Disney’s $1.5B stake in Epic smells a lot like another metaverse play

Disney cut its metaverse division less than a year ago, but now it looks like it’s teaming up with Epic Games to build one.

Disney’s $1.5B stake in Epic smells a lot like another metaverse play

The Walt Disney Company is acquiring a $1.5 billion equity stake in Epic Games to build what it’s calling a “persistent universe,” less than a year after shuttering its metaver...

7 months ago

Craig Wright admits forging key documents to claim Satoshi Nakamoto identity

On the fourth day of the COPA v. Craig Wright trial, Wright conceded that many documents he presented to affirm his claim as Satoshi Nakamoto were indeed forged.

Craig Wright admits forging key documents to claim Satoshi Nakamoto identity

Highlighting this development, COPA showcased evidence of anachronisms, including fonts that did not exist when the documents were supposedly created, leading Wright to admit their ina...

7 months ago

OSL completes first transaction of tokenized UBS warrant on Ethereum

One of Hong Kong’s two licensed crypto exchanges, OSL, finalizes the first tokenized warrant transaction with UBS.

OSL completes first transaction of tokenized UBS warrant on Ethereum

OSL Digital Securities has completed the first transaction involving the UBS pilot investment-grade tokenized warrant in Hong Kong, the company said in a press release. ...

7 months ago

Bankrupt Crypto Lender Genesis Moves to Settle with NY Attorney General

Attorney General Targets Deceptive Earn Program

Bankrupt Crypto Lender Genesis Moves to Settle with NY Attorney General

Bankrupt lender Genesis on Thursday settled a lawsuit with New York Attorney General Letitia James over its now-defunct Earn program. The Earn program, operated jointly with Gemini Tru...

7 months ago

AI-generated fake IDs claimed to pass crypto exchange KYC are selling for $15

The $15 AI-generated fake IDs are reportedly being used to fool crypto exchange identity checks, potentially giving crypto hackers and scammers a new edge.

AI-generated fake IDs claimed to pass crypto exchange KYC are selling for $15

A new service claiming to use artificial intelligence (AI) “neural networks” and “generators” to create fake driver licenses and passports has reportedly succeeded in pas...

7 months ago

Deus X, Bridgetower debuts $250M digital asset venture in Middle East

The new entity is aimed at opening the doors for the Middle East’s institutional investors to crypto, staking and AI.

Deus X, Bridgetower debuts $250M digital asset venture in Middle East

Private equity firms Deus X Capital and Bridgetower Capital are set to launch a new $250 million crypto infrastructure platform, bringing crypto staking, investing and other digital asset servic...

7 months ago

Microsoft Azure lays foundation for India-focused voice-based generative AI apps

Microsoft revealed a partnership with Indian startup Sarvam AI to build on its Azure AI models and deploy a voice-based large language model targeting Indic languages and context.

Microsoft Azure lays foundation for India-focused voice-based generative AI apps

Big Tech developer Microsoft is extending its reach in Asia with its artificial intelligence (AI) products through a new partnership with the Indian startup Sarvam AI.  According ...

7 months ago

NBA sued over marketing links with failed crypto lender Voyager Digital

A group of disgruntled Voyager investors has sued North America’s top basketball league, alleging it is implicit and liable for their losses on the failed platform.

NBA sued over marketing links with failed crypto lender Voyager Digital

The National Basketball Association (NBA) is facing a proposed class-action lawsuit over its marketing deals with now-collapsed crypto lender Voyager Digital, which the platform’s users cl...

7 months ago

This WordPress crypto widget plugin can leak sensitive information

According to the security firm CVE Program, the “Cryptocurrency Widgets – Price Ticker & Coins List plugin” WordPress widget carries a critical vulnerability from versions 2.0 through 2.6.5.

This WordPress crypto widget plugin can leak sensitive information

The Cyber Security Agency of Singapore (CSA) highlighted that a cryptocurrency widget plugin for the web development platform WordPress contains a vulnerability that can be used to extract ...

7 months ago

Crypto custodian Bakkt discloses to the SEC it is facing liquidity issues

The platform Bakkt said that if it fails to raise money through debt financing or equity dilution, it will not have enough funds to continue operations.

Crypto custodian Bakkt discloses to the SEC it is facing liquidity issues

In disclosing risks to the U.S. Securities and Exchange Commission (SEC), platform Bakkt questioned whether it could ensure its financial stability next year. Current reserves, includi...

7 months ago

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