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Hong Kong jails ex-CCB Asia manager 4 years for $470K crypto bribes to fake $1.6B bank documents.
Lam Chun-yin, a former relationship manager at China Construction Bank (Asia), was sentenced to four years in prison for accepting over $470,000 in Tether cryptocurrency to authenticate false bank instruments valued at more than $1.6 billion. The cou...
Scammers use fake USDT tokens to steal from Venezuelan merchants at checkout.
In Venezuela, scammers are exploiting the widespread use of USDT stablecoins by sending fake USDT tokens with zero value to merchants during checkout. These counterfeit tokens mimic real USDT contracts and appear valid in self-custody wallets, tricki...
NASA's Apollo computer mined Bitcoin in 2019 but would take millions of times the universe's age today.
In 2019, computer scientist Ken Shirriff programmed NASA's Apollo Guidance Computer (AGC) to mine Bitcoin, completing one hash every 10.3 seconds. At that time, the Bitcoin network's hashrate was about 65 exahashes per second (EH/s), making the AGC's...
