Everything web3, crypto, defi, degen
In brief Remy St Felix was previously convicted of leading a home invasion crew that swiped crypto from victims. Already serving 47 years in prison, he was sentenced to six additional years for beating a witness. So-called wrench attacks, or physical assaults on crypto holders, have accelerated this year. A Florida man sentenced to 47…
In brief ChatGPT still leads, but Google’s Gemini and Musk’s Grok are closing fast, per Andreessen Horowitz’s Top 100 AI Apps. The AI app market is stabilizing—fewer new entrants on web, more originality on mobile. China’s AI giants and “Brink List” newcomers show the next wave of global challengers. For more than a year, OpenAI’s…
In brief A 35-year-old former crypto trader was allegedly kidnapped and tortured in Paris, with captors demanding €10,000 ransom before releasing him with a swollen face. France leads Europe with 10 crypto-related physical attacks in 2025, part of what experts call a hidden epidemic affecting the global crypto community. Cybersecurity experts warn the incidents represent…
In brief Durov has called his August 2024 arrest “legally and logically absurd,” claiming French police detained him over crimes by users he’d never heard of. The Telegram CEO must report to French authorities every 14 days despite ongoing investigation finding no wrongdoing by him or his platform. Durov remains under judicial supervision in France,…
In brief The group said the program aims to diversify its business, believing it would serve as a bridge between crypto and the NYSE. AMTD plans to use their media, hospitality, and education assets to offer asset-allocation support, VIP experiences, and financial education. All three are micro to small-cap companies, with the largest running at…
In brief A Brazilian woman was kidnapped because criminals wanted to target her crypto-trading son. Local media reported that her son had to pay about $600,000 worth of Bitcoin as a ransom. Such kidnappings, known as “wrench attacks,” are on the rise around the world. Brazilian police have arrested four individuals after they allegedly kidnapped…
In brief TRON founder Justin Sun is suing Bloomberg to block publication of his detailed crypto holdings. Sun warns that disclosing specific crypto amounts would expose him to “wrench attacks,” and enable criminals to identify his wallet addresses. Bloomberg journalists allegedly promised his data would remain “strictly confidential,” but the company now plans to publish…
In brief Google Play will require software wallets to obtain jurisdiction-specific licenses before distribution in regulated markets. The announcement prompted initial backlash over fears that the rules would extend to non-custodial wallets on Android devices. Google clarified that non-custodial wallets are exempt from the policy and said it will update its Help Center to reflect…
In brief Marathon Digital’s AI strategy relies on co-developing platforms with energy firms. The strategy is unproven, according to analysts at Compass Point. The Bitcoin miner is also trying to grow its revenue abroad. Analysts at investment firm Compass Point reiterated a “neutral” rating for Marathon Digital on Wednesday, arguing that the firm’s focus on…
In brief Nym’s token surged 12% after the UK began enforcing the Online Safety Act, triggering a 6,000% spike in VPN demand. The law forces age verification for online content, pushing users to seek privacy tools to bypass restrictions. Privacy advocates say the law enables mass surveillance under the guise of protecting children. The Nym…
