On February 24, 2022, Russian forces invaded Ukraine. Since then, life in the country has changed for everyone. For the Ukrainian forces who had to defend their country, for the regular citizens who had to withstand invading forces and constant shelling, and for the Cyberpolice of Ukraine, which had to shift its focus and priorities. …
Bankman-Fried, 32, sentenced for stealing $8bn from customers of the FTX cryptocurrency exchange he founded. Former crypto tycoon Sam Bankman-Fried has been sentenced to 25 years in United States federal prison for stealing $8bn from customers of the now-bankrupt FTX cryptocurrency exchange he founded. US District Judge Lewis Kaplan handed down the sentence at a …
Crypto exchange OKX is ceasing services for users in India, it said in an email to customers Thursday, advising them to withdraw their funds by April-end. The move follows Apple and Google pulling the eponymous app of OKX in the country after an Indian government agency said many crypto exchanges were operating illegally in the …
Update: Starbucks announced Friday that it’s discontinuing its NFT program, to “prepare for what comes next as we continue to evolve the program,” according to an FAQ page. We spoke with Steve Kaczynski, the program’s lead, on the Chain Reaction podcast last month. On Friday, he tweeted that his future at the company was …
Amidst the rise in online fraud, understanding the Pig Butchering Scam is essential. The name comes from the idea of fattening a pig before slaughter. A pig butchering scam is a deceitful scheme where people are convinced to invest more money, often in cryptocurrency, into what seems like a genuine opportunity. These scams are widespread …
It’s becoming harder to discern which platforms and people have good intentions online, especially as automated content and anonymous profiles are on the rise. Some web2.0 companies like Uber, Amazon and Airbnb offer rating systems for businesses and individuals, those types of systems are few and far between in the web3 world. But Karma3 Labs …
The US Securities Exchange Commission (SEC) recently gave its approval to a slew of spot bitcoin exchange traded funds (ETFs), evoking mixed reactions from people. Purists are aghast that a regulator can be so blasé as to let loose such bitcoin ETFs. Crypto enthusiasts are over the moon! So, is there is a problem here? …
Epic Games Store has changed its own rules to allow blockchain games to be sold on the platform. Epic Games Store had a blanket ban on all Adults Only titles, but it has recently adjusted its own rules to allow blockchain games. As it stands, all games based on blockchain technology or utilising NFTs are …
A rally across all asset classes powering the S&P 500 to its best month in over a year has finally caught the attention of retail investors. The same traders who created the so-called meme-stock mania, with big bets on speculative companies, are back. And they are piling into the market’s favorite stocks — think Amazon.com …
Sam Altman, the now former CEO of OpenAI, has departed his role and is leaving its board, according to a company post on Friday. But questions about his role at other entities like Worldcoin, the crypto project he co-founded, remain up in the air as its token falls on the news. Worldcoin’s token, WLD, fell …