Hackers stole more than half a billion dollars worth of Ethereum from the Ronin blockchain behind play-to-earn game, Axis Infinity. The FBI now attributes the heist to a North Korean outfit calling itself the Lazarus Group. The company behind the blockchain has released a full post mortem detailing the new security measures being put in place by the end of the month.
The Piper Sandler Taking Stock With Teens® survey is a semi-annual research project that gathers input from 7,100 teens with an average age of 16.2 years. Discretionary spending patterns, fashion trends, technology, and brand and media preferences are assessed through surveying a geographically diverse subset of high schools across the U.S.
Silvio Micali, founder of Algorand, is working to solve the so-called trilemma by pushing the limits of scalability via its PPoS algorithm, which is a blockchain that uses a pure proof-of-stake protocol, and the company was one of the main sponsors of the summit.
Andy Jassy says that the international online retail platform Amazon could potentially sell non-fungible tokens in the future, adding that he doesn't own bitcoin or NFTs and doesn’t think Amazon is close to adding crypto payment options in the the future but believes crypto will become more significant over time.
The Houston Astros are installing Just Walk Out systems at two concession stores in Minute Maid Park. The tech uses computer vision and other forms of AI to track shoppers as they enter and take back items. The Astros' stadium is the first in Major League Baseball to adopt the system, and they're using the same modified system.
According to anonymous sources, Meta aims to launch its first AR glasses, part of its Project Nazare initiative, in 2024, with the initial model independent of your phone, but you would need a "phone-shaped device" to handle the computing and rely on a pulse-based wristband for control.
The James Webb Space Telescope is one step closer to probing the depths of the universe after the telescope’s instrumentation reached its final operating temperature of minus 448 degrees Fahrenheit (or minus 267 degrees Celsius), allowing JWST’S systems to drop to a temperature of approximately minus 298 degrees Fahrenheit.
TikTok is testing a way for users to "dislike" comments in an effort to help people feel more in control over what they are seeing. The company has not provided many details about the feature or how it will work. It seems that individual users will have no way of knowing if their comment has been disliked, so it seems that dislike counts will not be viewable.
Facebook parent Meta Platforms will charge creators around 47.5% on sales of digital assets and experiences made inside the company's virtual reality platform Horizon Worlds. The overall charge comprises of 30% hardware platform fee for sales made through Meta Quest Store, where it sells apps and games meant for its virtual reality headsets.
The bill regulating the cryptocurrency market in Brazil is expected to be approved by the National Congress in the first half of this year. The legislation has been debated in the Chamber of Deputies since 2015, but has been approved in the second round of consideration. The bill also proposes a penalty of four to eight years in prison, in addition to a fine for those who commit fraud in the provision of virtual asset services.
BlackRock CEO Larry Fink is studying the crypto sector broadly, looking at assets, stablecoins, permissioned blockchains and tokenization. BlackRock has been working with Circle for the past year managing some of the company's cash reserves, with the goal of becoming the primary manager of those reserves.