Everything web3, crypto, defi, degen
In brief Do Kwon, the founder of Terraform Labs, has been denied the ability of claiming back a $15.1 million down payment he made for a luxury Singapore apartment. The Singapore High Court awarded the developer of the property an extra month’s rent, as Kwon’s wife overstayed the lease. Luxury apartment complex Sculptura Ardmore was…
In brief The ruling lets Google keep Chrome while imposing limits on exclusivity and new data-sharing obligations. Google relied on default agreements and preferential treatment that reinforced its dominance in search, the DOJ said. Analysts say the remedies are less drastic but still leave Google’s core moat intact. A U.S. federal judge declined to force…
In brief A Binance Smart Chain user fell victim to a phishing scam and lost $13.5 million worth of tokens on Tuesday. Early reports suggested that BNB lending platform Venus Protocol had been hacked, but blockchain security firms subsequently confirmed that this was not the case. Venus Protocol and security firm PeckShield are in contact…
In brief The Bank of China’s Hong Kong branch stock shot up by 6.7% on reports that it plans to apply for a stablecoin issuer license. Hong Kong launched its stablecoin licensing regime in August. Regulators have also urged caution to investors over speculation-driven price moves. The Bank of China’s Hong Kong-listed shares rose by…
In brief Dutch and U.S. authorities shut down VerifTools, a major fake ID marketplace that generated $6.4 million selling counterfeit documents for as little as $9 in crypto. The operation seized 23 servers from one of the largest international providers of fraudulent identity documents. Modern fake IDs use sophisticated technology like holograms and UV ink,…
In brief Cloudflare One now gives IT teams insight into employee usage of generative AI tools—such as ChatGPT, Claude, and Gemini—via agentless API integrations and real-time prompt controls. The new features include a Shadow AI report that reveals all AI tools in use within an organization. Also included is AI Prompt Protection that can block…
In brief Apple is expected to debut the iPhone 17 lineup, including a new ultra-slim iPhone 17 Air, according to rumor sites. The Pro models may support reverse wireless charging, letting them top up AirPods or other devices. Expect upgrades a to AI-powered Siri, Apple Watch, and AirPods Pro. Apple has officially set its fall…
In brief In a demo, Comet’s AI assistant followed embedded prompts and posted private emails and codes. Brave says the vulnerability remained exploitable weeks after Perplexity claimed to have fixed it. Experts warn that prompt injection attacks expose deep security gaps in AI agent systems. Brave Software has uncovered a security flaw in Perplexity AI’s…
Major cryptocurrencies like Bitcoin, Ethereum, XRP, and Dogecoin continued to fall Monday, triggering a wave of liquidations that topped $900 million over the past 24 hours.Bitcoin dropped below $110,000 for the first time since early July, spearheading a market-wide swoon after a whale unloaded 24,000 BTC worth $2.7 billion on Sunday. The continued dive also…
In brief Researchers at George Mason University demonstrated Oneflip, a Rowhammer-style attack that sabotages AI by flipping a single bit in memory. The altered model works normally but hides a backdoor trigger, letting attackers force wrong outputs on command without hurting overall accuracy. The study shows how AI systems face hardware-level security risks, raising concerns…
