Author: John Smith

Google Chrome has been silently installing a 4GB AI model called Gemini Nano on users’ devices without consent, a researcher found. Summary Researcher Alexander Hanff documented Chrome secretly downloading a 4GB AI model called Gemini Nano to eligible devices without user notification or consent. The model reinstalls itself automatically if users delete it, and Chrome does not offer an opt-out prompt during installation. Hanff argues the practice likely violates the EU’s ePrivacy Directive and GDPR, raising legal questions that have not yet been tested in court. Google Chrome is silently installing a 4GB AI model on users’ devices without consent,…

Kraken’s Etana fraud case alleges a Ponzi-like scheme diverted more than $25m in client funds. Summary Kraken parent Payward filed a second amended complaint in Colorado federal court accusing Etana Custody and CEO Dion Russell of misappropriating over $25m in client funds. The complaint alleges Etana commingled custodial assets with operating funds, made risky bets totaling $16m through Seabury Trade Capital notes, and issued falsified account statements. Etana entered court-supervised liquidation in November 2025 with just $6.83m in cash against more than $26m in liabilities. Kraken’s Etana fraud case alleges a Ponzi-like scheme diverted more than $25m in client funds.…

SIREN price surged 22% on Binance perpetuals on May 8, hitting $1.2965 before a sharp 4H reversal warned of seller resistance. Summary SIREN’s Binance perpetual contract rose 22.82% on May 8, touching a session high of $1.2965 on volume of 139.23M tokens. The 4H spot chart on MEXC printed a long upper wick at $1.2207 and reversed 3.11%, signaling sellers stepped in at resistance. The daily MA ribbon has fully flipped bullish with all four SMAs stacked below price, but the MACD on the 4H is issuing the first caution flag of the latest rally. SIREN price posted a 22%…

Kalshi’s valuation has hit $22bn after a $1bn Series F led by Coatue, doubling its worth in just five months. Summary Kalshi raised $1bn in a Series F round led by Coatue at a $22bn valuation, doubling the $11bn it achieved just five months ago. Institutional trading volume on the platform surged 800% in six months, while annualized trading volume tripled from $52bn to $178bn. Kalshi accounts for over 90% of US prediction market activity and reports $1.5bn in annualized revenue with two million monthly users. Kalshi’s valuation has hit $22bn after a $1bn Series F led by Coatue, doubling…

Oxford researchers found AI chatbots trained for warmth make significantly more factual errors and validate false beliefs more often Summary Oxford Internet Institute researchers tested five AI models and found that warmer-trained chatbots made between 10% and 30% more factual errors. Warmer chatbots were 40% more likely to agree with users’ false beliefs, especially when users expressed vulnerability or emotional distress. OpenAI has already rolled back some warmth-related changes following public concern, but commercial pressure to build engaging AI remains strong. Oxford researchers found AI chatbots trained for warmth make significantly more factual errors and validate false beliefs more often,…

Iran launched a Hormuz attack against three US Navy destroyers on May 7, with all missiles and drones reportedly intercepted. Summary Three US Navy destroyers came under Iranian missile and drone fire in the Strait of Hormuz on May 7, triggering US retaliatory strikes on Iranian military facilities. Trump said all projectiles were shot down and the attackers killed, warning Iran of a much harsher response if no deal is reached. Iran was reviewing a US peace proposal mediated by Pakistan, with Secretary Rubio expecting a response by May 8. The US military said it intercepted Iranian attacks on three…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Crypto conferences filled venues and dominated social feeds in 2025, but fresh traffic data suggests the hype barely translated into meaningful audience growth for crypto media outlets. Crypto conference season was noisy last year. The booths were full, the panels were stacked with premier speakers, and the side events and parties ran late. Social feeds made it look like the entire digital asset market took over conference halls and parts of major cities. So we asked the…

SoftBank has cut a planned OpenAI‑backed margin loan from around $10 billion to roughly $6 billion after banks and private credit funds pushed back on the deal’s structure and the difficulty of valuing OpenAI, an unlisted AI unicorn. Summary SoftBank Group is shrinking a planned margin loan backed by its OpenAI stake from about $10 billion to roughly $6 billion after lenders pushed back. Banks and private credit funds have raised concerns over how to value OpenAI, an unlisted company, and about the structure of the deal. The two‑year loan, extendable by one year, was meant to fuel SoftBank’s next…

Mobile zero‑days and SDK flaws are shredding wallet trust, pushing serious users toward isolated, multi‑device signing to shrink the blast radius. Summary Microsoft’s EngageSDK bug and theBinance’s DarkSword iOS exploit show that even “secure” wallets can be gutted by OS and third‑party stack failures. These flaws exposed tens of millions of installations, proving that app‑level audits mean little if the underlying device and SDKs are compromised. Emerging architectures that push keys off the phone entirely, including early-access projects like Lock.com, trade UX friction for a dramatically reduced blast radius. Architectures like Lock.com’s isolated signer push keys off the phone entirely,…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BlockchainFX and Chainlink attract investor focus as demand grows for top crypto picks in 2026. Summary BlockchainFX gains momentum in 2026 with strong presale growth and multi-asset utility. While Chainlink highlights long-term utility, BlockchainFX attracts early-buyer attention. With rising presale demand and launch momentum, BlockchainFX is emerging as a closely watched crypto opportunity. Missed crypto wins still sting because they usually look obvious after the breakout. People see the chart later, check the old entry price, and realize one…