Saturday, February 26, 2022

BitConnect's Satish Kumbhani charged by US in $2.4 billion Ponzi scam

Kumbhani, 36, was charged in San Diego with misleading investors about BitConnect’s purported propriety technology, which falsely promised returns based on phony “volatility software” that tracked cryptocurrency exchange markets, prosecutors said. https://ift.tt/2YQtIKF

SC to government: Make stand on Bitcoin and other cryptocurrency trade clear

The Supreme Court on Friday asked the Centre to make its stand clear on whether cryptocurrency trade involving Bitcoin or any other such currencies is legal in India or not. https://ift.tt/YOaskl5

Friday, February 25, 2022

Russia may legalise cryptocurrency to avoid sanctions

The increased adoption of cryptocurrencies is helping Russian President Vladimir Putin evade the first wave of financial sanctions from the West and the country may legalise cryptocurrencies in order to sustain and virtually avoid all the sanctions as it invades Ukraine, the media reported. https://ift.tt/QgowsJA

UK proposes requiring online platforms to introduce identity verification tools to help users block anonymous trolls, as part of its Online Safety Bill (Ryan Browne/CNBC)

Ryan Browne / CNBC:
UK proposes requiring online platforms to introduce identity verification tools to help users block anonymous trolls, as part of its Online Safety Bill  —  - The proposals mean online platforms would need to give users a way to verify their identity, and allow them to block any unverified accounts.



Clubhouse begins rolling out in-room chat

Social audio platform Clubhouse is introducing an in-room chat feature that will allow users -- from the mods to the listeners in the audience -- to communicate with each other via text during a live room. https://ift.tt/YJcemEg

Russia-backed falsehoods and digital tricks related to its invasion of Ukraine are putting tech giants on the defensive over the spread of online disinformation (Politico)

Politico:
Russia-backed falsehoods and digital tricks related to its invasion of Ukraine are putting tech giants on the defensive over the spread of online disinformation  —  The world's biggest social media companies are scrambling to combat a global barrage of Kremlin-backed falsehoods …



Some startups and researchers who can't access the most advanced chips are adopting a "frugal AI" approach, building smaller models on open-weight systems (Rina Chandran/Rest of World)

Rina Chandran / Rest of World : Some startups and researchers who can't access the most advanced chips are adopting a “frugal AI” app...