AI Enters the Arena: A New Paradigm in Recovering Lost or Stolen Crypto Assets in the USA
The rise of cryptocurrencies has brought about a new era of digital finance, offering numerous benefits such as decentralization, anonymity, and fast transaction times. However, this new frontier has also attracted bad actors looking to take advantage of the unregulated nature of the market. As a result, crypto asset losses due to theft and misplacement have become a significant concern for investors and law enforcement agencies alike.
Traditional methods of recovering lost or stolen crypto assets have proven to be time-consuming, expensive, and often ineffective. However, the integration of artificial intelligence (AI) into the crypto recovery process is revolutionizing the industry and providing a new paradigm for victims to reclaim their digital assets.
Understanding the Challenge
Crypto assets are stored in digital wallets, which are protected by a pair of cryptographic keys. If a user loses access to their private key, they lose access to their crypto assets. Similarly, if a hacker gains access to a user's private key, they can transfer the assets to their own wallet, making it nearly impossible for the victim to recover their funds.
Moreover, the pseudo-anonymous nature of cryptocurrencies makes it challenging for law enforcement agencies to track down and apprehend cybercriminals. The blockchain ledger, which records all transactions, does not contain personally identifiable information, making it difficult to link transactions to specific individuals.
The AI Solution
AI-powered crypto recovery firms like Tawny Swift Ltd. are leveraging advanced technologies such as machine learning, natural language processing, and blockchain analytics to develop innovative solutions for recovering lost or stolen crypto assets in the USA.
How Victims Can Get Help
Victims of crypto theft or misplacement can reach out to specialized crypto recovery firms like Tawny Swift Ltd. for help. These firms have a team of experts who are well-versed in the latest AI-powered recovery techniques and have a proven track record of success in recovering lost or stolen crypto assets.
The recovery process typically involves an initial consultation, during which the victim provides details of the theft or misplacement. The recovery firm then conducts a thorough investigation, using AI-powered tools and techniques to trace the flow of assets and identify potential threats. Based on the findings, the recovery firm develops a customized recovery plan, which may involve working with law enforcement agencies, negotiating with the cybercriminal, or using legal means to reclaim the assets.
Conclusion
The integration of AI into the crypto recovery process is a game-changer, providing a new paradigm for victims to reclaim their lost or stolen crypto assets. By leveraging advanced technologies such as machine learning, natural language processing, and blockchain analytics, AI- powered recovery firms like Tawny Swift Ltd. are enabling victims to recover their assets quickly, efficiently, and cost-effectively. If you have been a victim of crypto theft or misplacement, reach out to a specialized crypto recovery firm for help.
Source published by Submit Press Release >> AI Enters the Arena: A New Paradigm in Recovering Lost or Stolen Crypto Assets in the USA
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
14 minutes ago
- Yahoo
AI Could Replace Millions of Jobs: Robert Kiyosaki Shares How To Stay Safe
As artificial intelligence (AI) continues to advance, it will have a significant impact on the workforce as we know it. According to a recent McKinsey report, 30% of hours currently worked across the U.S. economy could be automated by 2030, and a National University report found that 300 million jobs could be lost to AI globally. Check Out: Read Next: 'Rich Dad Poor Dad' author Robert Kiyosaki views this as a major cause for concern, especially for those who are just entering the workforce. 'AI will cause many 'smart students' to lose their jobs,' he shared on X. 'AI will cause massive unemployment. Many still have student loan debt.' However, all hope is not lost, as Kiyosaki offered his advice on how to prevent AI from eliminating your income. Robert Kiyosaki: AI Can't Take a Job That You Don't Have Kiyosaki isn't personally worried that AI advances will affect his cash flow. 'AI cannot fire me because I do not have a job,' he wrote. Kiyosaki bucked a traditional path to wealth and instead relies on his own business and investments for his income. 'Years ago, rather than listen to my poor dad's advice of 'Go to school, get good grades, get a job, pay taxes, get out of debt, save money, and invest in a well-diversified portfolio of stocks, bonds and mutual funds,' I followed my rich dad's advice,' he said. 'I became an entrepreneur, investing in real estate using debt, and instead of saving fake money, I have been saving real gold, silver and, today, bitcoin.' Learn More: Kiyosaki's Advice for AI-Proofing Your Wealth To avoid losing your income to AI, Kiyosaki advised workers to take action now to diversify their income sources. This means meandering off the typical path to wealth and focusing on earning money through entrepreneurship and investments rather than being reliant on an employer. 'Please take proactive action,' he wrote. 'Please do not be a victim of this time in history. Please take care, invest in your self and think for yourself. These are not ordinary times.' More From GOBankingRates 3 Luxury SUVs That Will Have Massive Price Drops in Summer 2025 How Much Money Is Needed To Be Considered Middle Class in Your State? 7 Things You'll Be Happy You Downsized in Retirement This article originally appeared on AI Could Replace Millions of Jobs: Robert Kiyosaki Shares How To Stay Safe
Yahoo
14 minutes ago
- Yahoo
Why you might one day use stablecoins in place of credit cards or bank accounts
If you're buying a new laptop or pair of shoes today, you may encounter a host of payment options: a credit or debit card, PayPal, Apple Pay, or buy now, pay later plans. Soon, you could see another option at checkout: stablecoins. President Trump recently signed the Guiding and Establishing National Innovation for US Stablecoins Act, or GENIUS Act, establishing federal regulations for stablecoins. Many observers believe that by establishing clear rules, lawmakers have paved the way for cryptocurrency to go mainstream as a means of payment. Even if you've never dabbled in crypto, the new law could change the way you shop, send money, get paid, and bank. What is a stablecoin? Stablecoin is a form of crypto, meaning it's digital money that runs on a blockchain network. But it's a bit different from many mainstream cryptocurrencies. Many popular cryptos like bitcoin and ethereum are notorious for their wild price swings. That volatility makes them popular with investors seeking to profit from those ups and downs. But it also makes them impractical to use as currency. As the name implies, stablecoins are intended to have a stable value. Their value is pegged to the value of another asset, usually the US dollar. For example, one token of tether or USDC (two of the most popular stablecoins) is worth exactly $1. Because its value doesn't have the dramatic highs and lows associated with most cryptos, it's a viable way to pay for goods and services or transfer funds. At the same time, it also avoids a lot of the headaches associated with traditional banking. 'Many traditional cards charge merchants 2% to 3% in fees, a cost that is ultimately passed on to consumers,' said Himal Makwana, senior vice president and head of strategy and new initiatives at Fidelity National Information Services Inc. 'Stablecoin transactions, on the other hand, can cost just pennies regardless of transaction size. For consumers, this means no more waiting days for funds to clear, no more exorbitant fees for sending money abroad, and no more banking hours limiting when you can move your money.' Even before the passage of the GENIUS Act, stablecoins were surging in popularity. Circulation has doubled to about $30 billion in daily transactions over the past 18 months, according to a July 2025 McKinsey & Co. report. But stablecoins still aren't a fixture in consumer payments and spending. They've largely been used for trading into and out of other types of crypto and, to a lesser extent, sending payments across international borders. Read more: Stablecoins go mainstream after Circle's blockbuster IPO. Here's what they do. What's changing under the GENIUS Act? The GENIUS Act is the first major federal law regulating crypto. The CLARITY Act, a second crypto regulation bill, recently won approval from the US House of Representatives. Upon signing the act into law, Trump — whose family owns a stake in World Liberty Financial, which recently launched a stablecoin of its own — said the GENIUS Act 'creates a clear and simple regulatory framework to establish and unleash the immense promise of dollar-backed stablecoins.' The law establishes who can issue stablecoins and requires a 1:1 reserve backing with cash or short-term US Treasury securities. In other words, if you buy $1 of stablecoin, the issuer must keep $1 in cash or cash equivalents in reserve. It also establishes various marketing rules, like prohibiting issuers from advertising that their stablecoins are federally backed or insured, as well as anti-money laundering regulations. 'The GENIUS Act is a major step toward making stablecoins safer and more widely used,' said Erick McAfee, director of growth at pay-as-you-go app Supertab. 'With clear rules in place, people will start to see faster, simpler ways to pay and get paid, especially online. Over time, this could change how we think about everyday payments, making them feel more like messaging: quick, easy, and reliable.' How the GENIUS Act could affect you The specifics of the GENIUS Act may sound wonky at first blush. But if the law does end up propelling stablecoins into the mainstream, here are a few things you can expect. More merchant acceptance… but what's in it for you? Credit card processing fees can run as high as 3.5%, plus merchants pay a flat fee for each transaction. Meanwhile, traditional payment methods can often take several days to settle. By comparison, stablecoin transactions typically cost less than $0.1 and offer near-instant settlement. Not surprisingly, many businesses are expected to embrace stablecoins and the potential cost and time savings. As a customer, you may not reap many benefits by paying with stablecoin instead of your credit card right away. 'In the short term, there aren't that many advantages to paying with a stablecoin compared to a traditional payment card,' said Mike Hudack, CEO of Sling Money, a fintech company that uses stablecoins to facilitate payment transfers. 'Traditional payment cards have consumer protections that stablecoins don't. This will change over time. There's lots of work going on to address this gap.' It's possible that merchants will find ways to incentivize stablecoin payments. For example, a merchant could pass on a portion of their savings from processing fees by giving you a discount when you pay with stablecoins instead of a credit card. In the long term, you could see retailers issuing their own stablecoins. Both Amazon and Walmart have reportedly toyed with the idea. Doing so would keep customers spending within their ecosystems while also saving retailers money. But the wider benefit to customers isn't entirely clear. Investment banking giant Morgan Stanley compared the prospect to digital prepaid gift cards in a recent report to clients. Essentially, you're giving money to a retailer to hold on to so that you can spend it at a later date. Greater acceptance of micro-payments Credit card processing fees make it prohibitively expensive for businesses to accept micro-payments of a few cents to a few dollars. But micro-payments could gain acceptance if stablecoin usage takes off. 'Before, sending someone a few cents wasn't worth it because the fees were higher than the payment itself,' McAfee said. 'With stablecoin, you can support creators, pay per article or feature, or tip someone instantly, without worrying about cost or delays. It supports entirely new monetization models that reward engagement, not just big purchases.' Faster, cheaper international transfers If you've ever sent funds to loved ones in another country, you're no doubt familiar with the pain points of making international transfers. The World Bank estimates that remittances cost the sender about 6.62% of each transfer, which amounts to about $31 of a $500 transfer. International wire transfers can also take anywhere from one to five days to complete. Wider adoption of stablecoins could be a game-changer for international transfers, given the low costs and speed. Cross-border stablecoin foreign transaction fees are minimal, and transfers can be executed immediately. 'What used to take days and cost $30-plus now takes seconds and costs less than a penny,' Hudack said. Your bank will want in on the action Given the potential disruption to traditional payment rails, major financial institutions are exploring whether to issue their own stablecoins. Bank of America, JPMorgan & Chase, Wells Fargo, and Citigroup have explored the possibility of issuing stablecoins, both independently or by teaming up. But the impact on you and your bank account has yet to be seen. Under the GENIUS Act, stablecoin issuers are banned from paying interest on stablecoins held in reserve. Unlike money you might park in a high-yield savings account and earn 3% or 4% interest on, funds held in stablecoins aren't earning interest. Also, funds held in stablecoins aren't insured by the Federal Insurance Deposit Corp. or the National Credit Union Association. You may not even notice you're using stablecoins If the idea of converting your dollars to stablecoins gives you a headache, rest assured: A lot of the changes you could see as the result of broader stablecoin usage won't require you to understand how stablecoin works. 'At first, stablecoins will just be implemented in the background. Instead of routing through banking rails, your payment might move over a stablecoin network and settle instantly,' Hudack said. 'You won't need to think about 'converting' into stablecoins any more than you think about how Netflix streams video through fiber.' He points to his own platform, Sling Money, as an example: It uses stablecoins to facilitate transfers, but users move money in the same way they would with other platforms. 'The only difference for the end-consumer is that the transaction is near-instant and near-free,' Hudack said. 'But the fundamental physics of stablecoins are different than fiat money and enable a lot of new experiences that aren't otherwise possible.' Sign up for the Mind Your Money newsletter Sign in to access your portfolio
Newsweek
16 minutes ago
- Newsweek
DOGE AI Tool to Target 100K Federal Rules for Elimination: Report
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. The Department of Government Efficiency (DOGE) is reportedly using a newly developed artificial intelligence (AI) tool to accelerate the rollback of federal regulations, with a stated goal of eliminating 50 percent of all federal rules by the first anniversary of President Donald Trump's second inauguration, according to a Saturday report from The Washington Post. Internal documents reviewed by the newspaper, along with interviews with four government officials familiar with the project, reveal an ambitious timeline and a wide-ranging use of the tool across various agencies. Newsweek has reached out to the White House for comment via email on Saturday. Why It Matters DOGE was created by Trump through an executive order to improve efficiency and reduce waste in the federal government. It was led by billionaire Elon Musk who departed the administration in May. The reported plan represents one of the most aggressive attempts by the Trump administration to overhaul the federal regulatory system. By automating the deregulation process, the administration aims to reduce government spending and compliance burdens significantly. However, the use of AI to interpret complex legal language and determine regulatory necessity raises legal and practical concerns, particularly regarding accuracy, oversight, and the future role of civil servants in shaping public policy, according to the Post. What to Know The "DOGE AI Deregulation Decision Tool," developed by engineers brought into government under Elon Musk's DOGE initiative, is programmed to scan about 200,000 existing federal rules and flag those that are either outdated or not legally required. According to a PowerPoint presentation dated July 1 that was obtained by the newspaper, the tool estimates that approximately 100,000 of those rules could be eliminated, primarily through automation with minimal human input. The projection claims this could save trillions in compliance costs and spark increased external investment. At the Department of Housing and Urban Development (HUD), AI has already reviewed over 1,000 regulatory sections in under two weeks. Similarly, it was responsible for "100% of deregulations" at the Consumer Financial Protection Bureau (CFPB), according to the PowerPoint presentation. The Post, however, reported it was not able to confirm the use of AI at the agency independently. When asked about the use of AI for deregulation, White House spokesman Harrison Fields emphasized to the newspaper that "all options are being explored" to meet the president's deregulation goals. He clarified that no single plan has been finalized, and the effort is still in early, creative stages with ongoing consultation within the White House. DOGE plans to complete agency-specific deregulation lists by September 1 and finish nationwide rollout by January 20, 2026—labeled in internal documents as "Relaunch America." Agencies are currently receiving training on how to integrate the AI tool into their regulatory review process. The presentation claims the tool could save 93 percent of the labor typically required to gut federal rules, reducing what would usually take 3.6 million work hours to just 36. Despite these goals, some federal employees expressed concern about accuracy. One HUD employee told the Post that the AI misinterpreted statutes and flagged legal language as non-compliant when it was accurate. HUD confirmed to the newspaper that while the agency is exploring AI to streamline efficiency, the system is not intended to replace expert judgment. The push to eliminate regulations is not new for Trump. In January, he issued an executive order mandating the repeal of 10 rules for every new one added. Departments like Transportation and Labor have already reported dozens of regulatory cuts. However, experts question whether such repeals will withstand scrutiny under the Administrative Procedure Act, which governs the legal process for rescinding rules. Previous attempts to bypass procedural safeguards—such as Trump's reversal of showerhead regulations—have faced legal scrutiny. DOGE's lawyers have reportedly vetted the tool, but concerns remain about whether its recommendations will be upheld in court or trusted by the private sector. While DOGE initially tried to play a leading role in the deregulation campaign, internal resistance from federal employees has slowed momentum. Agencies questioned DOGE's subject matter expertise and hesitated to outsource rulemaking authority to a third-party system. Moreover, the administration's efforts to downsize the federal workforce have hampered its ability to implement the deregulation strategy. An American flag waves at the U.S. Capitol Building on June 10 in Washington, D.C. An American flag waves at the U.S. Capitol Building on June 10 in Washington, People Are Saying Nicholas Bagley, a law professor at the University of Michigan, told The Washington Post about Trump's unilateral efforts to cut regulations: "There's been some flashy sideshow efforts to avoid the legal strictures, but in general, they don't stick." White House spokesman Harrison Fields wrote in an email obtained by The Washington Post: "The DOGE experts creating these plans are the best and brightest in the business and are embarking on a never-before-attempted transformation of government systems and operations to enhance efficiency and effectiveness." What Happens Next? Over the next several months, agencies will use the DOGE AI tool to select rules for repeal, respond to public comments, and finalize deregulation plans. Whether the courts, the public, and the agencies themselves accept that transformation remains uncertain.
