Author: GT

In a series of posts on X on Monday, OpenAI CEO Sam Altman said that the popularity of the company’s new image-generation tool in ChatGPT will cause unspecified product delays. “We are getting things under control, but you should expect new releases from OpenAI to be delayed, stuff to break, and for service to sometimes be slow as we deal with capacity challenges,” Altman wrote. “Working as fast we can to really get stuff humming.” OpenAI’s new image-generation capability arrived with much fanfare — and controversy — for its impressive ability to recreate styles like Studio Ghibli’s hand-drawn animation. Over the weekend, Altman said…

Hackers stole $1.63 billion in cryptocurrency in the first quarter of 2025, a 131% increase from Q1 2024’s $706 million, according to blockchain security firms PeckShield and Immunefi. The biggest attack was on Bybit, which lost $1.46 billion, making up 92% of total losses. Phemex was also hit, with hackers stealing $69.1 million. Centralized exchanges accounted for 94% of all stolen funds, a shift from previous years when decentralized finance (DeFi) platforms were the main targets. February was the worst month, with $1.53 billion lost, mostly due to the Bybit breach. Other incidents in February included a $50 million attack…

Are you willing to hack and take control of Chinese websites for a random person for up to $100,000 a month?  Someone is making precisely that tantalizing, bizarre, and clearly sketchy job offer. The person is using what looks like a series of fake accounts with avatars displaying photos of attractive women and sliding into the direct messages of several cybersecurity professionals and researchers on X in the last couple of weeks.  “We are recruiting webshell engineers and teams to penetrate Chinese websites worldwide, with a monthly salary of up to $100,000. If you are interested, you can join our…

Coinbase shares dropped 33% in the first quarter of 2025, making it the company’s worst quarter since FTX collapsed in 2022. The stock opened the year at just over $257 and ended March at around $172. Despite this decline, Coinbase expects to report between $685 million and $765 million in subscription revenue, with analysts estimating total Q1 earnings at $1.87 billion. Bitcoin has fallen more than 20% from its all-time high, and Ethereum has dropped over 45%. Crypto-linked stocks followed a similar pattern. Marathon Digital Holdings lost over 37%, Riot Platforms fell by 32%, and Bitfarms saw nearly half its…

OpenSNP, a large open source repository for user-uploaded genetic data, will shut down and delete all of its data at the end of April, co-founder Bastian Greshake Tzovaras has confirmed. In a blog post, openSNP’s Greshake Tzovaras attributed the decision to shutter the site due to concerns of data privacy following the financial collapse of 23andMe and the rise in authoritarian governments around the world. Founded in 2011 by Greshake Tzovaras, along with Philipp Bayer and Helge Rausch, openSNP became an open and public repository for customers of commercial genetic testing kits, including 23andMe, to upload their test results and…

Grayscale Investments has filed to convert its private Digital Large Cap Fund into an exchange-traded fund (ETF), allowing public investors to access a portfolio that includes Bitcoin, Ethereum, XRP, Solana, and Cardano. Currently, the fund is only available to accredited investors through private placement. At the time of filing, Bitcoin makes up 79.4% of the fund, followed by Ethereum at 10.69%, XRP at 5.85%, Solana at 2.92%, and Cardano at 1.14%. Cardano was added in January 2025 after the removal of Avalanche due to index rebalancing. Since its launch in 2018, the fund’s market price has increased by 478.83%, according…

TikTok is shutting down its Instagram competitor, TikTok Notes, on May 8. The photo-sharing app launched in testing in Canada, Australia, and Vietnam last year. The company is notifying TikTok Notes users of its decision to retire the app and is directing them to ByteDance-owned Lemon8, which isn’t surprising given that the apps are quite similar and offer the same sort of functionality. “We’re excited to bring the feedback from TikTok Notes to Lemon8 as we continue building a dedicated space for our community to share and experience photo content, designed to complement and enhance the TikTok experience,” a TikTok…

NEW YORK (AP) — Nintendo is set to provide a closer look at its highly anticipated Switch 2 gaming console on Wednesday.The 60-minute Nintendo Direct presentation will be live-streamed at 9 a.m. EDT. A release date and price have yet to be announced, but Nintendo said earlier this year the console will hit the market in 2025.The Switch 2 is Nintendo’s latest hybrid console that can be played in hand with all of the nostalgia of a Game Boy, or connected to a screen and controller for a traditional home console experience.A January tease of the Switch successor showcased a…

Circle Internet Financial, a leading U.S. crypto firm that issues the stablecoin USD Coin, filed long-anticipated paperwork for an initial public offering on Tuesday. The 225-page financial disclosure includes previously unreported insights into one of the world’s largest crypto firms, illustrating Circle’s outsized presence in the booming stablecoin space, as well as the risk factors that might give investors pause ahead of an IPO. Founded in 2013, Circle has attempted to go public before, resulting in a failed SPAC agreement in 2022 that cost the company over $44 million in costs, according to the S-1 filing.  But with the crypto…

Skylight, a startup taking on TikTok with a more open alternative, is launching its mobile app to the public on Tuesday after just 10 weeks of active development. The app, which is backed by Mark Cuban and others, is now one of many to build on top of the AT Protocol — the same technology that underpins the social network Bluesky and a growing number of other apps. Developed by co-founders Tori White (CEO) and Reed Harmeyer (CTO), Skylight offers a short-form video app experience with many familiar features, including an in-app video editor; the ability to comment, like, and…