News & Articles By Sterling Ashworth
08/16/2026
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By Sterling Ashworth
Bloomberg: Phoebe Gates Knew About Shopping App’s “Cookie Stuffing” Scheme
Phoebe Gates, daughter of Microsoft co-founder Bill Gates, was aware for months that her shopping startup Phia was collecting affiliate commissions on sales it did not generate, according to Bloomberg. Internal Slack messages and source code reportedly showed that the younger Gates and co-founder Sophia Kianni knew about the practice, known as “cookie stuffing,” before […]
08/16/2026
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By Sterling Ashworth
White House Allows TikTok on Government Devices, Reversing 2022 Ban
Federal employees can once again use TikTok on their government-issued devices, according to a Department of Justice (DOJ) memorandum released July 17 [1]. On Aug. 10, the Office of Management and Budget (OMB) issued a memorandum to heads of executive departments and agencies stating that “TikTok may be used on government devices,” according to The […]
08/15/2026
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By Sterling Ashworth
Chinese AI Models Outperform Restricted U.S. Systems in Bitcoin Security Work, Developers Say
Bitcoin developers and company leaders say they are relying on Chinese open-source artificial intelligence (AI) models because OpenAI and Anthropic restrict legitimate defensive security work, according to statements cited by Bitcoin Magazine. Rob Hamilton, CEO of Bitcoin self-custody insurance company AnchorWatch, said he was blocked from further analysis after integrating OpenAI’s trusted cyber program. “It […]
07/27/2026
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By Sterling Ashworth
Big Tech’s $1.65 Trillion in Off-Balance-Sheet AI Debt: A Closer Look at the Hidden Leverage
Alphabet, Microsoft, Amazon, Meta, and Oracle collectively carry $1.65 trillion in off-balance-sheet debt tied to AI infrastructure, according to a Nikkei study cited by The Next Web. That figure is roughly eight times what it was four years ago and exceeds the $1.35 trillion the five companies report on their balance sheets. The debt is […]
07/17/2026
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By Sterling Ashworth
Copper Crisis Deepens: IEA Warns of Acid Shortfall, Supply Cuts, and a 25% Deficit by 2035
The International Energy Agency’s Global Critical Minerals Outlook 2026 states that the short- and medium-term copper supply outlook has worsened considerably, driven by a copper supply shortage that threatens over 15% of global copper output produced via leaching. The Paris-based agency warned that the copper market faces a strong set of near-term challenges despite a […]
07/09/2026
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By Sterling Ashworth
Washington’s Trade Deficit Hit $77.6B in May Amid Increase of AI Component Imports
The U.S. Department of Commerce (DOC) reported on Tuesday, July 7, that the country’s trade deficit widened sharply in May 2026 – amid a surge of imports of semiconductors, computer accessories and other artificial intelligence (AI) components. Exports fell 3.2% while imports rose 3.3%, according to the report. The swing reflects strong U.S. demand for advanced electronics, particularly […]
06/07/2026
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By Sterling Ashworth
U.S. Treasury Sanctions Iran’s Nobitex Crypto Exchange Amid Regional Conflict
The U.S. Treasury Department imposed sanctions on Nobitex, Iran’s largest cryptocurrency exchange, accusing it of facilitating transactions for Iran’s military, according to a Treasury statement [1]. The action, conducted by the Office of Foreign Assets Control (OFAC), blocks all assets held by the exchange under U.S. jurisdiction and prohibits U.S. persons from engaging in transactions […]
05/31/2026
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By Sterling Ashworth
Bitcoin Hash Rate Flattens as Miners Face AI Squeeze, Fidelity Report Says
Bitcoin’s network hash rate has stalled and mining difficulty has dropped sharply in 2026, signaling that miners are redirecting power and capital toward artificial intelligence (AI) data center workloads, according to multiple industry reports. A mid-year update from Fidelity Digital Assets, as summarized by third-party outlets, describes the year as one of “structural retooling,” where […]
04/27/2026
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By Sterling Ashworth
DOJ Announces Recovery of $700 Million from Chinese-Linked Crypto Scam Compound, Funds to Be Returned to U.S. Victims
DOJ Announces Asset Seizure and Victim Compensation Plan U.S. Attorney Jeanine Pirro announced in Washington, D.C. on Thursday, April 23, that the Department of Justice (DOJ) has recovered $700 million from Chinese cryptocurrency scammers, with plans to return the funds to American victims. The announcement detailed that the funds, which had been restrained to prevent further […]
04/24/2026
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By Sterling Ashworth
U.S. Admiral Highlights Bitcoin’s Cybersecurity Applications in Senate Testimony
WASHINGTON — U.S. Navy Admiral Samuel Paparo called Bitcoin a “valuable computer science tool” for U.S. “power projection,” stating its proof-of-work technology has “really important” applications for cybersecurity, according to testimony delivered during a Senate Armed Services Committee hearing on April 22, 2026. The hearing examined the strategic posture of U.S. forces concerning threats from […]
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