Quick Summary: Super Micro Computer co-founder Wally Liaw has been arrested on charges of conspiring to smuggle billions in AI chips to China in violation of US export laws. Super Micro Computer, Inc. co-founder Yih-Shyan “Wally” Liaw has been arrested and charged alongside two company sales executives over an alleged conspiracy to illegally export advanced artificial intelligence chips to China. The Justice Department unsealed an indictment on Thursday naming Liaw, sales executive Ruei-Tsang “Steven” Chang, and Ting-Wei “Willy” Sun in connection with the scheme. Prosecutors allege the three men violated US export control laws by arranging the sale of servers…
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Quick Summary: Galaxy Digital analyst Will Owens says quantum computing threatens Bitcoin wallets with exposed public keys, but most wallets remain safe for now. Galaxy Digital research analyst Will Owens says the quantum computing threat to Bitcoin investors is genuine but unevenly distributed, with most wallets currently remaining out of danger. In a report published Thursday, Owens outlined how a sufficiently advanced quantum computer could theoretically derive private keys from public keys, enabling an attacker to impersonate a wallet owner, forge transaction signatures, and steal funds. He stressed, however, that the risk is not uniform across all wallets.According to Owens,…
Quick Summary: South Korea’s National Tax Service is selecting a private crypto custody provider after accidentally exposing a wallet seed phrase that led to a $4.8 million unauthorized transfer. South Korea’s National Tax Service (NTS) is moving to outsource the custody of seized cryptocurrency assets following a significant security failure earlier this year. On February 26, the agency inadvertently published a crypto wallet seed phrase in an official press release, which included an unredacted image of a Ledger cold wallet alongside a sheet of paper displaying the mnemonic phrase. The incident resulted in the unauthorized transfer of confiscated tokens worth…
Quick Summary: A Ripple survey of 1,000 finance leaders finds 72% believe firms must offer digital asset solutions to remain competitive, with stablecoins leading adoption. A new survey from Ripple finds that the majority of global finance leaders no longer view digital assets as optional. Released on Thursday, the report polled roughly 1,000 financial firms worldwide — including banks, asset managers, fintechs, and corporates — on topics spanning adoption strategies, stablecoins, tokenization, and custody priorities. The central finding is that 72% of respondents believe companies must offer digital asset solutions to remain competitive in the current environment.Among the various use…
Quick Summary: Coinbase has introduced stock perpetual futures for eligible non-US traders, offering leveraged exposure to major US equities on a single platform. Coinbase has rolled out stock perpetual futures contracts for eligible traders outside the United States, marking another step in the company’s effort to consolidate crypto, equities, and prediction markets onto one platform. The announcement came via a blog post published on Friday. The exchange noted that US persons are currently excluded from the product, though the company stated it is working to extend availability to more regions going forward.The new contracts are accessible through Coinbase Advanced for…
Quick Summary: The FBI warns Tron users of a fraudulent token bearing its name and seal that tricks recipients into submitting personal information. The Federal Bureau of Investigation has issued a warning about a scam operating on the Tron blockchain that impersonates the agency in order to harvest personal information from cryptocurrency users. The alert was shared through FBI New York’s account on X, drawing attention to a deceptive token that carries the FBI’s name and official seal. The scam targets Tron wallet holders with alarming messages designed to provoke an immediate response.Recipients of the fraudulent message are told that…
Quick Summary: Google researchers identify a six-vulnerability iOS exploit chain deploying crypto-targeting malware across iPhones running iOS 18.4 through 18.7. Google researchers have uncovered an active iOS exploit chain, referred to as DarkSword, that chains together six distinct vulnerabilities to deploy malware on iPhones. The exploit affects devices running iOS versions 18.4 through 18.7. Researchers say the threat is already being used against real users in the wild.The attack is triggered when a user on a vulnerable device visits a malicious or compromised website. From there, DarkSword deploys a JavaScript-based data-stealing tool called Ghostblade. Ghostblade is specifically engineered to locate…
Quick Summary: Coinbase has introduced stock perpetual futures for eligible non-US traders, offering leveraged exposure to major US equities on a single platform. Coinbase has rolled out stock perpetual futures contracts for eligible traders outside the United States, marking another step in the company’s effort to build a unified platform spanning crypto, equities, and prediction markets. The announcement came via a blog post published on Friday. Coinbase noted that the product remains unavailable to US persons at this time, though the company stated it is working to extend the offering to more regions going forward.The new contracts are accessible through…
Quick Summary: A Ripple survey of 1,000 finance leaders finds 72% believe companies must offer digital asset solutions to remain competitive. A new survey from Ripple finds that the majority of global finance leaders now view digital assets as essential to staying competitive. Released on Thursday, the report polled roughly 1,000 financial firms worldwide — including banks, asset managers, fintechs, and corporates — on topics ranging from adoption strategies to stablecoins, tokenization, and custody priorities. The results indicate that the industry conversation has shifted away from whether to engage with digital assets and toward how to build or acquire the…
Quick Summary: South Korea’s National Tax Service is selecting a private crypto custody provider after accidentally exposing a wallet seed phrase that led to a $4.8 million loss. South Korea’s National Tax Service (NTS) is moving to outsource the custody of seized cryptocurrency assets following a significant security failure earlier this year. On February 26, the agency inadvertently published a crypto wallet seed phrase in an official press release, which included an unredacted image of a Ledger cold wallet alongside a sheet of paper displaying the mnemonic phrase. The exposure resulted in the unauthorized transfer of confiscated tokens worth approximately…
