Day: March 19, 2025

Feds charge filmmaker with stealing $11M from Netflix to gamble on crypto, stocks

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US federal authorities have arrested and indicted a filmmaker, accusing him of spending $11 million given by Netflix to gamble on stocks and crypto instead of using it to finance a science fiction TV show. The Department of Justice said in an indictment unsealed in a Manhattan federal court on March 18 that it had charged Carl Erik Rinsch with fraud and money laundering, and he could face upward of 20 years in prison. The DOJ alleged that Netflix, which wasn’t named in the complaint, gave Rinsch $11 million in…

North Dakota Senate passes crypto ATM bill limiting daily transactions to $2K

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The North Dakota Senate has passed a bill that regulates crypto ATMs while re-adding a provision capping daily transactions at $2,000 per user that was originally dropped by the state’s House. The state’s Senate passed House Bill 1447 in a 45-to-1 vote on March 18. The bill was introduced to the state’s legislative assembly on Jan. 15 and aims to protect residents from scams by introducing a slate of new guidelines for crypto ATMs and their operators. The latest version of the bill passed by the Senate requires crypto ATM…

Raydium unveils LaunchLab, Pump.fun’s fork, RAY soars 28%

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Key Takeaways RAY token surged 28% after Raydium announced its LaunchLab platform to compete with Pump.fun. The meme coin sector has been declining, with market cap dropping significantly since its peak. Share this article RAY, Raydium’s utility and governance token, surged around 28%, rising from $1.6 to $2 on Tuesday following reports that the firm is rolling out its own meme coin launchpad that could challenge Pump.fun, the go-to platform for meme token debuts. According to Blockworks, Raydium’s meme coin factory, called LaunchLab, will maintain a similar bonding curve as…

Minnesota senator proposes Bitcoin Act after going from skeptic to believer

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Minnesota state Senator Jeremy Miller has introduced the Minnesota Bitcoin Act, which he drafted after completely changing his stance on Bitcoin. “As I do more research on cryptocurrency and hear from more and more constituents, I’ve gone from being highly skeptical to learning more about it, to believing in Bitcoin and other cryptocurrencies,” Miller said in a March 18 statement. Miller said the bill aims to “promote prosperity” for Minnesotans by allowing the Minnesota State Board of Investment to invest state assets in Bitcoin (BTC) and other cryptocurrencies, just as…

EOS Network rebrands to Vaulta in shift to Web3 banking

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The EOS Network, a blockchain that launched in 2018 amid the initial coin offering boom, has rebranded to Vaulta and will pivot to focusing on Web3 banking.  The switch to Vaulta is tentatively scheduled for the end of May and will include a new token and the establishment of an advisory group known as the Vaulta Banking Advisory Council to help with the firm’s new direction, the company said in a March 18 statement. In a separate statement, the firm said the network’s EOS (EOS) token will transition to the…

Hacker breaks into AI crypto bot aixbt’s dashboard to snatch 55 ETH

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An attacker has breached the dashboard of an artificial intelligence crypto bot and made two prompts for it to transfer 55.5 Ether, worth $106,200, from its wallet, sparking concerns about the security of AI agents in crypto. In a March 18 X post, “rxbt” — the maintainer of the bot called “aixbt,” which commentates on the market — said its core systems weren’t impacted, and the breach wasn’t the result of manipulating the AI. “We’ve migrated servers, swapped keys, paused dashboard access for security upgrades, and reported hacker addresses to…

Four.Meme resumes operations after $120K sandwich attack

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The BNB Chain-based memecoin launch platform Four.Meme has resumed operations after being hit with a sandwich attack that exploited it for around $120,000.   Four.Meme said in a March 18 X post that its launch function was back after inspecting and addressing a security issue. It had earlier suspended the function to investigate it, saying it was “under attack.” “The launch function has now been resumed after a thorough security inspection. Our team has addressed the issue and reinforced system security. Compensation for affected users is underway,” the Four.Meme team said. …

How the JFK files challenge the traditional ‘lone gunman’ narrative

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Key Takeaways Declassified JFK files challenge the lone gunman theory. CIA and FBI documents suggest a broader conspiracy in JFK’s assassination. Share this article The Trump administration released more than 1,100 declassified PDF files related to President John F. Kennedy’s assassination on the National Archives website today, revealing new details that complicate the traditional lone gunman narrative. What Is the Lone Gunman Theory? The “lone gunman” theory posits that Lee Harvey Oswald acted alone in assassinating President Kennedy, with no involvement from other conspirators or external agencies. However, the new…