CROFAM SOCIAL NETWORK AND NEWS FEED

As Bitcoin achieves new highs, crypto-related scams have surged. Scammers are increasingly using AI-generated deepfakes, cloned sites, phishing, and fake NFT giveaways across X, TikTok, Telegram, and other platforms

Worldcoin, the biometric-based ID crypto project co-founded by Sam Altman, surged nearly 50% in value. This was propelled by a $270 million purchase by Eightco (soon to rebrand as “Orbs”), causing Eightco’s stock to spike over 3,000%

HashKey Group, Hong Kong’s largest licensed crypto exchange, will launch a $500 million Digital Asset Treasury (DAT) fund aimed at accumulating mainstream assets like Bitcoin and Ethereum and propelling Web3 infrastructure development

A 65-year-old former bank employee at the Commonwealth Bank of Australia says she was unintentionally involved in training the AI system that ultimately replaced her after 25 years. She tested and scripted responses for the bank’s chatbot, Bumblebee AI, but was let go shortly after. Following backlash, the bank admitted the decision was erroneous, apologized, and offered redeployment options. The AI rollout also led to an unexpected spike in customer calls.