Saturday, February 22, 2025

An investigation details how Chinese cybercrime groups are turning phished payment card data into new Apple or Google wallets for online and in-store use (Brian Krebs/Krebs on Security)

Brian Krebs / Krebs on Security:
An investigation details how Chinese cybercrime groups are turning phished payment card data into new Apple or Google wallets for online and in-store use  —  Carding — the underground business of stealing, selling and swiping stolen payment card data — has long been the dominion of Russia-based hackers.



Even as Trump embraces crypto, attracting millions of new investors, the Bybit hack and memecoins show how crypto remains the wild West of the financial world (David Yaffe-Bellany/New York Times)

David Yaffe-Bellany / New York Times:
Even as Trump embraces crypto, attracting millions of new investors, the Bybit hack and memecoins show how crypto remains the wild West of the financial world  —  Hours after Coinbase said the S.E.C. was dropping a lawsuit against it, another major cryptocurrency exchange reported a potentially record-setting theft.



A look at the debate about whether AI models can truly reason, as some researchers describe the current pattern of reasoning as "jagged intelligence" (Sigal Samuel/Vox)

Sigal Samuel / Vox:
A look at the debate about whether AI models can truly reason, as some researchers describe the current pattern of reasoning as “jagged intelligence”  —  The AI world is moving so fast that it's easy to get lost amid the flurry of shiny new products.



Many SV startups are using AI to boost productivity in research, coding, and more, reducing reliance on VC money for hiring, fueling "tiny team" success stories (Erin Griffith/New York Times)

Erin Griffith / New York Times:
Many SV startups are using AI to boost productivity in research, coding, and more, reducing reliance on VC money for hiring, fueling “tiny team” success stories  —  Tech start-ups typically raised huge sums to hire armies of workers and grow fast.



Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid western sanctions after its Ukraine invasion (Financial Times)

Financial Times : Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid weste...