global 706 crypto neutral
Stars Arena, a fast-growing social app, announced a major attack on Saturday, resulting in the theft of over $3 million. The developers have since secured the resources to close the gap and are conducting a major security audit. Meanwhile, Memeinator, a new cryptocurrency, has raised over $643k in its token sale. It seeks to become the biggest meme coin in the world and will use artificial intelligence (AI) to power games and other dApps in its ecosystem.

AVAX price surged to a high of $11.88 on Saturday and then retreated to a low of $10.40 after the hack. Memeinator will have a total supply of 1 billion tokens, with 62.5% of these tokens being sold in a presale in a 29-stage process. OpenAI, the parent of ChatGPT, raised $10 billion from Microsoft earlier this year while Anthropic raised $4 billion from Amazon, resulting in AI investments jumping to more than $20 billion this year.

This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography Global
Countries
Sentiment neutral
Relevance Score 8
People None
Companies Amazon, Avalanche, OpenAI, DappRadar, Base Blockchain, Microsoft, Friend.Tech
Currencies BNB, Avalanche, Ethereum, Bitcoin, Tether
Securities None

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