Microsoft and Apple renounce OpenAI board membership
After investing $13 billion in OpenAI last year, Microsoft is distancing itself from the AI startup amid growing scrutiny from regulators.
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Grand Theft Crypto: The State of Cryptocurrency-Stealing Malware and Other Nasty Techniques
Much of digital assets’ appeal stems from the fact that many of them are not affiliated with or controlled by governments, central banks or transnational corporations (at least, not yet). The price paid for the independence from institutions of global capitalism, though, might sometimes be extremely high, as, in the event of cryptocurrency theft, there…

Former Meta execs raise $300M to ‘accelerate adoption’ of Sui blockchain
Investors included FTX Ventures, Coinbase Ventures, Jump Crypto, a16z, Circle Ventures, among others. 266 Total views 4 Total shares Mysten Labs, the company behind the yet-to-launch layer-1 blockchain Sui has raised $300 million aimed at building core infrastructure and accelerating the adoption of its Sui blockchain ecosystem. The blockchain company, which was founded by former executives…

‘Bitcoin is the king of crypto and it’s here to stay’ says eToro CEO
Some regions may want to ban Bitcoin, but industry experts say BTC is here to stay 976 Total views 5 Total shares While countries like El Salvador have welcomed Bitcoin (BTC) with open arms, other regions are pushing to legally ban the digital currency. Although this may be, some industry experts believe that Bitcoin is…

US Treasury Secretary floats idea of digital dollar maintained by the Fed
She still questioned how regulators would "manage money laundering and illicit finance issues" with digital currencies. 844 Total views 8 Total shares Janet Yellen may be open to having U.S. regulators consider a digital currency, but still seems to have strong concerns about Bitcoin.In an interview on the New York Times' DealBook DC Policy Project…

New Bitcoin hash rate highs remove any trace of China mining ban
China’s exit from Bitcoin mining is now all but unnoticeable as network fundamentals take care of their own recovery. 1793 Total views 48 Total shares Bitcoin (BTC) has all but deleted any trace of the mining ban, which saw its hash rate dive 50% this year.According to the latest estimates, the network hash rate is now…

An AI bot didn’t create the GOAT crypto token — but did shill it
An a16z-funded AI bot called Truth Terminal did not launch a memecoin called GOAT, but it did endorse the token and sent it briefly rallying to a value of just over $150 million.

Billionaires lose billions: What’s happening with Elon Musk and Sam Bankman-Fried?
In a matter of weeks, two major players in the tech industry have seen their net worth drop by billions of dollars — partly the result of their own business decisions.Sam Bankman-Fried, the now former CEO of crypto exchange FTX, reportedly had a net worth of roughly $24 billion in March and $16 billion as…

WazirX to reverse trades after $235M crypto hack
WazirX, one of the largest crypto exchanges in India, lost $235 million to a multisig wallet security breach in July 2024.