May 2025

Sam Altman-backed chipmaking startup Rain AI explores sale after $150M fundraising flops: sources

Sam Altman-backed chipmaking startup Rain AI explores sale after $150M fundraising flops: sources 2025-05-15 at 23:47 By Thomas Barrabi, Josh Kosman Rain AI, an upstart chipmaker backed by Sam Altman, is exploring a sale after plans to raise $150 million from private investors fell through – and OpenAI is one of multiple suitors, The Post has learned. […]

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Solana network activity surge and ‘megaphone’ chart pattern set $210 SOL price target

Solana network activity surge and ‘megaphone’ chart pattern set $210 SOL price target 2025-05-15 at 23:06 By Cointelegraph by Biraajmaan Tamuly Key Takeaways: Solana formed a megaphone chart pattern with a potential $210 price target. Solana’s ecosystem growth highlights renewed investor interest with a $4 billion realized cap increase and 731 million transactions. Solana (SOL)

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Plan to keep advanced chips from China with tracking tech gains support in Congress

Plan to keep advanced chips from China with tracking tech gains support in Congress 2025-05-15 at 22:50 By Tobias Mann Every shipment you make, every FLOP you generate, Uncle Sam will be watching you Proposed legislation gaining steam in Congress this week would require high-end GPUs and AI chips to include location-tracking safeguards to ensure

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Uncle Sam claims H-1B fraud crackdown is working as registrations drop 25%

Uncle Sam claims H-1B fraud crackdown is working as registrations drop 25% 2025-05-15 at 22:17 By Brandon Vigliarolo Surely Trump’s anti-immigrant rhetoric has nothing to do with it US immigration officials say they are winning the war on H-1B fraud – and say they’ve got the numbers to prove it.… This article is an excerpt

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Cyber fiends battering UK retailers now turn to US stores

Cyber fiends battering UK retailers now turn to US stores 2025-05-15 at 20:33 By Jessica Lyons DragonForce-riding ransomware ring also has ‘shiny object syndrome’ so will likely move on to another sector soon The same miscreants behind recent cyberattacks on British retailers are now trying to dig their claws into major American retailers’ IT environments

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Canada lags with stablecoin approach, but there’s room to catch up

Canada lags with stablecoin approach, but there’s room to catch up 2025-05-15 at 20:12 By Cointelegraph by Aaron Wood The slow adoption of stablecoins in Canada has some local crypto industry observers concerned that the country is falling behind. The Canadian Securities Administrators (CSA) classified stablecoins as “securities and/or derivatives” in December 2022 after the

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Coinbase fires compromised agents in India— Report

Coinbase fires compromised agents in India— Report 2025-05-15 at 20:12 By Cointelegraph by Turner Wright Coinbase has reportedly fired a group of customer support agents following their alleged involvement in social engineering attacks on users. The contracted agents were based in India. According to a May 15 Fortune interview, Coinbase’s chief security officer, Philip Martin,

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Spot Bitcoin ETF inflows fall, but BTC whale activity points to bull market acceleration

Spot Bitcoin ETF inflows fall, but BTC whale activity points to bull market acceleration 2025-05-15 at 20:12 By Cointelegraph by Biraajmaan Tamuly Key takeaways: Spot Bitcoin ETF inflows dropped over 90% from $3 billion to $228 million in four weeks. While strong ETF inflows often drive Bitcoin rallies, recent data shows price movements can occur

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Meta to Train AI on E.U. User Data From May 27 Without Consent; Noyb Threatens Lawsuit

Meta to Train AI on E.U. User Data From May 27 Without Consent; Noyb Threatens Lawsuit 2025-05-15 at 20:11 By Austrian privacy non-profit noyb (none of your business) has sent Meta’s Irish headquarters a cease-and-desist letter, threatening the company with a class action lawsuit if it proceeds with its plans to train users’ data for

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Coinbase extorted for $20M. Support staff bribed. Customers scammed. One hell of a breach disclosure…

Coinbase extorted for $20M. Support staff bribed. Customers scammed. One hell of a breach disclosure… 2025-05-15 at 19:35 By Connor Jones One expert tells us: ‘It is the most unique breach disclosure I’ve ever seen’ Coinbase says some of its overseas support staff were paid off to steal information on behalf of cybercriminals, and the

Coinbase extorted for $20M. Support staff bribed. Customers scammed. One hell of a breach disclosure… Read More »

Proofpoint to acquire Hornetsecurity

Proofpoint to acquire Hornetsecurity 2025-05-15 at 19:35 By Industry News Proofpoint has entered into a definitive agreement to acquire Hornetsecurity, a pan-European provider of AI-powered Microsoft 365 (M365) security, data protection, compliance, and security awareness services. Terms of the deal are confidential. The acquisition significantly enhances Proofpoint’s ability to provide human-centric security to SMBs globally

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Crypto firm Coinbase says hackers stole customer info by bribing employees, demanded $20M ransom payment

Crypto firm Coinbase says hackers stole customer info by bribing employees, demanded $20M ransom payment 2025-05-15 at 19:03 By Associated Press Coinbase estimated that it would have to spend between $180 million to $400 million “relating to remediation costs and voluntary customer reimbursements relating to this incident.” This article is an excerpt from Latest Technology

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The AI revolution won’t be centralized — Superior agents are coming for Big Tech’s crown

The AI revolution won’t be centralized — Superior agents are coming for Big Tech’s crown 2025-05-15 at 19:03 By Cointelegraph by Jennifer Dodgson Opinion by: Jennifer Dodgson, co-founder of KIP Protocol and Eigenform AI The puppet show is ending. The Brookings Institution found that generative artificial intelligence may disrupt at least 50% of tasks performed

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Socket buys Coana to tell you which security alerts you can ignore

Socket buys Coana to tell you which security alerts you can ignore 2025-05-15 at 18:48 By Thomas Claburn Sometimes, less information is more In its latest gambit to reduce the noise of unnecessary security alerts, Socket has acquired Coana, a startup founded in 2022 by researchers from Aarhus University in Denmark that tells users which

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Coinbase Rejects $20M Ransom After Rogue Contractors Bribed to Leak Customer Data

Coinbase Rejects $20M Ransom After Rogue Contractors Bribed to Leak Customer Data 2025-05-15 at 18:32 By Ryan Naraine Coinbase said a group of rogue contractors were bribed to pull customer data from internal systems, leading to a $20 million ransom demand. The post Coinbase Rejects $20M Ransom After Rogue Contractors Bribed to Leak Customer Data

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What the 10-year Treasury yield means for crypto yields and stablecoins

What the 10-year Treasury yield means for crypto yields and stablecoins 2025-05-15 at 18:02 By Cointelegraph by Onkar Singh Understanding the 10-year Treasury yield: Definition and importance The 10-year Treasury yield is the interest rate that the US government pays to borrow money for 10 years. When the government needs cash, it issues bonds called

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Wintermute opens New York office, citing improved US crypto rules

Wintermute opens New York office, citing improved US crypto rules 2025-05-15 at 18:02 By Cointelegraph by Zoltan Vardai Wintermute, a London-based algorithmic crypto trading and market-making firm, has opened an office in New York as part of its expansion into the US. Wintermute announced the opening of its New York office on May 15, citing

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Tether blacklist delay allowed $78M in illicit USDT transfers: Report

Tether blacklist delay allowed $78M in illicit USDT transfers: Report 2025-05-15 at 18:02 By Cointelegraph by Adrian Zmudzinski A lag in Tether’s wallet blacklisting process allowed over $78 million in illicit funds to be moved before enforcement actions took effect, according to a new report from blockchain compliance company AMLBot. Tether’s address blacklisting becomes effective

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Coinbase Agents Bribed, Data of ~1% Users Leaked; $20M Extortion Attempt Fails

Coinbase Agents Bribed, Data of ~1% Users Leaked; $20M Extortion Attempt Fails 2025-05-15 at 18:02 By Cryptocurrency exchange Coinbase has disclosed that unknown cyber actors broke into its systems and stole account data for a small subset of its customers. “Criminals targeted our customer support agents overseas,” the company said in a statement. “They used

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