The latest DW Weekly report delves into significant updates affecting Big Tech, highlighting a series of legal challenges and regulatory actions across the globe. The European Union has imposed hefty fines on tech giants like Apple and Meta for anti-competitive practices, amid rising tensions between the EU and the U.S. In the U.S., antitrust scrutiny ...
Cryptocurrency has attracted both innovation and scams, with 2023 seeing over 69,000 reports of fraud resulting in $5.6 billion in losses, a significant increase from the previous year. Fraudsters often use cryptocurrency for familiar scams, exploiting victims through sophisticated methods. Legal experts emphasize the challenges of recovery, as many scams involve untraceable digital wallets and ...
Cryptocurrency is attracting both innovation and scams, with 2023 witnessing over 69,000 complaints to the FBI about losses totaling $5.6 billion, marking a 45% increase from the previous year. Many fraudsters exploit common schemes like investment scams and fake platforms, often operating internationally. Victims struggle to recover lost funds due to the untraceable nature of ...
The US Treasury has stated that a court ruling is unnecessary in the lawsuit concerning the sanctions imposed on Tornado Cash, as it has been removed from the sanctions list. Tornado Cash was sanctioned in August 2022, reportedly for facilitating money laundering linked to North Korean hackers. After a favorable court ruling, the Treasury delisted ...
Join the AI Agent & Copilot Podcast as we dive into the latest AI advancements from Microsoft and its partners. This episode features Tom Smith discussing an upcoming session on “AI and Security, Legal Challenges & Policy Considerations” at the AI Agent & Copilot Summit. Guests Nathan Bensch and Corey Hlavacek from enVista share insights ...
James Howells, a computer engineer, believes his Bitcoin hard drive, worth nearly £600 million, is buried in a Newport landfill. The hard drive was accidentally thrown away by his former partner in 2013, and its value has skyrocketed since then. After a decade of trying to recover it, a High Court judge dismissed Howells’ attempt ...
AI agents are set to become a hot topic in 2025, representing autonomous tools that can handle online tasks with little human input. These agents are particularly thriving in the Web3 space, often requiring users to buy cryptocurrency to access their services. A recent example involved an AI agent placing a pizza order based solely ...
Do Kwon, the co-founder of Terraform Labs, faces severe legal repercussions as he has been extradited to the U.S. from Montenegro. Following the collapse of the TerraUSD and Luna cryptocurrencies, Kwon could face up to 130 years in prison if convicted on multiple fraud charges. The U.S. Justice Department is pursuing substantial charges, including securities ...
XRP, the digital token connected to Ripple, is gaining significant attention in the cryptocurrency Market after a remarkable increase in value from $0.50 to $2.41, representing a 292.55% rise this year. Analysts suggest that, following a brief Market correction, XRP could reach potential highs of $4 or even $48 in the future. Ripple’s recent approval ...
