Bitcoiner speculates ‘massive’ bot spam briefly took down Bitcoin mailing list
One of Bitcoin’s key communication tools used to discuss potential protocol changes was knocked out for several hours starting on April 2, with one moderator speculating it may have been a targeted attack assisted by bots. For several hours across April 2 and 3, Bitcoin core developers and researchers were unable to interact on Google […]
Hackers are selling counterfeit phones with crypto-stealing malware
Cybersecurity firm Kaspersky says it has uncovered thousands of counterfeit Android smartphones sold online with preinstalled malware designed to steal crypto and other sensitive data. The Android devices are sold at reduced prices, cybersecurity firm Kaspersky Labs said in an April 1 statement, but are riddled with a version of the Triada Trojan that infects […]
US House committee passes stablecoin-regulating STABLE Act
The US House Financial Services Committee has passed a Republican-backed stablecoin framework bill, which will now head to the House floor for a full vote. The Committee passed the Stablecoin Transparency and Accountability for a Better Ledger Economy, or STABLE Act, with a 32-17 vote on April 2. The bill would provide rules around payment […]
DDoS attacks now a dominant means of waging political cyber-warfare
Distributed denial-of-service (DDoS) attacks are outpacing many traditional cyber threats and are no longer just a tool but a “dominant geopolitical weapon,” according to network security firm Netscout. Global DDoS activity increased by 12.7% in the second half of 2024 compared to the first half, totaling almost 9 million attacks, according to the firm. A […]
Elon Musk’s Neuralink seeks patients globally to try its brain chips
Elon Musk’s computer-chip brain implant company Neuralink is seeking patients all around the world to trial its device that allows one’s thoughts to control a computer. Neuralink is looking for people with quadriplegia — those who are not able to use their arms or legs — to sign up for a clinical trial, it said […]
‘National emergency’ as Trump’s tariffs dent crypto prices
Crypto markets dipped after US President Donald Trump’s declaration of a national emergency and sweeping tariffs on all countries as part of his latest salvo in the ongoing trade war. The Trump administration has hit all countries with a 10% tariff starting April 5, with some countries facing even larger rates, such as China facing […]
EY updates privacy L2 as nixed Tornado Cash sanctions ease fears
Big Four accounting firm EY, formerly Ernst & Young, has changed its enterprise-focused Ethereum layer-2 blockchain Nightfall to a zero-knowledge rollup design as it says corporate clients are more comfortable with privacy solutions with easing US sanctions. EY said in an April 2 announcement that Nightfall’s new source code, “Nightfall_4,” simplifies the network’s architecture and […]
Former New York governor advised OKX over $505M federal probe: Report
Cryptocurrency exchange OKX reportedly hired former New York Governor Andrew Cuomo to advise it over the federal probe that resulted in the firm pleading guilty to several violations and agreeing to pay $505 million in fines and penalties. Cuomo, a New York-registered attorney, advised OKX on legal issues stemming from the probe sometime after August […]
US lawmakers press SEC for info about Trump family-backed crypto firm
Two Democratic lawmakers in the US Senate and House of Representatives have called on acting Securities and Exchange Commission (SEC) Chair Mark Uyeda to preserve information regarding World Liberty Financial, the crypto firm backed by President Donald Trump’s family. In an April 2 letter, Senator Elizabeth Warren and Representative Maxine Waters — ranking members of […]
Trump imposes 10% tariff on all countries, reciprocal levies on trading partners
United States President Donald Trump signed an executive order establishing reciprocal tariffs on trading partners and a 10% baseline tariff on all imports from all countries. The reciprocal levies on will be approximately half of what trading partners charge for US imports, Trump said. For example, China currently has a tariff of 67% on US […]