coinflip must also pay the regulator over $350,000 in excessive fees. Coinflip Faces Compensation Order Over Fraud Safeguards California’s Department of Financial Protection and Innovation (DFPI), the state’s financial regulator, announced Nov. 4 that it ordered […]

Bitcoin Price Goes Wild Again as US Jobs Report Smashes Expectations

Expectations prior to the release claimed that the monthly growth would be around 59,000 jobs. Bitcoin is on the move again after the release of the US jobs report for October, which was well above what experts anticipated. The reading, published minutes ago, noted that the US economy added 165,000 jobs in October, while […]

A 55-Year-Old Math Problem Was Solved—This Time by Humans

The original version of this story appeared in Quanta Magazine. The late Ronald Graham wore two hats. He was a renowned mathematician and, at one time, president of the American Mathematical Society. He was also a serious juggler and president of the International Jugglers’ Association. “He loved tricks,” said Fan Chung, a mathematician at UC […]

SEC Confirms Data Breach Involving Platform Users, Notifies Privacy Commission

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Securities and Exchange Commission (SEC) confirmed Monday that personal information belonging to registered users of its online platforms has been compromised, prompting the corporate regulator to formally report the incident to the National Privacy […]

Ripple’s David Schwartz addresses XRP price criticism as token falls to $1.16

Ripple’s former chief technology officer David Schwartz has played down his influence over XRP’s price after facing renewed criticism from cryptocurrency investors, as the token trades around $1.16 following months of losses. Summary David Schwartz acknowledged having limited influence over XRP prices after criticism from cryptocurrency investors online. Schwartz said he would block users posting […]

Nvidia will investigate CEO Jensen Huang’s relationship with possible Chinese spy

Nvidia’s board of directors announced Sunday that it’s launching an independent investigation following reports that CEO Jensen Huang was targeted by a Chinese spy operation. Nvidia also published a message that Huang sent to the company admitting that he had an affair with Alice Huang, a former executive at Singapore-based chip company Megaspeed (though he […]

Binance CFO Exits After 5 Years to Pursue AI and Crypto Tokenization – Bitcoin News

Key Takeaways Justin Yek will succeed Ng under a transition plan in place for six months. Planned projects span basketball, music, computing, robotics, and gold. Ng invited prospective team members to help pursue tokenization ventures. Kaiser Ng Hands Over Binance’s Finance Leadership Binance Chief Financial Officer Kaiser Ng outlined his departure and entrepreneurial plans in […]

Bitcoin Has No CEO to Drag Into the Scandal

Senate Dems plan to investigate JPM’s historic relationship with Jeffrey Epstein. Bitcoin has no CEO to be in the Epstein files. Alongside the rest of the market, shares of JPMorgan Chase tanked at the end of the previous week, but there’s more to the story. JPM’s decline also came after reports emerged that Senate […]

AI Hallucinations: What to Check Before You Trust an Answer

Learn how to spot AI hallucinations, verify facts and quotes, check sources, and review AI-generated business reports before sharing or acting on them. The post AI Hallucinations: What to Check Before You Trust an Answer appeared first on TechRepublic. Source link