In March 2024, a New York Jury slapped fraud charges against Terraform Labs and its co-founder Do Kwon with the U.S. regulators demanding them to pay $5.3 billion in penalty. However, the lawyers representing Terraform have refused these allegations stating that the firm sold most of the UST stablecoins outside the United States. Terraform Lawyers […]
AI News: OpenAI CEO Sam Altman Teases Update to GPT-4
A new post from Sam Altman suggests that there might have been an upgrade on the OpenAI’s GPT-4 algorithm. The OpenAI GPT-4 Upgrade Sam Altman, the CEO of Artificial Intelligence (AI) firm OpenAI stated that ChatGPT-4 had a “slow start on its new year resolution but should now be much less lazy now.” This statement […]
5 Altcoins To Buy Before Hitting $1 Billion Market Valuation
The cryptocurrency market is buzzing with potential giants yet to hit a $1 billion valuation. Key among these are the Ordi token (ORDI), Orion (ORN), DeXe Protocol (DEXE), Synthetix (SNX), and Mina Protocol (MINA). Each Altcoin to buy stands out for its innovative solutions and strong community backing, positioning it as a lucrative investment for […]
Hong Kong Reveals Crypto Deadline For Investors, What’s It?
As the clock ticks towards the end of the transition period, Hong Kong’s crypto landscape is undergoing a seismic shift. Investors are now at a crucial juncture, facing an ultimatum set by the China Securities Regulatory Commission (CSRC). Notably, the Securities and Futures Commission (SFC) has issued a stern reminder, urging investors to scrutinize the […]
Dropbox Hit With Massive Data Breach, Here’s What Happened
The cloud storage platform, Dropbox confirmed there was a massive data breach by hackers who gained access and compromised sensitive customer information. The breach enabled the hackers to gain unauthorized access to a service account that was part of the product’s back-end. What Happened and What Was Compromised? According to a data breach notification published […]