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The band has admitted to being a “synthetic music project,” but not before their story devolved to include scammers and an elaborate prank. The Velvet Sundown In June, a new band calling themselves The Velvet Sundown emerged, racking up a million monthly Spotify listeners in the process. The two albums they had available to stream,…
Phishing attacks account for the highest number of security incidents so far this year at 132, but wallet hacks stole the most at $1.7 billion. Losses to crypto hacks, exploits and scams spiked to $2.47 billion in the first half of 2025, but the second quarter saw a decline in the total number of hacks,…
The US Treasury has sanctioned a crypto wallet containing $350,000 tied to the alleged cybercrime hosting service Aeza Group. The US Treasury has sanctioned the Russia-based Aeza Group, along with its top brass and a crypto wallet connected to the service, for allegedly hosting ransomware and info-stealers. Aeza Group, a bulletproof hosting (BPH) services provider,…
“We don’t want our music killing people,” the band wrote in a statement. “We don’t want our success being tied to AI battle tech.” Deerhoof. Photo by Satoru Eguchi. Long-running indie rock group Deerhoof will remove their entire catalogue from Spotify, the band revealed today in a press statement. Their decision is in part…
BNB Smart Chain’s Maxwell hard fork has three main proposals geared toward boosting scalability, validator sync and overall network efficiency. BNB Smart Chain’s Maxwell upgrade appears to have gone live, with average block times falling to 0.8 seconds, down from 1.5 on Monday. The Maxwell hard fork was set to cut block times in half,…
DappRadar found AI agent projects raised $1.39 billion this year, a 9.4% increase on the total funding in 2024, while a onchain activity has surged 86%. Artificial intelligence activity on blockchains has nearly doubled since the start of the year, with more funding and users piling into the trendy technology, according to blockchain analytics platform…
Ek is currently a chairman of Helsing, a German firm valued at €12 billion. Daniel Ek. Photo by Drew Angerer/Getty Images Prima Materia, the investment company co-founded by Spotify’s Daniel Ek, is leading a €600 million investment in Helsing, a Munich-based company creating drones and artificial intelligence for military operations, the Financial Times reports….
Blockchain sleuths ZachXBT and Taylor Monahan say crypto scammers have been emboldened with US regulators dropping crypto-related court cases and politicians endorsing memecoins. Memecoins promoted by political figures like Donald Trump, lax regulations, and crypto court cases abandoned by US regulators have kicked off a crypto “crime supercycle,” say a pair of blockchain crime investigators. …
A new approval process, where most Optimism proposals will auto-pass unless a stakeholder vetoes, will come into force on Aug. 1 to reduce the burden on contributors. Ethereum layer-2 scaling solution Optimism is set to update its governance system for the second time this year — this time, with the intent of becoming more decentralized….
In the world of traditional finance, sentiment has been shifting toward digital assets, with BlackRock, JPMorgan and Franklin Templeton making moves. In an opinion piece published in Fortune, Franklin Templeton CEO Jenny Johnson wrote that the “advantages of blockchain are so compelling that we don’t foresee the shift to digital asset technology being slow or…