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US banks can handle customer crypto assets held in custody, regulator confirms

US banks can handle customer crypto assets held in custody, regulator confirms 2025-05-08 at 10:01 By Cointelegraph by Stephen Katte The US Office of the Comptroller of the Currency (OCC) has confirmed banks under its jurisdiction can trade crypto on behalf of customers and outsource some crypto activities to third parties.  Acting comptroller Rodney Hood […]

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Russian Hackers Using ClickFix Fake CAPTCHA to Deploy New LOSTKEYS Malware

Russian Hackers Using ClickFix Fake CAPTCHA to Deploy New LOSTKEYS Malware 2025-05-08 at 10:00 By The Russia-linked threat actor known as COLDRIVER has been observed distributing a new malware called LOSTKEYS as part of an espionage-focused campaign using ClickFix-like social engineering lures. “LOSTKEYS is capable of stealing files from a hard-coded list of extensions and […]

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G7 summit could discuss North Korea’s crypto hacks: Report

G7 summit could discuss North Korea’s crypto hacks: Report 2025-05-08 at 09:04 By Cointelegraph by Martin Young Group of Seven (G7) leaders could discuss North Korea’s escalating cyberattacks and crypto thefts at an upcoming summit in Canada, mid-next month. Conflicts in Ukraine and Gaza will dominate discussions, but North Korea’s increasing cyber threats and crypto […]

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Texas House committee passes Bitcoin reserve bill for full floor vote

Texas House committee passes Bitcoin reserve bill for full floor vote 2025-05-08 at 09:04 By Cointelegraph by Brayden Lindrea A Texas House Committee has passed a Republican-backed bill to create a Bitcoin reserve, which now only needs a successful full floor vote before heading to the governor’s desk. The Texas House Committee on Delivery of […]

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Cisco Patches CVE-2025-20188 (10.0 CVSS) in IOS XE That Enables Root Exploits via JWT

Cisco Patches CVE-2025-20188 (10.0 CVSS) in IOS XE That Enables Root Exploits via JWT 2025-05-08 at 09:03 By Cisco has released software fixes to address a maximum-severity security flaw in its IOS XE Wireless Controller that could enable an unauthenticated, remote attacker to upload arbitrary files to a susceptible system. The vulnerability, tracked as CVE-2025-20188, […]

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Arizona governor signs law for state to keep unclaimed crypto

Arizona governor signs law for state to keep unclaimed crypto 2025-05-08 at 06:02 By Cointelegraph by Brayden Lindrea Arizona Governor Katie Hobbs has signed a bill into law allowing the US state to keep unclaimed crypto and establish a “Bitcoin Reserve Fund” that won’t use any taxpayer money or state funds. Hobbs signed House Bill […]

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Bitcoin miner Core Scientific posts $580M Q1 profit but misses revenue estimates

Bitcoin miner Core Scientific posts $580M Q1 profit but misses revenue estimates 2025-05-08 at 06:02 By Cointelegraph by Stephen Katte Nasdaq-listed Bitcoin mining firm Core Scientific Inc. posted a net profit of $580 million with its first quarter results, but missed analyst revenue estimates after a drop in its mining profits. Core Scientific’s Q1 2025 […]

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Bitcoin returns to $98K as Fed holds rates steady despite Trump’s demand

Bitcoin returns to $98K as Fed holds rates steady despite Trump’s demand 2025-05-08 at 06:02 By Cointelegraph by Ciaran Lyons Bitcoin has reclaimed $98,000 for the first time in almost three months after the US Federal Reserve said it would keep interest rates the same for another month. The Fed’s decision to keep interest rates […]

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Elon Musk’s xAI to pull about half of its smog-belching turbines powering Colossus

Elon Musk’s xAI to pull about half of its smog-belching turbines powering Colossus 2025-05-08 at 05:50 By Tobias Mann Newly completed substation will help bear the load Elon Musk’s xAI is removing about half of the temporary gas-turbine generators powering its Colossus AI datacenter over the next two months, according to the Memphis Chamber of […]

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Binance founder CZ asked Trump to pardon money laundering conviction

Binance founder CZ asked Trump to pardon money laundering conviction 2025-05-08 at 04:03 By Cointelegraph by Brayden Lindrea Binance founder and convicted felon Changpeng Zhao says that he applied for a pardon from US President Donald Trump shortly after denying reports that he was seeking one. Zhao, also known as CZ, said on a Farokh […]

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PowerSchool paid thieves to delete stolen student, teacher data. Crooks may have lied

PowerSchool paid thieves to delete stolen student, teacher data. Crooks may have lied 2025-05-08 at 03:47 By Iain Thomson Now individual school districts extorted by fiends An education tech provider that paid a ransom to prevent the leak of stolen student and teacher data is now watching its school district customers get individually extorted by […]

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After that 2024 Windows fiasco, CrowdStrike has a plan – jobs cuts, leaning on AI

After that 2024 Windows fiasco, CrowdStrike has a plan – jobs cuts, leaning on AI 2025-05-08 at 02:35 By Thomas Claburn CEO: Neural net tech ‘flattens our hiring curve, helps us innovate’ CrowdStrike – the Texas antivirus slinger famous for crashing millions of Windows machines last year – plans to cut five percent of its […]

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India ready to greenlight Starlink – as long as it lets New Delhi censor and spy

India ready to greenlight Starlink – as long as it lets New Delhi censor and spy 2025-05-08 at 02:23 By Simon Sharwood Officials demand device registration, location locking, logs of user activity India’s telecom regulator has signaled it’s ready to let Starlink and other satellite-broadband providers operate – but only if they agree to strict […]

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Trump administration to rescind ‘overly complex’ Biden-era curbs on AI chips

Trump administration to rescind ‘overly complex’ Biden-era curbs on AI chips 2025-05-08 at 02:04 By Reuters “We will be replacing it with a much simpler rule that unleashes American innovation and ensures American AI dominance,” a Commerce Department spokesperson said. This article is an excerpt from Latest Technology News and Product Reviews | New York […]

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Falling DXY part of US financial system’s ‘long-term transition’ — Will Bitcoin continue to shine?

Falling DXY part of US financial system’s ‘long-term transition’ — Will Bitcoin continue to shine? 2025-05-08 at 01:02 By Cointelegraph by Marie Poteriaieva What to know: Lyn Alden says a weaker dollar is necessary for the US to stabilize its financial system. Bitcoin and gold are well-positioned to benefit from de-dollarization. Sovereign wealth funds and […]

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Robinhood plans blockchain for US asset trading in Europe — Report

Robinhood plans blockchain for US asset trading in Europe — Report 2025-05-08 at 01:02 By Cointelegraph by Christopher Tepedino Brokerage fintech Robinhood is reportedly developing a blockchain network that will enable retail investors in Europe to trade US securities. According to a May 7 Bloomberg report citing sources familiar with the matter, the move seeks […]

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Ex-SafeMoon CEO claims innocence, blames founder as trial begins

Ex-SafeMoon CEO claims innocence, blames founder as trial begins 2025-05-08 at 01:02 By Cointelegraph by Turner Wright Braden John Karony, the former CEO of crypto firm SafeMoon, made an out-of-court statement claiming innocence as his criminal trial began in New York. In a May 6 X post after court proceedings had likely ended for the […]

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