Elon Musk: IRS relies on old computers, ‘can’t pass basic audits’

Elon Musk, the unofficial head of US President-elect Donald Trump’s “Department of Government Efficiency,” recently announced his preferred title in the impending administration: volunteer IT consultant.  The billionaire technology mogul’s…

World ID trolls Spotify with ‘Unwrapped’ privacy meme

World, formerly known as Worldcoin, recently posted an apparent spoof of Spotify’s “Wrapped” year-end user reports, lampooning the music streaming service’s data privacy practices.  The seemingly playful jab came in…

Australian fintech landscape shrinks, blockchain, crypto take 14% hit

More than 7% of fintech companies headquartered in Australia shut down in 2024, with the blockchain and cryptocurrency market taking the biggest hit, a KPMG study of the country’s fintech…

Crypto-stealing scam targets Web3 workers with fake meeting apps

Web3 workers are being targeted by a campaign that uses fake meeting apps to inject malware and steal credentials to websites, apps and crypto wallets, Cado Security Labs warned. Scammers…

OpenAI secures $1.5B funding from SoftBank, allows employees to cash out

OpenAI, the artificial intelligence company behind ChatGPT, has received a $1.5 billion investment from SoftBank Group through a tender offer allowing the purchase of shares from current and former OpenAI…

SingularityNET partners with Mina for privacy-focused decentralized AI

SingularityNET, a decentralized artificial intelligence platform, has joined forces with the Mina Foundation, a nonprofit behind the privacy-focused Mina Protocol, to advance decentralized AI through zero-knowledge (ZK) technology. The partnership…

MetaMask co-founder: Memecoins reveal Web3 and AI consent flaws

Dan Finlay, co-founder of the crypto wallet platform MetaMask, recently conducted a hands-on experiment with memecoins to examine issues of consent and trust within the Web3 ecosystem. Minting the two…

Microsoft breakthrough signals quantum-exclusive future for blockchain mining

Microsoft and Atom Computing, a technology firm based in California, recently announced a breakthrough in quantum computing that could pave the way for a proof-of-work transformation in the world of…

Crypto user convinces AI bot Freysa to transfer $47K prize pool

A participant in the adversarial agent game Freysa convinced an AI bot to transfer over $47,000 worth of prize pool money to them. Freysa is said to be an autonomous…

Here’s how AI reshapes the trading landscape for retail investors

AlgosOne, a licensed AI-powered trading platform, combines advanced algorithms with intuitive functionality to deliver secure, accessible and automated trading experiences. As speed and precision are increasingly crucial in the financial…