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Database breaches rarely start with something exotic. Far more often, they begin with a shared administrator password, an account belonging to someone who left years ago, an unencrypted connection, or a server that missed several rounds of patches. On SAP ASE systems that hold payment records, patient data, or customer details, those ordinary gaps carry…
TeraWulf, Core Scientific, Cipher Mining and IREN each lost more than 12% as hotter inflation hit AI infrastructure companies. US stocks suffered their sharpest selloff since July on Wednesday as hotter-than-expected inflation data weighed on technology and AI infrastructure companies, with Bitcoin miners among those hit. The S&P 500 fell 1.1%, its biggest one-day decline…
VanEck initially filed an S-1 registration statement for the exchange-traded fund in October last year. Asset manager VanEck said it no longer plans to proceed with its proposed Lido staked Ether exchange-traded fund, shelving the product designed to give investors exposure to the liquid staking token. In an SEC filing on Wednesday, VanEck Digital Assets…
The second-largest stablecoin by market cap will be overseen by French and EU authorities under its classification as a “significant e-money token.“ The European Banking Authority (EBA) has classified Circle’s USDC stablecoin as a significant e-money token under the region’s Markets in Crypto Assets (MiCA) framework. In a Wednesday notice, the banking regulator said the…
Illinois officials already agreed to delay implementation of a 0.2% tax on crypto assets, but industry-aligned organizations are pushing for summary judgment on the merits. The Crypto Council for Innovation (CCI) and Blockchain Association (BA) said they would join the Digital Chamber and others to push for a court to address the merits of a…
Brooklyn prosecutors and the FBI seized 112 servers and shut down 241 websites linked to investment scams that targeted Russian-speaking Americans. Prosecutors in Brooklyn, New York, working with the Federal Bureau of Investigation (FBI), have disrupted an Eastern European cryptocurrency scam network accused of stealing tens of millions of dollars from Americans, primarily Russian-speakers. The…
Bitcoin fell below $82,000 while bond yields targeted new 24-year highs on the back of hot US CPI inflation. Bitcoin (BTC) fell below $82,000 after Wednesday’s Wall Street open as US consumer inflation beat expectations. Key points: Data from TradingView showed crypto, gold and stock-market futures dropping after the release of Consumer Price Index (CPI)…
Remittance-sized crypto transfers from Canada to three Asian countries reached $2.36 billion, while transfers to the Philippines alone rose 28% to $61 million. Remittance-sized crypto transfers from Canada to India, China and the Philippines surged 141% year-over-year to $2.36 billion, as digital asset payments expanded across the three major remittance corridors. According to a new…
Should US high court justices grant review of the case, they could release a decision as early as June 2027. After being convicted in 2023, losing his appeal to a Second Circuit court in 2026 and awaiting a decision on a presidential pardon that may never come, former FTX CEO Sam “SBF” Bankman-Fried is hoping…
Starknet’s Shadow Accounts allow users to obscure connections between their main wallets and DeFi activity, though transactions remain visible onchain. Ethereum layer-2 network Starknet has launched a wallet privacy feature that lets users interact with decentralized finance (DeFi) apps without publicly linking activities to their main wallets. StarkWare, the team behind Starknet, said that its…