DeepSeek, a Chinese AI app, faced scrutiny in South Korea for transferring user data without consent, leading to its removal from app stores. The South Korean authorities have ordered the company to delete the transferred data and establish proper data handling procedures.
WeatherlyEugene William Austin Jr., aka Hugh Austin, was sentenced to 18 years in prison for running a $12 million crypto fraud with his son, Brandon. Posing as brokers, they promised high returns to over two dozen victims but used the funds to fund a lavish lifestyle.
CatherineCardano founder Charles Hoskinson said Ethereum could become outdated in the next 10 to 15 years due to poor design choices and weak governance. He claimed its current systems are flawed and not strong enough to support future growth.
AnaisPolymarket’s bets on the next Pope soared past $6.4 million after a fake rumour about excommunication sparked a surge in activity. The hoax tripled volume in three days, raising the question: is this ethical or just modern speculation?
KikyoThe small Italian town of Fornelli is unveiling Italy’s first Satoshi Nakamoto monument on 1 May 2025, funded by the local government. The village, known for its high Bitcoin adoption, is positioning itself as a crypto-friendly destination.
WeatherlyLjubljana, Slovenia’s capital, has overtaken Hong Kong and Singapore to become the world’s most crypto-friendly city. How did this low-profile European hub outpace the industry’s giants?
CatherineNorth Korean hackers linked to the Lazarus Group set up two fake US companies, BlockNovas LLC and SoftGlide LLC, to target cryptocurrency developers with malware through fraudulent job offers. This operation, using fabricated identities and AI-generated profiles, aims to steal sensitive data and cryptocurrency credentials.
AnaisRipple has decided against an IPO in 2025, citing its strong financial position and lack of need for external funding. Instead, the company is focusing on strategic acquisitions and long-term growth, such as its $1.25 billion purchase of Hidden Road.
WeatherlyWorld Liberty Financial has partnered with the Pakistan Crypto Council to boost blockchain, stablecoin, and DeFi growth, with plans to launch regulatory sandboxes for blockchain solutions. Pakistani officials signal full crypto legalisation is near, while Binance founder CZ’s role as a Strategic Advisor highlights the country's rising digital asset ambitions.
CatherineNike closed its RTFKT unit in December 2024, causing the value of NFTs to plummet and leaving buyers with significant financial losses. This led to a lawsuit alleging that Nike misled investors about the stability and legality of the NFTs.
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