STOCKS | Hong Kong Auto Stocks Decline as BYD and NIO Fall Over 3%

30,000 Indians Still Missing in Southeast Asia After Falling for Fake Job Offers, Trapped in Cyber Slavery

Tens of thousands of Indian nationals are falling victim to fake job offers in Southeast Asia, leading to cyber slavery and substantial financial losses of INR 500 crore ($60 million) between October 2023 and March 2024. Many are trapped in Cambodia, where approximately 5,000 Indians are forced into cyber scams, with the Indian Embassy rescuing over 1,000 citizens since January 2022, including 67 recently saved from Poipet on 22 September 2024.

WeatherlyOkt 03, 2024 1:28 siang

Lamborghini and Animoca Brands Reveals Plans for Fast ForWorld Platform: Get Ready to Own and Drive Your Own Supercar

Lamborghini and Animoca Brands have teamed up to launch Fast ForWorld, a digital platform where fans can own, trade, and drive virtual Lamborghini supercars across games. Starting in November, users can unlock exclusive features and rewards with the digital Lamborghini Revuelto.

CatherineOkt 03, 2024 2:03 siang

Former NSA Whistleblower Says Nobody is Using Solana Except for “Meme Coins and Scams” During Token2049

Edward Snowden criticised the Solana blockchain for being centralised, which he believes makes it vulnerable to manipulation by powerful entities. Despite this, Solana's native token, SOL, continues to perform well in the market, with significant growth and fast transaction speeds.

WeatherlyOkt 03, 2024 3:12 sore

Cash is King: Fiat is the Go-To Currency for Criminals as Crypto Takes a Backseat

In 2024, cash remains the top choice for illegal activities, far exceeding cryptocurrency use. Crypto ISAC points out that blockchain makes crypto easier to trace, while cash is untraceable. Does this shift toward fiat signal progress or new challenges?

KikyoOkt 03, 2024 3:37 sore

Cryptocurrency Scam on LinkedIn Wipes Out Woman’s $100,000 Life Savings – What Went Wrong?

Leah, a woman from Antelope, California, lost her entire life savings of $100,000 to a scammer on LinkedIn who posed as a legitimate investor. After gaining her trust through months of communication, he convinced her to invest in cryptocurrency, only to quickly drain her account and cut off all contact.

AnaisOkt 03, 2024 4:22 sore

Zero Balances Shock Bank of America Customers Amidst Nationwide Outage While Debt Remains Oddly Visible

Bank of America recently faced a nationwide outage, leaving users unable to access their accounts and discovering a $0 balance. Customers were alarmed by the absence of their funds while their outstanding debts remained visible. Fears among users regarding the potential loss of their assets runs rampant.

CatherineOkt 03, 2024 4:43 sore

Why 85.6% of Gen Z Shoppers Are Flocking to Snapchat Instead of TikTok, Instagram or Facebook

Social media platforms, especially Snapchat, are significantly influencing young consumers' purchasing decisions through creator-driven marketing, with 82% of Gen Z buying products because of influencers. As Facebook declines in effectiveness, brands must adapt to these shifts by fostering genuine connections and embracing creativity in their marketing strategies.

AnaisOkt 03, 2024 5:27 sore

OpenAI's ChatGPT Dominates AI Searches While Google's Gemini Struggles to Keep Up

ChatGPT leads the AI market with 25 million searches monthly, while Google’s Gemini lags far behind with only 1.5 million searches, highlighting a significant gap in interest. As the AI landscape evolves, users prefer established names, making it challenging for newer models to gain traction.

WeatherlyOkt 03, 2024 6:20 sore

Is OpenSea Sinking? After 50% Layoffs Last November, 5 Key Executives Departed

OpenSea is grappling with executive departures, including former COO Shiva Rajaraman, amidst a declining NFT market and rising competition. The SEC's Wells notice, classifying its NFTs as securities, adds to its challenges, resulting in potential legal action from users.

AnaisOkt 04, 2024 2:08 siang

Helicopters and Bentleys Seized as Russian Police Crack Down on $1.2 Billion Crypto Exchange Cybercrime Ring

Russian authorities arrested nearly 100 individuals linked to cybercriminal operations using UAPS and Cryptex for money laundering. The suspects, who owned luxury items, face charges for running illegal cryptocurrency exchanges, processing billions in illicit transactions.

WeatherlyOkt 04, 2024 3:37 sore