$40 billion-plus crypto fraud scheme results in 15-year prison sentence for its creator — nine criminal counts include wire fraud and money laundering

(Image credit: Getty Images)

In the cryptocurrency world, stablecoins like USDC and UST are meant to have a fixed value of one U.S. dollar, and a corresponding verifiable backing of some form. That was not the case for the UST token from the Terra project, which crashed in 2022 (no relation to USDT aka Tether). Do Kwon, the project's South Korean leader, was sentenced to 15 years in prison in the aftermath of a scheme that caused an estimated

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3D print

Creality Falcon2 Pro 60 Watt Laser Engraver review: Deep cuts and fine engravings

Tom's Hardware Verdict

The $1,899 Creality Falcon2 Pro 60W can cut through plywood faster than you could draw on it, but the fragile enclosure and wobbly material slats keep this engraver from being a knockout.

Pros

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    Powerful 60W laser module cuts easily through common materials

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    Sliding tray makes cleaning between jobs very easy

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    Keyed switch, magnetic interlock, E-Stop, and other included safety features

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    External air assist keeps cuts from charring

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    Large 400 x 4

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Germany summons Russian ambassador over GRU-linked cyberattacks — air traffic control and elections systems targeted

(Image credit: Microsoft)

Germany has formally summoned Russia’s ambassador in Berlin after publicly attributing a series of cyber and influence operations to Moscow’s GRU military intelligence agency. The action escalates a dispute over what Berlin describes as a sustained campaign of hybrid attacks against the country, warning that there will be “consequences”.

At a government press conference on Friday, December 12, Foreign Ministry spokesman Martin Giese said Germany had observed a “massive increase” in hostile hybrid activity linked to Russia, ranging from

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Bitcoin creator Satoshi disappeared on this day 15 years ago, leaving a final public message — 'I've moved on to other things,' true identity of Satoshi Nakamoto entity remains unknown

(Image credit: Fekist on Wikipedia CC BY-SA 4.0 )

Despite the colossal influence of cryptocurrencies on commerce, computing, and even politics, the true identity of the presumed pseudonymous Bitcoin creator, Satoshi Nakamoto, remains a mystery in 2025. Making things trickier for identity sleuths, this individual (or perhaps the name represents a group?) disappeared without a trace on this day in 2010, that’s exactly 15 years ago.

On this day 15 years ago

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Intel

AMD, Intel, and TI are ‘merchants of death’ says lawyer representing Ukrainian civilians — five new suits complain that Russian drones and missiles continue to use high-tech components from these bra

(Image credit: Getty Images)

Five lawsuits were filed in Texas this week, putting some of the biggest names in PC tech under an uncomfortable spotlight. AMD, Intel, Texas Instruments, and a company owned by Berkshire Hathaway were accused of failing to do enough to prevent their technologies from falling into Russia’s sanctioned hands, according to Bloomberg . Some of the accusatory language was highly charged, criticizing the American tech titans for “willful ignorance” or even for being “merchants of death.”

The US,

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Nvidia weighs expanding H200 production as new China orders rush in, report claims — ByteDance and Alibaba listed as suitors for 'large orders' in the wake of sanctions lift

(Image credit: Getty / Bloomberg)

Nvidia is evaluating whether to increase production of its H200 data center GPUs after demand from Chinese customers is expected to exceed current supply, according to people familiar with the matter, as reported by Reuters . The discussions follow a policy shift this week in which the U.S. government said Nvidia would be allowed to export the H200 to China under a framework that includes a 25% fee on sales .

Reuters reports that Nvidia has already briefed Chinese

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Oracle reportedly delays several new OpenAI data centers because of shortages — tight material and labor supply frustrate expansion plans, possibly by a year or more

(Image credit: Oracle)

Oracle has revised delivery schedules for several large AI data centers it is building for OpenAI from 2027 to 2028, Bloomberg reports, citing people familiar with the matter. The delayed facilities are parts of Oracle's commitments under the Stargate AI infrastructure program jointly announced in January by Oracle, OpenAI, and SoftBank

Bloomberg's sources familiar with the projects reportedly blame shortages of skilled labor and 'materials' for the setback, though it is unclear whether by 'materials

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Intel

Jump on $740 worth of hardware, including $410 worth of DDR5 RAM, in this $480 Newegg AM5 bundle — 32GB offering also includes an X870E motherboard and even a free 240mm AIO cooler

(Image credit: Future)

Another superb RAM-inspired bundle deal from Newegg. This is going to be an ongoing theme for a while until RAM prices start to regulate anywhere near back to normal, or at least an acceptable level. There are no specific price decreases on the RAM kits themselves, but rather the savings come by offsetting the RAM price with the discounts on bundled extras - in this case, it's a motherboard and AIO CPU cooler. You can find this deal at Newegg, where the combo

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Intel

Intel Core Ultra 7 270K Plus and Core Ultra 9 290K Plus spotted at Indian retailer — listings appear to corroborate prior leaks but don't reveal pricing or new info for upcoming Arrow Lake refresh

Raptor Lake CPU (Image credit: Intel)

As we inch closer to CES 2026 next month, the rumor mill surrounding Intel's upcoming Arrow Lake refresh churns intensely. Just a few days ago, we covered the Core Ultra 7 270K Plus appearing on Geekbench for the first time, and now that same chip, alongside the rumored flagship Core Ultra 9 290K Plus, has been spotted at a retailer. Obligatory grain-of-salt disclaimer aside, these listings don'

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Intel

Huawei's latest mobile is armed with China's most advanced process node to date despite using blacklisted chipmaker — Huawei Kirin 9030 mobile SoC made on SMIC N+3 process, but can't compete with 5nm

(Image credit: SMIC)

TechInsights , a respected microelectronics research company, has examined Huawei's latest HiSilicon Kirin 9030 processor and discovered that it was made using what they call N+3 fabrication technology, the most advanced manufacturing process that China's Semiconductor Manufacturing International Corp. (SMIC) has to offer. Although TechInsights claims that SMIC's N+3 is a step towards 5nm, it lags behind 5nm-class fabrication technologies from leading chipmakers.

Huawei's HiSilicon Kirin 9

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