Features News Today TheBitTimes.Com

The United States Drug Enforcement Administration (DEA) has seized the largest haul of cryptocurrency from an illegal network involved in selling narcotics through the dark web. According to the Department of Justice (DoJ), in a statement released on January 26, the amount totaling $150 million in digital assets was confiscated from an operation run by an Indian national identified as Banmeet Singh. Singh pleaded guilty to conspiracy to possess with the intent to distribute controlled substances and conspiracy to commit money laundering.  His guilty plea marked the culmination of an investigation that uncovered a multi-million-dollar drug enterprise that utilized dark web marketplaces such as Silk Road 1, Silk Road 2, Alpha Bay, Hansa, and others. Cryptocurrency Nexo solidifies data protection and cloud privacy with two ISO certifications Cryptocurrency Bitcoin layer 2 sidechain Mintlayer launches security-focused mainnet Cr...

Google announced the launch of its latest, most powerful AI model , Gemini. The AI is launch ing Wednesday and competes ag AI nst the popular Open AI alternative AI software, ChatGPT . The AI Model, according to Google, will have three sizes: Gemini Ultra: The largest, most capable category Gemini Pro: Scales across a wide range of tasks Gemini Nano: Meant for specific tasks and mobile devices Also Read: Switzerland City of Lugano Now Accepts Bitcoin & USDT for Taxes Furthermore, Google is planning to license Gemini to customers through Google Cloud for use in their applications. Additionally, it will power consumer-facing Google AI apps like the Bard chatbot and Search Generative Experience. Developers and enterprise customers can access Gemini Pro via the Gemini API in Google AI Studio starting on Dec. 13. Additionally, Android developers will also have access to Gemini Nano. In the company’s announcement, it gave examples including showing Gemi...

Just the top 10 major cryptocurrency exploits garnered over $2 billion for malicious actors in a year that was marred with bankruptcies and collapses. It's been a turbulent year for the cryptocurrency industry — market prices have taken a huge dip, crypto giants have collapsed and billions have been stolen in crypto exploits and hacks. It was not even halfway through October when Chainalysis declared 2022 to be the “biggest year ever for hacking activity.” As of Dec. 29, the 10 largest exploits of 2022 have seen $2.1 billion stolen from crypto protocols. Below are those exploits and hacks, ranked from smallest to largest. 10: Beanstalk Farms exploit — $76M Stablecoin protocol Beanstalk Farms suffered a $76 million exploit on April 18 from an attacker using a flash loan to buy governance tokens. This was used to pass two proposals that inserted malicious smart contracts. The exploit was initially thought to have cost around $182 million as Beanstalk was drained of all its collater...