Drift users to receive 1 cent for every dollar lost to the exploit
Victims of the April 1 exploit that drained about $295.4 million from…
ECB says it is not borrowing to fund AI
The European Central Bank (ECB) has revealed that firms operating inside the…
Amazon set to invest $1 billion in its data centers amid backlash
Amazon has announced that it will invest about $1 billion over five…
OCC dragged to court over crypto firms’ national trust charters
A trade organization representing community banks in the US has filed a…
Anchorage Digital lays off 17% of its staff amid $4 billion valuation
Anchorage Digital is reportedly laying off 17% of its workforce as crypto…
Korean exchanges lose 35% of deposits as traders chase profits overseas
South Korean crypto exchanges shed a third of their market value and…
CFTC set to receive $31M from Fundsz operators
A United States federal court has ruled that Fundsz’s operators, Brian Early…
Arizona rejects AI victim videos as calls for deepfake detection rise
An Arizona appeals court has vacated the 10.5-year sentence of Gabriel Horcasitas,…
DeepSeek open-sources tools for Huawei chips amid rivalry with Nvidia’s CUDA
Chinese AI company DeepSeek has open-sourced six software tools built for Huawei’s…
Apple Pay launches in India as Axis Bank becomes first card partner
Apple has switched on Apple Pay for its users in India, allowing…
OpenAI’s annual recurring revenue tops $70 billion
OpenAI’s annual recurring revenue is approaching $70 billion, driven by business customers…
Anthropic issues ‘risk to humanity’ warning in IPO filing
Anthropic has told prospective investors that advanced AI could bring “catastrophic or…