Rumors Burned Stocks but Nvidia (NVDA) Survived, AI Tokens Rally
This week started with a set of chaotic events that raised and crushed the US stock market in less than one hour, thanks to mainstream rumors.
Technology News
Get the latest from technology news: breaking stories and updates on computing, the web, gadgets, social media, as well as tech giants’ stock price analyses
Americans Lost Billions to Geoblocking: Can They Prevent Future Crypto Losses?
American crypto users missed billions of dollars in potential earnings due to the geoblocking policies.
Bybit Hack Spurs $4.6B Surge in THORChain Trading Activity
THORChain reportedly generated $5.5M in transaction fees from the surge in activity linked to the laundering of Bybit’s stolen funds.
Bybit Hacker Finishes Laundering All Stolen Ethereum
By Bhushan Akolkar
• 3 mins read
North Korea’s Lazarus group, reportedly behind the Bybit hack, has laundered all 499,000 stolen ETH leveraging crypto mixers and DEXs.
From Sony to Bybit: How Lazarus Group Became The World’s Most Dangerous Crypto Hackers
By Anton Varanov
• 3 mins read
Bybit’s Ethereum cold wallet was compromised on February 21, resulting in a $1.46 billion theft linked to North Korea’s state-sponsored Lazarus Group, adding to their multibillion-dollar crypto crime spree.
FBI Confirms North Korean Hackers Behind Record $1.5 Billion Bybit Theft
By Godfrey Benjamin
• 3 mins read
FBI officially attributes February’s record-breaking $1.5 billion Bybit cryptocurrency hack to North Korean state-sponsored hackers who used sophisticated deception techniques targeting cold storage.
Bybit Hackers Have Strong Links to North Korea, Say Investigators
By Bhushan Akolkar
• 2 mins read
Blockchain analytics firm Elliptic revealed that the Bybit hack is linked to North Korean hackers who laundered the money using over 11,000 wallets.
Fetch.ai CEO Announces First Major Product from ASI Alliance with Groundbreaking Features
By Temitope Olatunji
• 3 mins read
Fetch.ai unveils ASI-1 Mini, an AI model for Web3, enabling decentralized ownership and advanced automation through blockchain-integrated agents.
ASI Alliance Unveils Algorithm to Combat Fake News
By Godfrey Benjamin
• 3 mins read
The Fetch.ai-backed ASI Alliance is tackling fake news with a new decentralized AI product
Blockchain Neobank Infini Hit by Nearly $50M Hack Days after Bybit’s $1.4B Loss
By Chimamanda U. Martha
• 3 mins read
Hackers breached the platform’s system, stealing USDC stablecoins before swiftly converting them into Ethereum and transferring them to a new wallet.
Kava AI Upgrade Enhances Web3 Accessibility and Blockchain Automation
By Temitope Olatunji
• 3 mins read
Kava AI integrates DeepSeek, allowing users to interact with Web3 by simply typing requests while the AI handles blockchain complexities.
Abstract Reports $400,000 Drain from Cardex Wallets
By Godfrey Benjamin
• 3 mins read
A session key hack has seen more than $400,000 stolen from Cardex Wallet, hosted on Abstract
Crypto Security Firm Blockaid Secures $50M to Combat Cybercrime Surge
By Anisha Pandey
• 2 mins read
Blockaid has raised $50 million in a Series B round led by Ribbit Capital to enhance its cybersecurity efforts.
Melbourne Police Bust Criminal Gang Behind Crypto ATM Theft Spree
By Godfrey Benjamin
• 3 mins read
Melbourne authorities have arrested four suspects in connection with a series of crypto ATM thefts and collector card store robberies, recovering stolen goods worth thousands of dollars and multiple firearms.
Tether Unveils Revolutionary BrainOS Technology Making Humans Smarter Than AI Competitors
By Parth Dubey
• 3 mins read
Tether has introduced BrainOS while supporting BlackRock Neurotech’s long-standing advancements in BCI technology.
Tech News
Coinspeaker offers you cutting edge broadcast, insights, news and updates on technology driven events around the world.
Technology news includes real-time updates on Blockchain, Fintech, Augmented Reality, Virtual reality, Artificial Intelligence, Machine learning, Cyber Security, electronic gadgets, etc. There’s no doubt that technology is driving the world towards a largely digitized space.
Social media, the internet, and blockchain have been a significant part of the tech world as tech giants look to make considerable investments in those innovations.
Blockchain Technology
Blockchain technology is a public, digitized ledger for recording and verifying crypto transactions. Blockchain was built in such a way that transactions recorded on it cannot be changed or altered. Blockchain’s success story has paved the way for its adoption in other fields such as election, logistics, transportation, personal identification, etc. Several top companies now employ the use of blockchain for operational tasks in order to enhance their mode of operation.
Cyber Security
Technology is employed in every field to enhance privacy, security as well as operation speed. Over the years, cyber-crime has continued to be a major thorn in tech’s flesh as hackers take advantage of vulnerabilities in tech products. Cyber security firms have been given the task of curbing cyber-crimes and pave the way for more investors.
FinTech
Fintech simply means financial technology and it involves the application of technological tools and software into financial services and operations. Fintech has seen massive adoption in the past decade as several industries such as banking, education, fundraising, health, venture management, etc. continue to reckon its importance.
The top five tech companies around the world are Google, Apple, Facebook, Amazon, and Microsoft, etc. and they worth over four trillion dollars combined.
Stay tuned to get daily news on happenings and events in the technology world on Coinspeaker.
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