Hong Kong police arrested 31 people after dismantling a deepfake romance scam that swindled over HK$34 million from victims in Taiwan, Singapore, and Malaysia. The criminals used AI-generated profiles to trick people into investing in fake cryptocurrency platforms.
WeatherlyVitalik Buterin sold 28 meme coins, raising abround 984,000 USDC for his charity, Kanro. The move triggered extreme price swings, with some tokens dropping over 50% while others surged past 100%, underscoring meme coin volatility.
CatherineUS prosecutors estimate over one million victims in the $40 billion Terra collapse. Terraform Labs co-founder Do Kwon, in US custody, denies nine felony fraud charges. His 8 January pretrial conference marks a pivotal moment in crypto’s biggest fraud case.
KikyoGemini Trust settled with the CFTC for $5 million over misleading statements made while seeking approval for Bitcoin futures contracts. The settlement avoids a trial and highlights ongoing regulatory challenges facing crypto firms.
WeatherlyBinance CEO Richard Teng believes a globally distributed workforce is crucial for attracting top talent and improving customer service. While many companies are returning to the office, Binance maintains its commitment to remote work. Could this be key to its success?
CatherineSamsung will reveal its new Galaxy S25 series, including the slim S25 Ultra, at an event on January 22, 2025, showcasing advancements in mobile AI. The event will be livestreamed globally, with pre-order deals offering credits and a chance to win a $5,000 Samsung gift card.
AnaisNotebooks seized by police revealed deepfake-driven fraud. Authorities arrested 31 suspects, including students. Is online romance now a minefield of deception?
CatherineCambodia's central bank introduced new rules for digital assets, allowing banks to engage with tokenized assets and stablecoins but banning direct cryptocurrency holdings. Non-compliance could result in heavy fines, aiming to protect the financial system and consumers.
WeatherlyBackpack has acquired FTX EU for $32.7 million, aiming to offer regulated crypto derivatives in Europe, including perpetual futures. The company is working to reactivate FTX EU's licence and return funds to affected customers while expanding its services in the region.
AnaisMicrosoft announced a $3 billion investment to expand its cloud and AI infrastructure in India, including setting up new data centers and training 10 million people in AI skills by 2030.
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