July 18, 2025
Tech News
Hackers have made headlines this year as they stole over $2 billion in cryptocurrency during the first half of 2025. A report by Chainalysis indicates that this marks the worst year-to-date for crypto theft, surpassing the total losses of last year.
Much of this theft can be traced back to a significant security breach at the crypto exchange Bybit, where North Korean hackers successfully stole more than $1.4 billion. This theft adds to a worrying trend as North Korea increasingly uses such hacks to fund its nuclear programs, as per the FBI’s findings.
As Roblox enhances its safety measures, it has renamed “Friends” to “Connections.” Users will also have the ability to filter online visibility and monitor interactions, reflecting the company’s commitment to creating a safer online space for teens.
Tech Explained
Cryptocurrency – This digital currency uses encryption techniques to secure transactions, control the creation of new units, and verify asset transfers. It operates independently of a central authority, making it attractive for enthusiasts seeking decentralized finance.
Hacking – This term refers to unauthorized access to computer systems or networks, often with the intention of stealing sensitive data or damaging the system. It has become a critical issue in cybersecurity, particularly as more transactions move to digital formats.
Age Estimation Technology – This technology uses algorithms and facial recognition techniques to estimate a user’s age based on images, such as a selfie video. It aims to ensure that only users of appropriate ages can access certain features or content online.
