Coinbase is cooperating with US law enforcement following a data breach where cybercriminals allegedly bribed employees and contractors to leak user data. The exchange claims these individuals were based in India. The US Department of Justice (DoJ) has joined the Securities and Exchange Commission (SEC) in investigating the incident, focusing on identifying and prosecuting the cybercriminals responsible. Coinbase has emphasized that the investigation is not targeting the exchange itself, but rather the perpetrators of the data breach and bribery scheme. They are actively assisting authorities to bring the cybercriminals to justice. The company remains committed to protecting user data and bolstering its security measures following the incident.
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PS5 Digital Edition Price Hiked in India: Here’s How Much It Costs Now
Sony has increased the price of the PlayStation 5 Digital Edition in India by Rs. 5,000, bringing it to Rs. 49,990. This price hike, observed on Sony’s Shop at SC website, follows similar adjustments in the UK and Europe during April. Interestingly, only the Digital Edition’s price has been affected, with the disc version maintaining its original price point. This mirrors Sony’s strategy in other markets where the digital-only console saw a price increase while the standard disc version remained the same. The price adjustment impacts the PS5 Slim Digital Edition, offering a more affordable entry point into the current generation of PlayStation gaming.
Adobe Upgrades Firefly Video Model With New Tools and Improved Motion Generation
Adobe has announced upgrades to its Firefly video model, focusing on smoother and more natural motion generation. The company is also introducing advanced video controls, empowering users to create more consistent and predictable video outputs. These improvements aim to enhance the overall user experience and creative control within the Firefly platform.
Beyond its in-house developments, Adobe is also integrating third-party AI models into Firefly Boards. Four new models are being added, expanding the platform’s capabilities and offering users a broader range of AI-powered tools. This move signifies Adobe’s commitment to open innovation and providing users with diverse AI solutions within a unified environment. The upgrades and integrations are designed to further solidify Firefly as a leading platform for video creation and AI-powered content generation.
Bitcoin Surges Past $107,000 for First Time Since January as Altcoins Rally
Bitcoin broke past $107,000 (approximately Rs. 91.5 lakh) on Wednesday, May 21st, marking the first time in four months it reached this level. The leading cryptocurrency experienced a nearly two percent increase in value across global exchanges within the last 24 hours.
Data from CoinMarketCap indicates Bitcoin is currently trading at $107,616 (roughly Rs. 92.1 lakh) internationally. Indian exchanges mirrored this upward trend. BTC saw profits nearing two percent and is presently valued at $107,780 (approximately Rs. 92.2 lakh) on platforms like CoinDCX and CoinSwitch. This surge signals renewed positive momentum for Bitcoin in both global and Indian markets.
Xbox Game Pass Titles for First Half of July Announced: Tony Hawk’s Pro Skater 3 + 4, the Ascent and More
Xbox Game Pass is bolstering its library in the first half of July with a diverse range of titles. Leading the charge is the day-one release of Tony Hawk’s Pro Skater 3 + 4, a highly anticipated remake combining two iconic skateboarding games.
Joining the skateboarding action are several other exciting additions. Players can delve into the unsettling world of Little Nightmares 2, test their adventuring skills in Rise of the Tomb Raider, and engage in intense cyberpunk combat in The Ascent.
Beyond these highlighted games, Xbox Game Pass promises further additions throughout July, including more games, downloadable content, and subscriber benefits. This initial lineup showcases the service’s commitment to providing a wide variety of gaming experiences.
DuckDuckGo Introduces New Filter That Hides AI-Generated Images in Search Results
DuckDuckGo has introduced a new feature allowing users to filter out AI-generated images from their search results. This filter, based on a curated list of websites known for hosting synthetic images, lets users focus on authentic, non-AI imagery. The privacy-focused search engine aims to provide users with greater control over the content they encounter.
In addition to the image filter, DuckDuckGo is offering a separate domain of its search platform where all first-party AI features are disabled by default. This provides an alternative search experience for those seeking a more traditional, non-AI-enhanced environment. These moves underscore DuckDuckGo’s commitment to user choice and its stance on transparency regarding AI-generated content.
Hong Kong’s legislature has approved a stablecoin bill, establishing a licensing framework for issuers of fiat-referenced stablecoins. This aims to provide regulatory certainty for the burgeoning stablecoin market.
The new law mandates that any entity issuing stablecoins within Hong Kong, or issuing Hong Kong dollar-backed stablecoins regardless of location, must obtain a license from the Hong Kong Monetary Authority (HKMA). This stringent requirement underscores Hong Kong’s commitment to overseeing and controlling stablecoin activities.
The bill also lays out specific criteria, ensuring responsible stablecoin issuance and safeguarding user interests. These measures signify a significant step towards integrating stablecoins into Hong Kong’s financial landscape under a well-defined regulatory umbrella.
WWE 2K25 Launches on Nintendo Switch 2 This Month, Pre-Orders Now Live
WWE 2K25 is heading to the Nintendo Switch 2 on July 23rd, 2K announced. Following its March release on PC, PlayStation, and Xbox, the wrestling game is now available for pre-order on the Nintendo eShop for the new console.
2K has revealed that the Switch 2 version will offer multiple editions, including the Standard Edition and the Deadman Edition. An announcement trailer showcasing the game on the Switch 2 has also been released. Fans can expect details on pre-order bonuses and specific features tailored for the new console soon. This marks a significant step in bringing the latest WWE 2K experience to Nintendo gamers.
Perplexity In Talks With Smartphone Brands to Preinstall AI-Powered Comet Browser: Report
Perplexity is aiming for massive user growth by 2026, targeting “tens to hundreds of millions” through pre-installation of its Comet browser on smartphones. The AI-powered browser, fueled by the same AI engine behind Perplexity’s search platform, launched on July 10th and is currently exclusive to Perplexity Max subscribers. A wider rollout via an invite system is planned soon. The company is reportedly in talks with smartphone manufacturers to achieve this ambitious distribution goal, signaling a push to directly compete with established mobile browsers. This pre-installation strategy could significantly boost Perplexity’s user base and solidify its position in the rapidly evolving AI-powered search and browsing landscape.
Trump Memecoin Holders Set to Dine With US President, Tron Founder Justin Sun Confirms Attendance
Donald Trump will host a dinner on May 22nd for the 220 largest holders of his $TRUMP memecoin at his golf club in Virginia. This exclusive event has fueled a surge in the memecoin’s price, jumping over 11% to $14.27 on Wednesday. However, the event has also drawn criticism. A group of US senators and others are planning a protest outside the venue.
