Crypto News

Corruption in Paraguay: Senator States Illegal Bitcoin Mining Farms Pay up to $500,000 to Operate Underground

Salyn Buzarquis, a Paraguayan senator, blasted the National Power Administration of Paraguay (ANDE), stating that high-ranking officials charged illegal bitcoin mining farms for operating underground. Buzarquis stated these unnamed officials collected up to $500,000 in bribes monthly and called for the resignation or interrogation of ANDE’s President Felix Sosa on this matter. Senator States NationalSource link

Cronos (CRO) Mainnet V1.3 Upgrade Scheduled at Block Height 14,920,000

Cronos (CRO) Mainnet V1.3 upgrade introduces backward compatibility and RPC improvements, scheduled for block height 14,920,000 on July 18, 2024. (Read More)Source link

Biden’s Odds on Polymarket Little Changed After ABC TV Interview

The president's chances of reelection remain 12% and his probability of dropping out stayed at 63%, according to traders on the crypto-based prediction market platform.Source link

Crypto Theft Surge: Hackers Steal $1.38 Billion in First Half of 2024, Doubling 2023 Figures

A new report by blockchain intelligence firm TRM reveals that crypto thefts in the first half of 2024 have doubled compared to 2023, with $1.38 billion stolen by June 24. Major hacks constitute 70% of losses, with private key compromises and smart contract exploits as top attack vectors. Crypto projects are advised to adopt comprehensiveSource link

New AI Training Technique Is Drastically Faster, Says Google

The so-called JEST approach is up to 13 times faster and 10 times more efficient—which could mean lower energy demands.Source link