Streetbeat News

Security

ETHUSD

Ethereum co-creator, Vitalik Buterin, and four other contributors have authored a research paper proposing to enhance the transparency and trustworthiness of the cryptocurrency market. The paper discusses the significance of 'privacy pools' and zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge) in maintaining user confidentiality and transaction integrity. The authors believe these mechanisms can revolutionize the crypto trading landscape.

Portfolio Pulse from Murtuza Merchant

September 08, 2023 | 7:04 pm

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Elon Musk's acquisition of Twitter (now X) has reportedly lost 90% of its value. General Motors' wage offer has been branded as 'insulting' by UAW President Shawn Fain. Stellantis has opened its first Battery Technology Center in Italy. Kroger and Albertsons have agreed to sell select assets to C&S Wholesale Grocers for $1.9 billion. Kroger also reported a Q2 sales decline and reached a settlement for opioid claims. UK's NICE has endorsed Eli Lilly's diabetes medication, Mounjaro. Hooker Furnishings reported a Q2 sales decline. PVH Corp's subsidiary, Calvin Klein, has signed a licensing deal with Revman. Apple has responded to the discovery of zero-day exploits. Workers at Chevron's LNG projects in Australia have gone on strike. Zoom has engaged with regulators over Microsoft's perceived anticompetitive behavior. Google has cut ties with Joshua Wright over sexual harassment allegations. Goldman Sachs is preparing for another round of job cuts. Spotify plans to offer free audiobooks to its paying subscribers. Carl Icahn has shown support for Illumina's new CEO.

Portfolio Pulse from Vandana Singh

September 08, 2023 | 2:32 pm

AAPL

Apple Inc has promptly responded to the discovery of zero-day exploits used against a member of a civil society organization in Washington, D.C. The exploits were uncovered by Citizen Lab, an internet watchdog group. Apple's recent security update patches these vulnerabilities, ensuring the protection of iPhone users. The zero-day exploits were part of an exploit chain designed to deliver NSO Group's notorious Pegasus malware. The incident highlights the role of civil society organizations as early warning systems for global cybersecurity.

Portfolio Pulse from Anusuya Lahiri

September 08, 2023 | 2:08 pm

DATS

DatChat (NASDAQ:DATS), a blockchain, cybersecurity and social media company, has reported over 100,000 active users on its metaverse platform, Habytat. The platform offers users a private social networking experience and unique features such as NFT-deeded land and houses. The company has also signed a Memorandum of Understanding with Cloud Water Brands to promote its products within Habytat. DatChat has recently filed a patent for technology that enables secure access to group-based digital assets across its platforms.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 1:05 pm

AMZN

TikTok's new shopping platform, a competitor to Amazon.com Inc. (NASDAQ:AMZN), is raising concerns about product authenticity and data security. Many products on the platform come from China, and there are issues with product choices and brand names. Despite these concerns, TikTok Shop's daily consumer spending has risen from $500,000-$1 million in June to $3-$4 million currently, and is expected to surpass $10 million by year-end.

Portfolio Pulse from Ananya Gairola

September 08, 2023 | 5:43 am

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Google, a subsidiary of Alphabet Inc., is celebrating the 15th anniversary of its web browser, Chrome, with a series of updates including a design overhaul, advanced AI integration, and enhanced security measures. The design changes aim to align more closely with the visual style of Android and the broader Google suite. The Chrome Web Store is also receiving a makeover to match the Material You design, introduced to Android in 2021. The Chrome side panel is being introduced, offering quick access to Google Search with additional context related to on-screen content. Google is also improving Chrome’s security by implementing real-time checks against a database of known malicious actors, resulting in a 25% boost in protection against malware and phishing threats.

Portfolio Pulse from Ananya Gairola

September 08, 2023 | 3:54 am

AMZN

AI-written books on mushrooms available on Amazon (NASDAQ:AMZN) have been criticized for containing potentially dangerous misinformation. The books, which are suspected to have been written by AI chatbots, include advice on mushroom foraging that experts have deemed inaccurate and unsafe. Amazon is reviewing the books and has removed some from its platform.

Portfolio Pulse from El Planteo

September 08, 2023 | 1:23 am

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The cryptocurrency world is facing increasing cybersecurity threats, with significant incidents involving Binance, Ethereum, and an FBI alert about Stake.com. Binance compensated users with $1 million due to a liquidity crunch with the CyberConnect token on the Upbit exchange. An Ethereum wallet holder lost $24 million in derivatives due to a phishing attack. The FBI identified North Korea's Lazarus Group as the perpetrator of a $41 million theft from Stake.com.

Portfolio Pulse from Murtuza Merchant

September 07, 2023 | 10:08 pm

ETHUSD

MATICUSD

The FBI has identified the North Korea-affiliated Lazarus Group as the perpetrator of a $41-million cryptocurrency theft from Stake.com, an online casino. The group has been linked to thefts totaling over $200 million in 2023. The stolen funds were associated with the Ethereum (ETH), Binance Smart Chain, and Polygon (MATIC) networks. The FBI has urged private entities to be proactive in their cybersecurity efforts.

Portfolio Pulse from Murtuza Merchant

September 07, 2023 | 8:12 pm

EVLV

Omnilert, a leader in active shooter solutions, has partnered with Evolv Technology to integrate its AI visual gun detection software into the newly announced Evolv Extend. The software can identify a weapon in less than a second and initiate a robust response such as locking doors, contacting police, and notifying staff. The alerts are sent to onsite security staff positioned near the Evolv Express system, allowing them to swiftly implement emergency operational procedures.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 5:08 pm