Author: MNK News

A federal jury is set to hear opening statements in Manhattan on Tuesday in the fraud and conspiracy trial of two MIT-educated brothers accused in a lightning-fast, $25 million cryptocurrency heist.The defendants — Anton Peraire-Bueno, 25, of Boston, and James Peraire-Bueno, 29, of New York City — will face a jury of their peers in the complicated case, at least in terms of education.The daylong jury selection on Monday resulted in a seven-woman, five-man panel consisting entirely of individuals with college degrees.Half of the jurors hold master’s degrees, including in finance, the sciences, medicine, and education.The jurors, almost all of…

X has long been a hotbed for fake accounts, bots and other scammy behavior. Many of those dynamics have been exacerbated by the rise of paid verification, which boosts the visibility of anyone who pays for a subscription. Now, the company is running a small experiment that could help users better identify potentially suspicious accounts.The service is starting to test a new “about this account” feature that will provide details about when an account joined the platform, where the person running it is based, how many times the username has been changed and how the account is connected to X.…

WellTheory’s personalized autoimmune care platform has experienced 10x year-over-year member growth and 5x revenue growth in the past year WellTheory has raised $14 million in Series A funding, reaching $26.2 million in total capital for its personalized autoimmune care platform. The company will put the investment toward commercial growth, AI development and expanding its program offerings. The funding round was led by investment firm General Catalyst, with additional support from investors including 7wire Ventures, Ingeborg Investments, Accel, Box Group, Leaps by Bayer and Up2 Opportunity Fund. Autoimmune care is proving to be an increasingly profitable market, valued at over $160…

WASHINGTON (AP) — Argentina’s libertarian leader is lavishing praise on Donald Trump ahead of his first White House meeting with the U.S. president on Tuesday. It’s a tactic that has helped transform President Javier Milei ’s cash-strapped country into one of the Trump administration’s closest allies.The effusive declarations are nothing new for Milei — whose dramatic cuts to state spending and attacks on “woke leftists” have won him a following among U.S. conservatives.“Your commitment to life, freedom and peace has restored hope to the world,” Milei wrote on social media Monday, congratulating the U.S. president on securing a ceasefire deal…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ostium Labs’ Market Outlook #55 argues that Bitcoin’s higher-timeframe bull structure survived last week’s volatility and now points “back to the highs,” provided spot holds above $107,000. “Whilst we trade above $107k, I think the next move is back to the highs, with $112k likely to…

The government has seized $15 billion in bitcoin from an alleged cryptocurrency fraud kingpin accused of running forced labor camps in Cambodia, where prisoners were forced to run “pig-butchering” scams on victims around the world. Federal prosecutors in Brooklyn announced the seizure Tuesday, along with an indictment against the scheme’s alleged leader, Chen Zhi, or “Vincent,” the founder and chairman of the Prince Holding Group in Cambodia. Zhi, 37, who remains at large, is charged with wire fraud conspiracy and money laundering conspiracy. Chen and his co-conspirators used their ill-gotten gains to buy yachts, jets, and a Picasso painting from…

A recent software update to the Jeep Wrangler 4xE plug-in hybrid has reportedly caused major malfunctions, leaving many owners stranded and some in potentially dangerous situations after their vehicles were “bricked” by the botched upgrade. The Stack reports that on Friday, Stellantis released an over-the-air (OTA) software update for the uconnect system, which is installed in various Jeep Wrangler 4xE — the company’s plug-in hybrid model. However, the update contained bugs that caused vehicles to malfunction or become “bricked” if owners installed it. Bricking is technology slang for a device rendered completely useless by an upgrade or software change. The…

The Finnish company’s new $900 million funding round comes as the smart ring market booms, and as the U.S. government champions wearables as part of its preventive health agenda Oura just sent a clear signal to the entire wearable industry: health data and prevention are big business. The smart ring maker has raised more than $900 million in new funding led by Fidelity Management & Research Company, with new investor backing from Iconiq, Whale Rock and Atreides. The new round values Oura at roughly $11 billion, solidifying earlier speculation about the company’s mega-valuation. Since launching in 2015, the company has…

Spotify has introduced a new “managed accounts” feature aimed at younger listeners. Initially piloted last year and launching in seven new markets, including the US, today, it allows parents and guardians with a Spotify Premium Family plan to allocate their children a dedicated profile with their own personalized recommendations and custom playlists.The idea is that the adults can filter out explicit content, limit the playback of certain artists and hide video playback features, including Canvas, should they want to. Users on this profile can’t use interactivity features like Messages either.Perhaps most importantly of all for some, a managed account also…

Digital-asset markets have briefly rebounded to pare losses on Monday, but most major tokens have now resumed their descent[MUMBAI] Cryptocurrencies continued to lose ground after a historic round of liquidations that triggered a sharp sell-off over the weekend, as trade tensions weighed on risk assets.Bitcoin, the largest digital asset, fell as much as 5 per cent to just below US$110,000 on Tuesday (Oct 14) in New York, while Ether dropped 9.3 per cent to below US$3,900. Smaller, more volatile tokens also slipped, dragging the combined market value of all cryptocurrencies down by more than US$150 billion over a 24-hour period,…