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Russian crypto exchange Garantex seized by law enforcement operation
<p>An international coalition of law enforcement agencies seized the official website of Garantex, which has previously been sanctioned by the U.S. and E.U. governments.</p>
Rahul Patil
Mar 62 min read
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Hackers launder most of Bybit’s stolen crypto worth $1.4B
<p>Experts note that this is just the first step for the alleged North Korean hackers to profit from the historic heist. </p>
Rahul Patil
Mar 44 min read
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Trump calls for creation of a ‘crypto strategic reserve’
<p>President Donald Trump is throwing his support behind the creation of a federal reserve of cryptocurrency assets — he initially highlighted XRP, Solana, and Cardano for inclusion, then later said Bitcoin and Ethereum would “obviously” be included too. In January, Trump issued an executive order calling for the formation of a working group that would […]</p>
Rahul Patil
Mar 22 min read
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Hacked crypto exchange Bybit offers $140M bounty to trace stolen funds
<p>Bybit has already paid more than $4 million to bounty hunters who helped trace and freeze some of the stolen funds. </p>
Rahul Patil
Feb 262 min read
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Sam Bankman-Fried’s first post from prison isn’t even good
<p>As disgraced FTX founder Sam Bankman-Fried serves the early days of his 25-year prison sentence, the crypto wunderkind-turned-criminal made his first public post on X in over two years. Bankman-Fried’s thread on X responds to Elon Musk’s recent ultimatum to federal employees: respond to his email with five bullet points of recent accomplishments, or resign. […]</p>
Rahul Patil
Feb 252 min read
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The SEC will not sue Robinhood over crypto
<p>Robinhood on Monday said that the SEC has closed its investigation into Robinhood’s crypto unit and will not pursue action. This follows Coinbase saying on Friday that the SEC has dropped its lawsuit against it. The SEC, under former chair and crypto hawk Gary Gensler, was looking into a number of crypto exchanges over how […]</p>
Rahul Patil
Feb 242 min read
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Researchers accuse North Korea of $1.4 billion Bybit crypto heist
<p>North Korea is behind the massive crypto hack, according to several blockchain monitoring firms and a well-known researcher </p>
Rahul Patil
Feb 243 min read
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Brian Armstrong says Coinbase spent $50M fighting SEC lawsuit — and beat it
<p>Coinbase on Friday said the SEC has agreed to drop the lawsuit against the company with prejudice, meaning it cannot be filed again. The move, which is still subject to the approval of the SEC’s Commissioners, is yet another signal that the Trump administration plans to be more friendly to crypto than the SEC was […]</p>
Rahul Patil
Feb 212 min read
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Crypto exchange Bybit says it was hacked and lost around $1.4B
<p>Crypto exchange Bitby disclosed a breach that that amounts to a loss of $1.4 billion, the largest crypto theft of all time. </p>
Rahul Patil
Feb 212 min read
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Tether backs stablecoin liquidity provider Mansa in $10M seed round
<p>As payment companies increasingly explore stablecoins for cross-border payments and real-time settlement, some startups are tapping into the zeitgeist by providing liquidity via a revolving line of credit in stablecoins. One of them is Dubai-based Mansa, whose offering allows payments companies, mainly in Africa to date, to settle transactions and fund customer accounts instantly. The […]</p>
Rahul Patil
Feb 204 min read
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Hightouch raises $80M on a $1.2B valuation for marketing tools powered by AI
<p>Last decade, companies like Segment rewrote the book on how organizations used APIs to merge data from disparate apps to improve marketing strategies. Today, a startup called Hightouch — co-founded by a former engineering manager at Segment — is announcing $80 million in funding for the next chapter: a platform that lets sales, marketing, and […]</p>
Rahul Patil
Feb 183 min read
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Lingo.dev is an app localization engine for developers
<p>Monolinguists wanting to communicate with the global masses have never had it so easy. Trusty old Google Translate can convert the content of images, audio, and entire websites across hundreds of languages, while newer tools such as ChatGPT also serve as handy pocket translators. On the back end, DeepL and ElevenLabs have have reached lofty […]</p>
Rahul Patil
Feb 185 min read
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As US newspaper outages drag on, Lee Enterprises blames cyberattack for encrypting critical systemsÂ
<p>Lee said it was analyzing whether sensitive or personal data was stolen in the cyberattack.</p>
Rahul Patil
Feb 182 min read
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Legal tech startup Luminance, backed by the late Mike Lynch, raises $75M
<p>Generative AI is getting better at interpreting dense texts, and this progress has proven to be a boon for startups attacking one of the most complex sets of texts there is: the law. It makes sense then that we’ve been seeing a new burst of activity in the legal tech space off the back of […]</p>
Rahul Patil
Feb 183 min read
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Elon Musk’s xAI releases its latest flagship model, Grok 3
<p>Elon Musk’s AI company, xAI, late on Monday released its latest flagship AI model, Grok 3, and unveiled new capabilities for the Grok iOS and web apps. Grok, xAI’s answer to models like OpenAI’s GPT-4o and Google’s Gemini, can analyze images and respond to questions, and powers a number of features on Musk’s social network, X. Grok 3, […]</p>
Rahul Patil
Feb 184 min read
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Thousands protest Elon Musk’s DOGE in NYC on Presidents’ Day
<p>More than 10,000 protesters gathered in New York City on Presidents’ Day to speak out against the current Trump administration and the actions in particular of Elon Musk’s Department of Government Efficiency (DOGE). It was one of several protests that took place Monday in major cities across the country and came during the same long […]</p>
Rahul Patil
Feb 174 min read
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Nextdoor’s Nirav Tolia thinks he can turn things around with AI — he has a lot riding on it
<p>Social media is often about scale, but Nextdoor bet long ago on something different: that it could grow a big business off smaller, local communities. For years, the plan worked. The 15-year-old company has long been a dominant platform for neighborhood-based conversations, connecting users for everything from lost pet alerts to local business recommendations. Then […]</p>
Rahul Patil
Feb 179 min read
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Are your noise-canceling headphones messing with your head?
<p>We all know headphones can be bad for your hearing if you listen to sounds too loudly in close proximity to your ears. But a BBC report suggests that a new health scare could be emerging around the noise-canceling feature that’s hugely popular in modern earphones. The article considers whether the technology could essentially be […]</p>
Rahul Patil
Feb 171 min read
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Are your noise-canceling headphones messing with your head?
<p>We all know headphones can be bad for your hearing if you listen to sounds too loudly in close proximity to your ears. But a BBC report suggests that a new health scare could be emerging around the noise-canceling feature that’s hugely popular in modern earphones. The article considers whether the technology could essentially be […]</p>
Rahul Patil
Feb 171 min read
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The New York Times has greenlit AI tools for product and edit staff
<p>The New York Times is now allowing its product and editorial teams to use AI tools, which might one day write social copy, SEO headlines, and code, reports Semafor. The news came to staff via an email, in which the publication announced the debut of its new internal AI summary tool called Echo. The New […]</p>
Rahul Patil
Feb 171 min read
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