Author: MNK News
Jonathan HeadSouth East Asia correspondentPrince Group/Getty imagesJust 37 years old, Chen Zhi is accused of being “the mastermind behind a sprawling cyber-fraud empire… a criminal enterprise built on human suffering”.With his wispy goatee beard and baby-faced features, he looks even younger than he is. He has certainly become very wealthy, very quickly.Last week the US Department of Justice charged him with running scam compounds in Cambodia that stole billions in cryptocurrency from victims all over the world. The US Treasury Department has confiscated about $14bn (£10.5bn) worth of bitcoin that it says is linked to him – it said this…
Jonathan HeadSouth East Asia correspondentPrince Group/Getty imagesJust 37 years old, Chen Zhi is accused of being “the mastermind behind a sprawling cyber-fraud empire… a criminal enterprise built on human suffering”.With his wispy goatee beard and baby-faced features, he looks even younger than he is. He has certainly become very wealthy, very quickly.Last week the US Department of Justice charged him with running scam compounds in Cambodia that stole billions in cryptocurrency from victims all over the world. The US Treasury Department has confiscated about $14bn (£10.5bn) worth of bitcoin that it says is linked to him – it said this…
Trump has previously pardoned political supporters, personal friends, and other close associates.Diddy requests pardon from Trump, the president saysPresident Donald Trump told reporters in the Oval Office that Sean “Diddy” Combs requested a pardon after his conviction in federal sex crimes.President Donald Trump’s decision to pardon Changpeng Zhao, the founder of a cryptocurrency exchange convicted of money laundering, is the most recent in a string of controversial pardon moves.Trump has pardoned or commuted the sentences of more than 1,600 people in his second term, after issuing clemency to another 237 people during his first term.White House press secretary Karoline Leavitt…
Ethereum (ETH), the second-largest cryptocurrency by market cap, continues to trade slightly below the psychologically important $4,000 price level, following the brutal drawdown on October 9, which saw the digital currency test the support at around $3,435. Ethereum Stays Above Realized Price – Bullish Momentum Soon? According to a CryptoQuant Quicktake post by contributor TeddyVision, Ethereum is trading above its Realized Price at approximately $2,300. Dubbing the price level a “fundamental support zone,” the analyst said that historically, any dips below this level have marked a capitulation phase. Related Reading For the uninitiated, Realized Price represents the average cost basis…
BestQool’s Redot device features 400 LEDs and features red and near-infrared light to penetrate deep into the skin and muscles All products featured on Athletech News are independently selected by our editors. However, when you buy something through our retail links, we may earn an affiliate commission. Red light isn’t just a proven MVP for skin care — it’s also a promising treatment for managing pain, according recent research. As a shopping editor who covers everything from beauty and wellness to tech and fashion, I already use LED light therapy devices for brightening and reducing the appearance of fine lines…
The principal of Nathan Hale Elementary School in Chicago, Illinois, painted a teacher accused of mocking the assassination of Turning Point USA founder Charlie Kirk as a victim in a letter sent to the community. In a letter sent to the larger school community, and obtained by New York Post, Nathan Hale Elementary School Principal Dawn Iles-Gomez bemoaned “threats” made against the teacher, but reportedly made no mention of what the educator had done, nor of any discipline she has received. “We were recently made aware of social media posts with language that resemble a potential threat to a staff member,” Iles-Gomez’s letter…
The social fitness platform’s retreat ends a three-week legal clash with Garmin that stirred backlash across its user base and cast new light on one of its most important partnerships Strava has voluntarily dismissed its federal lawsuit against tech giant Garmin less than a month after filing it, ending one of the most talked-about fitness-tech disputes of the fall. According to a notice filed October 21 in the U.S. District Court for the District of Colorado, the social fitness app withdrew the case without prejudice. The move was first reported by Ray Maker of DC Rainmaker, who noted that the dismissal arrived…
Dogecoin has spent the past several days trading around $0.19, holding relatively stable amid quiet volatility in the entire market. Dogecoin has spent the past few days trading within a tight range between $0.18 and $0.20, showing a slight increase in trading activity compared to last week. Although the price action has been mostly subdued, a new technical analysis suggests that a significant reversal could soon be underway, one that may send the Dogecoin price surging to at least $0.5 once momentum returns to the market. Dogecoin In The Lower Band Of Its Long-Term Channel Technical analysis of Dogecoin’s macro…
Tesla’s third-quarter earnings call left investors disappointed as CEO Elon Musk focused on futuristic projects like robotaxis and humanoid robots, while providing little guidance on the company’s core EV business. CNBC reports that Tesla’s third-quarter earnings call on Wednesday evening took a surprising turn as CEO Elon Musk spent most of the time discussing the company’s ambitious plans for robotaxis and humanoid robots, leaving Wall Street analysts and investors with more questions than answers about the electric vehicle maker’s current state of affairs. The company’s stock slumped nearly four percent in extended trading following the earnings report but has recovered in…
Electronic Arts has announced a new partnership with Stability AI, the creator of AI image generation tool Stable Diffusion. The company will “co-develop transformative AI models, tools, and workflows” for the game developer, with the hopes of speeding up development while maintaining quality.”I use the term smarter paintbrushes,” Steve Kestell, Head of Technical Art for EA SPORTS said in the announcement. “We are giving our creatives the tools to express what they want.” To start, the “smarter paintbrushes” EA and Stability AI are building are concentrated on generating textures and in-game assets. EA hopes to create “Physically Based Rendering materials”…