Wall Street Journal:
Sources: Binance.US has struggled to find a bank for its customers' cash after the failure of Signature Bank and is using at least one middleman to store funds — As a stopgap, the exchange is using at least one middleman to store user funds on its behalf — The U.S. affiliate …
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Saturday, April 8, 2023
Sources: Binance.US has struggled to find a bank for its customers' cash after the failure of Signature Bank and is using at least one middleman to store funds (Wall Street Journal)
A look at the increasing complexity of the operating environment for crypto companies in the US, as a regulatory turf war between the SEC and the CFTC escalates (Joel Khalili/Wired)
Joel Khalili / Wired:
A look at the increasing complexity of the operating environment for crypto companies in the US, as a regulatory turf war between the SEC and the CFTC escalates — US agencies are sparring over who gets to oversee the crypto industry, and companies are stuck in the middle.
Friday, April 7, 2023
MSI confirms in a filing that it was breached, without giving many details, after a ransomware gang claims to have breached MSI and stolen its source code (Michael Kan/PCMag)
Michael Kan / PCMag:
MSI confirms in a filing that it was breached, without giving many details, after a ransomware gang claims to have breached MSI and stolen its source code — The ransomware group is reportedly demanding $4 million or it will leak the stolen data, which includes company source code.
Sources and internal documents: the success of ChatGPT has made Microsoft and Google willing to take greater risks despite their AI ethics guidelines (New York Times)
New York Times:
Sources and internal documents: the success of ChatGPT has made Microsoft and Google willing to take greater risks despite their AI ethics guidelines — Technology companies were once leery of what some artificial intelligence could do. Now the priority is winning control of the industry's next big thing.
Amazon bans the sale of Flipper Zero, a $169 portable security penetration testing tool for wireless devices, after tagging it as a card-skimming device (Sergiu Gatlan/BleepingComputer)
Sergiu Gatlan / BleepingComputer:
Amazon bans the sale of Flipper Zero, a $169 portable security penetration testing tool for wireless devices, after tagging it as a card-skimming device — Amazon has banned the sale of the Flipper Zero portable multi-tool for pen-testers as it no longer allows its sale on the platform after tagging it as a card-skimming device.
The US Treasury warns that DeFi services not compliant with AML and terrorist financing rules pose "the most significant current illicit finance risk" (CoinDesk)
CoinDesk:
The US Treasury warns that DeFi services not compliant with AML and terrorist financing rules pose “the most significant current illicit finance risk” — The department's first analysis of illicit finance risks associated with DeFi recommends the U.S. look at enhancements to its existing anti-money laundering regime.
AI Forensics: in 16 Italian and Spanish Telegram groups, 24K+ men are sharing nonconsensual images of women and girls, buying spyware, and engaging in doxing (Matt Burgess/Wired)
Matt Burgess / Wired : AI Forensics: in 16 Italian and Spanish Telegram groups, 24K+ men are sharing nonconsensual images of women and gi...
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The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...