Banks and Tech Firms Clash Over Fraud Compensation in the UK
Tensions between banks and tech companies in the UK are escalating over who should bear the financial burden of online fraud compensation. Beginning October 7, UK banks are required to…
DHS Says It Thwarted More Than 500 Crypto Ransom Attacks in 3 Years
The United States Department of Homeland Security (DHS) has reported significant success in combating ransomware cyberattacks, claiming to have disrupted hundreds of attacks, often before they occurred, and seized billions…
Smart Contract Blockchains Will Become Less Cypherpunk, Says VC Leader
The foundational “cypherpunk” values that initially inspired the development of smart contract platforms are likely to diminish over the next decade, according to Jesse Walden, managing partner of Variant Fund.…
Bitcoin ‘Still the Best-Performing Asset’ After Weak Q3
Bitcoin continues to be the top-performing asset in 2024, even after experiencing a “seasonally weak” third quarter, according to a report from the New York Digital Investment Group (NYDIG). During…
New Ethereum Proposal Aims to Increase Throughput by 50%
A recently introduced Ethereum Improvement Proposal (EIP) seeks to significantly enhance the performance of the Ethereum network by reducing block times by 33% and boosting overall data capacity. Developers claim…
Tether Teases USDT Documentary on 10th Anniversary
On its 10th anniversary, stablecoin issuer Tether announced plans to release a documentary highlighting the impact of USDT on combating inflation. The upcoming film aims to showcase the benefits of…
Telegram to Enable NFT Conversion for New Gifts Feature
Telegram CEO Pavel Durov has teased an exciting new feature that will allow for the conversion of non-fungible tokens (NFTs) amid the launch of the platform’s latest feature, Gifts. This…
LEGO Removes Crypto Scam from Homepage After Being Hacked
LEGO Group, the well-known toy manufacturer, has reportedly eliminated a “LEGO Coin” token scam that briefly appeared on its homepage following a hack on October 5. The incident has raised…
New Research Shows Martian and Lunar Sand Could Be Used for Bricks
Researchers from Trinity College Dublin have uncovered a groundbreaking technique for converting sand found on Mars and the Moon into solid bricks, marking a significant step toward establishing sustainable colonies…
Harris Blasts Arkansas Governor’s Comments About Her Lack of Biological Children
Vice President Kamala Harris responded sharply to remarks made by Arkansas GOP Governor Sarah Huckabee Sanders, who suggested that Harris “doesn’t have anything keeping her humble” because she doesn’t have…
X’s Return to Brazil Faces Further Delays After Paying Fines to Wrong Bank, Court Says
X’s return to Brazil is facing further delays after the Brazilian Supreme Court revealed that the company paid its fines to the wrong bank. This development, reported by Reuters, follows…
Mark Zuckerberg Surpasses Jeff Bezos as World’s Second Richest Person
Mark Zuckerberg has ascended to become the world’s second-richest person, surpassing Jeff Bezos according to the Bloomberg Billionaires Index. On Thursday, Zuckerberg’s net worth reached an impressive $206.2 billion, eclipsing…
YouTube Shorts Just Got a Little Longer
YouTube is rolling out significant updates to its Shorts platform, extending the maximum video length to three minutes starting on October 15. This change comes in response to user requests,…
Chinese Cyberattack Targets U.S. Broadband Providers and Wiretap Systems
Chinese hackers infiltrated the networks of U.S. broadband providers, accessing systems used by the federal government for court-authorized wiretapping, according to a Wall Street Journal report. The intrusion, targeting networks…
Visa Unveils Platform for Tokenized Digital Asset Management
Visa has officially launched its new Visa Tokenized Asset Platform (VTAP), aimed at facilitating the issuance and management of digital assets. On October 3, Visa announced the VTAP, which is…
OpenAI Introduces Canvas for Writing and Coding Projects
OpenAI is introducing Canvas, a new workspace interface aimed at enhancing project management for writing and coding within ChatGPT. This marks a significant shift from the traditional chat-based interface, offering…
Palworld Pushes Mobile Launch Despite Nintendo Lawsuit
Palworld, the creature-catching game often referred to as “Pokémon with guns,” is pressing forward with its mobile launch plans, despite a patent infringement lawsuit from Nintendo. The indie developer Pocketpair…
Spotify Launches Automatic Offline Backup Playlist for Premium Users
Spotify has launched a new feature called Offline Backup for Premium users, which automatically creates a playlist when users lose internet connection. This playlist pulls together recently queued and played…
Banks to Join SWIFT Digital Asset Trials in 2025
Banks across North America, Europe, and Asia are gearing up to participate in upcoming trials involving digital assets organized by the Society for Worldwide Interbank Financial Telecommunication (SWIFT). On October…
Coinbase Pushes CFTC for Documents to Defend Against SEC
Coinbase has filed a petition in federal court seeking to compel the Commodity Futures Trading Commission (CFTC) to provide communication records with several crypto token issuers. This request is crucial…