Tag Archives: 100M

Pseudonymous blockchain sleuth ZachXBT said on Monday that part of the funds tied to last year’s $100 million attack on the Harmony network were moved over the weekend. “North Korea’s Lazarus Group had a very busy weekend, moving $63.5 million (~41,000 ETH) from the Harmony bridge hack through Railgun before consolidating funds and depositing on three different exchanges,” ZachXBT alerted on Twitter. Over 350 addresses linked to the attackers have been compiled in a list by ZachXBT. The… Source link

The U.S. Department of Justice and the Securities and Exchange Commission filed parallel lawsuits against eight social media influencers, alleging they engaged in a pump-and-dump stock manipulation scheme that fleeced their followers out of $100 million. The SEC announced fraud charges on Wednesday against seven self-proclaimed “FinTwit” financial gurus on Twitter: Perry Matlock a/k/a “PJ Matlock;” Edward Constantin a/k/a “Edward Constantinescu” and “MrZackMorris;” Thomas… Source link

British Open champion Cameron Smith has signed a $100 million deal to join LIV Golf, The Telegraph reports. Smith declined to address the report when asked about it Tuesday afternoon. The reported signing marks another significant win for the controversial Saudi-backed golf league as it secures the services of a reigning major champion and one of the game’s rising stars. Smith, 28, is a six-time winner on the PGA Tour. The Australian is less than four weeks removed from securing the British… Source link

ROCKFORD, Ill. — Illinois residents are eligible to receive part of a $100 million class-action settlement after Google was accused of violating privacy laws in the state. The tech giant was accused of violating the Biometric Information Privacy Act regarding its use of a face regrouping tool in the Google Photos app. Google used the tool to sort faces it spots in photographs by similarity. However, according to the suit, the company did not receive consent from millions of users before… Source link

The Securities and Exchange Commission on Monday settled charges with BlockFi Lending over its failure to register its cryptocurrency interest account, bringing the largest ever penalty against a crypto firm. The SEC found BlockFi violated three areas of federal securities laws – including selling unregistered securities, operating as an unregistered investment company and making “material false and misleading statements” on its website that the loans were over collateralized. “This is… Source link

A recent survey carried out by CNBC reported that 81% of executives worldwide say AI will play a prominent and critical role in how their businesses operate this year. Companies are phasing from the first generation of AI, which deals with pattern, text and image recognition, to decision-making AI, which helps them make timely decisions in complex spaces. InstaDeep, a Tunis and London-based enterprise AI startup that creates decision-making systems for solving real-world problems, has… Source link

Nvidia (NVDA) CEO Jensen Huang made a strong case for the ARM merger at the Six Five Summit and CogX conference. The executive also talked about U.K. opportunities and investments. Nvidia stock jumped 4.76% on Thursday to close at $746.29. Huang told the CogX conference that the merger would combine ARM’s CPU capabilities with Nvidia’s artificial intelligence capabilities to create new ideas. “The U.K. has every reason to be proud of Arm and its achievements and contributions to the… Source link

DK Metcalf didn’t embarrass himself in his professional track debut. The Seattle Seahawks wide receiver showed on Sunday that he doesn’t have world-class speed but he’s also more than merely football fast. In his first track meet since he began training to try to make next month’s U.S. Olympic Trials, Metcalf failed to advance out of his semifinal heat at the Golden Games and Distance Open in Walnut, Calif. Metcalf’s time of 10.37 seconds was very respectable given his size and limited… Source link

Bloomberg Record Alibaba Fine Shows China’s Big Tech Can’t Fight Back (Bloomberg) — After China imposed a record antitrust fine on Alibaba Group Holding Ltd., the e-commerce giant did an unusual thing: It thanked regulators.“Alibaba would not have achieved our growth without sound government regulation and service, and the critical oversight, tolerance and support from all of our constituencies have been crucial to our development,” the company said in an open letter. “For this, we… Source link

Bloomberg Big Oil’s Secret World of Trading (Bloomberg Markets) — It was a bleak moment for the oil industry. U.S. shale companies were failing by the dozen. Petrostates were on the brink of bankruptcy. Texas roughnecks and Kuwaiti princes alike had watched helplessly for months as the commodity that was their lifeblood tumbled to prices that had until recently seemed unthinkable. Below $50 a barrel, then below $40, then below $30.But inside the central London headquarters of one of the… Source link