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OFAC claims Funnull Technology purchased a code repository used by web developers and altered it to redirect legitimate websites to scam websites. The US Treasury has sanctioned a Philippines-based technology firm and its alleged administrator, accusing it of providing services to thousands of crypto scam websites. Funnull Technology is linked to most crypto scam websites…
K33 CEO Bull Jenssen said his firm hopes to use its Bitcoin holdings as a foundation to offer new services, such as BTC-backed lending. Norwegian crypto brokerage firm K33 plans to join the growing number of public companies buying up Bitcoin after raising 60 million Swedish krona ($6.2 million) to buy and hold the cryptocurrency….
Average NFT loan sizes have tanked, which DappRadar’s Sara Gherghelas says means users are borrowing against low-value assets or being conservative with leverage. Real-world assets linking up with non-fungible tokens (NFTs) is one of a few key catalysts that could reignite the waning NFT lending sector, which is suffering from a collapse in volumes and…
Unitree director Wang Qixin says the robotics company used AI and motion capture to train the robots on real fight moves. Four artificial intelligence-enhanced robots have been put through their paces in a Chinese robot fighting competition, duking it out in kickboxing matches until one was declared the champion. The World Robot Competition Mecha Fighting…
Over three decades working in Silicon Valley, Jony Ive has shaped the shell of the iMac, designed the look of the iPod and come up with the form factor for the iPhone. Pretty much every major piece of Apple technology we touch, from the heyday of Alta Vista to today, went through Ive’s hands first….
Derive tokenholders were worried about the exchange rate and the overall benefit to the platform, with one user claiming Derive generates more revenue than Synthetix. Decentralized finance platform Synthetix has axed its $27 million plan to acquire crypto options platform Derive after negative community feedback. A Synthetix spokesperson told Cointelegraph on May 22 that its…
Donald Trump has signed a bill backed by first lady Melania Trump that makes it a federal crime to publish nonconsensual AI-generated explicit images. US President Donald Trump has signed a bill criminalizing nonconsensual artificial intelligence-generated deepfake porn, which also requires websites to take down any illicit images within 48 hours. Trump signed the bill…
DigiAsia shares have doubled in one day after the company said it’s planning to raise $100 million, and use half of its profits, to buy Bitcoin. Shares in the Indonesian fintech firm DigiAsia Corp nearly doubled after the company said it plans to raise $100 million to seed its first of many Bitcoin buys. The…
The streaming platform was criticized last week for a clause in their terms of use permitting uploaded content to be used to train generative AI. Panellists at the Digital Life Design women conference at Bavarian National Museum. June 30, 2011. Photo by Sascha Baumann for Getty Images SoundCloud has clarified its terms of use…
Dubai said the partnership will go a long way to achieve its goal of getting 90% of financial transactions fueled by cashless technology by 2026. The government of Dubai has signed an agreement with crypto exchange Crypto.com to launch crypto payments for government services. The agreement, formalized during the Dubai fintech Summit on May 12,…