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The FBI created a cryptocurrency as part of an investigation into price manipulation in crypto markets, the government revealed on Wednesday. From a report:

The FBI's Ethereum-based token, NexFundAI, was created with the help of "cooperating witnesses." As a result of the investigation, the Securities and Exchange Commission charged three "market makers" and nine people for allegedly engaging in schemes to boost the prices of certain crypto assets. The Department of Justice charged 18 people and entities for "widespread fraud and manipulation" in crypto markets.

The defendants allegedly made false claims about their tokens and executed so-called "wash trades" to create the impression of an active trading market, prosecutors claim. The three market makers -- ZMQuant, CLS Global, and MyTrade -- allegedly wash traded or conspired to wash trade on behalf of NexFundAI, an Ethereum-based token they didn't realize was created by the FBI.

"What the FBI uncovered in this case is essentially a new twist to old-school financial crime," Jodi Cohen, the special agent in charge of the FBI's Boston division, said in a statement. "What we uncovered has resulted in charges against the leadership of four cryptocurrency companies, and four crypto 'market makers' and their employees who are accused of spearheading a sophisticated trading scheme that allegedly bilked honest investors out of millions of dollars."

Abstract credit: https://slashdot.org/story/434115

"Unlike most governments, Bhutan's BTC does not come from law enforcement asset seizures, but from bitcoin mining operations, which have ramped up dramatically since early 2023," the crypto intelligence firm explained. Crypto intelligence firm Arkham highlighted the Kingdom of Bhutan's bitcoin holdings on social media platform X last week. Bhutan is a small, landlocked kingdom located in the eastern Himalayas, bordered by China to the north and India to the south. The country currently has a population of less than 800,000 people.

We learned last year that Bhutan had been secretly mining bitcoin using its abundant hydroelectric resources since around 2019. The operation, which began when bitcoin was priced at approximately $5,000, aims to harness the country's vast renewable energy reserves to power mining rigs.

Hydroelectricity already accounts for 30% of Bhutan's GDP and powers nearly all of its 800,000 residents. The government claimed last year that mining profits are used to subsidize power and hardware costs. This revelation makes Bhutan one of the few countries globally to run a state-owned bitcoin mine, alongside El Salvador.

At over $800 million in Bitcoin holdings, the reserve accounts for nearly a third of Bhutan's 2022-calculated GDP.

Abstract credit: https://slashdot.org/story/433433

In instructions to Google, Judge Rossignoli says that the company must “adopt the necessary technical means to immediately uninstall from Android systems that report IP addresses in the territory of the Argentine Republic (which can be verified by the IP addresses assigned to this country), the application named Magis TV.”

"What was achieved is an unprecedented court order, which is in the process of being analyzed by Google – we understand that they cannot deny it – which is to uninstall, through the Android operating system update, the application on all devices that have an IP address in Argentina,” [prosecuter Alejandro] Musso says.

Carbon in the atmosphere is a major driver of climate change. Now researchers from McGill University have designed a new catalyst for converting carbon dioxide (CO2) into methane -- a cleaner source of energy -- using tiny bits of copper called nanoclusters. While the traditional method of producing methane from fossil fuels introduces more CO2 into the atmosphere, the new process, electrocatalysis, does not. "On sunny days you can use solar power, or when it's a windy day you can use that wind to produce renewable electricity, but as soon as you produce that electricity you need to use it," says Mahdi Salehi, Ph.D. candidate at the Electrocatalysis Lab at McGill University. "But in our case, we can use that renewable but intermittent electricity to store the energy in chemicals like methane."

By using copper nanoclusters, says Salehi, carbon dioxide from the atmosphere can be transformed into methane and once the methane is used, any carbon dioxide released can be captured and "recycled" back into methane. This would create a closed "carbon loop" that does not emit new carbon dioxide into the atmosphere. The research, published recently in the journal Applied Catalysis B: Environment and Energy, was enabled by the Canadian Light Source (CLS) at the University of Saskatchewan (USask). The team plans to continue refining their catalyst to make it more efficient and investigate its large-scale, industrial applications. Their hope is that their findings will open new avenues for producing clean, sustainable energy.

Researchers have devised a way to extract energy from the photosynthesis process of algae, according to an announcement from Concordia University.

Suspended in a specialized solution, the algae forms part of a "micro photosynthetic power cell" that can actually generate enough energy to power low-power devices like Internet of Things (IoT) sensors.

Photosynthesis produces oxygen and electrons. Our model traps the electrons, which allows us to generate electricity," [says Kirankumar Kuruvinashetti, PhD 20, now a Mitacs postdoctoral associate at the University of Calgary.] "So more than being a zero-emission technology, it's a negative carbon emission technology: it absorbs carbon dioxide from the atmosphere and gives you a current. Its only byproduct is water.

[...] Muthukumaran Packirisamy, professor in the Department of Mechanical, Industrial and Aerospace Engineering and the paper's corresponding author, admits the system is not yet able to compete in power generation with others like photovoltaic cells. The maximum possible terminal voltage of a single micro photosynthetic power cell is only 1.0V. But he believes that, with enough research and development, including artificial intelligence-assisted integration technologies, this technology has the potential to be a viable, affordable and clean power source in the future.

It also offers significant manufacturing advantages over other systems, he says. "Our system does not use any of the hazardous gases or microfibres needed for the silicon fabrication technology that photovoltaic cells rely on. Furthermore, disposing of silicon computer chips is not easy. We use biocompatible polymers, so the whole system is easily decomposable and very cheap to manufacture.

In the paper the researchers also described it as a âoemicrobial fuel cellâ...

Abstract credit: https://slashdot.org/story/429671

In a new blog post, Ethereum co-founder Vitalik Buterin has shared his thoughts on three issues core to Ethereum's decentralization: MEV, liquid staking, and the hardware requirements of nodes. The Block reports:

In his post, published on May 17, Buterin first addresses the issue of MEV, or the financial gain that sophisticated node operators can capture by reordering the transactions within a block. Buterin characterizes the two approaches to MEV as "minimization" (reducing MEV through smart protocol design, such as CowSwap) and "quarantining" (attempting to reduce or eliminate MEV altogether through in-protocol techniques). While MEV quarantining seems like an alluring option, Buterin notes that the prospect comes with some centralization risks. "If builders have the power to exclude transactions from a block entirely, there are attacks that can quite easily arise," Buterin noted. However, Buterin championed the builders working on MEV quarantining through concepts like transaction inclusion lists, which "take away the builder's ability to push transactions out of the block entirely." "I think ideas in this direction - really pushing the quarantine box to be as small as possible - are really interesting, and I'm in favor of going in that direction," Buterin concluded.

Buterin also addressed the relatively low number of solo Ethereum stakers, as most stakers choose to stake with a staking provider, either a centralized offering like Coinbase or a decentralized offering like Lido or RocketPool, given the complexity, hardware requirement, and 32 eth minimum needed to operate an Ethereum node solo. While Buterin acknowledges the progress being made to reduce the cost and complexity around running a solo node, he also noted "once again there is more that we could do," perhaps through reducing the time to withdraw staked ether or reducing the 32 eth minimum requirement to become a solo staker. "Incorrect answers could lead Ethereum down a path of centralization and 're-creating the traditional financial system with extra steps'; correct answers could create a shining example of a successful ecosystem with a wide and diverse set of solo stakers and highly decentralized staking pools," Buterin wrote. [...]

Buterin finished his post by imploring the Ethereum ecosystem to tackle the hard questions rather than shy away from them. "...We should have deep respect for the properties that make Ethereum unique, and continue to work to maintain and improve on those properties as Ethereum scales," Buterin wrote. Buterin added today, in a post on X, that he was pleased to see civil debate among community members. "I'm really proud that ethereum does not have any culture of trying to prevent people from speaking their minds, even when they have very negative feelings toward major things in the protocol or ecosystem. Some wave the ideal of 'open discourse' as a flag, some take it seriously," Buterin wrote.

Abstract credit: https://slashdot.org/story/428637

Visa is rolling out new technology that will allow the payments giant to share more information about customers' preferences [non-paywalled source] based on their shopping history with retailers as it seeks to remain a top player in the competitive e-commerce space. From a report:

The data will be shared via the payments giant's proprietary "tokens," which provide an added layer of security between a consumer's bank information and a merchant. Shopping inclinations and other information based on past transactions -- such as preferred categories, like movies or golf -- will be shared via token with retailers with the consent of consumers.

"It's almost entirely blind to almost all consumers," Visa Chief Executive Officer Ryan McInerney said in an interview of the company's token technology. "They just know their payments work better." The sharing of shopping data via token is one of a handful of innovations Visa unveiled at a conference in San Francisco, where it's based. Visa, one of the largest e-commerce technology companies in the world, is finding itself increasingly fending off competitors seeking larger slices of the fees merchants must pay to carry out consumer transactions.

Abstract credit: https://slashdot.org/story/428471

The blog Its FOSS has 15,000 followers for its Mastodon account — which they think is causing problems:

When you share a link on Mastodon, a link preview is generated for it, right? With Mastodon being a federated platform (a part of the Fediverse), the request to generate a link preview is not generated by just one Mastodon instance. There are many instances connected to it who also initiate requests for the content almost immediately. And, this "fediverse effect" increases the load on the website's server in a big way.

Sure, some websites may not get overwhelmed with the requests, but Mastodon does generate numerous hits, increasing the load on the server. Especially, if the link reaches a profile with more followers (and a broader network of instances)... We tried it on our Mastodon profile, and every time we shared a link, we were able to successfully make our website unresponsive or slow to load.

It's Foss blog says they found three GitHub issues about the same problem — one from 2017, and two more from 2023. And other blogs also reported the same issue over a year ago — including software developer Michael Nordmeyer and legendary Netscape programmer Jamie Zawinski.

And back in 2022, security engineer Chris Partridge wrote:

[A] single roughly ~3KB POST to Mastodon caused servers to pull a bit of HTML and... an image. In total, 114.7 MB of data was requested from my site in just under five minutes — making for a traffic amplification of 36704:1. [Not counting the image.]

Its Foss reports Mastodon's official position that the issue has been "moved as a milestone for a future 4.4.0 release. As things stand now, the 4.4.0 release could take a year or more (who knows?)."

They also state their opinion that the issue "should have been prioritized for a faster fix... Don't you think as a community-powered, open-source project, it should be possible to attend to a long-standing bug, as serious as this one?"

Abstract credit: https://slashdot.org/story/428030

"Researchers have successfully transformed CO2 into methanol," reports SciTechDaily, "by shining sunlight on single atoms of copper deposited on a light-activated material, a discovery that paves the way for creating new green fuels."

Tara LeMercier, a PhD student who carried out the experimental work at the University of Nottingham, School of Chemistry, said: "We measured the current generated by light and used it as a criterion to judge the quality of the catalyst. Even without copper, the new form of carbon nitride is 44 times more active than traditional carbon nitride. However, to our surprise, the addition of only 1 mg of copper per 1 g of carbon nitride quadrupled this efficiency. Most importantly the selectivity changed from methane, another greenhouse gas, to methanol, a valuable green fuel."

Professor Andrei Khlobystov, School of Chemistry, University of Nottingham, said: "Carbon dioxide valorization holds the key for achieving the net-zero ambition of the UK. It is vitally important to ensure the sustainability of our catalyst materials for this important reaction. A big advantage of the new catalyst is that it consists of sustainable elements — carbon, nitrogen, and copper — all highly abundant on our planet." This invention represents a significant step towards a deep understanding of photocatalytic materials in CO2 conversion. It opens a pathway for creating highly selective and tuneable catalysts where the desired product could be dialed up by controlling the catalyst at the nanoscale.

Abstract credit: https://science.slashdot.org/story/24/03/30/049239/researchers-develop-new-material-that-converts-co2-into-methanol-using-sunlight

Two years into office, President Donald Trump authorized the Central Intelligence Agency to launch a clandestine campaign on Chinese social media aimed at turning public opinion in China against its government, according to former U.S. officials with direct knowledge of the highly classified operation. Three former officials told Reuters that the CIA created a small team of operatives who used bogus internet identities to spread negative narratives about Xi Jinping's government while leaking disparaging intelligence to overseas news outlets. The effort, which began in 2019, has not been previously reported.

The CIA team promoted allegations that members of the ruling Communist Party were hiding ill-gotten money overseas and slammed as corrupt and wasteful China's Belt and Road Initiative, which provides financing for infrastructure projects in the developing world, the sources told Reuters. Although the U.S. officials declined to provide specific details of these operations, they said the disparaging narratives were based in fact despite being secretly released by intelligence operatives under false cover. The efforts within China were intended to foment paranoia among top leaders there, forcing its government to expend resources chasing intrusions into Beijing's tightly controlled internet, two former officials said. "We wanted them chasing ghosts," one of these former officials said. [...]

The CIA operation came in response to years of aggressive covert efforts by China aimed at increasing its global influence, the sources said. During his presidency, Trump pushed a tougher response to China than had his predecessors. The CIA's campaign signaled a return to methods that marked Washington's struggle with the former Soviet Union. "The Cold War is back," said Tim Weiner, author of a book on the history of political warfare. Reuters was unable to determine the impact of the secret operations or whether the administration of President Joe Biden has maintained the CIA program.

Abstract credit: https://yro.slashdot.org/story/24/03/14/2315243/cia-used-chinese-social-media-in-covert-influence-operation-against-xi-jinpings-government

Seagate this week unveiled the industry's first hard disk drive platform that uses heat-assisted media recording (HAMR). Tom's Hardware:

The new Mozaic 3+ platform relies on several all-new technologies, including new media, new write and read heads, and a brand-new controller. The platform will be used for Seagate's upcoming Exos hard drives for cloud datacenters with a 30TB capacity and higher. Heat-assisted magnetic recording is meant to radically increase areal recording density of magnetic media by making writes while the recording region is briefly heated to a point where its magnetic coercivity drops significantly.

Seagate's Mozaic 3+ uses 10 glass disks with a magnetic layer consisting of an iron-platinum superlattice structure that ensures both longevity and smaller media grain size compared to typical HDD platters. To record the media, the platform uses a plasmonic writer sub-system with a vertically integrated nanophotonic laser that heats the media before writing. Because individual grains are so small with the new media, their individual magnetic signatures are lower, whereas magnetic inter-track interference (ITI) effect is somewhat higher. As a result, Seagate had to introduce its new Gen 7 Spintronic Reader, which features the "world's smallest and most sensitive magnetic field reading sensors," according to the company. Because Seagate's new Mozaic 3+ platform deals with new media with a very small grain size, an all-new writer, and a reader that features multiple tiny magnetic field readers, it also requires a lot of compute horsepower to orchestrate the drive's work. Therefore, Seagate has equipped with Mozaic 3+ platform with an all-new controller made on a 12nm fabrication process.

Abstract credit: https://hardware.slashdot.org/story/24/01/19/1149214/30tb-hard-drives-are-nearly-here

"To prevent disinformation from eroding democratic values worldwide, the U.S. must establish a global watermarking standard for text-based AI-generated content," writes retired U.S. Army Col. Joe Buccino in an opinion piece for The Hill. While President Biden's October executive order requires watermarking of AI-derived video and imagery, it offers no watermarking requirement for text-based content. "Text-based AI represents the greatest danger to election misinformation, as it can respond in real-time, creating the illusion of a real-time social media exchange," writes Buccino. "Chatbots armed with large language models trained with reams of data represent a catastrophic risk to the integrity of elections and democratic norms."

Joe Buccino is a retired U.S. Army colonel who serves as an A.I. research analyst with the U.S. Department of Defense Defense Innovation Board. He served as U.S. Central Command communications director from 2021 until September 2023. Here's an excerpt from his report:

Watermarking text-based AI content involves embedding unique, identifiable information -- a digital signature documenting the AI model used and the generation date -- into the metadata generated text to indicate its artificial origin. Detecting this digital signature requires specialized software, which, when integrated into platforms where AI-generated text is common, enables the automatic identification and flagging of such content. This process gets complicated in instances where AI-generated text is manipulated slightly by the user. For example, a high school student may make minor modifications to a homework essay created through Chat-GPT4. These modifications may drop the digital signature from the document. However, that kind of scenario is not of great concern in the most troubling cases, where chatbots are let loose in massive numbers to accomplish their programmed tasks. Disinformation campaigns require such a large volume of them that it is no longer feasible to modify their output once released.

The U.S. should create a standard digital signature for text, then partner with the EU and China to lead the world in adopting this standard. Once such a global standard is established, the next step will follow -- social media platforms adopting the metadata recognition software and publicly flagging AI-generated text. Social media giants are sure to respond to international pressure on this issue. The call for a global watermarking standard must navigate diverse international perspectives and regulatory frameworks. A global standard for watermarking AI-generated text ahead of 2024's elections is ambitious -- an undertaking that encompasses diplomatic and legislative complexities as well as technical challenges. A foundational step would involve the U.S. publicly accepting and advocating for a standard of marking and detection. This must be followed by a global campaign to raise awareness about the implications of AI-generated disinformation, involving educational initiatives and collaborations with the giant tech companies and social media platforms.

In 2024, generative AI and democratic elections are set to collide. Establishing a global watermarking standard for text-based generative AI content represents a commitment to upholding the integrity of democratic institutions. The U.S. has the opportunity to lead this initiative, setting a precedent for responsible AI use worldwide. The successful implementation of such a standard, coupled with the adoption of detection technologies by social media platforms, would represent a significant stride towards preserving the authenticity and trustworthiness of democratic norms.

Exerp credit: https://slashdot.org/story/423285