Hackers attempted to infiltrate CoinsPaid infrastructure directly starting in March 2023, but switched their approach to targeting individuals through fake high-salary job offers. Estonia-based cryptocurrency payments firm CoinsPaid suspects North Korean hackers with the Lazarus Group gained access to its systems through fake recruiters targeting employees. In an Aug. 7 blog post, CoinsPaid said an...Continue Reading

The lower house in the parliament of India approved updates to a bill that would ease data storage, processing and transfer standards for Big Tech companies. The lower house of India’s parliament voted in approval of a bill that would ease data compliance regulations for Big Tech companies on Aug. 7, according to a report...Continue Reading

Singapore’s central bank recognized the importance of partnering with industry players to support solutions from emerging technologies like Web3. The Monetary Authority of Singapore (MAS), the country’s central bank, has announced that it is committing up to 150 million Singapore dollars (around $112 million), to support various financial technology solutions like Web3.  In an announcement,...Continue Reading

Payment processing giant PayPal started crypto payments in March 2020 and since then has been actively involved in the crypto payment sector. American financial technology company PayPal launched a new crypto stablecoin called PayPal USD (PYUSD) on Aug. 7.  The new US dollar-backed stablecoin will be issued by Paxos Trust Co. and fully backed by United...Continue Reading

Binance has been experimenting with relatively lesser-known stablecoins after a pause on BUSD. Coinbase CEO Brian Armstrong’s comments to a question about the USD Coin (USDC) stablecoin during the company’s second-quarter earning calls raised some eyebrows.  While commenting on the market cap of USDC, Armstrong quipped that Binance moved some of its funds from USDC...Continue Reading

Valio has launched publicly, allowing investors to back money managers through a decentralized process. Decentralized asset management platform Valio has launched publicly, according to an announcement from the platform’s team. The new protocol allows users to have their funds managed by professional traders but without having to trust these traders as custodians. The app’s launch...Continue Reading

The head of product at Tools for Humanity told Cointelegraph that Worldcoin is expecting more companies to integrate in the second half of the year. Worldcoin has been in the spotlight since its launch on July 24, with users lining up to scan their irises for a digital ID and others questioning its methods for...Continue Reading

Czhang Lin said it’s important for universities to understand Web3 and guide students toward the right vision. Universities have a “critical” role to play in nurturing the next generation of Web3 talent, and academia must understand it to guide students toward the right vision, according to Czhang Lin, the CEO of Web3 venture fund LBank...Continue Reading

Explore the transformative power of ChatGPT’s customizable prompts for professionals seeking maximum productivity. In today’s fast-paced world, productivity is key to success in various industries. Thankfully, advancements in artificial intelligence (AI) have led to the development of powerful language models like ChatGPT. This AI assistant can help professionals streamline their tasks, gain insights and boost...Continue Reading

The Blue subscription was launched as a way for users to buy the blue checkmark for their profile but later evolved to share ad revenue as well. After a major rebranding of the popular social media platform Twitter to X, Elon Musk has now rebranded the popular Twitter Blue subscription services to X Premium. The...Continue Reading