Streetbeat News

Security

DOGEUSD

SHIBUSD

A crypto wallet turned $876 into $1.2 million in 91 days by trading tokens LILA, CRE, RSTK, GPU, and VRD, achieving a 57.4% win rate. The success story raises questions about fair play and insider information. Memecoins like DOGE and SHIB have not matched the growth of newer rivals but maintain higher market caps. Traders are cautioned about the risk of rug pulls with memecoins.

Portfolio Pulse from Khyathi Dalal

February 26, 2024 | 9:25 pm

EWJ

INDA

SPY

The U.S. is aiming to strengthen defense industrial cooperation with Japan and India, among other Indo-Pacific partners, to enhance supply chain resilience against threats such as China, according to a senior Pentagon official. This move is seen as a strategic effort to bolster a strong industrial base as a deterrent.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 6:08 pm

UNH

A recent outage at a UnitedHealth unit was attributed to a ransomware attack by the group Blackcat, according to sources cited by Reuters.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 5:47 pm

MSFT

Microsoft has announced its 'AI Access Principles' at the Mobile World Congress, committing to major investments, partnerships, and programs to foster innovation and competition in the AI economy. These principles guide Microsoft's operation of AI datacenter infrastructure and assets globally, aiming to empower organizations and individuals with broad technology access. The company has launched $5.6 billion in AI datacenter investments and AI skilling programs reaching over a million people, alongside public-private partnerships for responsible AI adoption and cybersecurity. Microsoft's partnership with OpenAI and the new partnership with France's Mistral AI are highlighted, emphasizing support for AI developers and ensuring choice and fairness in the AI economy. The principles also address societal responsibilities, including cybersecurity, responsible AI standards, AI skilling initiatives, and environmental sustainability of AI datacenters.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 4:32 pm

CCJ

DNN

LEU

UEC

USO

UUUU

The International Atomic Energy Agency (IAEA) has released two quarterly reports to member states, revealing that Iran's stock of enriched uranium has increased to 5,525.5 kg. However, the stock of uranium enriched to up to 60% purity in Uranium Hexafluoride (UG6) form has decreased to 121.5 kg. The IAEA notes that approximately 42 kg of uranium enriched to 60% could theoretically be enough to produce a nuclear bomb.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 4:20 pm

PANW

Palo Alto Networks has introduced new private 5G security solutions, developed in collaboration with a partner ecosystem. This move aims to enhance security for 5G networks, addressing the growing demand for secure 5G connectivity in various industries.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 7:49 am

BTCUSD

ETHUSD

Economist Paul Krugman criticized the blockchain-backed inflation tracking site Truflation for reporting inflation numbers that are consistently lower than those of the Bureau of Labor Statistics (BLS). Truflation uses real-time metrics for daily inflation tracking, yet its figures have been below the government-reported rate of 3.4%. Krugman's comments also touched on the technology behind Truflation, which is related to cryptocurrencies like Bitcoin and Ethereum, suggesting a bias due to its blockchain backing.

Portfolio Pulse from Benzinga Neuro

February 26, 2024 | 7:04 am

ETHUSD

MSTR

MicroStrategy Inc's (NASDAQ: MSTR) social media account was hacked, promoting a fake 'MSTR' Ethereum token airdrop, leading to a $440K loss for victims. The scam involved a fake website asking users to connect digital wallets to claim the nonexistent token. A single user lost over $420,000 in altcoins to this scam. The scam exploits MicroStrategy CEO Michael Saylor's positive stance on Bitcoin. Bitcoin and Ethereum's price actions were also mentioned, with Bitcoin slightly down and Ethereum up.

Portfolio Pulse from Mehab Qureshi

February 26, 2024 | 5:29 am

AAPL

SSNLF

This week in Apple Inc. (NASDAQ:AAPL) news included a Supreme Court victory over VirnetX, avoiding $502.8 million in damages, advice against using rice for wet iPhones, a potential Apple Pencil upgrade with interchangeable sleeves, topping hardware reliability charts over Samsung Electronics Co Ltd. (OTC:SSNLF), and security concerns with a counterfeit app on the App Store.

Portfolio Pulse from Benzinga Neuro

February 25, 2024 | 5:25 am

BTCUSD

Adam Cochran, a crypto analyst, suggests Hal Finney might be Satoshi Nakamoto, the creator of Bitcoin, based on a series of posts on X. Cochran's argument revolves around Finney's involvement in Bitcoin's development and his health issues coinciding with Nakamoto's disappearance. Despite Cochran's claims, Jameson Lopp, co-founder of Bitcoin custody firm Casa, provides evidence against Finney being Nakamoto, highlighting conflicting timelines of activities. The debate adds to the long-standing mystery of Nakamoto's true identity amidst various speculations.

Portfolio Pulse from Ananya Gairola

February 24, 2024 | 11:03 am