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Everstake met with the SEC’s Crypto Task Force to argue that non-custodial staking is a technical process, not a securities transaction. The US Securities and Exchange Commission (SEC) has held discussions with Everstake, one of the largest non-custodial staking providers globally, to explore clearer regulatory definitions around staking in blockchain networks. The meeting, which also…
French law enforcement will offer crypto entrepreneurs and their families a police emergency line and conduct house visits to ensure their safety amid a recent spate of attacks. Crypto entrepreneurs and their families in France will receive enhanced security measures amid a recent rise in crypto-related kidnappings in the country, Politico reported. According to the…
Eric Council Jr., 26, was sentenced to 14 months in prison and three years of supervised release on Friday for participating in the hack of the official X account of the U.S. Securities and Exchange Commission. The U.S. Department of Justice announced the sentencing in a press release. Council and other hackers took over the…
The financial industry forms one of the most prone to cybercrime activities because of its dynamic nature. It can be a startup like fintech, a big bank or even a normal person using an online banking service. As finances are moving more towards automation, the requirements for cybersecurity technologies increase and are no longer optional….
Crypto giant Coinbase has confirmed its systems have been breached and customer data, including government-issued identity documents, were stolen. In a legally required filing with U.S. regulators, Coinbase said a hacker this week told the company that they had obtained information about customer accounts, and demanded money from the company in exchange for not publishing…
On Tuesday, WhatsApp scored a major victory against NSO Group when a jury ordered the infamous spyware maker to pay more than $167 million in damages to the Meta-owned company. The ruling concluded a legal battle spanning more than five years, which started in October 2019 when WhatsApp accused NSO Group of hacking more than…
Elon Musk’s AI company, xAI, has missed a self-imposed deadline to publish a finalized AI safety framework, as noted by watchdog group The Midas Project. xAI isn’t exactly known for its strong commitments to AI safety as it’s commonly understood. A recent report found that the company’s AI chatbot, Grok, would undress photos of women when…
An email notification system used by U.S. federal and state government departments to alert residents to important information, has been used to send scam emails, TechCrunch has learned. The U.S. state of Indiana said Tuesday that it is “aware of fraudulent messages purportedly sent by state agencies” to residents about unpaid tolls. TechCrunch has seen…
An unknown attacker hacked into a moderator’s account and used a bot to share phishing links and steal user funds. Hardware wallet provider Ledger has confirmed its Discord server is secure again after an attacker compromised a moderator’s account to post scam links on May 11 to trick users into revealing their seed phrases on…
Without programmable infrastructure, DeFi risks becoming the next frontier for unchecked automation and financial exploitation. DeFi faces vulnerabilities that could hinder its evolution. Opinion by: Sean Li, co-founder of Magic Labs Crypto markets run 24/7. Human traders don’t. As AI agents begin to manage liquidity, optimize yield, and execute trades at all hours, they’re quickly…