Io.net Takes Swift Action in Response to GPU Metadata Cyberattack
Io.net, a decentralized physical infrastructure network (DePIN), recently faced a significant cybersecurity challenge. This incident involved a SQL injection attack facilitated by exposed user ID tokens, leading to unauthorized alterations…
Fisker Cuts Workforce Again to ‘Preserve Cash’
Fisker Inc., an electric vehicle startup, has initiated another round of layoffs in an effort to conserve cash amidst financial strains. This decision comes just one week after the company…
DOJ Refutes Tornado Cash Co-Founder’s Dismissal Request Over Charges
The United States Department of Justice (DOJ) has recently opposed a motion to dismiss the charges against Roman Storm, co-founder of Tornado Cash, reinforcing its stance that the matter involves…
Epic Games Set to Launch Fortnite on iPad as EU Labels iPadOS a Gatekeeper
Following the European Union’s classification of Apple’s iPadOS as a “gatekeeper” under its Digital Markets Act (DMA), Epic Games announced its plans to launch its hit battle royale game, Fortnite,…
Pula secures $20M Series B to offer agricultural insurance in Africa, Asia, and Latin America
Founded in 2015, Pula is a Kenyan-based insurtech firm that has been pioneering efforts to increase access to agricultural insurance for smallholder farmers across emerging markets. Their approach has been…
Cyberattack on Change Healthcare Could Affect Up to One-Third of Americans, UnitedHealth CEO Predicts
UnitedHealth Group CEO Andrew Witty disclosed on Wednesday in Congressional testimony that the recent cyberattack on Change Healthcare, a subsidiary of UnitedHealth, might have compromised the data of roughly one-third…
Visa’s New Dashboard Offers Refined Stablecoin Analytics by Filtering Out Extraneous Data
Visa has introduced a groundbreaking Online Analytics Dashboard aimed at demystifying stablecoin data by offering streamlined, comprehensible insights. This initiative underscores Visa’s commitment to enhancing the transparency and accessibility of…
Google Announces Layoffs Across Flutter, Dart, and Python Teams Ahead of I/O Conference
Google has recently announced layoffs affecting several key teams, including those working on Flutter, Dart, Python, and other technologies. This development comes as a precursor to the company’s annual I/O…
Runes Transactions Account for Over Two-Thirds of Bitcoin Activity Since Its Debut
Following the recent halving event on April 20, the Bitcoin blockchain has witnessed the emergence of the Runes token standard, which has quickly accounted for a majority of the network’s…
OpenAI Forms Strategic Partnership with Financial Times to Enhance AI Model Training
OpenAI, the creator of the widely recognized AI chatbot ChatGPT, has announced a strategic partnership and licensing agreement with the Financial Times (FT), a major news organization based in London.…
Debate Erupts Over Google Cloud’s New Web3 Portal in Crypto Community
Google Cloud recently unveiled a new Web3 portal designed to provide blockchain developers with extensive resources, including data sets and comprehensive tutorials on creating nonfungible tokens (NFTs). However, the launch…
Ford’s BlueCruise Hands-Free System Faces Scrutiny After Tragic Accidents
The U.S. National Highway Traffic Safety Administration (NHTSA) has launched an investigation into Ford’s hands-free driver-assistance system, BlueCruise, following its involvement in two fatal crashes. This investigation highlights growing concerns…
Biden’s Proposed 44.6% Capital Gains Tax Unlikely to Impact Most Crypto Investors
President Joe Biden‘s proposal to elevate the capital gains tax to a historic high of 44.6% for high earners has stirred significant debate. However, for the vast majority of cryptocurrency…
EU Extends Digital Markets Act to Apple’s iPadOS
Apple’s iPadOS will now need to adhere to the European Union’s Digital Markets Act (DMA). This decision, announced by the European Commission on Monday, April 29th, increases the number of…
According to IDC, Samsung surpasses Apple as the leading phonemaker as iPhone shipments decline.
In a recent report by research firm IDC, it has been revealed that Apple Inc. (AAPL.O) experienced a notable decline in smartphone shipments, marking a downturn of approximately 10% in…
BlackRock’s iShares Bitcoin Trust Records First Zero Inflow Day
The U.S. Bitcoin ETF market, since its inception with the launch of BlackRock’s iShares Bitcoin Trust (IBIT) on January 11, has experienced remarkable investor engagement. However, recent trends suggest a…
Terraform Labs Advocates for $1M Fine in SEC Lawsuit, Opposes Disgorgement
Terraform Labs and its co-founder, Do Kwon, are embroiled in a significant legal battle with the United States Securities and Exchange Commission (SEC). Following a jury verdict that found them…
ConsenSys Challenges SEC, Seeks Court Decision Declaring Ethereum Not a Security
ConsenSys, a pivotal figure within the Ethereum ecosystem, has initiated a legal battle against the U.S. Securities and Exchange Commission (SEC) by filing a lawsuit in a Texas federal court.…
Lawsuit Filed Against Meta for False Celebrity Endorsements in Investment Advertisements
Four individuals have initiated legal proceedings against Meta Platforms Inc.’s Japanese subsidiary for allegedly allowing fraudulent investment advertisements featuring counterfeit celebrity endorsements on its platforms, Facebook and Instagram. The lawsuit,…
Aligned Layer Garners $20M in Series A Funding to Enhance ZK Proofs on Ethereum
The Ethereum blockchain, a cornerstone of the cryptocurrency world, is on the brink of an efficiency transformation with Aligned Layer’s latest financial injection aimed at enhancing Zero-Knowledge (ZK) proofs, a…