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Bitcoin would need to hit $93K to flip Silver right now

Silver’s market cap has risen to over $500 billion larger than Bitcoin, despite the cryptocurrency flipping the precious metal just two months ago.

Silver has staged an impressive comeback against Bitcoin (BTC) this year, surpassing the cryptocurrency as the 8th largest asset by market cap after losing its position in March.

The world’s second most valuable metal has rallied 33.4% since Bitcoin reached a record $73,737 on March 14, while Bitcoin has retraced 9.5%, according to CoinGecko.

As a result, Silver’s market cap of $1.83 trillion is now $500 billion more than Bitcoin’s, which is currently at $1.31 trillion, according to Companies Market Cap — meaning Bitcoin would need to rally 40% to $93,000 to flip Silver’s current market cap (if all else remains equal.)

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Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

My traumatic Apple ID hack showed pitfalls of centralized identity

A breach of your Apple ID can leave you all but helpless to prevent attackers from poring over and stealing the contents of your life.

I was the target of a sophisticated breach of my Apple ID that caused a significant emotional and financial toll. My background as a tech entrepreneur meant I knew the importance of multi-factor authentication and the warning signs of SIM swaps and had precautions in place. Despite this vigilance, I fell victim to an audacious attack one January evening last year, painfully showing that it can happen to anyone.

I've had my Apple ID since it was invented. I've bought tens of thousands — maybe hundreds of thousands — of dollars worth of software, movies, TV shows, hardware. Suddenly, I was informed of 15,000 login attempts. It was literally “Boom, boom, boom.” I pressed “Don't allow, don't allow, don't 

Then, I was phoned by someone claiming to work for Apple technical support. They had in-depth information about how many devices I owned and when they were last used — even where the login attempts were coming from. A lot of unsuspecting victims would find this call credible, but something wasn't sitting right with me. He said, “I'm going to send you a code” — and I replied, “I'm not going to give it to you.”

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Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Philippines Regulator to Unveil Cryptocurrency Regulatory Framework in Second Half of 2024

Philippines Regulator to Unveil Cryptocurrency Regulatory Framework in Second Half of 2024Emilio B. Aquino, chairperson of the Securities and Exchange Commission in the Philippines, announced plans to introduce a regulatory framework for cryptocurrency in the latter half of 2024. Aquino expressed optimism that tech giants Apple and Google will promptly comply with the SEC’s request to remove Binance’s applications from their app stores. Safeguarding the Interests […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

More than half of the Fortune 100 uses Apple’s Vision Pro headset

Spatial computing in the industrial metaverse appears to be paying off for the company that Steve Jobs built.

Apple’s Vision Pro headset, a mixed-reality spatial computing device, has been adopted by a majority of Fortune 100 companies with more than half purchasing at least one. 

Company CEO Tim Cook relayed the information during Apple’s first quarter 2024 earnings call, citing Vision Pro adoption as a sign of increased enthusiasm for the company’s products:

The Vision Pro launched in early February of 2024 with a price tag of $3,499 in the United States. In the time since, it doesn’t appear to have made much of a dent in the consumer market where much lower priced options such as Meta’s Quest line of VR headsets.

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Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Apple reportedly courting OpenAI to develop AI features for iPhone

The Cupertino company is also considering a partnership with Google.

Apple is reportedly on the hunt for a big tech partner to help shore up its flagging artificial intelligence (AI) offerings, with a specific focus on bringing th iPhone’s capabilities up to speed. 

Per a report from Bloomberg citing multiple sources, Apple and OpenAI are deep into discussions concerning the further integration of generative AI technologies on iOS.

However, previous reports also indicate that Apple is still shopping around with Google on the hook as another potential cloud partner.

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Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Doctors turn to Apple’s Vision Pro headset to practice surgery amid cadaver shortage

Veyond Metaverse aims to mimic the traditional cadaver experience in visceral detail with Apple’s mixed reality device.

Veyond Metaverse, a medical technology company, recently announced that its medical telepresence platform would expand its footprint to the Apple Vision Pro. 

The company’s real-time translation and remote communication services were previously used on traditional virtual and augmented reality headsets to conduct what it claims to be the world’s first “digital surgery” in 2023.

With the addition of Apple’s recently released Vision Pro headset, Veyond Metaverse appears to be entering the high-end medical telepresence market at a time when the need for new doctors exceeds the global cadaver supply.

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Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

DOJ and US States Take on Apple in Major Antitrust Suit Over App Store Monopoly

DOJ and US States Take on Apple in Major Antitrust Suit Over App Store MonopolyThe United States Department of Justice (DOJ), joined by 16 state attorney generals, filed an antitrust lawsuit against tech giant Apple, claiming its app store rules create a monopoly that hampers competition and stifles innovation. The lawsuit argues that practices such as forcing developers to use Apple’s payment system and restricting them through various rules […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Solana Co-Founder Anatoly Yakovenko Thinks Crypto Has a Shot at Disrupting the App Store Duopoly

Solana Co-Founder Anatoly Yakovenko Thinks Crypto Has a Shot at Disrupting the App Store DuopolyAnatoly Yakovenko, co-founder of Solana Labs, believes that crypto can have a shot at disrupting Google’s and Apple’s app store duopoly. He criticized the state of the software distribution on mobile devices, lamenting that the two stores collected over 30% of all earnings just to display a top 10 list of the most downloaded apps. […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Bitcoin’s Climbing Value Outshines Global Silver Market in Historic Pre-Halving Surge

Bitcoin’s Climbing Value Outshines Global Silver Market in Historic Pre-Halving SurgeBitcoin’s ascent past the $72,000 mark has elevated its market capitalization beyond the combined worth of all the world’s silver. The cryptocurrency has seen a 52.7% increase in value relative to the U.S. dollar over the past month, with 41.1% of this uptick occurring within a mere two weeks. Bitcoin Retakes the 8th Largest Asset […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Apple iOS Trojan Allows Hackers To Access Bank Accounts, Security Researchers Warn – Here’s How It Works

Apple iOS Trojan Allows Hackers To Access Bank Accounts, Security Researchers Warn – Here’s How It Works

Security researchers say they’re tracking a new Apple iOS trojan that’s designed to give criminals access to victims’ bank accounts. The cybersecurity firm Group-IB says the trojan was deployed by a Chinese cybercrime group and collects a trove of sensitive data from affected users, reports Security Week. The malicious code is able to collect facial […]

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Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces