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North Korean Hackers Allegedly Behind $35 Million Cryptocurrency Heist

North Korean cybercriminals are the prime suspects in a recent cryptocurrency heist involving the theft of a substantial $35 million. Cybersecurity analysts shared this assessment with CNN on Tuesday, pointing to telltale signs in the tactics and techniques used in the attack. The victim of the heist, Atomic Wallet, a widely-used cryptocurrency service based in … Continue reading North Korean Hackers Allegedly Behind $35 Million Cryptocurrency Heist

Enhancing Metaverse Integration: My Neighbor Alice joins the Board of Directors of OMA3

                                                       Riccardo Sibani, Chief Product Officer at My Neighbor Alice, represents the company on the OMA3 Board and contributes to developing a more interconnected metaverse. STOCKHOLM-– JUNE 06, 2023 … Continue reading Enhancing Metaverse Integration: My Neighbor Alice joins the Board of Directors of OMA3

China's Shanghai Unveils Action Plan to Forge a New Path in the Metaverse Tourism Industry

Shanghai has taken a significant step in the realm of metaverse tourism with the release of the “Shanghai Action Plan for Creating a New Path in Metaverse Tourism (2023-2025)”. The plan, unveiled by the Shanghai Municipal Bureau of Culture and Tourism, outlines the city’s strategic focus on five key areas to propel the development of … Continue reading China's Shanghai Unveils Action Plan to Forge a New Path in the Metaverse Tourism Industry

China Mobile Launches Metaverse Industry Alliance, Involving Tech Giants Like Huawei and Xiaomi

On June 28, 2023, in Shanghai, China Mobile announced the formal establishment of the China Mobile Metaverse Industry Alliance during the Mobile World Congress (MWC) Shanghai 2023. This initiative marks a significant stride in China Mobile’s strategic foray into the rapidly expanding metaverse landscape. The alliance, comprising 24 initial members including Huawei, iFlytek, Xiaomi, and … Continue reading China Mobile Launches Metaverse Industry Alliance, Involving Tech Giants Like Huawei and Xiaomi

Hut 8 Secures US$50 Million from Coinbase Credit to Enhance Financial Flexibility and Support Growth Initiatives

Hut 8 Mining Corp., a prominent North American mining pioneer and high-performance computing infrastructure provider, has recently made a significant announcement. The company has secured a credit facility of US$50 million through a partnership with Coinbase Credit, Inc., a leading lender in the cryptocurrency industry. This credit facility will provide Hut 8 with additional financial … Continue reading Hut 8 Secures US$50 Million from Coinbase Credit to Enhance Financial Flexibility and Support Growth Initiatives

What is Web3?

Web 3.0, frequently abbreviated as Web3, is often recognized as the upcoming or third generation of the internet. It builds upon Web 1.0, characterized primarily as read-only, and Web 2.0, which introduced interactive user-generated content and sharing capabilities. Key components of Web3 include: Decentralization: In a departure from the single-server model owned by one entity, … Continue reading What is Web3?

What Happens When AI Meets Bitcoin and Crypto: Insights from Arthur Hayes

In the piece “Massa,” written by Arthur Hayes on Medium, the author examines the potential impacts that artificial intelligence (AI) may have on several aspects of society. According to him, robots and artificial intelligence (AI) will mostly be used to replace labor-intensive jobs, freeing up workers to pursue their hobbies. He believes that this can … Continue reading What Happens When AI Meets Bitcoin and Crypto: Insights from Arthur Hayes

OpenAI Launches GPT-4 API: A New Era of Chat-Based AI

A major advance in the development of artificial intelligence technology has been signaled by OpenAI’s announcement that its long-awaited GPT-4 API is now available to all paying clients. This event marks a key milestone in the advancement of AI technology. This change comes following the very successful debut of the ChatGPT API in March, as … Continue reading OpenAI Launches GPT-4 API: A New Era of Chat-Based AI

Sia Network Q2 2023: 12% Increase in Used Storage

In the second quarter of 2023, the Sia network, a decentralized cloud storage platform, saw a 12% quarter-over-quarter (QoQ) increase in used storage, raising the storage utilization rate from 19% to 25%, according to a report by Messari. This growth occurred despite a 3% QoQ decrease in the addition of storage contracts, largely due to … Continue reading Sia Network Q2 2023: 12% Increase in Used Storage

ChromaWay and COMUNITYmade to Reinvent Near Shore Fashion Supply Chains with Web3 Technology

STOCKHOLM – JULY 12, 2023 – Stockholm headquartered blockchain technology company ChromaWay announced today that it had signed a Memorandum of Understanding (MOU) to partner with COMUNITYmade to co-design and develop supply chain solutions that leverage decentralized Web3 technologies to strengthen product-provenance and transparency, empower designers, and bring high-quality fashion to market faster. ChromaWay, headquartered … Continue reading ChromaWay and COMUNITYmade to Reinvent Near Shore Fashion Supply Chains with Web3 Technology

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