Technology

AI search startup Perplexity on track for massive  billion valuation – WSJ

AI search startup Perplexity on track for massive $14 billion valuation – WSJ

Artificial intelligence search startup Perplexity is reportedly in advanced talks to raise $500 million in a new funding round that would value the company at $14 billion, the Wall Street Journal reported, citing people familiar with the matter. The round is expected to be led by venture capital giant Accel, with continued backing from Nvidia, […]

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Fake AI Tools Used to Spread Noodlophile Crypto Wallet Stealing Malware

Fake AI Tools Used to Spread Noodlophile Crypto Wallet Stealing Malware

In brief Cybercriminals are using fake AI tools on social media to spread Noodlophile malware. Malicious platforms trick users into downloading ZIP archives that steal sensitive data. Noodlophile stealer, which researchers suspect originated in Vietnam, can include additional remote access trojans. People are being tricked into downloading fake AI tools as a way to spread

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Rumble non-custodial Bitcoin wallet to launch in Q3 in challenge to Coinbase

Rumble non-custodial Bitcoin wallet to launch in Q3 in challenge to Coinbase

Rumble, the video-sharing platform known for backing alternative media voices, is developing a crypto wallet that could launch by the third quarter of this year. On May 9, Rumble CEO Chris Pavlovski said the wallet will serve as a non-custodial tool tailored for creators. He emphasized the company’s ambition to become a central player in

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XRP payments coming to 6,000 US pharmacies in new M healthcare deal

XRP payments coming to 6,000 US pharmacies in new $50M healthcare deal

Pharmaceutical supply chain and technology firm Wellgistics Health has announced it will integrate XRP as a treasury asset and payments infrastructure across its pharmacy network. The $50 million capital facility, structured as an equity line, was arranged through LDA Capital, a private alternative investment group with prior involvement in crypto-backed funding strategies. The agreement allows Wellgistics to draw

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SEC considers crypto exemption to streamline tokenized securities trading

SEC considers crypto exemption to streamline tokenized securities trading

The US Securities and Exchange Commission (SEC) is reviewing a potential exemption order allowing firms to issue and trade securities using distributed ledger technology (DLT). SEC Commissioner Hester Peirce revealed this plan during a May 8 address at the agency’s International Institute for Securities Market Growth and Development. SEC’s proposed crypto framework According to Peirce,

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Coinbase Breathes New Life Into Long-Forgotten Web Payment Code

Coinbase Breathes New Life Into Long-Forgotten Web Payment Code

In brief x402 enables users to make payments without registration, emails, or complex signatures. The protocol only uses a single line of code, simplifying how crypto could be used as a native payment on the web. It also targets AI agents that previously couldn’t navigate traditional payment systems. Since the early days of the internet,

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Robinhood reportedly considering Solana, Arbitrum for new blockchain securities platform in Europe

Robinhood reportedly considering Solana, Arbitrum for new blockchain securities platform in Europe

Robinhood is reportedly working on blockchain infrastructure that will enable European retail investors to trade US securities, Bloomberg News reported on May 7. According to the report, the brokerage platform is exploring a partnership with a digital asset firm to support the initiative and is considering Arbitrum and Solana as potential blockchain layers. People with

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Movement Labs rebrands as MOVE token faces dramatic plunge and potential Binance delisting

Movement Labs rebrands as MOVE token faces dramatic plunge and potential Binance delisting

Movement Labs has removed co-founder Rushi Manche and restructured under a new name, Move Industries. The company announced Manche’s termination on May 7, saying: “Movement Labs has terminated Rushi Manche. Movement will continue under different leadership. Details on leadership changes and a revamped governance structure will be coming soon.” The decision follows a high-profile investigation

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Ethereum Pectra upgrade is live, bringing major changes to wallet functionality

Ethereum Pectra upgrade is live, bringing major changes to wallet functionality

Ethereum has activated the Pectra upgrade on its mainnet, marking a significant milestone for the blockchain network. The upgrade went live at epoch 364032 on May 7 around 10:05 UTC. Tim Beiko, the Ethereum Foundation’s Protocol Support Lead, confirmed the upgrade, stating that Pectra had successfully gone live and finalized. He noted that ongoing testing

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Ethereum’s pectra upgrade prompts temporary pause from Binance and Coinbase

Ethereum’s pectra upgrade prompts temporary pause from Binance and Coinbase

Top crypto exchanges Binance and Coinbase will temporarily pause Ethereum (ETH) deposits and withdrawals in preparation for the network’s upcoming pectra upgrade. Binance stated that ETH and tokens on Layer 2 networks like Arbitrum, Optimism, Base, Scroll, Worldcoin, and zkSync will be affected. The exchange pause starts at 09:45 (UTC). The exchange furthered that while

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