Airbnb Host Slapped with ₹1.25 Lakh Electricity Bill After Guests Mine Cryptocurrency
QUICK BITE A North Carolina Airbnb host had to add a surprising new rule: no cryptocurrency mining. This change came…
Category
News
Stay informed with Crypto India Magazine, your professional destination for crypto news, the latest Web3 news, and updates from the blockchain world. We deliver accurate and timely coverage from cryptocurrency news today to insights into DeFi, NFTs, and other innovations. Whether you're catching up on crypto news today or diving into the latest Web3 news, Crypto India Magazine ensures you’re always in the know.
General Motors Cuts 1,000 Software Jobs to Explore Use of AI
The layoffs aren't about saving money or employee performance but are aimed at helping the company stay competitive in the growing market of software-defined vehicles.
Procreate Rejects Generative AI, Champions Human Creativity in Design
QUICK BITE While artificial intelligence (AI), particularly generative AI, is gaining traction and undeniably making many segments more efficient, it’s…
Ola’s Krutrim AI Cloud Offers Free Access to Everyone Until Diwali
Launched in early 2024, Krutrim AI Cloud provides a wide range of AI tools and services for developers, researchers, and businesses.
Crypto Crime Dips in 2024, But Centralized Exchanges Face Rising Thefts and Ransomware: Report
After a period of focusing on DeFi protocols, crypto criminals are targeting centralized exchanges. These exchanges, which handle significant Bitcoin transactions, are proving to be attractive targets.
Exodus Wallet Reports 80% Revenue Surge in Q2 2024 Amid Crypto Market Growth
With nearly a decade of experience, Exodus has built a trusted brand gaining recognition from consumers and other platforms.
Tornado Cash Developer Seeks Additional $1M for Legal Defense Against Money Laundering Charges
The support account pointed out that Pertsev has run out of money, stressing the need to stand with him and raise between $750,000 and $1 million to cover his ongoing legal costs.
Atari Revives Classic Breakout Game on Coinbase’s Base Network
As part of Base's "OnChain Summer," players can compete on the Atari Breakout leaderboard.
Japanese Investment Firm Metaplanet Secures $6.8M Loan to Expand Bitcoin Holdings
The loan from MMXX Ventures, a Metaplanet shareholder, has a 0.1% annual interest rate and a six-month term starting on Aug. 8. The company stated that the loan will be repaid in a lump sum.
Apple Intelligence Writing Tools Warn Users About Sensitive Content
The Apple Intelligence writing tools aren't designed to create new content from scratch, but Apple wants to alert users when the AI encounters sensitive terms.
Riot Posts $84 Million Quarterly Loss Amid Increasing Bitcoin Mining Difficulty
Bitcoin mining difficulty rose by 10.5%, from 82.05 trillion to 90.67 trillion, marking a 10% increase in the effort needed to mine a block compared to the previous 2,016 blocks or two weeks.
BitMEX Co-Founder Arthur Hayes Backs Ordinals Wallet Oyl and Launches Airheads NFT Series
Airheads is a collection of characters inspired by balloons, reminiscent of Jeff Koons' playful yet edgy balloon-like creations. The characters symbolize the inflationary pressures we all face, appearing large and beautiful due to metaphorical inflation.
Bombay High Court Protects Arijit Singh’s Rights Against Unauthorized AI Voice Cloning
In an interim order, Justice Riyaz Chagla prohibited eight online platforms from exploiting Singh's personality rights and ordered the removal of all such content and voice conversion tools.
Tria Unveils Unchained to Simplify Web3 Asset Management on Injective Blockchain
Tria's solution enables users to interact with any asset on any decentralized application across different chains without the need for additional wallets, bridging, or gas tokens, all facilitated by chain abstraction technology.
SEC Charges BitClout Founder Nader Al-Naji with $257 Million Cryptocurrency Fraud
Al-Naji raised $257 million through BitClout's token sale, allegedly misleading investors about fund usage. The SEC claims he spent over $7 million on personal expenses, including a Beverly Hills mansion and family gifts, instead of compensating employees.
Ta-da Launches Blockchain-Powered To-Earn App for AI and Web3 Tasks
Ta-da is led by a team of 20+ experts in AI and blockchain, including advisors such as Siri (Apple) creator Luc Julia, Morningstar Ventures founder Danilo S. Carlucci, and Hasheur, the largest crypto KOL in Europe.
Portal to Bitcoin Expands Ecosystem with Bitlayer, Sovryn, and Tari Partnerships
Portal to Bitcoin provides a decentralized way to access Bitcoin liquidity. It combines the Lightning Network and atomic swaps to ensure security and eliminate the need for centralized intermediaries or custodians.
SEC Greenlights Grayscale Bitcoin Mini Trust for NYSE Arca Listing
SEC specifically authorized the 19b-4 form for the Grayscale Bitcoin Mini Trust. This trust, identified by the ticker “BTC,” is intended as a derivative of GBTC, with new shares of the mini trust to be distributed to GBTC shareholders.
GAGA Meme Coin Debuts With Peace-Focused Cryptocurrency Model
QUICK BITE Following recent global shifts and economic changes, meme coins have shown impressive resilience and flexibility. Established players like…
OpenAI Announces SearchGPT, Its AI-Powered Search Engine
SearchGPT will initially launch with a select group of users and publishers before a broader rollout. Instead of becoming a standalone product, SearchGPT will be integrated into ChatGPT.
Crypto-Friendly Neobank Revolut Secures UK Banking License After Years-Long Wait
The London-based neobank has been waiting for years to reach this point after applying for a UK banking license in 2021.
Boba Network Launches $1M Accelerator for Web3 Startups
In partnership with Brinc, a global leader in venture acceleration and corporate innovation, the Boba Liftoff Accelerator helps founders move their projects to the Boba Network.
Indian Finance Minister Ignores Crypto Industry’s Budget Tax Plea
The Indian Finance Minister Nirmala Sitharaman’s 2024-25 Union Budget speech on July 23 made no mention of cryptocurrencies. It has left the crypto industry in India in a state of uncertainty.
Blockchain Audits Reveal High Frequency of Logic Errors and ZK Vulnerabilities
Veridise conducted an analysis of 100 audit projects from its database, encompassing various smart contracts, blockchain implementations, and zero-knowledge solutions. The data set revealed a total of 1605 issues, with 1533 issues having identifiable types.