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Kypspr Eliminates Healthcare’s Data Tax to Recover Millions for Mid-Market Hospital Systems | Web3Wire

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Kypspr Eliminates Healthcare’s Data Tax to Recover Millions for Mid-Market Hospital Systems | Web3Wire


Beyond Connectivity: Accelerating Data Liquidity and Shortening the Trust Cycle with the Kypspr API Sandbox

MEMPHIS, TENNESSEE / ACCESS Newswire / March 9, 2026 / Kypspr, the universal interoperability fabric for healthcare, today announced a strategic expansion of its Semantic Refinery to solve the industry’s most expensive hidden problem: the Data Tax. For mid-market health systems, manual data reconciliation currently costs an estimated $15 per patient chart just to make legacy records compatible with modern billing and AI.

By providing an AI-native infrastructure layer, Kypspr transforms unstructured legacy data into high-fidelity Golden Records at the source. This allows hospitals to automate data integrity and ensure they meet federal 21st Century Cures Act mandates without the multi-billion-dollar IT budgets typical of national conglomerates.

“Connectivity without clarity is a liability,” said Ambar Prajapati, CEO and CTO of Kypspr. “Moving broken data just creates faster broken data. We aren’t just building pipes; we’re building the refinery. Our mission is to provide perfect, auditable translation-turning chaotic clinical data into high-fidelity assets that ensure federal compliance, recover margins, and eliminate the manual labor currently draining hospital resources.”

To address the industry’s “trust deficit,” Kypspr also announced that its platform is now Source-Available for Audit. Under a standard NDA, healthcare CISOs and security teams can inspect the engine’s code directly. This transparency, combined with Kypspr’s patent-protected “Federated Moat” architecture, ensures that Protected Health Information (PHI) never leaves the hospital’s secure environment.

By streamlining the onboarding process through its Compliant Enterprise Trial (API Sandbox), Kypspr is shortening the typical 18-month security review cycle. Technical teams can now test AI models against real-world data scenarios in weeks, not years, accelerating the transition to AI-ready healthcare.

Availability

Kypspr is currently engaging with select Design Partners and offering a Compliant Enterprise Trial (API Sandbox) for organizations ready to audit their data fidelity. Interested organizations can apply for the Design Partner Program by visiting Design Partner Program or contacting [email protected].

About Kypspr Based in Memphis, TN, Kypspr is the Universal Interoperability Fabric for Healthcare. Its Semantic Refinery transforms chaotic clinical data into high-fidelity Golden Records, allowing enterprises to embrace AI and data liquidity with absolute security and sovereignty.

Media Contact:

Ambar PrajapatiFounder and CEO, Kypspr[email protected]

SOURCE: Kypspr AI

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Smell Fraud? This Telegram App Was Built to Reward Whistleblowers – Decrypt

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Smell Fraud? This Telegram App Was Built to Reward Whistleblowers – Decrypt



In brief

AlphaTON Capital and the Midnight Foundation introduced Vera Report, an anonymous reporting app integrated with Telegram’s ecosystem.
The app leverages technology like zero-knowledge proofs to preserve information provided by would-be whistleblowers, among features like scrubbing metadata.
Vera Report draws on CEO Brittany Kaiser’s experiences as a whistleblower, including outreach from “hundreds of people” wanting to make an impact against fraud.

AlphaTON CEO Brittany Kaiser views the Telegram-focused tech firm’s latest contribution to the messaging platform’s ecosystem as deeply personal.

Since she blew the whistle on Cambridge Analytica’s internal practices in 2018, which involved the misuse of personal data and its role in influencing elections through psychological profiling, she told Decrypt that swaths of people have reached out yearning to follow in her footsteps.

“I’ve had hundreds of people reach out to me from all over the world to ask about how they go through this,” she said. “Certainly, it was not straightforward for me.”

Earlier this week, AlphaTON introduced a Telegram app called Vera Report alongside the Midnight Foundation, the organization stewarding a network oriented around privacy and data protection, a vision led by Cardano founder Charles Hoskinson.

Vera Report functions as an anonymous reporting platform, enabling would-be whistleblowers to submit data to government agencies and law firms willing to represent them in potential lawsuits. 

But that information can’t be accessed without the permission of the person who provided it. That’s due to Vera Report’s use of so-called confidential computing and zero-knowledge proofs, among other features like scrubbing metadata from documents, according to a press release.

“There are very many different privacy features on here to make sure that people can fully anonymously submit evidence,” Kaiser said. “We’ve actually open-sourced the data so that everybody can contribute on what they actually need to see in this, either for whistleblowers to feel more comfortable or for different government agencies to actually make use of it.”

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In September, the Nasdaq-listed firm rebranded from Portage Biotech, a clinical-stage immuno-oncology firm developing cancer treatments. The pivot entailed the creation of a Toncoin treasury, dedicated to the native currency of The Open Network, which was initially designed by Telegram founders Pavel and Nikolai Durov.

The Telegram app is partially a response to calls that the Trump administration has made, alongside figures like former DOGE head and tech CEO Elon Musk, for whistleblowers to step forward amid a push to identify government fraud, waste, and abuse.

“That seemed like a huge opportunity to create some privacy-centric technology tools so that more people from around the country would be able to do that safely,” Kaiser said.

Kaiser envisions it as a tool that different government departments and law enforcement agencies could actually integrate into their websites. Tips from whistleblowers have led to the detection of 43% of occupational fraud, dwarfing internal audits (14%) and management reviews (13%), according to a 2024 report from the Association of Certified Fraud Examiners.

As noted by Kaiser, whistleblowers typically receive a 15% to 30% cut of what is won out of lawsuits brought against companies committing fraud. If Vera’s users are eligible for a reward, then the app allows people to provide know-your-customer information for a payout.

“Obviously, that’s not an immediate process,” she added. “The result that they’re looking for […] is normally to solve the problem that they’re upset about.”

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NurseBee Launches Public Raise on Wefunder to Transform Healthcare Staffing | Web3Wire

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NurseBee Launches Public Raise on Wefunder to Transform Healthcare Staffing | Web3Wire


Dallas, TX, March 08, 2026 (GLOBE NEWSWIRE) — NurseBee, a modern healthcare staffing platform designed to stabilize an increasingly strained clinical workforce, today announced the launch of its public fundraising campaign on Wefunder. The offering enables nurses, healthcare leaders, and mission-aligned supporters to invest directly in a model built to meet one of the most urgent challenges in the U.S. healthcare system: chronic staffing shortages.

Across the country, both acute-care and long-term care facilities continue to experience ongoing workforce deficits. Recent industry reports show that 53 percent of healthcare facilities face persistent staffing shortages, while one in three nurses plans to leave bedside care in the coming years. These dual pressures have made it increasingly difficult for hospitals and care centers to maintain consistent coverage, protect the quality of care, and keep pace with patient demand.

NurseBee was created to provide a comprehensive solution to this systemic problem. The company’s platform is designed to offer higher pay and genuine scheduling flexibility for nurses, while delivering faster, more reliable staffing coverage for facilities. By addressing the needs of both sides of the labor equation simultaneously, NurseBee aims to strengthen continuity of care, reduce operational strain, and improve patient outcomes.

“The healthcare workforce is in a period of unprecedented stress, and traditional staffing models are no longer meeting the moment,” said the NurseBee leadership team. “Nurses deserve a more flexible, supportive structure, and facilities require dependable, high-quality clinical staff. NurseBee was built to bridge these gaps with a modern, technology-driven solution that elevates the entire ecosystem.”

Funds raised through the Wefunder campaign will support several strategic priorities, including expansion into high-need regions, enhancements to NurseBee’s technology infrastructure, and continued development of its quality-first workforce model. The investment will also accelerate the rollout of features that streamline credentialing, improve matching accuracy, and strengthen oversight to ensure safety, reliability, and strong clinical performance.

In addition to addressing immediate workforce shortages, NurseBee’s long-term goal is to build a sustainable, scalable staffing framework that supports nurses and healthcare organizations as market pressures continue to intensify. This includes reinforcing the value of clinical autonomy, improving working conditions, and ensuring that facilities have stable access to qualified personnel when and where they need it most.

“The future of healthcare will depend on innovative staffing solutions that prioritize both workforce well-being and operational stability,” the team added. “By opening this raise to the public, we’re inviting supporters to participate in building a stronger, more resilient healthcare system.”

NurseBee’s Wefunder campaign is now open to investors nationwide.

For more information or to participate in the raise, please visit the NurseBee Wefunder page.

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Pakistan’s Top 10 SEO Experts Who Actually Move the Needle | Web3Wire

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Pakistan’s Top 10 SEO Experts Who Actually Move the Needle | Web3Wire


As digital commerce continues reshaping Pakistan’s economy, a handful of optimization specialists stand out – not for hollow promises, but for genuinely moving businesses forward. Across e-commerce, B2B SaaS, fintech, and local service sectors, these ten professionals have built reputations on something rare: real, attributable results. Businesses searching for affordable, results-driven SEO packages Pakistan https://cloudexmarketing.com/seo-packages-pakistan/ has to offer will find that the best practitioners don’t sell cookie-cutter plans – they build strategies around actual market conditions and business goals. Their work is evaluated against hard evidence – historical ranking performance, direct revenue contribution, and the precision of their technical audits.

#1: Mujtaba Yousuf – Founder & CEO, Cloudex Marketing

Most Pakistani agencies operate on a simple model: collect monthly retainers, deliver reports, repeat. Mujtaba Yousuf built Cloudex Marketing to be the opposite of that. His entire philosophy centers on commercial outcomes – rankings that bring buyers, not just browsers.

How He Works

Mujtaba’s methodology is grounded in three principles: commercial intent comes first, technical quality is non-negotiable, and white-hat practices protect long-term gains. His strategies revolve around building topical authority, aligning content with how AI-driven search results surface information, and making sure clients always know exactly what’s happening and why.

What He’s Delivered

Within 180 days, clients typically see organic traffic triple. The engine behind that growth rests on four technical pillars: semantic content structure, AI-compatible optimization, schema markup, and keywords tied to purchase intent. Initial movement appears within two to three months, with compounding gains following as domain authority builds.

How Clients Describe Him

On Sortlist, he holds a 4.75 rating. On TechBehemoths, 4.9. Reviews consistently mention that he skips the jargon, sets honest timelines, and focuses conversations on business impact rather than vanity metrics.

What Makes Him Different

He turns away clients when he genuinely believes SEO won’t generate a positive return for them. He refuses to charge for work not done. When he takes a project, there are no excuses – just delivery. Clients regularly report outcomes as specific as five to ten qualified inquiries per day and top-three rankings on competitive commercial terms.

#2: Mehbob Shar – CEO & Founder, Icreativez Technologies

Mehbob Shar is the author of SEO without Off-Page, a title that captures his philosophy well. While most agencies in Pakistan treat link building as the centerpiece of every campaign, Mehbob builds rankings from the inside out – through technical rigor and content that earns authority on its own merit.

His E-Commerce Edge

Online retailers face distinct challenges: bloated product catalogs, faceted navigation that confuses crawlers, category pages that compete with each other, and product listings that never appear as rich snippets. Mehbob addresses each of these directly – optimizing page structure, implementing schema for visual search results, and fixing the technical gaps that cause shoppers to bounce before converting.

Depth Over Volume

He caps his active client list at ten businesses at any given time. That’s a deliberate choice. Fewer clients means more strategic bandwidth per account – the opposite of the spray-and-pray approach common among larger agencies managing dozens of accounts with cookie-cutter strategies.

Contributing to the Industry

Mehbob speaks at international events and publishes accessible material that helps Pakistani businesses understand optimization at a strategic level – not just the surface tactics that agencies repeat without explaining the logic behind them.

#3: Nazar Ali Rajper – International SEO Consultant

Nazar Ali Rajper operates at the intersection of deep technical knowledge and data-driven decision-making. His track record on Clutch reflects what his clients consistently say: he builds rankings that hold.

Technical Foundation

Core Web Vitals, mobile-first indexing, crawl budget management, structured data, site architecture – Nazar works through the full technical stack. Content and link-building efforts only perform when the underlying infrastructure is sound. His technical work creates the conditions for everything else to succeed.

Decisions Backed by Data

Nazar doesn’t operate on assumptions. Conversion tracking, behavioral analysis, ranking correlation studies, and competitive intelligence inform every strategic call. This approach removes guesswork and ensures that resources flow toward the highest-impact opportunities.

#4: M. Tanveer Nandla – Strategic SEO Consultant

Tanveer brings a panoramic view to SEO – one that accounts for technical health, content depth, and authority development simultaneously. His experience spans multiple industries, which has sharpened his ability to recognize when a generic approach will fall flat and a custom strategy is needed.

Full-Spectrum Consulting

A Tanveer engagement typically covers everything: technical audits that uncover ranking obstacles, keyword research targeting commercial searches, content planning that builds subject-matter authority, link acquisition from relevant sources, and ongoing performance monitoring. Nothing gets sacrificed in favor of overemphasizing a single tactic.

Clients Who Understand Their Investment

Tanveer explains his reasoning clearly. Clients leave conversations knowing not just what he’s doing, but why – and what it would mean to take a different path. That transparency produces better partnerships and better outcomes.

#5: Usman Latif – SEO & Digital Marketing Specialist

Usman approaches optimization as one lever within a larger marketing system. When channels are coordinated – SEO, paid search, social, content, and conversion – the whole performs better than the sum of its parts.

Connected Thinking

Organic visibility lifts paid performance by improving Quality Scores and reducing cost-per-click. Content optimized for search also circulates through social channels. Conversion improvements benefit every traffic source simultaneously. Usman keeps these connections front of mind when building strategy.

Outcomes as the Benchmark

His metrics aren’t traffic graphs – they’re qualified leads, acquisition costs, customer lifetime value, and revenue. Optimization is only as valuable as its measurable contribution to business growth.

#6: Salman Baig – Head of SEO, South Asia at Alibaba Group

Managing SEO across more than a million indexed pages, in multiple languages, across multiple jurisdictions – that’s Salman Baig’s current scope. His role heading Alibaba Group’s South Asia search operations puts him in a category few Pakistani SEO professionals can claim.

Enterprise-Grade Expertise

Salman works on challenges most practitioners never encounter: coordinating technical changes across large development teams, navigating multilingual and international SEO complexity, managing cross-department priorities, and optimizing site architectures at a scale where small inefficiencies become expensive problems.

Raising the Industry’s Floor

His speaking engagements and thought leadership bring enterprise-level thinking to a community that doesn’t always have access to it. By sharing what he’s learned at scale, he helps raise the quality ceiling for Pakistani SEO broadly.

Understanding the different types of SEO https://cloudexmarketing.com/types-of-seo/ technical, on-page, off-page, local, and international – is essential when evaluating which specialist fits your needs, since each expert below tends to excel in one or more of these distinct disciplines.

#7: Noushad Ranani – Creative SEO Strategist, Founder & CEO of Zera Creative

Not every SEO problem has a textbook answer. Noushad Ranani is the consultant to call when standard approaches run out of road. His work has been recognized across industry publications for strategies that find a way through when conventional tactics stall.

Creative Problem Solving as a Core Skill

Competitive markets demand differentiation. Technical constraints require inventive workarounds. Tight budgets force smart prioritization. Unusual business models need custom frameworks. Noushad builds solutions that fit the actual situation rather than forcing situations to fit the solutions he already has.

Staying Ahead of the Curve

He tests approaches before they’re mainstream, adapts global tactics for Pakistani market dynamics, and identifies gaps that competitors haven’t noticed yet. That kind of forward thinking creates durable advantages.

#8: Zohaib Manzoor – Technical SEO Specialist

Some ranking problems aren’t content problems or link problems – they’re engineering problems. JavaScript rendering failures, misconfigured hreflang tags, crawl budget waste, botched site migrations – these require a different kind of expertise. Zohaib Manzoor specializes in exactly these scenarios.

Technical Mastery at Depth

His toolkit includes progressive web app optimization, large-scale migration planning, advanced structured data implementation, and international SEO configuration. He understands not just what’s wrong, but why search engines are responding the way they are – and how to fix it correctly.

Execution Without Errors

Identifying a problem is only half the work. Zohaib’s value lies in implementing fixes cleanly, confirming they’ve resolved the issue, and avoiding the new problems that sloppy technical work introduces.

#9: Nazar Ali – Co-Founder, ZNWebPro

As an entrepreneur himself, Nazar Ali brings a business owner’s perspective to optimization strategy. He understands what it means to weigh resource constraints, evaluate opportunity costs, and make decisions with incomplete information under pressure.

Strategy That Fits Reality

Small and growth-stage businesses can’t execute a Fortune 500 SEO roadmap. Nazar builds plans that are ambitious but executable – calibrated to actual team capacity, realistic budgets, and the competitive position a business actually occupies rather than where it hopes to be.

Compounding Returns Over Time

His focus on sustainable optimization means avoiding shortcuts that require constant maintenance or collapse under algorithm updates. Well-built SEO compounds – authority and rankings built correctly continue paying dividends as a business scales.

#10: Muhammad Rameez Ul Haq – International SEO Trainer

Pakistan’s formal education system has no meaningful pathway into professional SEO. Muhammad Rameez Ul Haq has spent his career filling that gap. With over 500 professionals trained and international workshop experience behind him, he’s building the next generation of Pakistani SEO talent.

Structured Learning Where It Doesn’t Exist

His courses provide a disciplined path into the field – one that reflects current global standards rather than outdated practices or locally-specific techniques that don’t transfer to international markets.

Skills That Work on Day One

Rameez designs training around real projects and applied exercises. Graduates leave able to contribute immediately rather than spending months unlearning theoretical frameworks that don’t connect to actual client work.

Choosing the Right SEO Expert: A Practical Framework

Step 1: Get Clear on What You’re Actually Trying to Achieve

Are you after qualified leads? More online sales? Visibility in specific cities? Brand credibility? Clarity here makes it possible to evaluate whether an expert’s specialization actually matches your needs.

Step 2: Know Your Competitive Landscape

Look up who ranks for your target terms. Check their domain authority, content depth, and technical quality. Highly competitive markets demand specialists with a documented track record in difficult niches. Less competitive ones may not require the most expensive option.

Step 3: Ask for Evidence, Not Pitches

Any serious expert can show you case studies with specific numbers – traffic changes, revenue attributed to organic, ranking improvements over time. They can provide references. They have verified reviews on Clutch, Sortlist, or TechBehemoths. If a consultant hesitates to provide concrete proof, that tells you what you need to know.

Step 4: Listen to How They Explain Things

Do they ask detailed questions about your business before proposing anything?Or do they jump straight to package pitches? Good consultants customize. Watch for red flags: ranking guarantees, suspiciously low pricing, jargon-heavy explanations that obscure rather than clarify, and traffic metrics decoupled from business outcomes.

Step 5: Match Expertise to Your Specific Situation

An e-commerce platform needs someone fluent in product page optimization and faceted navigation. A local service business needs Google Business Profile depth. A B2B company needs content that builds thought leadership. An enterprise organization needs someone who has managed large-scale technical implementation. Hiring outside your actual need produces suboptimal results regardless of how talented the practitioner is in their own lane.

Step 6: Evaluate Transparency Before You Sign Anything

How someone communicates during a sales conversation predicts how they’ll communicate once you’re a client. Are timelines realistic? Are limitations acknowledged honestly? Are deliverables clearly defined? If the answer to any of these is no, walk away.

Step 7: Calculate Expected Return, Not Just Cost

Cheap SEO produces cheap results. The relevant question isn’t what something costs – it’s what return it generates. If a single new client acquired through organic search is worth Rs. 50,000 in profit, a Rs. 100,000 monthly investment makes sense. If it doesn’t, it doesn’t. Model the math before committing.

Closing Thought

Strategic SEO, executed by someone who genuinely understands both the technical requirements and the business context, creates advantages that accumulate over time and are difficult for competitors to replicate quickly. The ten specialists profiled here represent different dimensions of that expertise – from enterprise-scale technical management to creative problem-solving, from educational contribution to revenue-first execution. The right choice depends on where you are, what you’re competing against, and what outcomes you actually need.

United State

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This release was published on openPR.

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Inside the Quest at Colossus to Replace Visa and Mastercard With KYC-Less Crypto Cards – Decrypt

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Inside the Quest at Colossus to Replace Visa and Mastercard With KYC-Less Crypto Cards – Decrypt



In brief

Colossus is attempting to bypass Visa and Mastercard by building its own sovereign credit card rail using an Ethereum layer-2 network.
The company is leveraging its interpretation of the GENIUS Act to operate without the traditional KYC or AML requirements.
The startup’s launch follows the total collapse of UnCash, which was shut down by a “corporate guillotine.”

Joseph Delong’s desk looks less like a developer’s workstation these days and more like an electronics repair shop, littered with technology that crypto was pioneered to replace.

That’s because the veteran Ethereum developer and former SushiSwap CTO has accumulated what he describes as a “box of goodies” while building a stablecoin credit card network called Colossus—from point-of-sale test terminals to card readers and manufacturer sample books.

“Trying to get my hands on the hardware, it’s like this arcane knowledge that nobody could get access to,” Delong told Decrypt from his home office in San Antonio, Texas.

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Consisting of four employees, the company expects its Ethereum layer-2 scaling network to debut in March, and it’s designed in a way that replaces traditional bank settlement with a sovereign credit card rail that treats users’ account addresses as their sole identity.

Colossus has raised $500,000 in pre-seed funding, according to documents shared with Decrypt. Those investments valued the startup at $10 million, Delong said.

In theory, Colossus will enable users to “burn their cards from their home,” but Delong acknowledged that building a service enabling anyone to pay for things with crypto while circumventing incumbents like Mastercard and Visa has been no easy task. And those efforts may present unforeseen hurdles.

Part of that has to do with disrupting longstanding relationships between businesses involved in the settlement process behind incumbent credit card networks, which weren’t built on the cypherpunk principles that Delong is committed to imbuing Colossus with.

“Many of these entities don’t see this as a problem because they’ve established this relatively high-quality trust relationship over time,” he said. “They’re able to settle in between all these different banks on either promises or a little bit of collateral.”

In a traditional swipe, what’s known as an issuing bank serves as the primary gatekeeper, approving transactions after verifying balances and identities in line with know-your-customer (KYC) and anti-money laundering (AML) requirements.

Issuers fit into a chain of middlemen, which includes member associations like Mastercard and Visa that set their networks’ rules, processors that handle the technical messaging, and acquirers that manage relationships with merchants, such as Worldpay and Fiserv.

Colossus is designed to collapse this entire stack by vertically integrating the issuer, processor, and settlement network. Instead of needing a bank to approve the movement of deposits, the firm’s layer-2 network uses cryptographic signatures to instantly trigger stablecoin transfers. In theory, that means a reduction in overall fees.

The arrangement preserves the role that acquirers fulfill for merchants, serving as the critical distribution mechanism for point-of-sale terminals already sitting in millions of stores. They effectively act as a bridge for Colossus, liquidating on-chain stablecoin transfers into the traditional wire transfers that businesses rely on to pay expenses.

“I don’t know who convinced all these crypto people that merchants want stablecoins,” Delong said. “They generally want something that they can pay their suppliers with.”

Not your keys, not your card

Although merchants may not find much use in holding stablecoins now, the firm is using them in a relatively novel way—collecting as little information about its customers as possible. 

When it comes to the company’s interpretation of a regulatory framework for stablecoins signed in federal law last year, Colossus has determined that the GENIUS Act does not require it to adhere to compliance protocols designed to prevent financial crimes by obtaining personal information like issuers do, nor attain money transmitter licenses across states.

Delong said its network’s sequencer, which orders and batches transactions before sending them to the Ethereum network, may have certain design features to comply with sanctions issued by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC).

That would essentially filter transactions through a centralized door, without baking banking rules into the underlying code of Colossus’ network.

Several startups have tried to establish KYC-less, crypto-linked cards before. But those relying on networks from payment incumbents have historically struggled to gain long-term traction, including UnCash, which announced its shutdown abruptly last month.

In a since-deleted announcement, UnCash pointed the finger at Mastercard. An abrupt termination by its card issuers amounted to a “clean, corporate guillotine,” the firm said.

UnCash noted that 90% of its cards ran on Mastercard’s network. The firm was reportedly among those leveraging a common “loophole,” issuing thousands of cards for purported employees under a single business identity, per Fintech Business Weekly.

Most crypto-linked cards are established through partnerships with Mastercard or Visa. While Delong is trying to cut that duopoly out of the loop alongside issuers, he still respects firms like Coinbase and Gemini are taking “a relatively easy road” to build momentum quickly.

“What we’re doing is a little bit more quixotic initially, but it has long-term benefits,” he said. “The idea that you have to KYC or AML for a credit card is a little silly, I think.”

Even so, such products are becoming increasingly popular. Crypto-linked cards facilitated $1.5 billion in stablecoin volume last August, doubling from a year prior, according to a report published by crypto analytics firm Artemis earlier this year.

The report found that firms in Latin America, EMEA, and Southeast Asia were pronounced in using crypto-linked cards as a way to “target populations facing acute financial frictions,” including inflationary local currencies and capital controls.

In the U.S., some lawmakers vocalized concerns that the GENIUS Act did not sufficiently address illicit finance concerns before its passage. Delong described Colossus as a company that could make crypto feel a bit more like cash, while also enabling people to fully live on-chain.

Delong’s motivation for building Colossus is also somewhat personal. He cast off bank accounts as a place to store value years ago, but still liquidates stablecoins regularly to cover bills.

“I really want to make an impact,” he said. “I think this is the last rail that will give us full liberty.”

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Nigel Farage Confidant Linked to $550K Loss On Iran Strike Polymarket Bet: Report – Decrypt

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Nigel Farage Confidant Linked to 0K Loss On Iran Strike Polymarket Bet: Report – Decrypt



In brief

An account bearing George Cottrell’s name appeared to lose $550k on an Iran strike bet.
An additional $125k loss was tied to a wager on Keir Starmer leaving office.
Polymarket is not licensed to operate in the UK.

An account on the prediction market Polymarket that appears to bear the name and birth year of British financier and Nigel Farage confidant George Cottrell lost more than $550,000 on bets about whether the U.S. would bomb Iran.

The “GCottrell93” account wagered roughly $550,000 on the outcome “No” to the question “US strikes Iran by February 28, 2026?” according to Polymarket data first cited by UK newspaper The Daily Telegraph. The position was wiped out after the United States struck Iran on February 28. Prior to this, the account won multiple bets against the strikes before other dates in February.

The same account also appears to have lost around $125,000 on a bet that Prime Minister Keir Starmer would be out of office by February 28. It has garnered almost $3.5 million in profits, the bulk of that coming from a bet on Trump winning the 2024 election.

Blockchain investigator ZachXBT has previously expressed “high confidence” that the account belongs to Cottrell, a longtime associate of Reform UK leader Farage who has helped raise millions of pounds for his political movements, including Ukip and the Brexit Party. In 2025 his mother, aristocrat Fiona Cottrell, emerged as one of Reform UK’s largest donors.

Cottrell has a long history with high‑stakes betting and finance. Court filings in the UK previously named him as part of a professional betting syndicate linked to Brighton and Hove Albion owner Tony Bloom. The syndicate, tied to the analytics firm Starlizard, reportedly generated hundreds of millions of dollars in winnings, with Cottrell said to have earned substantial sums by copying its bets.

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Cottrell was arrested in 2016 while attending the Republican National Convention in Chicago alongside Farage. U.S. prosecutors charged him with conspiracy to commit money laundering, wire fraud, blackmail and extortion after meetings with undercover federal agents in Las Vegas. Following a plea agreement, he pleaded guilty to a single count of wire fraud and served eight months in prison.

Last month, he published a book entitled “How To Launder Money: A guide for law enforcement, prosecutors and policymakers,” whose launch was attended by Farage and senior Reform UK figures.

In a statement emailed to Decrypt, a Reform UK spokesperson said that “George Cottrell is not employed by the party so you are best approaching him for comment.” Decrypt has attempted to contact Cottrell via his company, Geostrategy. 

Reform UK and crypto

Reform UK has taken an explicitly pro‑cryptocurrency stance and became the first major British political party to accept crypto donations in June 2025. The policy has drawn criticism from lawmakers and transparency campaigners who warn that cryptocurrency donations could enable money laundering or foreign interference in British elections.

This week former Labour minister Rushanara Ali called for a ban on crypto political donations, describing them as a potential vector for “foreign interference in our democracy.” Seven parliamentary committee chairs also wrote to the prime minister earlier this year urging an explicit prohibition on cryptocurrency donations.

Campaign groups have raised similar concerns. The UK Anti‑Corruption Coalition and Spotlight on Corruption argue that the Electoral Commission lacks the powers necessary to properly monitor the origin of crypto donations.

Despite publicly saying it accepts it, donating online to Reform UK using crypto doesn’t seem to work. Decrypt tried to access the party’s crypto donations page online on multiple browsers and was directed to a blank page each time.

Prediction markets under scrutiny

Cottrell’s bets also come at a time of increased scrutiny of prediction markets. Polymarket is not licensed to operate in the UK and limits services to UK-based users. The Gambling Commission told Decrypt it “does not comment on individual businesses” but pointed to its register of licensed operators, which does not include Polymarket.

In guidance published last month, the regulator said prediction market platforms would likely fall under the legal definition of a “betting intermediary” in the UK, similar to a betting exchange, and would require the appropriate gambling licence to operate legally.

Despite arguments by some platforms that prediction markets are distinct from gambling, regulators around the world have taken an increasingly hard line. Companies in the sector face legal or regulatory challenges in numerous jurisdictions including  France, Germany, Italy, Australia, Singapore, Portugal, Hungary, Thailand and the Netherlands.

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Foiwe Info Global Solutions Expands Trust & Safety and Content Moderation Services for Global Digital Platforms | Web3Wire

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Foiwe Info Global Solutions Expands Trust & Safety and Content Moderation Services for Global Digital Platforms | Web3Wire


Bangalore, India – As digital platforms continue to scale rapidly, the challenge of maintaining safe and trusted online environments has become more critical than ever. Foiwe Info Global Solutions, a global provider of Trust & Safety, AI-powered content moderation, and digital risk management services, is strengthening its capabilities to help platforms detect, review, and manage harmful user-generated content at scale.

With the rise of social media platforms, gaming ecosystems, marketplaces, and online communities, businesses face increasing pressure to monitor content effectively while maintaining compliance with global policies and regulations. Foiwe addresses this challenge by combining AI-driven moderation technology with expert human review teams, creating a scalable hybrid moderation infrastructure.

Supporting Safer Digital Ecosystems

Foiwe delivers end-to-end Trust & Safety solutions designed for platforms handling large volumes of user-generated content. The company’s services help organizations identify and remove harmful material including:

Toxic and abusive content

Hate speech and harassment

Misinformation and harmful narratives

Graphic or violent imagery

Fraudulent and spam activities

By integrating advanced artificial intelligence with human moderation expertise, Foiwe ensures high-accuracy decision making while maintaining operational efficiency.

AI + Human Moderation Model

The company’s moderation framework is built on a hybrid intelligence model, where AI performs rapid detection and prioritization while trained human moderators handle nuanced policy decisions. This approach allows platforms to:

Scale moderation efforts efficiently

Reduce response times for harmful content

Improve policy enforcement accuracy

Maintain user trust and platform safety

Foiwe’s moderation capabilities extend across text, image, video, and live streaming content, helping businesses manage content risks across multiple formats.

Serving Global Platforms

Foiwe supports organizations across industries including:

Social media networks

Gaming platforms

Online marketplaces

Community forums

Digital media companies

Through its global delivery model, the company enables platforms to maintain safe digital communities while focusing on growth and user engagement.

Commitment to Digital Trust

As online communities continue to expand, trust and safety infrastructure is becoming a fundamental requirement for modern digital platforms. Foiwe is committed to helping organizations build secure ecosystems through scalable moderation solutions and advanced AI technologies.

By investing in innovation and policy-driven moderation systems, Foiwe aims to become a trusted partner for companies seeking to create safer online environments worldwide.

BTM Layout, Bengaluru, Karnataka, India

Foiwe Info Global Solutions is a technology and services company specializing in Trust & Safety operations, AI-powered content moderation, data annotation, and digital platform support services. The company works with global digital platforms to manage user-generated content, enforce community standards, and reduce online risks through a combination of artificial intelligence and expert human moderation teams.

This release was published on openPR.

About Web3Wire Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming. Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.



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Vancouver Moves to Close Bitcoin Reserve Proposal After Legal Review – Decrypt

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Vancouver Moves to Close Bitcoin Reserve Proposal After Legal Review – Decrypt



In brief

City staff have concluded the Vancouver Charter does not allow Bitcoin in city reserves.
The motion followed a late 2024 decree by Mayor Ken Sim to study crypto use.
Municipal finance rules keep assets like Bitcoin outside treasuries, Decrypt was told.

Vancouver staff have recommended closing a council motion that explored whether the city could become “Bitcoin-friendly,” after determining that its rules don’t allow the crypto to be held as a municipal reserve asset.

The recommendation appears in a report to the council reviewing outstanding member motions, where staff said they had “conclusively determined” that Bitcoin is not “an allowable investment asset,” recommending the motion be closed as part of a broader reprioritization of staff resources and efforts.

Staff cited the Vancouver Charter, the provincial law that governs how the city operates, including how municipal funds can be invested, which does not permit the city to hold Bitcoin as a reserve asset, limiting Vancouver’s ability to pursue the proposal.

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The motion’s sole opponent on council, Pete Fry, told local media he assumed the proposal had already been shelved and was surprised to see it referenced in the report.

“I already thought it was dead in the water,” he said. “It was probably good closure to have it mentioned in here, but I don’t even know that it was entirely necessary.”

The recommendation comes more than a year after Vancouver council initially backed a motion from Mayor Ken Sim directing staff to study whether the city could become a “Bitcoin-friendly city.”

At the time, the proposal asked officials to examine accepting taxes and fees in crypto, and the possibility of converting part of the city’s financial reserves into Bitcoin.

But the proposal had faced legal limits right off the start.

The British Columbia Ministry of Municipal Affairs said at the time that municipalities cannot hold financial reserves in crypto under provincial rules, adding in a statement that the intent of the legislation “is that local government funds are not exposed to undue risk.”

“The legal and treasury-related barriers were reportedly already understood from the outset, so the decision to end the process does not come as a real surprise” Kevin Lee, chief business officer at crypto exchange Gate, told Decrypt.

In Vancouver’s case, the initial prospects “appeared to reflect Mayor Ken Sim’s personal pro-Bitcoin vision as much as a practical municipal finance initiative,” Lee added.

Back then, Mayor Ken Sim defended the proposal, saying Bitcoin had been the top-performing asset “over the past 16 years,” arguing it should at least be considered as part of a diversified portfolio.

Decrypt has reached out to the mayor’s office for comment.

Constraints and upsides

The outcome also reflects limitations in how municipalities operate financially.

“Demand for Bitcoin isn’t the constraint, public balance sheet mandates are,” Dominick John, analyst at quantitative research firm Zeus Research, told Decrypt.

Municipal treasuries are “structured for capital preservation, which keeps assets like Bitcoin outside the reserve toolkit,” he said. “Until legislation, accounting treatment, and custody frameworks evolve, cities like Vancouver will remain stuck at the study.”

When asked whether this could set a precedent for other cities, John said it’s likely the same idea would be explored elsewhere, though most proposals “will die at feasibility.”

This could happen “only if local leaders believe there is political, branding, or ideological value in being seen as pro-crypto or pro-innovation,” Gate’s Lee said.

That value, as in Vancouver’s case, is not guaranteed, he said. “Once the political upside is weak, most of these initiatives are likely to stall at the feasibility stage.”

Still, crypto remains used far more as an investment than for payments, Gate’s Lee explained.

“Government payment options usually follow private sector behavior rather than lead it,” he noted. “If crypto becomes widely used for everyday payments across retail, e-commerce, and services, then accepting it for taxes or municipal fees will be the natural extension.”

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Fog Computing Market Size, Trends, Share, Analysis, Growth and Forecast 2032 | Credence Research | Web3Wire

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Fog Computing Market Size, Trends, Share, Analysis, Growth and Forecast 2032 | Credence Research | Web3Wire


The Fog Computing Market has emerged as one of the fastest-growing segments within the broader edge computing and distributed computing ecosystem. Fog computing extends cloud capabilities closer to the source of data generation by enabling processing, storage, and networking at the edge of the network. This architecture significantly reduces latency, improves data processing efficiency, and supports real-time analytics across multiple industries.

According to recent market insights, the Fog Computing Market size was valued at USD 325.3 million in 2024 and is anticipated to reach USD 8,607.63 million by 2032, expanding at an impressive CAGR of 50.6% during the forecast period. This remarkable growth trajectory is largely driven by the proliferation of Internet of Things (IoT) devices, the growing demand for low-latency computing, and the rapid expansion of smart infrastructure worldwide.

Fog computing is increasingly becoming an essential component in digital transformation initiatives across sectors such as manufacturing, healthcare, transportation, and smart cities. By bridging the gap between cloud computing and edge devices, fog computing enables organizations to process large volumes of data locally while maintaining seamless connectivity with centralized cloud platforms.

Browse the full Report at https://www.credenceresearch.com/report/fog-computing-market

Market OverviewThe rapid increase in connected devices has resulted in an unprecedented surge in data generation. Traditional cloud computing architectures often struggle to process this massive influx of data efficiently due to bandwidth limitations and latency issues. Fog computing addresses these challenges by distributing computing tasks closer to the data source.

In fog computing architecture, devices such as gateways, routers, switches, and edge servers perform computing tasks locally before transmitting filtered or processed data to the cloud. This decentralized model enables faster decision-making and reduces the strain on centralized data centers.

Industries such as smart manufacturing, connected healthcare, transportation, and building automation increasingly rely on fog computing to support mission-critical applications that require real-time responsiveness. For instance, industrial automation systems utilize fog computing to monitor equipment performance and detect anomalies instantly, minimizing downtime and improving operational efficiency.

The growing deployment of 5G networks, artificial intelligence (AI), and machine learning technologies is further accelerating the adoption of fog computing solutions globally. As organizations seek to manage vast IoT ecosystems more effectively, fog computing platforms are becoming an integral part of next-generation digital infrastructure.

Get Free PDf Sample Request: https://www.credenceresearch.com/report/fog-computing-market#request_sample

Key Market Drivers

Rising Adoption of IoT DevicesOne of the primary drivers of the fog computing market is the explosive growth of IoT devices. Billions of connected sensors, machines, and smart devices generate massive volumes of data every second. Processing this data solely in centralized cloud systems can lead to network congestion and latency.

Fog computing allows data processing to occur closer to the source, enabling real-time insights and reducing the need for continuous cloud communication. This capability is particularly valuable for applications such as autonomous vehicles, industrial robotics, and smart grid management.

Increasing Demand for Low-Latency ComputingMany modern applications require instantaneous data processing to function effectively. For example, connected healthcare systems, autonomous transportation systems, and smart manufacturing environments rely on ultra-low latency.

Fog computing reduces the physical distance between data generation and processing, enabling faster response times. This advantage makes it a crucial technology for industries that depend on real-time decision-making and mission-critical operations.

Growth of Smart Cities and InfrastructureSmart city initiatives worldwide are also contributing to the growth of the fog computing market. Urban infrastructure increasingly relies on interconnected technologies to manage traffic systems, energy consumption, public safety, and environmental monitoring.

Fog computing enables smart city systems to analyze data locally, improving operational efficiency and enabling faster responses to dynamic urban conditions.

Expansion of 5G NetworksThe global rollout of 5G networks is expected to significantly boost fog computing adoption. 5G technology enables ultra-fast data transmission and supports high device density, making it ideal for edge-based computing models.

Fog computing complements 5G by providing localized computing capabilities that reduce reliance on centralized cloud infrastructure, enabling seamless real-time services.

Browse the full Report at https://www.credenceresearch.com/report/fog-computing-market

Market ChallengesDespite its rapid growth, the fog computing market faces several challenges.

Security ConcernsBecause fog computing distributes computing resources across numerous edge devices, it expands the potential attack surface for cyber threats. Ensuring robust security protocols across decentralized networks remains a critical challenge for organizations deploying fog infrastructure.

Complexity in Infrastructure ManagementManaging distributed computing environments can be complex. Organizations must integrate multiple hardware devices, software platforms, and networking systems to create a functional fog computing architecture.

This complexity often requires specialized technical expertise and investment in advanced management tools.

Standardization IssuesThe fog computing ecosystem is still evolving, and industry-wide standards are still under development. Lack of standardized frameworks can create compatibility issues between different vendors and technologies.

However, ongoing collaboration among industry leaders and technology alliances is expected to address these concerns over time.

Market SegmentationBy ComponentThe fog computing market is segmented into hardware and software components.

Hardware plays a crucial role in enabling fog computing infrastructure. Devices such as routers, gateways, switches, and edge servers provide the computing and networking capabilities required for local data processing. Hardware solutions are widely used in industrial environments where high-performance processing and robust connectivity are essential.

Software solutions are equally important in managing fog computing environments. These platforms enable data orchestration, analytics, device management, and security across distributed networks. As organizations deploy larger IoT ecosystems, the demand for advanced fog computing software platforms continues to rise.

Software solutions are expected to experience significant growth due to increasing demand for scalable platforms that support AI-driven analytics and edge-cloud integration.

By ApplicationFog computing has a wide range of applications across industries.

Smart Manufacturing is one of the leading application areas for fog computing. Industrial IoT systems rely on real-time monitoring of equipment, predictive maintenance, and automated production processes. Fog computing enables local data analysis, improving operational efficiency and reducing downtime.

Transportation and Logistics also benefit significantly from fog computing technologies. Real-time traffic monitoring, fleet management, and autonomous vehicle systems require low-latency computing capabilities that fog architecture provides.

Building and Home Automation is another rapidly growing segment. Smart buildings utilize fog computing to manage HVAC systems, lighting controls, energy consumption, and security systems. Processing data locally enhances efficiency and enables faster response to environmental changes.

Connected Health applications use fog computing to monitor patient health in real time through wearable devices and remote monitoring systems. This capability enables faster medical response and improves healthcare delivery, especially in telemedicine environments.

Other applications include smart agriculture, energy management, retail analytics, and smart grid systems, all of which benefit from localized computing capabilities.

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Regional Analysis

North AmericaNorth America currently dominates the fog computing market due to strong technological infrastructure, widespread adoption of IoT solutions, and the presence of major technology companies.

The United States leads the regional market, supported by investments in smart manufacturing, autonomous transportation, and advanced digital infrastructure. Companies such as Cisco, IBM, Intel, and Microsoft play a significant role in driving innovation in fog computing technologies.

Canada and Mexico are also witnessing increasing adoption of fog computing solutions across industrial automation and smart infrastructure projects.

EuropeEurope represents another major market for fog computing solutions. Countries such as Germany, France, the United Kingdom, Italy, and Spain are investing heavily in Industry 4.0 initiatives and smart city infrastructure.

Germany, in particular, is leading the adoption of fog computing in industrial automation and manufacturing systems. European governments are also focusing on digital transformation and connected infrastructure, further supporting market growth.

Asia PacificThe Asia Pacific region is expected to experience the fastest growth during the forecast period. Rapid urbanization, large-scale IoT adoption, and expanding smart city projects are key factors driving demand for fog computing solutions.

Countries such as China, Japan, India, and South Korea are investing heavily in digital infrastructure, 5G networks, and advanced manufacturing technologies.

China leads the regional market due to its massive smart city initiatives and industrial automation investments. India and Southeast Asian countries are also witnessing increasing adoption of IoT technologies across sectors such as transportation, healthcare, and energy.

Latin AmericaLatin America is gradually adopting fog computing technologies, particularly in sectors such as transportation, energy management, and telecommunications.

Countries like Brazil and Argentina are investing in smart infrastructure and digital transformation projects, creating opportunities for fog computing solution providers.

Middle East & AfricaThe Middle East and Africa region is also emerging as a promising market for fog computing technologies. Governments in GCC countries are investing heavily in smart city initiatives, digital infrastructure, and industrial automation.

Projects such as smart transportation systems, energy management platforms, and connected healthcare services are driving the demand for fog computing solutions across the region.

Competitive LandscapeThe competitive landscape of the fog computing market is highly dynamic and characterized by intense innovation and strategic partnerships.

Major players such as Cisco, IBM, Intel, Microsoft, and GE are actively investing in research and development to strengthen their market presence. These companies leverage advanced technologies such as AI, machine learning, and edge computing to enhance their fog computing platforms.

Cisco focuses on networking infrastructure that enables seamless integration between edge devices and cloud platforms. IBM emphasizes AI-driven edge computing solutions that support advanced analytics and automation.

Intel plays a crucial role in providing hardware components, including processors and networking technologies that power fog infrastructure. Microsoft offers hybrid cloud-edge solutions through its Azure IoT ecosystem.

Meanwhile, GE integrates fog computing with industrial applications through its Predix platform, enabling real-time analytics for industrial equipment and infrastructure.

As the adoption of fog computing accelerates across industries, competition among these players continues to intensify, with companies striving to deliver secure, scalable, and high-performance solutions.

Key Player AnalysisSeveral companies are shaping the future of the fog computing ecosystem through innovation and technological advancements.

Cisco is widely recognized as a pioneer in fog computing and continues to lead the market with its advanced networking solutions and edge computing platforms.

IBM focuses on integrating artificial intelligence with edge computing technologies to deliver powerful analytics capabilities for distributed environments.

GE leverages fog computing to enhance industrial IoT applications, particularly in manufacturing and energy sectors.

Dell provides hardware infrastructure and edge computing platforms that support fog deployments across enterprise environments.

Intel plays a critical role in enabling fog computing hardware through its advanced processors and networking technologies.

ARM Holdings contributes to the ecosystem by developing energy-efficient processors used in edge devices.

Schneider Electric integrates fog computing into industrial automation and energy management systems.

Microsoft supports fog computing through its Azure IoT platform, enabling seamless cloud-edge integration.

Other emerging players such as FogHorn and Fujitsu are also contributing to the development of advanced fog computing platforms.

Recent DevelopmentsRecent developments in the fog computing market highlight the rapid pace of innovation and industry collaboration.

In November 2025, Cisco launched its new platform Cisco Unified Edge, a fog-edge computing solution designed to run artificial intelligence workloads at the edge. The platform enables organizations to deploy computing resources closer to data sources in environments such as retail stores, factories, and healthcare facilities.

The solution integrates compute, networking, storage, and security capabilities into a unified infrastructure that supports real-time analytics and intelligent decision-making.

Also in November 2025, Intel collaborated with Cisco to power the Unified Edge platform using its Xeon 6 system-on-chip (SoC) processors. This collaboration delivers an integrated infrastructure designed to support real-time AI inferencing and advanced edge computing capabilities.

Such partnerships highlight the growing importance of collaboration between hardware and software providers to accelerate the deployment of fog computing solutions.

Future OutlookThe future of the fog computing market looks exceptionally promising. As digital transformation accelerates across industries, the demand for decentralized computing solutions will continue to grow.

Emerging technologies such as AI, machine learning, 5G, and autonomous systems will further strengthen the role of fog computing in modern digital ecosystems.

Organizations increasingly recognize the importance of processing data closer to the source to improve efficiency, reduce latency, and enhance security.

With continuous technological innovation and growing adoption across sectors, the fog computing market is expected to witness exponential growth through 2032, transforming the way data is processed and enabling a new era of intelligent, connected systems.

Browse the full Report at https://www.credenceresearch.com/report/fog-computing-market

Contact US:

Credence Research Inc, Tower C-1105 , S 25, Akash Tower,Vishal Nahar, Pimple Nilakh, Haveli,Pune – 411027, IndiaIndia – +91 6232 49 3207sales@credenceresearch.comhttp://www.credenceresearch.com

About US:

Credence Research is a leading international provider of market intelligence and a key component in the due diligence process. We deliver high-quality, extensive, deep-dive reports that empower leaders and investors to make informed decisions and mitigate risks. Our strategic insights, based on extensive research frameworks and advanced data modeling, provide authoritative primary sources for evaluating market performance and potential across a wide range of industries.

This release was published on openPR.

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Federal Contractor’s Son Arrested, Charged With Stealing $46 Million From US Crypto Stockpile – Decrypt

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Federal Contractor’s Son Arrested, Charged With Stealing  Million From US Crypto Stockpile – Decrypt



In brief

The son of a federal contractor was arrested and charged with stealing $46 million in crypto from the U.S. Marshals Service.
The young man’s father is the president of of a firm that provides “critical services” to the Justice Department.
The alleged theft was first exposed by blockchain sleuth ZachXBT, who linked the funds to crypto seized from the 2016 Bitfinex hack.

The son of a federal contractor who managed critical services for the U.S. government has been arrested and charged with stealing some $46 million worth of crypto from the U.S. Marshals Service.

John “Lick” Daghita was arrested last night on the Caribbean island of St. Martin, the FBI announced Thursday morning. He was found traveling with a metal briefcase containing wads of hundred-dollar bills, and numerous hard drives and security keys, the FBI said.

Daghita’s father, Dean Daghita, is the president of CMDSS, a firm that says it provides critical services for federal agencies including the Justice Department and the Department of Defense. FBI Director Kash Patel X post on Thursday also suggests that John himself was a U.S. government contractor, though it’s not immediately clear whether he worked for his father’s firm.

The younger Daghita’s alleged crimes were first brought to the public’s attention in January by ZachXBT, the pseudonymous blockchain sleuth with a long history of exposing misconduct in the crypto sector.

ZachXBT published group chats and on-chain data which appeared to show Daghita bragging to other alleged hackers about the amount of money he stole from the U.S. government. Daghita reportedly moved some $23 million worth of crypto from wallet to wallet, predominantly in Ethereum, to prove to a jeering rival that he in fact possessed significant funds.

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ZachXBT connected that money to funds seized by the U.S. government in 2024 related to the infamous 2016 Bitfinex hack.

Shortly after ZachXBT publicly made those allegations, the U.S. Marshals Service announced it was actively investigating Daghita. Daghita’s father, Dean, did not respond to Decrypt’s request for comment at the time.

The younger Daghita’s arrest last night was the product of a joint operation between the FBI and an “elite tactical unit” of the French military, FBI Director Kash Patel said on X Thursday.

“FBI will continue working 24/7 with our international partners to track down, apprehend, and bring to justice those who attempt to defraud American taxpayers—no matter where they try to hide,” Patel said.

After ZachXBT accused Daghita of the alleged theft in January, Daghita reportedly taunted the crypto sleuth in Telegram messages and sent small amounts of the stolen funds to his wallet—a common tactic, known as dusting,” to implicate unconsenting crypto users in malfeasance.

On Thursday, ZachXBT celebrated Daghita’s arrest in an X post.

“Thanks for the last laugh, John,” he said.

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