Security News

Artificial intelligence firms OpenAI and Anthropic recently agreed to give the US AI Safety Institute early access to any “major” new AI models developed by their respective firms. While the deal was purportedly signed over mutual safety concerns, it’s unclear exactly what the government’s role would be in the event of a technology breakthrough with significant safety […]

Crypto exchanges need to be more vigilant than ever in preemptively contacting customers to protect them from scams, with one particular group needing extra attention, according to a crypto exchange exec. “If we see an 80-year-old making a crypto withdrawal, they are going to get a call,” Independent Reserve CEO Adrian Przelozny said in an […]

Ethereum co-founder Vitalik Buterin has refuted allegations that he sold millions of dollars of Ether for personal profit. He claimed to have sold his ETH holdings only to support various crypto projects and philanthropic initiatives. On Aug. 30, a crypto community member on X accused Buterin of dumping over $2 million worth of Ether after […]

The Hong Kong Securities and Futures Commission (SFC) has granted a new digital asset exchange license to Hong Kong Digital Asset Xchange Limited (HKDAEx) despite the May 31 deadline having passed. HKDAEx, a company based in Hong Kong and a member of the Hong Kong Financial Asset Exchange Group, submitted an application for a digital […]

A Brazilian Supreme Court justice has ordered social media platform X to be suspended in Brazil after Elon Musk refused to name a legal representative for the firm. According to an Aug. 30 Associated Press report, Justice Alexandre de Moraes followed through with his intention to shut down X’s Brazilian operations if Musk failed to appoint […]

On Aug. 29, French President Emmanuel Macron delivered a press conference during his diplomatic visit to Serbia. During the televised visit, the French leader told reporters that he did not invite Telegram co-founder Pavel Durov to the country, nor was he aware of his trip to France. According to a translated version of Macron’s response, […]

Ryan Salame, the former co-CEO of FTX Digital Markets, has withdrawn a petition to vacate his guilty plea for violations of campaign finance and money-transmitting laws. In an Aug. 29 filing in the United States District Court for the Southern District of New York, Salame’s legal team told the court his longtime partner, Michelle Bond […]

Elon Musk and his electric automotive company, Tesla, have won the dismissal of a lawsuit that accused them of manipulating the price of Dogecoin, causing $258 billion in damages. The lawsuit was tossed in an Aug. 29 decision by Judge Alvin Hellerstein of the United States District Court for the Southern District of New York. Hellerstein said […]

Traders have reportedly lost millions of dollars after the X account of soccer star Kylian Mbappé was hacked on Aug. 29. Multiple reports indicate that the hacker used Mbappé’s account to promote a fraudulent cryptocurrency token, promising to “double” any tokens sent to a specific address. The post caused the market cap of the so-called Kylian Mbappé […]

Cryptocurrency hackers have now stolen over $1.2 billion, following the latest hacks in August, raising further concerns about widespread crypto adoption. The crypto industry saw a total of $1.21 billion worth of digital assets lost to hacks and rug pulls year-to-date (YTD) in 2024 across 154 individual exploits. This represents a 15.5% increase compared to […]