Ethereum’s 27th largest whale has stolen 100% of its funds

During the FTX disaster, the last thing investors needed was a sudden hacker attack resulting in the withdrawal of about $300 million in digital funds from the drowning centralized crypto-currency exchange. After successfully stealing users’ funds, the hacker quickly exchanged …

2022 FIFA World Cup: Top soccer fan tokens set to soar

One of the most popular sporting events, the FIFA World Cup, will be held in Qatar from November 20 to December 18. Even before the games begin, fan chips for some of the top teams have seen significant growth, reflecting …

Intel announces FakeCatcher, a service that detects deepfake videos with 96% accuracy

Deepfake clips have become so prevalent and well-crafted that intel believes there is a need for FakeCatcher, a specialized detector to combat them. The announcement comes after EU authorities earlier this year called on tech companies to fight deepfake videos …

Former U.S. regulator compares FTX and Sam Bankman-Fried to Bernie Madoff and his Ponzi scheme

Former Federal Deposit Insurance Corporation (FDIC) Chair Sheila Bair compares the downfall of crypto-currency exchange FTX and its former CEO Sam Bankman-Fried to Bernie Madoff’s infamous Ponzi scheme. “It was a lot like Bernie Madoff in that sense” she said. …

Xiaomi has been working on a foldable phone almost identical to Huawei’s Mate X. PHOTO

Huawei was the only major company in the smartphone market that seems to have had the guts to offer foldable phones with the screen on the outside with the Mate X range, as opposed to the “fold” format with the …

Ripple intends to buy FTX’s assets

The San Francisco-based company is considering buying the assets of the failed exchange FTX. San Francisco-based crypto-currency company Ripple is interested in buying the assets of crypto-currency exchange FTX, according to the Times. Ripple CEO Brad Garlinghouse is reportedly ready …

Elon Musk has unblocked Donald Trump’s Twitter account

Elon Musk’s big reason for buying Twitter was mainly to stem the tide of blocked accounts of famous people like Donald Trump. Less than a month after taking over the company, the billionaire conducted a public vote on the platform, …

South Korea freezes $104 million in assets belonging to Terra co-founder

South Korean prosecutors have reportedly obtained a court order to freeze assets worth about $104 million belonging to Terraform Labs co-founder Daniel Shin. Authorities allege that he unfairly profited from the sale of the LUNA crypto-currency at high prices before …

Italy bans the use of facial recognition technologies in public spaces

Except for law enforcement officials, Italy bans the use of facial recognition technologies in public spaces. The European Union has been preparing for some time to ban the use of facial recognition technologies, as well as other surveillance tools based …

How HBO Max, Netflix and other giants managed to destroy cinema, according to Steven Spielberg

Steven Spielberg is one of the most influential and relevant filmmakers of all time. With films like Schindler’s List, Indiana Jones, Jaws and E.T. on his resume, the moment he identifies a new threat to world cinema, chances are he’s …

Gold outperformed bitcoin this month, climbing 6% amid a U.S. housing collapse and falling CPI

The U.S. housing market showed weakness and October’s U.S. inflation rate was lower than expected. Analysts believe these economic trends helped push gold prices up 3.81% against the greenback on Nov. 10, 2022, after the U.S. Bureau of Labor Statistics …

Warren Buffett’s right-hand man compares crypto-currencies to child pornography.

American philanthropist Charlie Munger, who is a vice chairman of Berkshire Hathaway and a regular critic of crypto-currencies, has revealed his opinion regarding the FTX collapse. On this occasion, Charlie Munger issued a strong criticism of crypto-currencies, claiming that they …