DOJ SENCILS AML Bitcoin founder at 7 years old for $ 10 million in cryptography and money laundering fraud

The United States Ministry of Justice has intensified its legal efforts in the cryptocurrency space, imposing serious sanctions with several key figures involved in digital currency projects linked to a financial fault. In a recent development, Rowland Marcus Andrade, the founder of AML Bitcoin, was sentenced to seven years in federal prison for having frauded…

Read More

Taking Another Big Leap In AI Progress

Low angle view of man jumping into the air while doing the acrobat against the light blue sky Getty “It’s a small step for (a) man … a giant jump for humanity.” Despite the confusing transcription, it was a big jump for the world, and which was intended not to be repeated for another half-century…

Read More

Study finds high levels of toxic ‘forever chemicals’ in popular smartwatch bands

Kaitlyn Cimino / Android Authority TL;DR Popular smartwatch bands have been found to contain high levels of PFHxA, a harmful “forever chemical.” These bands can expose wearers to PFAS through skin contact, particularly during exercise, when sweat and open pores amplify absorption. Experts recommend avoiding fluoroelastomer bands and choosing safer alternatives. Smartwatch bands from popular…

Read More

PBOC Report Highlights Crypto Oversight, Hong Kong Takes Lead in Licensing Initiatives

The importance of regulating digital currencies and cryptocurrencies from the People’s Bank of China (PBOC) in its recently released Financial Stability Report 2024. This reiteration is particularly notable given the contrasting approach to crypto between mainland China and Hong Kong. Notably, while mainland China maintains its strict ban on cryptocurrency trading and mining, Hong Kong…

Read More