Sam Altman thinks giving everyone ‘a slice of GPT’ could pay for UBI
He also reiterated his call for an international safety agency to protect against existential threats related to AI.
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North Korea’s Lazarus Group responsible for $55M CoinEx hack: Report
Security firm SlowMist estimated that at least $55 million in digital assets were taken by the CoinEx hackers. 334 Total views 3 Total shares The attack on crypto exchange CoinEx which drained at least $55 million was carried out by the North Korean hacker group Lazarus, according to blockchain security firm SlowMist and on-chain investigator

Israeli Software Firm Goes Behind Regulator’s Back to Pay $250,000 in BTC Ransom
Israel-based Sapiens reportedly paid in Bitcoins for a ransom requested during an attack that reportedly happened between March and April. 1019 Total views 29 Total shares An Israel-based company reportedly paid $250,000 in Bitcoin for a ransom payment demanded by hackers that threatened to shut down its systems after a ransomware attack.According to a source…

Crypto funding drops 20% in Q3 due to ‘barbell market’ — Galaxy Digital
Bitcoin and low-cap, high-risk memecoins led the crypto market in the third quarter leading venture capitalists to overlook mid-tier projects.

Gas-free transactions will revolutionize Web3
Scalability is one of the main hindrances within decentralized finance (DeFi) applications and has created huge barriers to entry. Closely linked to this has been the issue of high gas fees, which continues to be a major pain point for newcomers to the Web3 space. When Web3 goes mainstream, these gas costs will become minimal.…

Metaplanet wraps crypto media deal months after buying first Bitcoin
Japan’s Metaplanet has been gathering up Bitcoin for around six months and now wants to enter the crypto media space launching a local version of Bitcoin Magazine.

Blockchain technology lets East African farmers sell globally
Small farmers in the developing world may be on the cusp of an agricultural breakthrough. With emerging technologies like satellite imagery, drones and machine learning boosting productivity, it’s becoming more viable than ever to sell their produce in places like Western Europe. There’s just one catch: avocado farmers in East Africa or coffee growers in Latin…

Bancor’s Bug Exposes Dangerously Common Practice in Ethereum DeFi
A vulnerability discovered on Bancor on June 18 would have allowed hackers to simply drain the funds of anyone who interacted with its smart contracts. The exploit relied on the concept of withdrawal authorization, introduced in the ERC-20 standard. This allows various Ethereum (ETH) DApps to automatically withdraw money from users’ wallets.As Oded Leiba, a…

Yes, the Secret Service has an NFT collection, and no, it’s not for sale
The United States Secret Service has finally shed more light on its bizarre nonfungible token (NFT) collection sitting on OpenSea. The NFT collection was first revealed during a Reddit AMA on May 16, where agents answered questions from members of the r/cryptocurrency subreddit about their involvement in crypto and blockchain tech. Until this time, not much…