Crypto is showing signs of life again, but its biggest wins look different from what early believers imagined. After a decade of building, has it all been worth it? Sentiment in crypto has dived lower than a snailfish in the Mariana Trench in recent months. Miners are capitulating to AI, cold wallets are getting exploited, …
Continue reading “Does the Bitcoin rally mean we haven’t wasted our lives in crypto?”
Ripple was among the latest blockchain companies to sign a strategic partnership to build more custody and tokenized asset management solutions for Asian institutional participants. Blockchain enterprise solutions provider Ripple has partnered with digital asset infrastructure company SettleMint to offer financial institutions solutions for custody, issuance and management of tokenized assets across their full lifecycle. …
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President Trump is endorsing federal tax credits to support film and television production inside the United States. He reached the position after consulting actor Jon Voight, reports The Wall Street Journal. In a post on Truth Social, Trump says that tax incentives would offset their cost through increased economic activity and he calls for bipartisan …
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A ransomware group is posting files it says it stole from a Justice Department agency that investigates guns, explosives, and arson. The Bureau of Alcohol, Tobacco, Firearms and Explosives says it is aware of claims that records from its CALEA system are online. That system is used to collect phone and other communications records for …
A billionaire hedge fund chief has abruptly dumped the fastest-growing major U.S. stock of the year, while dramatically boosting his fund’s AI exposure. David Tepper’s Appaloosa sold every SanDisk share in the second quarter. At the same time, about 77% of the fund’s invested assets sat in companies where AI is a core growth driver. …
A pharmaceutical distributor is confirming unauthorized access to its cloud systems that resulted in data exfiltration. McKesson says it discovered the incident on August 25th, involving unauthorized access to third-party applications. The company says the affected data relates to a subset of customers in its oncology and multispecialty division as well as its medical-surgical unit. …
Crypto wallets linked to the OFAC-sanctioned Lazarus Group moved $30 million in digital assets through Hyperliquid, weeks after regulators said they were working on a path to introduce the exchange into US markets. Crypto wallet addresses linked to the North Korean state-affiliated hacker collective Lazarus Group moved $30 million in digital assets through the decentralized …
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The London bourse operator is seeking to offer 24/5 exposure to UK-based tokenized equities, as more TradFi institutions explore tokenized equities offerings. The London Stock Exchange (LSE) and cryptocurrency exchange Kraken are reportedly launching tokenized stock trading on the stock market operator’s new night-time trading venue. The LSE has partnered with Kraken’s parent company, Payward, …
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Five equity-backed notes issued through Luxembourg’s ORO II fund will trade against dollars, USDT and Bitcoin for eligible non-US investors. Bitfinex Securities, the tokenized investment platform associated with crypto exchange Bitfinex, has listed five tokenized notes giving eligible investors exposure to Strategy, Metaplanet and other publicly traded Bitcoin treasury companies. The trading platform announced that …
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Singapore is considering allowing jointly issued cross-border stablecoins into its regulatory regime, revisiting its earlier decision to restrict the framework to domestic issuance. The Monetary Authority of Singapore (MAS) is reconsidering its earlier restriction on stablecoins issued across multiple jurisdictions, proposing a route for some jointly issued tokens to qualify under its regulatory framework. MAS …
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Meta is removing dozens of Facebook and Instagram advertisements that used sexually explicit material to promote malicious Android apps designed to steal banking credentials. The tech giant’s ad removal comes after the Indian government identified the scam pattern and after Reuters inquired about at least 39 of the scam ads that were still active, reports …
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Thailand’s SEC seeks comments on rules requiring retail-accessible overseas crypto derivatives to trade on qualifying, centrally cleared exchanges. Thailand’s Securities and Exchange Commission (SEC) has proposed allowing intermediaries to facilitate retail access to certain digital asset derivatives traded overseas. Under the proposal, eligible products would need to resemble crypto derivatives traded in Thailand, including their …
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A Subway customer is publicly challenging an employee over an alleged fee for toasting bread at the fast-food outlet. The dispute at a Subway in Laguna Hills, California turned into a tense exchange that’s going viral on TikTok, with the customer directly accusing the worker of inventing an extra cost. “Never in the history of …
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The Bitcoin treasury firm Strategy (MSTR) is buying BTC again. Strategy accumulated 4,603 Bitcoin at an average purchase price of $80,318 per BTC, spending a total of $370 million. It’s the firm’s first BTC purchase since June 22nd, following two weeks where the firm didn’t add or sell any Bitcoin. Strategy has also hawked a …
An Alabama house cleaner is accused of stealing $400,000 in cash hidden at an elderly couple’s home, taking small amounts repeatedly while working there. The victims reported the theft after noticing the money missing and pointed to their cleaner as the suspect, reports Fox 10. Authorities executed a search warrant at 28-year-old Tabitha White’s property …
Continue reading “House Cleaner Accused of Stealing $400,000 From Elderly Alabama Couple: Report”
