Streetbeat News

Security

NABZY

National Australia Bank Ltd. (OTC:NABZY) has imposed restrictions on payments to certain 'high-risk' crypto exchanges due to concerns over scams. This move aligns with other major Australian firms that have also limited access to digital asset platforms. The bank claims crypto scams cost Australians A$221 million ($151 million) in the previous year. The specific crypto exchanges affected by this decision have not been disclosed.

Portfolio Pulse from Murtuza Merchant

July 17, 2023 | 2:15 pm

WKEY

WISeKey International's subsidiary, SEALSQ, has been selected by DUCTECH Co., Ltd. to provide matter-trusted device attestation certificates. This partnership could potentially enhance the security and trustworthiness of DUCTECH's devices.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 5:17 am

SFBC

Sound Financial Bancorp's unit was notified that a vendor used MoveIt to transfer information related to about 16,000 of the bank's mobile and online banking customers. An investigation regarding a potential breach of the bank's customer data is still ongoing.

Portfolio Pulse from Happy Mohamed

July 14, 2023 | 4:26 pm

MSFT

Chinese state-backed hackers have been attributed to the recent sophisticated hack of Microsoft Corp's email accounts of US government officials. The attack indicates a potential extensive infiltration into US government and corporate networks. The hackers have evolved from loud smash-and-grab heists to more persistent and stealthy tactics. In the recent attack, they gained access to Microsoft's cryptographic protection system, allowing them to produce digital tokens for accessing Microsoft's online services.

Portfolio Pulse from Anusuya Lahiri

July 14, 2023 | 1:54 pm

LAES

WKEY

WISeKey International Holding Ltd. (NASDAQ:WKEY) and its subsidiaries, SEALSQ Corp (NASDAQ:LAES) and WISeSat AG, are developing an ultra-secure picosatellite solution for Quantum-Ready IoT communications. The new generation of WISeSat-ready satellites will incorporate post-quantum solutions, with microchips and devices designed to withstand the evolution of computational power. Seventeen WISeSat-ready satellites have already been launched into orbit with SpaceX as part of an 80-satellite constellation.

Portfolio Pulse from Happy Mohamed

July 14, 2023 | 1:13 pm

EWY

SPY

North Korea has stated that no one has the right to take issue with its Intercontinental Ballistic Missile (ICBM) launch and will continue to push for the most overwhelming nuclear deterrence until the U.S. drops its hostile policy, according to Reuters citing KCNA.

Portfolio Pulse from Charles Gross

July 14, 2023 | 10:08 am

NVDA

President Joe Biden is intensifying diplomatic outreach to China to mitigate the impact of impending restrictions on hi-tech exports. The restrictions could affect areas like quantum computing, AI, cloud computing, and aerospace. Despite these efforts, military communication between the U.S. and China remains closed due to tensions around Taiwan and the South China Sea. Biden aims to boost the American economy by stemming China's dumping of U.S. Treasury bonds.

Portfolio Pulse from Benzinga Neuro

July 14, 2023 | 5:55 am

AAPL

Apple Inc.'s AirTag has been instrumental in tracking down and apprehending a thief in Hartlepool. The thief, Dylan Balmer, stole a woman's handbag and car keys, unaware that the key fob had an AirTag attached. The tracking device led to his capture. This is not the first time AirTag has helped users recover their belongings.

Portfolio Pulse from Ananya Gairola

July 14, 2023 | 4:47 am

CELUSD

Alexander Mashinsky, founder and former CEO of Celsius Network (CRYPTO: CEL), has been arrested on charges of securities fraud, commodities fraud, and wire fraud. The charges allege that Mashinsky and the former chief revenue officer manipulated the market for Celsius's CEL crypto token, defrauding customers and misleading them about the company's success. This comes a year after Celsius Network, which managed approximately $25 billion in customer assets, filed for bankruptcy protection. The US has entered into a non-prosecution agreement with Celsius, which has accepted responsibility for its role in the fraudulent schemes.

Portfolio Pulse from Murtuza Merchant

July 13, 2023 | 7:17 pm

SPY

VGK

A Pentagon official has confirmed the presence of cluster munitions in Ukraine, according to Reuters. However, the article does not specify who is responsible for their deployment.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 6:47 pm