The 635-page revised proposal includes Trump-backed ethics provisions and comes just two days before a key procedural vote. Senate Republicans on Sunday released revised text of the CLARITY Act aimed at swaying Democrats ahead of a procedural vote on Tuesday, featuring major changes to rules relating to government officials’ involvement with digital assets. The 635-page...Continue Reading

Attackers reportedly published identity documents and selfies belonging to Revolut customers and threatened to release more data each day until the fintech pays. Threat actors who obtained sensitive Revolut customer information appear to have begun posting the information online and are threatening to release more data every day until “revolut pays.” The newly leaked information...Continue Reading

Crypto’s moment of CLARITY finally arrives with a key Senate vote on Tuesday. AI swarm fears prompt development slowdown, with some predicting big falls in AI stock prices. The CLARITY act heads for a crucial Senate vote on September 15, with Politico reporting that Democrat senators had been called to a meeting on Sunday by...Continue Reading

OpenAI CEO Sam Altman agrees with safety concerns regarding AI development, says no initial share sale this year. Anthropic CEO Dario Amodei said in a blog post on Saturday that the speed of AI development is too fast and that left unchecked it may “outrun our ability to understand and control these systems.” He noted...Continue Reading

Passports, selfies and financial transaction histories of some customers were revealed to a fraudster using a government agency domain. Financial tech and banking company Revolut released sensitive customer data, including copies of passports, verification selfies and full transaction histories after receiving a fraudulent request that seemed to be from a government agency.  Requests for customer...Continue Reading

The DPRK has turned to third-country IT workers to pass job interviews, after which, the positions are usually taken over by North Korean operatives. North Korea (DPRK) is now using remote workers from third countries, including Iran and Lebanon, to aid its efforts to infiltrate US companies and obtain money to fund its weapons programs,...Continue Reading

Anthropic is said to be seeking to raise as much as $100 billion in the offering, which could value the AI company at about $2 trillion. Anthropic is in talks with Nvidia about a potential $10 billion investment in what may be the biggest IPO in history, Reuters reported on Saturday, citing people familiar. The...Continue Reading

Ben Delo, co-founder of BitMEX, donated almost $50 million to Nigel Farage’s Reform UK party. Ben Delo, a British crypto billionaire, gave 36 million pounds ($49 million) to Nigel Farage’s Reform UK in the biggest donation ever made to a British political party, the DPA and other media reported on Saturday. Delo, who co-founded the...Continue Reading

The Swiss crypto financial services firm plans to move back-office functions to lower-cost international hubs as it expands its global wealth and asset management business, according to Finews. Bitcoin Suisse plans to shift up to half of its Swiss jobs abroad as the crypto financial services firm expands its international operations. Founded in Zug in...Continue Reading

The Crypto Banter founder said Hyperliquid’s network effects give it a strong competitive moat, but regulatory uncertainty remains its biggest threat. Crypto Banter founder Ran Neuner said regulation poses the biggest risk to Hyperliquid, warning that decentralized exchanges could eventually face greater government scrutiny. Speaking on Cointelegraph’s Chain Reaction podcast, Neuner said regulators have begun...Continue Reading