PANews reported on April 26 that, according to Cointelegraph, U.S. securities regulators filed a lawsuit against Geosyn Mining and its co-founders, accusing them of defrauding investors of $5.6 million by misrepresenting the number of Crypto Assets Mining Rig they operated, while misappropriating customer funds for personal consumption. The U.S. SEC Corporation (SEC) filed a lawsuit in federal court in Fort Worth, Texas, on April 24, alleging that Geosyn, its CEO Caleb Joseph Ward, and former head of operations, Jeremy George McNutt, defrauded about 64 investors between November 2021 and December 2022 through a service protocol as a sale of securities. The SEC alleges that the protocol who paid to buy and run the Crypto Assets Mining Rig on behalf of their customers "falsely claimed" that Geosyn had a cheap energy contract with a power supplier, when in reality the cost was "up to 40-50 percent" higher than the rates they had told its customers, and that they also lied to investors about Geosyn's operations, which had contracted a service protocol to purchase 1,400 Mining Rig, but failed to purchase 400 of them, and " Never bring longest purchased mining rigs online"; Protocol to Geosyn's protocol, which told investors that they could choose the Crypto Assets they wanted to mine, the company refused to mine requests for any other Crypto Assets other than Bitcoin; the company paid investors Bitcoin proceeds to make them "believe that their mining rigs are running and profitable, when they are not" and produced "fake documents" containing "fabricated mining productivity and profits"; the duo embezzled about $1.2 million of investor funds for personal consumption such as dining, nightclubs, vacations, Firearms, watches, and legal fees, among others. The SEC also said the duo also used other $22,000 in investor funds to purchase breath testing equipment, as well as expenses related to the arrest and conviction of the duo and Geosyn employees for drunk driving during the June 2022 Crypto Assets conference.

PANews reported on April 8 that, according to The information, OpenAI CEO Sam Altman and former Apple design director Jony Ive have officially teamed up to develop an AI-powered personal device and are seeking $1 billion in financing. Investors currently in talks include Masayoshi Son of SoftBank, Thrive Capital, an investor in OpenAI, and Emerson Collective, a well-known venture capital firm. While details about the device remain under wraps, the duo reportedly aim to develop a personal AI product that challenges the traditional smartphone experience and explores new AI-based interactions. While Altman participated in the project in an individual capacity, it is unclear whether OpenAI will participate in the new joint venture, but OpenAI's latest GPT series models may provide technical support for the device's AI capabilities. According to reports, the potential of the device lies not only in the hardware itself, but also in reconstructing the way we interact with AI in our daily lives, work, and . The technical support provided by OpenAI further enhances the intelligence of the device and will be unlike anything the market has seen before. Previously, it was reported in September last year that iPhone designer JonyIve and OpenAI CEO discussed AI hardware projects and were negotiating to raise $1 billion from SoftBank to build an "artificial intelligence iPhone", and it was reported at the time that Sam Altman and Jony Ive had not reached any agreement on the establishment of a joint venture. The latest news revealed that they have officially started to work together on this project.

PANews reported on February 28 that according to Bloomberg, citing people familiar with the matter, Apple will abandon a 10-year electric vehicle manufacturing plan. Apple disclosed the news internally on Tuesday, surprising the nearly 2,000 employees involved in the project, people familiar with the matter said. It is reported that Jeff Williams, chief operating officer, and Kevin Lynch, vice president in charge of this work, jointly made the decision. The duo informed employees that the project would begin to be tapered and that Long of the automotive manufacturing team would be transferred to an artificial intelligence department led by executive John Giannandrea. These employees will focus on generative AI projects, which is an increasingly important priority for the company. At the same time, the Apple Car team also has hundreds of hardware engineers and car designers. It is also possible for them to apply for jobs on other teams. The company will lay off employees, but it is not yet clear how many people will be laid off.

JPMorgan Chase & Co. said in a research note on Thursday that after the approval of the SpotBitcoin ETF, the performance of listed mining companies may follow the market. JPMorgan Chase, analysts Reginald Smith and Charles Pearce said it was unclear whether the approval of the SpotBitcoin ETF would eventually spur further gains in Bitcoin and mining stocks in the near term, or whether investors would dump the news, but it felt like mining stocks should take a breather now, and stock performance is expected to follow Bitcoin prices in the coming weeks. The duo also noted that Bitcoin mining stocks have risen sharply over the past three months, with the total Market Cap of the 14 U.S.-listed miners covered as of yesterday approaching $17 billion, up 131% from the end of September 71. （CoinDesk）

Odaily Planet Daily reported that according to CertiK monitoring, the liquidity of the DUO project on the BSC chain has decreased significantly. The deployer removed $352,900 of WBNB LP in 3 transactions in 4 days. NOTE: Do not confuse this with other items.

Last night, Dolu Kadehi Ters Tut, a Turkish pop rock duo, lit up the stage at the Istanbul Festival, leaving the audience amazed and entertained. 🎶🤩 Join us today for the final day of the festival and don‘t miss out on the incredible experience! 👌 #GateatIstanbulFestival#

PANews news on July 14, according to Cointelegraph, the blockchain protocol MultiversX (formerly known as Elrond) implemented a new two-factor authentication standard Guardians, which is now used as an additional transaction signature on the MultiversX blockchain protocol measures to add additional security to its network. This feature leverages Google Authenticator, Authy, Duo, Microsoft Authenticator, or biometrics to provide a second signature before transactions are processed on-chain. MultiversX CEO Beniamin Mincu said that the extra security should not come at the expense of user experience, but should aim to reduce the friction of signing transactions.

PANews news on July 14, according to Cointelegraph, the blockchain protocol MultiversX has implemented a new two-factor authentication standard, which is now used as an additional transaction signature measure on the MultiversX blockchain protocol to increase its network Extra security. This feature leverages Google Authenticator, Authy, Duo, Microsoft Authenticator, or biometrics to provide a second signature before transactions are processed on-chain. MultiversX CEO Beniamin Mincu said that the extra security should not come at the expense of user experience, but should aim to reduce the friction of signing transactions.

Odaily Planet Daily News According to a report released by Nansen on Wednesday, NFT royalty income fell to the lowest level in more than a year in June. Royalty revenues peaked in April 2022, with creators earning 28,000 ETH (nearly $76 million) a week. Meanwhile, creators earned a total of 2,000 ETH (~$3.8 million) during the peak week in June. Nansen analysts Javier Cerdan and Edward Wilson said that amid the competition, both marketplaces, OpenSea and Blur, are struggling to keep royalties low while incentivizing deals. “Royalties have been falling since February, with Blur capturing more of the royalty share, on par with OpenSea. Interestingly, Blur has been dominating the royalty share for the past two weeks,” the duo said. As of July 4, Yuga Labs had earned nearly $166 million in collective royalties from its franchises, which include Bored Ape Yacht Club, Mutant Ape Yacht Club and Otherdeed for Otherside. The Azuki series of NFTs (including BEANZ and Elementals) has earned more than $58 million in royalties. The report noted that the drop in royalty income began before Azuki's Elementals minted before the BAYC floor fell to a 20-month low. (CoinDesk) According to yesterday’s news, Nansen’s data shows that BAYC’s on-chain royalty income has exceeded 58 million US dollars, Otherdeed for Otherside has exceeded 52 million US dollars, Azuki has exceeded 43 million US dollars, and Pudgy Penguins has exceeded 7.2 million US dollars.

According to PANews news on June 21, according to the Science and Technology Innovation Board Daily, former GitHub CEO Nat Friedman and former Y Combinator partner Daniel Gross recently announced a novel strategy to attract founders of AI companies as startup investors: They offer tons of free servers equipped with state-of-the-art chips for training machine learning models. Separately, the duo raised an investment fund of more than $1 billion to invest in AI startups.

According to a report by the "Kechuang Board Daily" on June 21, Nat Friedman, former CEO of GitHub, and Daniel Gross, former partner of Y Combinator, recently announced a novel strategy to attract founders of AI companies as investors in start-up companies: provide them with a large number of Free servers equipped with state-of-the-art chips for training machine learning models. Separately, the duo raised an investment fund of more than $1 billion to invest in artificial intelligence startups.

According to a report by the "Kechuang Board Daily" on June 21, Nat Friedman, former CEO of GitHub, and Daniel Gross, former partner of Y Combinator, recently announced a novel strategy to attract founders of AI companies as investors in start-up companies: provide them with a large number of Free servers equipped with state-of-the-art chips for training machine learning models. Separately, the duo raised an investment fund of more than $1 billion to invest in artificial intelligence startups.