Top Tech News Today: ChatGPT Hit by Massive Data Breach Affecting Over 100,000 Accounts. Crypto Firm Ripple Gets Conditional Payments Permit in Singapore

More than 100,000 OpenAI ChatGPT account credentials were stolen and sold on dark web marketplaces

Good morning tech fam, here are some quick tech updates for you to catch on to!

What's New Today: Uber Slashes 200 Positions in recruitment team.

Fast-Track Insights: Crypto firm Ripple gets conditional payments permit in Singapore.

Over 100,000 OpenAI ChatGPT account credentials were discovered on illegal dark web markets between June 2022 and May 2023, which is startling. According to a study by Group-IB, these credentials were discovered in logs of stolen data, and they were then put up for sale on darknet cybercrime marketplaces. With 12,632 stolen credentials being linked to India, India took the brunt of this hack. This demonstrates how quickly ChatGPT has taken off in India. Other nations follow closely behind. The countries most impacted include Bangladesh, Indonesia, Pakistan, Brazil, Vietnam, Egypt, the United States, France, and Morocco.

Uber Technologies announced on Wednesday that it was eliminating 200 positions in its recruitment department as part of efforts to reduce expenses and maintain a constant staffing level throughout the year. Less than 1% of Uber's 32,700-person worldwide workforce will be impacted by the layoffs, which come after 150 workers were let go earlier this year from the company's goods services sector. The Wall Street Journal, which broke the news earlier in the day, claims that the most recent layoffs affect 35% of Uber's hiring staff.

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In a rare instance of positive news for the bitcoin business abroad, as it battles tightening regulations at home in the United States, blockchain startup Ripple announced Thursday that it has gained in-principle regulatory authorization to operate in Singapore. The Monetary Authority of Singapore, the nation's central bank, gave Ripple in-principal permission for a Major Payment Institution Licence, according to Ripple. The license would enable Ripple to extend cross-border transfers of XRP, a cryptocurrency the business is intimately connected with, among its clients, including banks and financial institutions, and provide regulated digital payment token goods and services.