As deepfake technology becomes more sophisticated, so do the scams it enables. In just the first four months of 2025, 163 deepfake-related incidents were reported, leading to over $200 million in losses.
Privacy-focused firm Nym, backed by a16z and other investors, has introduced its zero-knowledge payment system along with a perpetual token buyback model. Nym’s decentralized DePIN payments system and token buyback are now live for public testing.
Tech giant Google has taken legal action against a group of crypto scammers, alleging their involvement in defrauding more than 100,000 people worldwide. Filed on Thursday, the lawsuit accuses the scammers of uploading fraudulent investment and cryptocurrency exchange apps to Google Play, Google’s official app store for Android devices.
Muneeb Ali, the co-creator of Stacks and Princeton-educated computer scientist who's now CEO of the Bitcoin-focused development firm Trust Machines, spoke with CoinDesk's Jenn Sanasie on the flurry of development and layer-2 building now taking place on the original blockchain.