Hollywood video game performers go on strike, citing AI ‘abuse’
The American labor union has been trying for 18 months to get a clause preventing publishers from making AI-generated versions of their actors’ work without their consent.
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Report: North Korean Hackers Created Realistic Trading Bot to Steal Money
The North Korean hacking team Lazarus Group targeted several crypto exchanges last year, Chainalysis reports. One of the attacks involved the creation of a fake, but realistic trading bot website that was offered to employees of DragonEx exchange.In March 2019 the hackers stole approximately $7 million in various cryptocurrencies from Singapore-based DragonEx exchange. Though a…

How NFTs are making real estate investments more attainable
Analysts continue to view real estate as a secure and lucrative investment based on its history of higher returns, especially when compared to traditional stocks. In many ways, stability can be likened to the scarcity principle driving demand. But ultimately, there are only so many plots of land available in the world today unless explorers move…

Report: French Gaming Giant Ubisoft Considering Potential Blockchain Applications
French video gaming giant Ubisoft is allegedly exploring potential blockchain applications in gaming as a strategy to gain a more competitive edge in the industry. The news was reported by daily French financial newspaper Les Échos on June 11.Per Les Échos, Ubisoft has been quietly exploring blockchain applications for several months, and has allegedly already…

BlockDown: DeFi institutional adoption is booming but gas fees hinder growth
The BlockDown panel discussed the current issues but also the potential improvements for DeFi. 148 Total views 1 Total shares Panelists at a DeFi-focused talk held at the BlockDown conference on Thursday expressed their optimism at the past and future growth of decentralized finance, but highlighted the hurdles to adoption due to congestion on Ethereum.The…

Crypto Platform Cubits Begins Insolvency Procedure After Alleged Hack, Locks Users’ Funds
United Kingdom-based cryptocurrency payment platform Cubits has filed for administration following a sudden outage that locked customer funds, a company press release revealed Dec. 11.The act of filing for administration means that an insolvent company has appointed an external administrator in order to act of behalf of its creditors.Cubits, the trading name of legal entity…

Major Thai bank experimenting with decentralized finance
Kasikornbank has identified asset-backed DeFi as having the potential to create economic value for Thailand. 2433 Total views 14 Total shares Kasikornbank, or KBank, one of Thailand’s largest banks has begun experimenting with DeFi services as part of its business expansion plan.According to a report by Bangkok Post, the bank’s DeFi exploration is being spearheaded…

Elizabeth Warren proposes Elon Musk pay more taxes for gov’t efficiency
Senator Elizabeth Warren urged DOGE Chair Elon Musk to cut wasteful spending, proposing full IRS funding and closing the carried interest loophole.

DOGE out of control? Social media and whales sway Dogecoin price action
Dogecoin (DOGE) has been the talk of the crypto town in the month of April. On the first day of the month, it was trading in its usual $0.05 range. On April Fools’ day, Tesla CEO Elon Musk tweeted about the coin yet again. His tweet read, “SpaceX is going to put a literal Dogecoin…