Karl Sebastian Greenwood, the co-founder of the $4 billion crypto pyramid scheme Onecoin, has pleaded guilty to money laundering and wire fraud charges, the U.S. Department of Justice (DOJ) said. He now faces up to 60 years in prison. Sebastian Greenwood […]
About two centuries since its inception, today’s computers still use integrated circuits or semiconductors (also known as chips) which are based on bits in the form of binary 1s and 0s. Integrated circuits are microchip wafers that contain millions of tiny […]
Early this month, ChatGPT took the internet by storm after the dialogue-based AI chatbot crossed one million users just five days after launch. Dubbed Google killer, the new OpenAI chatbot does almost everything—from writing codes and telling stories to engaging […]
Mobile gaming is booming right now. Mobile gaming revenue, which is estimated to be at $98.22 billion by the end of the year, now accounts for more than half of the total games industry revenues. People aren’t just using their […]
Is another trouble brewing in crypto land? That’s the question everyone is asking after the global accounting firm Mazars Group suddenly suspended all work with its crypto clients including Binance, Crypto.com, and KuCoin. The decision to cut ties with these leading […]
Despite the ongoing crypto winter and the news about the collapse of the crypto exchange FTX, the decentralized finance (DeFi) industry continues to weather the storm of the global economic slowdown. DeFi adoption has increased in the past two years as the […]
It’s been called a Google killer. ChatGPT is the new chatbot-powered AI is the latest from the Elon Musk-founded independent research body OpenAI foundation. ChatGPT took the internet by storm as thousands of users rave about the dialogue-based AI chatbot on […]
It has been four years since we last covered Orbs, a blockchain platform that serves as a decentralized execution layer between existing layer-1 and layer-2 chains and the application layer. Back then, Orbs raised $118 million to fund the development of its […]
Silicon Valley-based Open XDR innovator Stellar Cyber and New York-based cybersecurity company Deep Instinct have announced the integration of their protective solutions. The collaboration will provide even more accurate detection, better response, and prevention of cyberattacks such as ransomware and […]
After six weeks of inaction, FTX investors can now breathe a sigh of relief that the disgraced FTX founder Sam Bankman-Fried (SBF) will soon be brought to justice. He was arrested at his home in the Bahamas on Monday. Yesterday, Chief […]
Rotor Technologies, Inc.’s uncrewed helicopter prototype achieved its first flight on 2 December 2022 at the FAA’s New York UAS test site after receiving experimental certification on 30 November 2022. Rotor’s team of MIT scientists is combining flight control algorithms, […]
Twitter is shutting down Revue, a newsletter platform the social giant acquired two years ago. Twitter acquired the Substack-competitor Revue and email newsletter startup in January 2021. The platform helped attract writes and users to make money from their followers through the […]
Globally, millions of people have turned to solar energy as part of the effort to reduce global warming, which causes climate change. However, unknown to many, it’s light, not heat, that generates electricity. Too much heat is actually bad for […]
The sudden collapse of FTX has caused investors and holders of digital assets to rethink the approach to the safety and security of their cryptos and NFTs. It has also led to the rise of crypto custody solutions that provide […]
Disgraced FTX founder Sam Bankman-Fried (SBF) has been arrested by Bahamian authorities after the United States Attorney for the Southern District of New York shared a sealed indictment with the Bahamian government. The arrest sets the stage for his extradition […]
The sudden collapse of the crypto exchange FTX has sent panic in the crypto industry, causing investors to worry about the future of the crypto market. More than a month after FTX filed for Chapter 11 bankruptcy, media attention is […]
Israeli-founded gaming giant Playtika is laying off 615 employees as part of the company’s broader restructuring. The company confirmed today following last week’s speculation that the company was planning to part with 500 employees this week. Playtika CEO and Founder Robert Antokol officially […]
In the latest sign that boundaries between Big Tech and financial firms continue to blur, Microsoft is investing $2 billion in the London Stock Exchange in exchange for a 4% stock in the firm, which further strengthens their longstanding relationship. In an […]
Every year, hackers stole the data of billions of people around the world. In September, Australia’s second-largest telco Optus suffered a major data breach causing hackers to steal the personal data of 10 million customers. But have you ever wondered […]
The existing crypto experience is “absolute garbage”, according to Radix CEO Piers Ridyard, and unless the DeFi industry undergoes a radical transformation, it doesn’t have hope in hell of replacing the traditional financial system that it rivals. Ridyard was delivering […]
