Forward Industries Bets Big on Solana Future With $1 Billion Buyback and SEC-Registered Resale Plan
Forward Industries announced a $1 billion share buyback and filed a resale prospectus with the US SEC to strengthen investor confidence.
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Michigan State Pension Fund Invests $10M in Ethereum
05/11/2024 13:14
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Australian Former Rugby Star Trent Merrin Arrested Over Alleged $140,000 Cryptocurrency Theft
Former Australian NRL player Trent Merrin has been charged with stealing $140,000 in cryptocurrency and was arrested at his Barrack Point home. Police allege he accessed another person’s crypto account without permission, and he is due to appear in court on 3 December.
WeatherlyStraitsX Introduces Unified Payment Network Linking Singapore, Thailand, Taiwan, and Japan for Faster and Transparent Transactions
StraitsX is expanding its stablecoin network to link Singapore, Thailand, Taiwan, and Japan, enabling real-time cross-border payments from 2026. The system will let travellers and merchants use local wallets while settlements happen instantly in domestic currencies, with XSGD facilitating the transactions behind the scenes.
AnaisRipple’s President Long Confirms ‘No Plan, No Timeline’ for IPO Despite Industry Listing Rush
Ripple has confirmed it has no plans to go public, choosing to stay private despite other crypto firms launching IPOs. The company raised $500 million at a $40 billion valuation to fund its global expansion and product development.
WeatherlyOpenAI Turns To US Government For Loan Backing Amid Record $1 Trillion Data Centre Spending
OpenAI has asked the US government to provide loan guarantees to help fund its trillion-dollar AI infrastructure plans. The company aims to lower borrowing costs and attract more investors while delaying profitability and an IPO.
AnaisSouth Korean Model Moon Ga-bi Urges Public to Stop Illegal AI Videos After Son’s Face Is Falsely Revealed
Moon Ga-bi criticised an AI-generated video that falsely showed her son’s face using her personal photos without permission. She confirmed her son’s face has never been revealed and called for people to stop spreading fake images and videos.
AnaisRecruited to Work in Singapore, Chinese Hackers Used RATs to Target Gambling Sites and Harvest Foreign Government Information
Three Chinese men were jailed in Singapore for carrying out cyberattacks on gambling and SMS companies, earning US$3 million in cryptocurrency. They were hired by a Ni-Vanuatu citizen, used malware and hacking tools, and were caught during a police raid.
AnaisMastercard Partners With Ripple and Gemini to Pilot RLUSD Stablecoin Payments on Credit Cards
Mastercard, Ripple, and Gemini are testing credit card payments using the stablecoin RLUSD on Ripple’s XRP Ledger. The pilot, involving WebBank, aims to settle transactions on a public blockchain and explore faster, more efficient payment options.
WeatherlyUpbit Parent Dunamu Faces ₩35.2 Billion Fine After Watchdog Finds Millions of Flawed Customer ID Checks
South Korean regulators fined Upbit operator Dunamu ₩35.2 billion for failing to follow anti-money laundering and customer verification laws. Officials said the company recorded over eight million identification breaches, making it one of the country’s biggest penalties against a crypto firm.
WeatherlyAI Shopping Assistants Fail Real-World Tasks in Microsoft Study, Exposing Risk of Fraud and Poor Decisions
Microsoft tested hundreds of AI shopping agents in a simulated marketplace and found they struggle with decision-making, coordination, and security. The study showed many agents make poor choices when faced with many options and are vulnerable to manipulation, highlighting risks in unsupervised online commerce.
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