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‘Pig slaughtering’ crypto scams reap millions on Silicon Valley dating apps

Lonely hearts in Silicon Valley are reportedly falling prey to a wave of “pig slaughtering” crypto scams via dating applications. An investigator for cybersecurity company Sift found that one in 20 people who approached her on dating apps in San Francisco was working the scam. Pig slaughtering, or butchering, is a type of scam in which an individual/group puts in weeks or months of work to build a fake relationship with the victim, metaphorically fattening them up. The end goal is to get the victim to invest in crypto via either a duplicated version of a legitimate website or by transferring funds to a dodgy wallet address. The scammers often shift the conversations over from dating apps or social media to encrypted messaging services such as WhatsApp and put in countless hours of daily co...

Crypto advocate mounts challenge to longtime Silicon Valley Congresswoman

In terms of policy, Greg Tanaka calls himself a legislator for the digital age and possibly the most pro-crypto person running in this election cycle. Now a Palo Alto City Council member, he has set his sights on the United States House of Representatives seat for California’s 16th: the Silicon Valley district. In an interview with Cointelegraph, the self-described nerd exuded enthusiasm and spoke with an unwavering smile about crypto and the financial system. Legal DAOs and crypto tax holidays “It’s the first form of truly better money,” Tanaka said of crypto. “More benefit goes to the people creating the value versus with traditional finance.” He envisioned a future where everyone would have their own token. That “will create a lot more economic equity,” he said. In addition to his polit...

Jeff Bezos Steps Down as Amazon CEO

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Gunman kills at least 8 in mass shooting at California rail yard

At least eight people were killed when a transit employee opened fire at his co-workers at a light rail yard in San Jose, California, on Wednesday morning, the county sheriff’s office said, in the latest in a string of mass shootings this spring. The gunman, who like the victims was an employee of the Santa Clara Valley Transportation Authority (VTA), was also dead, Santa Clara County Sheriff’s Deputy Russell Davis said at a news conference. He did not say how the gunman died or whether police officers fired their weapons at the scene. The name and age of the suspect were also not disclosed. The first emergency calls reporting the shooting at the VTA light rail yard near the city’s main airport came through shortly after 6:30 a.m. Pacific Time (1330 GMT). A bomb squad was searching the yar...

US braces for continued surge in coronavirus cases, hospitalisations

As newly reported cases of the coronavirus continued to spike across much of the United States, breaking records for hospitalisations, some local leaders are moving to enact more stringent restrictions. US officials had pleaded with Americans to avoid travel and limit social gatherings as the nation entered its winter holiday season. But many appear to have disregarded those pleas over the long Thanksgiving weekend as the Transportation Security Administration screened nearly 1.2 million airline passengers on Sunday, the highest since mid-March. That number is still about 60 percent lower than the comparable day last year when 2.88 million passengers were screened, the highest ever recorded by the agency. Health officials say they are now preparing for a wave of cases over the next two or ...

Waymo inks deal with Volvo to develop self-driving electric cars

Agence France-Presse Waymo and the Volvo Cars Group have agreed to develop a self-driving electric vehicle designed for ride-hailing use, as part of a new global partnership, the companies said on Thursday. Waymo, a unit of Silicon Valley’s Alphabet, said it will be the exclusive global partner for Volvo Cars for developing self-driving vehicles capable of operating safely without routine driver intervention. Waymo will focus on the artificial intelligence for the software “driver.” Volvo will design and manufacture the vehicles. The companies said Waymo will work with Volvo’s global brands, including Polestar and Lynk & Co. Volvo, owned by China’s Zhejiang Geely Holding Group, has a separate agreement to deliver vehicles to ride-hailing company Uber that Uber will equip to operate as ...