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Bogus AI Startups Launch Crypto Heists Using High-Tech Deception

A sophisticated new scam wave is targeting cryptocurrency users, using fake artificial intelligence (AI) startups as a front for digital theft. These elaborate operations blend corporate branding, technical polish, and social engineering tactics to trick victims into installing wallet-draining malware. Cybersecurity analysts have flagged an alarming rise in counterfeit tech[Read More…]

Telstra confirms hundreds of roles will go as the telco looks to ‘reset’

Australia’s largest telecommunications provider, Telstra, today confirmed plans to reduce its workforce, approximately 550 roles expected to be impacted as part of a broader effort to streamline its operations and transform its enterprise business division. The proposed job reduction represents roughly 2 per cent of Telstra’s 31,000-strong workforce. The Australian[Read More…]

Warning Signs Flash as Australia’s Business Revenues Fall for First Time Since 2024

Australia’s economic recovery has hit another stumbling block, with business revenues declining in May, the first monthly drop since October 2024. This signals fresh warnings about Australia’s fragile economic outlook. Latest data retrieved from the Australian Bureau of Statistics (ABS) showed that turnover fell across five of the 13 industries[Read More…]

Pump.fun Levels Up: Gamified Trading Takes Center Stage with Kolscan Acquisition

Pump.fun, a rising memecoin launchpad built on the Solana blockchain, has made its first major acquisition—snapping up wallet analytics platform Kolscan—to boost its real-time trading features just ahead of a massive token offering. This move signals a shift from pure speculation toward a more immersive, social approach to crypto trading.[Read More…]

Gridlock in the Sun: Solar Farms Stranded as Infrastructure Lags Behind

Australia’s renewable energy ambitions are facing a sobering reality as solar farms across key states are being forced to reduce output or shut off entirely—despite having ample generation capacity. The cause? A growing gap between renewable project rollouts and the country’s outdated and delayed transmission infrastructure. The Australian Energy Market[Read More…]

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