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AI likely to think better, more strategically than humans in 2 years, SingularityNET CEO says

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AI likely to think better, more strategically than humans in 2 years, SingularityNET CEO says

Two years. That’s the amount of time human beings have before artificial intelligence becomes better thinkers and strategists than us, according to Ben Goertzel, CEO of SingularityNET, a decentralized AI marketplace.

While the artificial intelligence industry is currently focused on developing automated agents to improve market efficiency, Goertzel suggested that, for the time being, people remain the primary driver of high-level strategy. He noted that while his Quantium project can predict short-term bitcoin volatility with high accuracy, long-term strategic thinking remains a uniquely human domain, for now.

“The human brain is better at taking the imaginative leap to understand the unknown,” Goertzel said in an interview at Consensus Hong Kong. It won’t last, though. “We should enjoy it for a couple more years.”

Goertzel’s two-year countdown isn’t just an AI expert’s prediction: It’s a roadmap for the integration of SingularityNET’s decentralized AI with the broader blockchain ecosystem. As the distinction between human-driven and machine-driven markets blurs, Goertzel explained that the current bear cycle is merely a “stress test” for the infrastructure that will eventually host artificial general intelligence (AGI).

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Goertzel said he’s noted a palpable shift in energy from speculative hype to technological utility. The prevailing mindset among the conference’s attendees has changed, he said. The focus has moved from the “depressing” fluctuations of exchange rates toward the sophisticated integration of decentralized finance (DeFi) with traditional financial systems.

To Goertzel, this indicates that the technology has reached a stage where it works reliably for complex, real-world applications.

Furthermore, he highlighted the explosive growth of decentralized AI projects at the event as a sign the industry is poised for a major convergence, where blockchain provides the necessary data sovereignty and security for the next generation of artificial intelligence.

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Crypto World

Fake Ledger Device Sold Chinese Marketplace: Research

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China, Ledger, Hardware Wallet, Cybersecurity, Hacks

A Brazilian security researcher has warned others of the latest counterfeit Ledger device scam aimed at stealing users’ crypto.

Posting as “Past_Computer2901” on the “ledgerwallet” Reddit channel on Thursday, the security researcher said they purchased what they thought was a legitimate Ledger device for personal use, but soon realized after it arrived that it was a sophisticated counterfeit aimed at stealing user funds. 

“This isn’t meant to cause panic, but rather to serve as a serious warning — I’m honestly still a bit shaken by the sheer scale of this operation,” they said. 

Scammers are adopting increasingly sophisticated strategies to target users opting for self-custody, from supply chain attacks to social engineering and approval scams.

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Earlier this month, more than 50 victims were tricked into revealing their seed phrases on a fake Ledger Live app that made its way to the Apple App Store via a bait-and-switch strategy. The victims lost a combined $9.5 million before Apple took down the malicious app.

How the counterfeit Ledger device scam works

The researcher said he bought the Ledger Nano S Plus from a Chinese marketplace, which was priced the same as the official Ledger store. The packaging and the listing also appeared legitimate at first.

However, when they connected the device to the genuine Ledger Live app — which was luckily already installed on their computer — it failed Ledger’s built-in “Genuine Check.” 

This prompted them to pull apart the device, discovering modified hardware and firmware designed to capture and expose sensitive wallet data.

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The security researcher said the scammers target first-time Ledger users, as the QR code that comes in the box would normally direct users to download a malicious version of the Ledger Live app that would show a fake “Genuine Check.”

Users continuing to follow the prompts will eventually allow scammers to obtain a user’s seed phrases and drain funds at any time.

China, Ledger, Hardware Wallet, Cybersecurity, Hacks
Picture of the counterfeit Ledger device being taken apart. Source: Reddit

“Stay safe out there. Only download Ledger Live from ledger.com. Only buy hardware from ledger.com,” the security researcher said. 

“If your device fails the Genuine Check — stop using it immediately.”

After pulling apart the device, they discovered clear signs of tampering, including scraped chip markings and a WiFi and Bluetooth antenna embedded inside the unit. 

Legitimate Ledger hardware products are designed to keep private keys fully offline.

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Related: Musician loses $420K Bitcoin ‘retirement fund’ via fake Ledger app

The security researcher then looked into the firmware, putting the “chip into boot mode,” which initially identified the device as a Nano S Plus 7704 with an attached serial number.

However, once the boot sequence completed, another manufacturer’s name showed up: Espressif Systems, a publicly listed Chinese semiconductor company based in Shanghai.

Cointelegraph reached out to Espressif for comment but didn’t receive an immediate response.

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