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US Computer Expert Sentenced to 5 Years for Stealing Billions in Bitcoin, Plans to Fight Cybercrime After Release
US Computer Expert Sentenced to 5 Years for Stealing Billions in Bitcoin, Plans to Fight Cybercrime After ReleaseOn February 14, 2023, a US computer expert was sentenced to five years in prison for stealing billions of dollars in Bitcoin and, with the help of his wife, laundering a portion of the stolen funds over several years. The defendant in the case, Ilya Lichtenstein, is a Russian-born US citizen who works in business and cryptocurrency investments...
Blockchain 2024-11-15 14:56:40 -
State Grid Gansu Electric Power Applies for Patent on "Blockchain-Based Power Core Data Traceability System" to Build a Safe and Reliable Power Data System
State Grid Gansu Electric Power Applies for Patent on "Blockchain-Based Power Core Data Traceability System" to Build a Safe and Reliable Power Data SystemFinancial World, November 15, 2024 - According to information from the State Intellectual Property Office, State Grid Gansu Electric Power Company has applied for a patent titled "A Blockchain-Based Power Core Data Traceability System", with a publication number of CN118944957A, and an application date of August 2024.This patent aims to address the existing problems of complex traceability paths, data privacy tampering, and leakage in current power data traceability methods...
Blockchain 2024-11-15 13:59:08 -
State Grid Gansu Electric Power Applies for Patent for "Blockchain-Based Power Core Data Provenance System" Aiming to Enhance Data Security and Processing Efficiency
State Grid Gansu Electric Power Applies for Patent for "Blockchain-Based Power Core Data Provenance System" Aiming to Enhance Data Security and Processing EfficiencyInformation from the State Intellectual Property Office reveals that State Grid Gansu Electric Power Information and Communication Company and State Grid Gansu Electric Power Company filed a patent application in July 2024 for a "Blockchain-Based Power Core Data Provenance System," with publication number CN118944922A. This patent aims to address the security and efficiency issues in the management of safety data at power sites by utilizing blockchain technology to build a complete power core data provenance system...
Blockchain 2024-11-15 13:57:30 -
Shenzhen Yunxi Valley Technology Applies for Patent on "Embedded Product Test Data Management Method and System" to Enhance Blockchain Storage Efficiency
Shenzhen Yunxi Valley Technology Applies for Patent on "Embedded Product Test Data Management Method and System" to Enhance Blockchain Storage EfficiencyFinancial World, November 15, 2024 - The National Intellectual Property Administration (CNIPA) information shows that Shenzhen Yunxi Valley Technology Co., Ltd...
Blockchain 2024-11-15 13:45:50 -
Shanghai Wanxiang Blockchain Applies for Patent on "Trustworthy Data Witnessing Method and System based on Three-Party TLS"
Shanghai Wanxiang Blockchain Applies for Patent on "Trustworthy Data Witnessing Method and System based on Three-Party TLS"Financial World, November 15, 2024 - According to information released by the State Intellectual Property Office, Shanghai Wanxiang Blockchain Co., Ltd...
Blockchain 2024-11-15 13:43:32 -
Trump Ally Proposes Selling Gold to Buy Bitcoin, Could the US Build a Crypto Reserve?
Trump Ally Proposes Selling Gold to Buy Bitcoin, Could the US Build a Crypto Reserve?Republican Senator Cynthia Lummis from Wyoming plans to push a proposal named the BITCOIN Act in the next Congress, which would require the US government to purchase 1 million Bitcoins, representing nearly 5% of the cryptocurrency's circulating supply. This proposal has sparked widespread discussion, becoming a prominent issue in American politics...
Blockchain 2024-11-15 13:21:52 -
Xujie Software Files Patent for "Method for Generating Smart Contracts in Power Trading," Pushing Virtual Power Plant Development
Xujie Software Files Patent for "Method for Generating Smart Contracts in Power Trading," Pushing Virtual Power Plant DevelopmentFinancial World, November 15, 2024. The National Intellectual Property Administration of China (CNIPA) reveals that Xuchang Xujie Software Technology Co...
Blockchain 2024-11-15 12:07:11 -
The Lummis Proposal: Selling Fed Gold to Buy a Million Bitcoins
The Lummis Proposal: Selling Fed Gold to Buy a Million BitcoinsSenator Cynthia Lummis, a Republican from Wyoming, plans to introduce a bill in the next Congress that would sell a portion of the Federal Reserve's gold reserves to create a strategic Bitcoin reserve. The legislation would require the US to purchase 1 million Bitcoin, representing nearly 5% of the outstanding coins...
Blockchain 2024-11-15 11:47:12 -
US Senator Proposes Selling Fed Gold to Fund Trumps Bitcoin Strategy Reserve
US Senator Proposes Selling Fed Gold to Fund Trumps Bitcoin Strategy ReserveOn November 15th, a Senate ally of US President-elect Donald Trump proposed a plan to fund the presidents proposed Bitcoin strategic reserve without increasing the government deficit. Republican Senator Cynthia Lummis of Wyoming plans to introduce the bill in the next Congress, which would require the US to purchase 1 million Bitcoins, representing nearly 5% of the circulating coins...
Blockchain 2024-11-15 11:12:56 -
Nubia Z70 Ultra Officially Announced: Launching on November 21st, Featuring a Hole-less Full-Screen Display and the Nebula AIOS System to Usher in a New Wave of Technology
Nubia Z70 Ultra Officially Announced: Launching on November 21st, Featuring a Hole-less Full-Screen Display and the Nebula AIOS System to Usher in a New Wave of TechnologyNubia officially announced on November 14th that its newest flagship model, the Z70 Ultra, will be officially launched on November 21st, 2024 at 2 PM. As Nubia's most anticipated product of the year, the Z70 Ultra will lead the mobile industry into a new era of technology with its groundbreaking hole-less full-screen design, powerful hardware configuration, and the first-ever Nebula AIOS system...
Mobile Internet 2024-11-15 10:35:56 -
US Senator Proposes Selling Gold Reserves for 1 Million Bitcoin, Sparking Market Debate
US Senator Proposes Selling Gold Reserves for 1 Million Bitcoin, Sparking Market DebateCynthia Lummis, a Republican Senator from Wyoming and an ally of President-elect Donald Trump in the US Senate, is proposing a bold plan: selling a portion of the Federal Reserve's gold reserves and using the proceeds to purchase 1 million Bitcoin. This proposal is aimed at fulfilling Trump's proposed strategy of establishing a Bitcoin strategic reserve...
Blockchain 2024-11-15 10:12:20 -
Tesla CEO Elon Musk Forms "Department of Government Efficiency": Seeking "Revolutionaries" to Cut Budget, No Pay!
Tesla CEO Elon Musk Forms "Department of Government Efficiency": Seeking "Revolutionaries" to Cut Budget, No Pay!Tesla CEO Elon Musk announced on Thursday the formation of an advisory committee called "Department of Government Efficiency" (DOGE) aimed at providing recommendations for cutting the federal budget. Co-led by Musk and Republican presidential candidate Vivek Ramaswamy, the committee has pledged to recruit "revolutionaries" to tackle this "monumental task...
Industry dynamics 2024-11-15 07:50:17
