Defi Protocol Sonne Finance Reports Major Security Breach, $20 Million Lost to Hackers
Sonne Finance, a decentralized liquidity market protocol, was hit by a cyberattack, with initial losses of $3 million in USD Coin and Wrapped Ethereum from its Optimism chain quickly escalating to $20 million, as detected by blockchain security firm Cyvers on May 15. Following the attack, Sonne Finance suspended its Optimism Market and assured that […] Powered by...
Leading Trader Criticizes Worldcoin’s ‘Predatory’ Tokenomics, Labels WLD a Fake $60B AI Coin
The Worldcoin project’s predatory tokenomics will not result in the “greatest transfer of wealth” to the masses but a transfer to the “pockets of the Worldcoin team and insiders,” a top-ranked trader has asserted. The top trader also accused project promoters of using Open AI co-founder Sam Altman’s past endorsement of Worldcoin to prop up […] Powered by...
Four-in-Ten Aussies Pirated Content in 2023, Overall Online Consumption Up 6%
The Australian government has released the 2023 edition of its Consumer Survey on Online Copyright Infringement. Commissioned by the Attorney-General’s Department, the research aims to better understand internet users’ consumption habits, across five key content types – Television, Movies/Film, Music, Video Games, and Live Sport – and track changes in behavior over time. The 2023 survey was conducted online from June 27 to July 15...
IMDb Struggles with Persistent Movie ‘Piracy’ Problem
Founded in 1990, the Internet Movie Database, commonly known as IMDb, is one of the oldest online repositories. The service predates the World Wide Web and was initially launched as the Usenet group “rec.arts.movies”. Three years later, it moved to the web in the form of the now widely known IMDb.com. Ever since, the site has served multiple generations of video fans. Today, it is owned by Amazon and despite the many alternatives that...
Internal Emails Reveal How a Controversial Gun-Detection AI System Found Its Way to NYC
NYC mayor Eric Adams wants to test Evolv’s gun-detection tech in subway stations—despite the company saying it’s not designed for that environment. Emails obtained by WIRED show how the company still found an in. Powered by WPeMatico
