https://safirsoft.com The US Department of Justice has received permission to liquidate a $56 million cryptocurrency from BitConnect.

What happened? A district judge has given the US Department of Justice the green light to begin liquidating nearly $56 million in cryptocurrency such as BitConnect, the failed cryptocurrency linked to the Ponzi system a few years ago.

In September, Glenn Arcaro, 44, of Los Angeles pleaded guilty to conspiring to defraud BitConnect investors. Arcaro said he and others intentionally misled investors about BitConnect's seemingly proprietary technology, claiming that it could generate significant profits and guaranteed returns.

“Indeed, BitConnect launched a Ponzi scheme by paying former BitConnect investors. Upcoming investors,” the Department of Justice said.

Investors pumped a total of more than $2 billion into the scheme, making it the largest digital currency fraud scheme ever prosecuted. p>

https://safirsoft.com Nvidia CES keynote on January 4, just hours before Intel's press conference

Nvidia CES keynote on January 4, just hours before Intel's press conference

What happened? Following a similar announcement from the soon-to-be graphics card competitor, Nvidia has confirmed that its headline will be at CES on...
https://safirsoft.com Sony has halted orders for the new ZV-E10 mirrorless camera due to a chip shortage.

Sony has halted orders for the new ZV-E10 mirrorless camera due to a chip shortage.

The shortage of chips is having a devastating effect on more than just the graphics card industry. Everything from cars to smartphones is beaten like ...
https://safirsoft.com The FTC sued Nvidia to prevent Arm from seizing it

The FTC sued Nvidia to prevent Arm from seizing it

Why it matters: This week, the US Federal Trade Commission (FTC) filed a lawsuit to prevent Nvidia from buying Nvidia for $40 billion. The FTC says th...
https://safirsoft.com Battlefield 2042's difficult start led to a major reorganization of DICE and EA

Battlefield 2042's difficult start led to a major reorganization of DICE and EA

What happened? The fallout from Battlefield 2042's launch continues, as Electronic Arts makes sweeping changes that will affect the latest and future ...
https://safirsoft.com Qualcomm's new augmented reality technology can expand your desktop space with virtual displays

Qualcomm's new augmented reality technology can expand your desktop space with virtual displays

What to Expect: Have you ever dreamed of having a larger display area but no actual space to make it happen? Qualcomm has found a solution to this pro...
https://safirsoft.com Jack Dorsey has renamed Square to Block after leaving Twitter

Jack Dorsey has renamed Square to Block after leaving Twitter

Large Image: The square gets a fresh coat of paint. The financial services company, founded by Jack Dorsey, has changed its name to Block, which it be...