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eXch Shuts Down as Bybit Cuts Web3 Services After Historic Hack

eXch Shuts Down as Bybit Cuts Web3 Services After Historic Hack

Following a $1.4 billion exploit earlier this year, crypto exchange Bybit is shutting down most of its Web3 services while eXch is ceasing operatio...
Chinese Fraud Ring Jailed for $6.2M Scam Targeting 66,800 Indian Victims

Chinese Fraud Ring Jailed for $6.2M Scam Targeting 66,800 Indian Victims

A Chinese court has sentenced nine fraudsters behind a $6.2M China fraud ring that targeted over 66,800 Indian victims using fake investment apps, ...
Chinese court sentences nine for defrauding 66,800 Indians in $6M crypto telecom scams

Chinese court sentences nine for defrauding 66,800 Indians in $6M crypto telecom scams

The People’s Court of Heze Economic Development Zone in Shandong Province, presided by Judge Liu Xilei, has cracked down on a $6.2M USDT fraud ring...
Most-Active Startup Investors Spent More In Q1

Most-Active Startup Investors Spent More In Q1

The busiest venture backers upped their game in the recently ended first quarter. Among the 14 most-active post-seed investors, a majority backed m...
Midjourney Has Released Its New V7 AI Image Generator

Midjourney Has Released Its New V7 AI Image Generator

One of the first AI-assisted imaging services, Midjourney, has released a new AI model, V7.
The Week’s Biggest Funding Rounds: OpenAI Easily Tops Massive Week

The Week’s Biggest Funding Rounds: OpenAI Easily Tops Massive Week

This was a week right out of the free-spending days of 2021. Huge rounds were abundant — led by the biggest of them all as OpenAI’s massive $40 bil...
SoftBank And OpenAI Make History With Largest Startup Financing Ever

SoftBank And OpenAI Make History With Largest Startup Financing Ever

In the history of startup funding, SoftBank’s announcement that it is backing an investment of up to $40 billion in OpenAI is in a league of its ow...
OpenAI Now Worth $300 Billion After Massive $40B Funding Round

OpenAI Now Worth $300 Billion After Massive $40B Funding Round

OpenAI completed its largest funding round yet, raising $40 billion. This new financing, including investments from SoftBank Group Corp. and other ...
Aussie Watchdog Places Crypto ATM Providers ‘On Notice,’ Warns Over Missing AML Checks

Aussie Watchdog Places Crypto ATM Providers ‘On Notice,’ Warns Over Missing AML Checks

AUSTRAC highlighted “worrying trends” of suspicious activities and transactions using crypto ATMs. The post Aussie Watchdog Places Crypto ATM Provi...
OpenAI secures record $40 billion funding led by SoftBank

OpenAI secures record $40 billion funding led by SoftBank

OpenAI officially announced on Monday that it completed its fundraising campaign at $40 billion making it the largest private funding of a tech com...