Kabosu, the dog best known to the internet as the inspiration behind the Doge meme cryptocurrency, has died. Kabosu died on May 24, according to a blog post from his owner Atsuko Sato published the same day (translated from Japanese by Google Translate). A farewell party will be held on …
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Two months ago, Lin Rui-siang, a young Taiwanese man wearing black-rimmed glasses and a white polo shirt, stood behind a lectern emblazoned with the crest of the St. Lucia police, giving a presentation titled “Cyber Crime and Cryptocurrency” in nearly fluent English to a roomful of cops from the tiny …
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A judge in the UK High Court has ruled that computer scientist Craig Wright lied “extensively and repeatedly” and committed forgery “on a grand scale” in aid of a years-long quest to prove he is Satoshi Nakamoto, the creator of Bitcoin. In a written judgment published on May 20, Justice …
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Just when you’ve thought you’ve seen everything when it comes to cryptocurrency theft, two brothers attending MIT have uncovered a brand new way to steal millions. According to a U.S. Department of Justice (DOJ) announcement on Wednesday, Anton Peraire-Bueno and James Peraire-Bueno have both been charged with conspiracy to commit …
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A panel of judges in the Netherlands has found Alexey Pertsev, one of the developers behind crypto anonymizing tool Tornado Cash, guilty of money laundering. Over the course of two days in March, the Russian national was tried on the allegation that the tool he developed had allowed criminals—among them …
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Billy Restey is a digital artist who runs a studio in Seattle. But after hours, he hunts for rare chunks of bitcoin. He does it for the thrill. “It’s like collecting Magic: The Gathering or Pokémon cards,” says Restey. “It’s that excitement of, like, what if I catch something rare?” …
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Updated 9 am ET, May 14, 2024: A Dutch court has found Tornado Cash cofounder Alexey Pertsev guilty of money laundering and sentenced him to 64 months in prison. In the fall of 2020, as crypto scammers and thieves began to realize the full potential of a financial privacy tool …
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Some creditors of the bankrupt crypto exchange FTX are preparing to reject a plan that would see them recover 118 percent of the money they lost. The proposal is far less generous than it might seem, they claim. Starting in January, the FTX creditors began to form a voting block, …
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Joe Lubin is in a fight with the Securities and Exchange Commission. Not only is the financial regulator waging war against Ethereum, he claims, but making a grab for jurisdiction over the future of the Internet. So Lubin has decided to punch back. In 2015, Lubin was part of the …
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One task where AI tools have proven to be particularly superhuman is analyzing vast troves of data to find patterns that humans can't see, or automating and accelerating the discovery of those we can. That makes Bitcoin's blockchain, a public record of nearly a billion transactions between pseudonymous addresses, the …
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