Streetbeat News

Security

TSLA

A group of radical environmentalists set fire to 15 Tesla vehicles at a dealership in Frankfurt, Germany, causing over $536,885 in damages. The group criticized Tesla Inc. for its lithium and cobalt mining practices and its impact on indigenous communities, as well as CEO Elon Musk's plans to colonize Mars.

Portfolio Pulse from Benzinga Neuro

September 14, 2023 | 3:08 am

BTCUSD

ETHUSD

Cryptocurrency exchange CoinEx has temporarily suspended withdrawals following a suspected cyber-attack that could have resulted in a loss of approximately $27 million. The potentially stolen assets include Ethereum (ETH), Tron (TRON), and Polygon (MATIC). CoinEx has reassured its users that the stolen funds represent only a small portion of its total assets and has pledged to provide 100% compensation for any loss due to this breach.

Portfolio Pulse from Benzinga Neuro

September 14, 2023 | 2:19 am

CZR

HACK

MGM

OKTA

SPLK

Casino companies Caesars Entertainment Inc. (CZR) and MGM Resorts International (MGM) have suffered significant cybersecurity breaches, leading to drops in their share prices. Caesars reportedly paid millions to prevent data leaks, while MGM's operations were disrupted. The ETFMG Prime Cyber Security ETF (HACK), which includes Splunk Inc. (SPLK) and Okta Inc (OKTA) among its top holdings, is up 18% year to date.

Portfolio Pulse from Piero Cingari

September 13, 2023 | 8:49 pm

CZR

Caesars Entertainment has suffered a cyber attack, which was initiated through an IT help desk scheme, according to sources cited by the Wall Street Journal.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:33 pm

Visa (NYSE:V) has invested in London-based payments platform Form3 through a commercial partnership. This will allow Visa clients to minimize fraud while sending and receiving real-time account-to-account payments using Form3's fraud-detection tools and Visa's AI and risk-scoring features. The partnership will also enable Form3 to develop new products and services and expand into new territories where real-time payment solutions are integral.

Portfolio Pulse from Khyathi Dalal

September 13, 2023 | 7:17 pm

EWY

SPY

VGK

The U.S. State Department has announced that it will not hesitate to impose sanctions on Russia and North Korea over any future arms deals if and when it's appropriate. This could potentially impact global markets and specific ETFs.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 5:54 pm

EWY

SPY

USO

The White House has warned Iran that if it attempts to divert funds held in South Korea, the US will take action and lock them up again. The US has also stated that Iran will not be receiving any sanctions relief.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 5:39 pm

MGM

MGM Resorts has reported a cyberattack that has caused an outage stretching into its third day. The company has warned that this could have a material effect on its operations.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 4:45 pm

MSFT

Microsoft Corporation (NASDAQ:MSFT) is facing cybersecurity concerns over the theft of a consumer signing key used in the Storm-0558 attacks. Elon Musk, co-founder of OpenAI, has expressed concerns about Microsoft's influence over OpenAI. Blackstraw AI has partnered with Microsoft, securing the Solutions Partner Designation for Data & AI and Digital & App Innovation in Microsoft's Cloud Partner Program.

Portfolio Pulse from Mohit Manghnani

September 13, 2023 | 4:11 pm

BTCUSD

Karl Sebastian Greenwood, co-founder of OneCoin, has been sentenced to 20 years in prison for his role in a $4 billion cryptocurrency fraud scheme. The fraudulent operation deceived millions of investors worldwide. The case highlights the risks associated with investing in cryptocurrencies and will be a focal point of discussion at the upcoming Benzinga's Future of Digital Assets conference.

Portfolio Pulse from Murtuza Merchant

September 13, 2023 | 2:28 pm