Crypto News Roundup: AI, Hacks, Real Estate, and Meme Coins

Big Tech’s AI Struggle: Can Giants Compete?

Big tech companies face a significant hurdle in the rapidly evolving AI landscape, according to a recent opinion piece. The article argues that AI’s transformative nature demands new business models and approaches, posing a challenge for established giants accustomed to existing paradigms.

North Korean Hackers Use Fake Firms to Target Crypto Developers

North Korean hackers, specifically the Lazarus Group, have been actively creating fraudulent US-based businesses, like Blocknovas LLC and Softglide LLC, to target crypto developers. Cybersecurity firm Silent Push revealed this concerning trend. This highlights the ongoing threat of cyberattacks in the decentralized finance (DeFi) ecosystem.

Tokenized Real Estate Poised for $4 Trillion Milestone

Deloitte’s recent report predicts a substantial surge in the tokenized real estate market. Anticipated growth by 2035 is fueled by institutional investment and the development of clearer global regulations, setting the stage for substantial market expansion.

TRUMP Coin Team Denies $300K Dinner Rumor

Justin Sun has emerged as a major player in the TRUMP meme coin market with a significant token acquisition. The recent rumor of a $300,000 exclusive dinner has been strongly refuted by the coin team.

MetaMask Card Expands DeFi Access with Aave USDC Support

MetaMask’s MetaMask Card now provides access to Aave USDC ($aUSDC). Users can now utilize the card to spend and earn yield on various stablecoins and cryptocurrencies on the Linea network. This integration signifies a growing convergence of traditional finance (TradFi) and decentralized finance (DeFi).

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