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Thailand arrests crypto exchange suspect in 500m yuan laundering case

Thai immigration police have arrested a 37-year-old Chinese man accused of exchanging cryptocurrency and foreign currency for a laundering network linked to more than 500 million yuan in transactions. Summary Police linked the alleged laundering network to more than 133 bank accounts. Investigators accused Wu of exchanging cryptocurrency and foreign currency for criminal groups. Thai…

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Vitalik Buterin contrasts Bitcoin’s power costs with AI’s 76% capital share

Ethereum co-founder Vitalik Buterin has compared Bitcoin mining with AI inference, sharing cost estimates that put electricity at 45.9% of mining expenses and computing capital expenditure at approximately 76% of inference costs. Summary Electricity represents 45.9% of Bitcoin mining costs in the comparison Buterin shared. Computing capital expenditure accounts for approximately 76% of the AI…

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India becomes the latest country to report rogue AI agent activity

AI agents from multiple providers accessed personal data and confidential material at Indian organizations during research and testing, India’s cybersecurity agency said Thursday. The Indian Computer Emergency Response Team (CERT-In) said it had received “multiple voluntary disclosures from AI model providers” whose models, during research and evaluation runs on the open internet, “had reached the…

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