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EU could fine Elon Musk’s X $1B over illicit content, disinformation


European Union regulators are reportedly mulling a $1 billion fine against Elon Musk’s X, taking into account revenue from his other ventures, including Tesla and SpaceX, according to The New York Times.EU regulators allege that X has violated the Digital Services Act and will use a section...

Former New York governor advised OKX over $505M federal probe: Report


Cryptocurrency exchange OKX reportedly hired former New York Governor Andrew Cuomo to advise it over the federal probe that resulted in the firm pleading guilty to several violations and agreeing to pay $505 million in fines and penalties.Cuomo, a New York-registered attorney, advised OKX on legal...

Web3 Has a Memory Problem — And We Finally Have a Fix


A world computer needs a memory that’s not just decentralized but also efficient, scalable, and reliable. We can build it using Random Linear Network Coding (RLNC), says Muriel Médard, co-founder of Optimum, which offers memory infrastructure for any blockchain. Médard is the co-inventor of RLNC...

VC Roundup: 8-figure funding deals suggest crypto bull market far from over


Venture capital funding continued to pour into the blockchain and cryptocurrency industry in March, even as market commentators sensationalized the end of the bull market amid Bitcoin’s 30% retracement. VC flows are considered a vital sign for the blockchain industry, with higher deal...

VC Roundup: 8-figure funding deals suggest crypto bull market far from over


Venture capital funding continued to pour into the blockchain and cryptocurrency industry in March, even as market commentators sensationalized the end of the bull market amid Bitcoin’s 30% retracement. VC flows are considered a vital sign for the blockchain industry, with higher deal...

Android malware ‘Crocodilus’ can take over phones to steal crypto


Cybersecurity firm Threat Fabric says it has found a new family of mobile-device malware that can launch a fake overlay for certain apps to trick Android users into providing their crypto seed phrases as it takes over the device. Threat Fabric analysts said in a March 28 report that the Crocodilus...

Android malware ‘Crocodilus’ can take over phones to steal crypto


Cybersecurity firm Threat Fabric says it has found a new family of mobile-device malware that can launch a fake overlay for certain apps to trick Android users into providing their crypto seed phrases as it takes over the device. Threat Fabric analysts said in a March 28 report that the Crocodilus...

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