Decentralized Finance (DeFi) protocol DEUS has lost over $6 million due to a security breach on its stablecoin DEI. The hacker exploited a vulnerability in the BNB Smart Chain (BSC) on May 5, according to blockchain security firm PeckShield. A bot initiated the hack on the BSC, which led to a loss of more than $1.3 million. The attacker also…
In the past week, sales of non-fungible tokens (NFTs) have increased by 1.46%, raking in a total of $149,312,180. However, while the number of NFT buyers has risen by 22.48%, the number of NFT transactions has decreased by 8.78% compared to the previous week. Azuki Emerges as Top-Performing NFT Collection This Week With 504.96% Sales Surge Over the past week,…
The notion of separating work and personal life has long been ingrained in traditional business culture. Never mix business with pleasure, claims the old adage. Establishing well-defined boundaries to foster a healthy work/life balance is viewed as a milestone of success. However, the internet has made the world a smaller place, connecting humans more than ever before. We are digitally…
Bitcoin (BTC) could be set for historic gains thanks to a simple trend line breakout, a popular trader hopes. In a Twitter discussion on May 5, Titan of Crypto flagged a rare bull signal on the Bollinger Bands indicator for the Bitcoin monthly chart. Bitcoin price may see “inexorable breakout” BTC price action currently impacts sentiment in different ways across…
MidJourney was already one of the most impressive AI image generators out there, and with the release of version 5.1, it’s now become much more powerful. The algorithm update means that, even for beginners, it’s now incredibly easy to create stunning works of art with minimal effort—and deepfakes. Lots and lots of deepfakes. The AI image generator entered the public…
Efforts to transition to trade in national currencies in the Shanghai Cooperation Organization (SCO) can no longer be stopped, according to Russian Foreign Minister Sergey Lavrov. During a meeting with his colleagues in India, Moscow’s top diplomat also discussed the similar initiative within BRICS. Sergey Lavrov Convinced SCO Countries Will Switch to National Currencies, Won’t Rule Out Single Fiat There…
In the ever-volatile world of NFTs, collectors have spent years amassing fortunes in generative art and unique digital assets—only to face the possibility of losing it all in an instant. Picture the ensuing chaos when, instead of a cascade of bids in one’s inbox, a message from a major marketplace announces that it’s filing for bankruptcy, rendering NFTs on the…
Managing personal finances can be a challenge for many people. With so many financial products, services and investment options available, knowing where to start or how to make informed decisions can be difficult. Fortunately, ChatGPT can help. As an artificial intelligence (AI)-powered chatbot, ChatGPT can offer personalized advice on various financial topics, including budgeting, investing, debt management and retirement planning.…
At the heart of the latest writers’ strike is a small clause revolving around the use of artificial intelligence. Specifically, preventing the machines from writing any “literary material.” And as of Monday, studios have rejected the proposal, per the Writers Guild of America West (WGA). The WGA is one of the largest unions in the world of entertainment, acting on…
Following Binance’s withdrawal from the Voyager Digital deal on April 25, the now-defunct crypto lender has recently informed creditors that they can expect to receive their initial cash and crypto distributions “within the next few weeks.” This update comes nine days after Binance’s decision to back away from the deal. Voyager Digital Expects Initial Distributions to Creditors ‘Within the Next…
