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Digital Danger: Why AI Chatbots Should Be Off-Limits to Children

AI companions driven by generative artificial intelligence pose serious risks to young users and should be off-limits to minors, according to a new study released 30 April by US tech watchdog Common Sense.

The rise of generative AI following ChatGPT’s debut has fuelled a wave of startups offering AI “friends” or digital confidants that adapt to users’ preferences—often blurring the line between virtual companionship and emotional

AI-Driven Black Mirror Token Tracks Blockchain and Social Scores

How much of your digital footprint would you trade for cryptocurrency?

That is the provocative premise behind the newly announced Black Mirror token—an officially licensed crypto project inspired by Netflix’s acclaimed dystopian series.

Developed on the KOR Protocol and supported by industry players like Animoca Brands, Niantic Labs, and Avalanche, the experience is powered by a virtual assistant named Iris.

Introducing the Bla

Mesh Integrates Apple Pay for Crypto Purchases, Merchants Get Paid in Stablecoins

Mesh, a global cryptocurrency payments platform, officially unveiled its Apple Pay integration during a live demonstration at the Token2049 conference in Dubai on 1 May.

The announcement, delivered by Mesh CEO Bam Azizi, marks a major step forward in bridging traditional payments with digital assets.

Through this integration, shoppers can make purchases using cryptocurrencies via Apple Pay, while merchants recei

Malaysian Authorities Seize Over $52K in Equipment From Illegal Bitcoin Mining Raid

Malaysian authorities have dismantled another illegal Bitcoin mining operation, this time targeting sites in Hulu Terengganu and Marang, located in the country’s northeastern region.

Acting on intelligence, police conducted coordinated raids at two locations—Bukit Perpat in Hulu Terengganu and Wakaf Tapai in Marang—where they uncovered an illicit crypto mining setup powered by stolen electricity.

The enforceme

Hacker Behind Mango Markets Exploit Gets Prison Time for CSAM Possession

Avraham “Avi” Eisenberg, the figure behind the infamous $110 million exploit of Mango Markets in 2022, has been sentenced to 52 months in federal prison—not for the crypto heist, but for a separate guilty plea to possessing child sexual abuse material (CSAM).

The sentencing took place on 1 May in the US District Court for the Southern District of New York, nearly a year after Eisenberg was indicted for fraud related to th

US Spending Didn’t Slow Post-Trump Inspite of Elon Musk’s D.O.G.E Efforts

Elon Musk publicly urged Donald Trump—three times—during an August 2024 livestream on X Spaces to launch a sweeping government cost-cutting initiative.

Elon told him:

“We need a government efficiency commission.”

At the time, Trump deflected, pivoting instead to military spending, despite Musk having already funnelled hundreds of millions into his re-election bid.

Eight months later, Trump relented.

The result was D.

Dormant Crypto Platforms Face Scrutiny in Australia

Australia’s financial intelligence agency, AUSTRAC, is taking decisive action against dormant crypto exchanges over concerns they could become conduits for fraud or criminal misuse.

On 29 April, the agency announced it is contacting registered digital currency exchanges (DCEs) that appear inactive, urging them to either voluntarily withdraw their registration or face cancellation.

Australia’s finance watchdog to crack down on dormant crypto

New UK Draft Rules Aim to Shape Crypto Framework and Crack Down on Abuse

The UK unveiled draft legislation on Tuesday aimed at establishing a clear regulatory framework for the cryptocurrency sector, signalling a more collaborative approach with US counterparts as it seeks to bring order to a fast-moving and often unruly space.

The proposed rules are part of the UK’s broader push to foster domestic Web3 innovation while ensuring robust consumer protection.

Speaking at a fintech conference, Fi

Crypto Momentum Grows in Abu Dhabi With New Stablecoin Push

Abu Dhabi is ramping up its presence in the digital asset arena as three of its largest institutions collaborate on the launch of a new dirham-backed stablecoin.

Sovereign wealth fund ADQ, conglomerate International Holding Company (IHC), and First Abu Dhabi Bank (FAB) unveiled their partnership on Monday, revealing plans for a digital token that will operate under the oversight of the UAE’s central bank.

Powered by the domestically

OpenAI's Shopping Rollout Heats Up Battle With Search and Retail Leaders

OpenAI has unveiled a sweeping upgrade to ChatGPT’s search capabilities, including a new ad-free shopping feature that allows users to find, compare, and purchase products directly—without sponsored placements.

The rollout marks a strategic push to broaden ChatGPT’s utility and intensify competition with Google’s ad-based search model.

OpenAI posted on X (formerly known as Twitter), alongside the announcement:

“Product

Musk Predicts Surgical Robots Will Surpass Humans Soon

Robots could soon take over one of the most delicate tasks traditionally reserved for humans: surgery.

In a recent post on X (formerly known as Twitter), Elon Musk predicted that robotic systems will soon outperform human surgeons, citing Neuralink’s advancements in robotic-assisted procedures.

Robots will surpass good human surgeons within a few years and the best human surgeons within ~5 years. @Neuralink had to use a robot for the brai

MetaMask Rolls Out Crypto Card with Mastercard

MetaMask is set to launch a crypto payments card that enables users to spend self-custodied funds, giving token holders new ways to use their assets beyond traditional exchanges.

Backed by Mastercard and developed in collaboration with CompoSecure and Baanx, the card leverages smart contracts to complete real-world transactions in under five seconds.

The metal card is coming.

Those who are on the waitlist will have good news soon. 👀

Excited t

AI Advances, But Still Fails to Understand Human Interactions

While artificial intelligence (AI) continues to evolve, it remains challenged by the complexities of human social interactions.

A recent study in the United States sheds light on this limitation, revealing that while AI can efficiently recognise objects and faces in still images, it struggles to describe and interpret social dynamics in moving scenes.

Led by Leyla Isik, a professor of cognitive science at Johns Hopkins University,

Ethereum’s Term Finance Negotiates Partial Recovery After $1.6M Lost to Oracle Error

Ethereum-based fixed-rate lending platform Term Finance, reported recovering $1 million of the $1.6 million lost due to faulty liquidations in its Treehouse (tETH) market, caused by a misconfigured oracle.

The issue was first flagged by blockchain security firm TenArmorAlert, which identified two suspicious transactions linked to Term Labs.

🚨TenArmor Security Alert🚨

Our system has detected 2 suspicious tra

Solana DeFi’s Loopscale Loses $5.8M in Major Breach

Loopscale, a Solana-based DeFi platform, reported a major security breach that impacted its USDC and SOL vaults, resulting in a loss of approximately $5.8 million, or about 12% of its total value.

This exploit occurred just two weeks after the platform’s official launch.

Today at 11:30AM EST, a manipulation of Loopscale’s RateX PT token pricing functions led to an exploit of ~5.7M USDC and 1,200 SOL from the Loopscale USDC and SOL Vaults. Al

World Liberty Financial and Pakistan Crypto Council Join Forces to Advance Blockchain and DeFi

World Liberty Financial (WLF), a decentralised finance (DeFi) project with ties to the Trump family, has signed a letter of intent with the Pakistan Crypto Council (PCC) to advance blockchain, stablecoin, and DeFi initiatives in Pakistan.

The agreement was formalised on 26 April during a high-level meeting between WLFI co-founders Zak Folkman, Zach Witkoff, and Chase Herro, Pakistan’s Prime Minister,

Next Pope Odds Skyrocket After Vatican Hoax Targets Crypto Gamblers

Polymarket’s prediction market for the next Pope has surged past $6.4 million in total bets, following a viral social media hoax that falsely claimed the Catholic Church planned to excommunicate gamblers.

The fake notice mimicked an official Vatican statement, denouncing platforms like Polymarket for turning the sacred papal election into a “speculative exercise” and urging the faithful to approach the Conclave with reverence

Father and Son Convicted in Major Crypto Fraud That Bilked Investors Out of $12M

Hugh Austin, a convicted crypto fraudster, has been sentenced to 18 years in federal prison for leading a $12 million laundering scheme that allegedly involved his son, Brandon Austin.

Long Island man sentenced to 18 years in $12 million crypto scam involving his son
📰 Read More #million #scam #long #Sentenced #crypto https://t.co/VbGVgsoR0j

— DMK News Bot (@dmknewsbot) April 24, 2025

According to a 23 April pr

Crypto Races Into Banking as Over 15 Firms Seek Licenses

More than 15 cryptocurrency and fintech firms—including Circle and BitGo—are actively pursuing banking licenses through the Office of the Comptroller of the Currency (OCC), which oversees roughly 1,000 national banks and federal savings associations.

The wave of applications reflects a growing push by digital asset firms to deepen their integration with the traditional financial system.

This surge comes amidst signs that the OCC, under

Synthetix Token Flagged, Leading Upbit and Bithumb to Pause Deposits

South Korea’s largest crypto exchanges, Upbit and Bithumb, have suspended deposits of Synthetix (SNX) tokens following a warning from the Digital Asset Exchange Alliance (DAXA), the country’s self-regulatory body that sets industry standards.

📉 Upbit and Bithumb Suspend SNX Deposits 💸

Upbit and Bithumb suspend SNX deposits due to volatility risks in sUSD, after concerns about the stablecoin's depeg from the dollar.https://