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Google and Twitter ads are promoting sites containing a cryptocurrency drainer named ‘MS Drainer’ that has already stolen $59 million from 63,210 victims over the past nine months.

According to blockchain threat analysts at ScamSniffer, they discovered over ten thousand phishing websites using the drainer from March 2023 to today, with spikes in the activity observed in May, June, and November.

A drainer is a malicious smart contract or, in this case, a complete phishing suite designed to drain funds from a user’s cryptocurrency wallet without their consent.

Elon Musk’s artificial intelligence startup, xAI, is following in the footsteps of rivals OpenAI and Anthropic in opting for an unusual corporate structure.

XAI has been organized in Nevada as a for-profit benefit corporation, a structure that allows the company to prioritize having a positive impact on society over its obligations to shareholders, according to a late November filing with Nevada. Musk, who launched the secretive startup earlier this year, has long expressed concern over the impact AI could have on society.

Today in clueless rich guys, we have Uber CEO Dara Khosrowshahi, who was stunned to learn how much it costs to take a three-mile ride in New York City using his company’s app.

In a wide-ranging interview with Wired, Khosrowshahi was veritably stunned when the reporter questioning him asked if he knew how much a ride in the Big Apple costs.

“I traveled 2.95 miles in an Uber to get here today,” the reporter, Steven Levy, asked the CEO. “What do you think it cost?”