Morgan Stanley is projecting that Apple’s (AAPL) first foldable iPhone will contribute roughly $14 billion in added revenue during the December quarter amid tight early supply and major price increases. The analysis describes the device as the biggest iPhone form-factor change since the 2017 iPhone X. Erik Woodring, the head of US technology hardware equity …
Category archives: Trending Crypto news
Coldcard hacker swaps stolen Bitcoin for ETH via THORChain
The third-wave Coldcard exploiter moved about 10% of stolen funds through THORChain as researchers traced the assets to a new Ethereum address. A hacker linked to the third wave of Coldcard wallet thefts has started swapping stolen Bitcoin for Ether through THORChain. Galaxy head of research Alex Thorn took to X on Wednesday to report …
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Kalshi seeks CFTC approval for WTI crude perpetual futures: Report
Kalshi reportedly plans to file for approval of a WTI crude oil perpetual futures contract that would trade around the clock five days a week without an expiration date. Prediction market operator Kalshi will reportedly seek regulatory approval for a West Texas Intermediate (WTI) crude oil perpetual futures contract that never expires. The contract could …
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Australia warns unlicensed crypto firms of fines up to 10% of annual turnover
ASIC has recorded more than 45 digital asset-related license applications as its temporary enforcement relief approaches Sept. 30 expiration. Australian crypto companies relying on temporary regulatory relief have until Sept. 30 to apply for a financial services license or risk penalties, including fines reaching 10% of their annual turnover. On Wednesday, the Australian Securities and …
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Ether, XRP ETF inflow streaks end as Bitcoin funds rebound
Ether ETFs posted $48 million in outflows after attracting $1.62 billion over 12 trading days, while XRP funds ended an 11-session inflow run. US-listed spot Ether and XRP exchange-traded fund (ETF) inflow streaks ended on Wednesday, marking a reversal after sustained demand. Spot Ether ETFs recorded $48 million in net outflows on Wednesday, ending 12 …
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Tennessee Bank Teller Accused of Draining $60,000 From Customer Accounts Using Old Withdrawal Slips
A bank teller in Tennessee has been arrested and charged with felonies after allegedly taking $60,000 from customer accounts. Police say a First Bank employee used old withdrawal slips to make unauthorized withdrawals from two accounts, reports WREG. The thefts allegedly ran from December of 2023 through February of 2024 at the branch on Poplar Avenue in …
Officer and Wife Accused of Stealing Over $74,000 From Elderly Man’s Bank Accounts for Luxuries
An Oklahoma police officer and his wife are accused of taking more than $74,000 from an 82-year-old man’s accounts after moving into his home. The Oklahoma State Bureau of Investigation says the couple gained control of his money in 2023, when the officer was added to the accounts and given power of attorney, reports KOCO. Andrew McVicker, …
Louisiana ID Firm Breached, Exposing 153 Million Driver’s Licenses: Report
A Louisiana identity-check company is facing an FBI probe after more than 153 million U.S. and Canadian driver’s licenses showed up for sale on the dark web. A service called Nexus briefly sold scans of those licenses and other IDs, in a leak traced to a suspected breach at IDScan.net, reports KrebsOnSecurity. Nexus was advertised on the …
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Alabama-Based Health Tech Firm Breached, Affecting 9.5 Million Patients – Names, SSNs, Health Records at Risk
An Alabama company that stores and moves patient records is warning that personal and medical data for about 9.5 million people may have been accessed in a cyberattack. Aesto Health told the HHS Office for Civil Rights that 9,540,683 people are involved, reports SecurityWeek. Aesto says unauthorized actors reached part of its Amazon Web Services systems. It …
US officials work with CrowdStrike to fight malware behind crypto theft
Federal authorities and private-sector partners were part of an operation to disrupt malware that redirected about $150,000 in crypto over the last eight years.
Coinbase launches regulated crypto derivatives in Canada
Coinbase is offering eligible Canadian traders perpetual and dated futures with up to 10x leverage as major US trading platforms expand their crypto presence in Canada.
Justice Department Seizes Over $560,000 in Crypto Donations to Hamas
The Justice Department has seized more than $560,000 in cryptocurrency donations intended for Hamas’s Al Qassam Brigades. Court documents allege that a group chat claiming ties to Hamas used an encrypted messaging platform to direct supporters to a fundraising website and circulated different cryptocurrency addresses for donations, according to the Justice Department. According to three …
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G20 members tout ‘clear pathways’ for digital asset innovation
Officials in the G20, under the US’ presidency, recognized that digital assets could support “broad-based economic growth” and called for improvements in cross-border transactions. Member nations of the Group of 20 (G20) agreed on policies supportive of the potential of digital assets in “broad-based economic growth.” In a speech released by the US Treasury Department …
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Sui DeFi protocol Full Sail to wind down after Switchboard incident
Full Sail is shutting down after an attacker removed about $91,000 from three vaults during a security incident linked to oracle provider Switchboard. Full Sail, a decentralized finance (DeFi) protocol on the Sui blockchain, plans to shut down after a security incident involving oracle provider Switchboard resulted in user losses. Full Sail took to X …
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BTC will hit $1M by 2030… but Arthur Hayes is buying ETH instead
Arthur Hayes says Bitcoin is going to grind higher from here, but Ethereum is his number one pick due to its potential to increase “3x to 5x pretty quickly.” Bitcoin has all the factors in place to a seven-figure price over the next four years, according to BitMEX co-founder Arthur Hayes. But he’s buying ETH …
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