Crypto News

UK Defence Ministry Awards 1.8 Billion Pound AI-Driven Maritime Enhancement Contract to Thales

UK Ministry of Defence signs £1.8 billion contract with Thales for 15-year project to improve Royal Navy ship availability and resilience, leveraging AI and data management. (Read More)Source link

Crypto Exchange Bitsonic CEO Sentenced to 7 Years for $8.4 Million Fraud and Market Manipulation

The CEO of cryptocurrency exchange Bitsonic has been sentenced to 7 years for inflating trading volumes and embezzling $8.4M, marking a significant legal action against crypto fraud. (Read More)Source link

AI in the Dock: B.C. Supreme Court Tackles Fabricated Legal Cases

The B.C. Supreme Court case raises concerns about AI reliability in legal proceedings, highlighting the need for regulation, education, and ethical guidelines for legal professionals. (Read More)Source link

Saudi’s $250M Tech Innovation Boost with Hashgraph (HBAR)

The Hashgraph Association and Saudi Arabia's Ministry of Investment have launched a $250M DeepTech Venture Studio in Riyadh, supporting over 500 companies in developing advanced AI, blockchain, and VR solutions. (Read More)Source link

Former Starbucks Bitcoin Partner Bakkt Says It’s Running Out of Cash

Two weeks after announcing a major international expansion, the company now tells the SEC it might not make it to 2025.Source link