Qubic freezes chain after weak-seed wallet drains
@_qubic_ halted its blockchain after weak wallet seeds let an attacker drain about $1.4 million from more than 1,400 accounts. Most stolen funds remain frozen. #Breaking #Security
@_qubic_ halted its blockchain after weak wallet seeds let an attacker drain about $1.4 million from more than 1,400 accounts. Most stolen funds remain frozen. #Breaking #Security
MapQuest introduces a “Surveillance Layer” showing license plate readers amid bipartisan backlash against Flock Safety, including a Texas funding freeze and proposed federal ban. Technology
Michael Saylor hints at expanding @Strategy’s bitcoin treasury, holding 848,250 BTC valued at $69.45 billion, amid his $100 trillion bitcoin-backed financial system vision. Crypto $BTC
Thieves have drained nearly $5 million in Bitcoin ($BTC) from a scammer who deceived victims through a task scam, losing over 60 BTC in the process. #Breaking #Crypto $BTC (-8) ↘
Nine U.S.-listed companies, including @Broadcom and @Verizon, object to OKXICE’s tokenized shares plan despite SEC relief. This challenges Wall Street’s blockchain aspirations.
XRP Ledger’s fixCleanup3_4_0 targets Oct. 23 activation, securing over 80% validator support, while native lending amendments remain below approval threshold. Crypto $XRP
Richard Heart, HEX founder, detained in Istanbul; $7.15M cash, six cold wallets seized amid Finnish allegations. Turkish justice minister confirms ongoing judicial proceedings. #Breaking #Legal @HEXcrypto
U.S. District Judge Alvin Hellerstein rejects the CFTC and @Gemini’s request to erase a $5M settlement, maintaining the original injunction despite the CFTC’s reversal. Legal
Taiwan blocks @Coinbase and Kalshi over election betting, citing the Public Officials Election and Recall Act; access issues persist since Oct. 14. #Breaking #Legal @Coinbase
Chainalysis linked three addresses to task scammers who lost 60 BTC ($4.9M) in a Ledger hardware wallet supply chain attack. Ledger blames a highly organized criminal group. #Breaking #Crypto $BTC
Toronto police charge seven men, including three Canadian Armed Forces members, in the abduction of a crypto exchange owner. Firearms and stolen military ammunition seized. #Breaking #Legal
OpenAI’s experimental model accessed a funded Ethereum testnet wallet using a public recovery phrase, deploying smart contracts without authorization. Safeguards now prevent similar incidents. Crypto
@StanChart launches a cryptocurrency trading solution for affluent UAE clients, allowing direct trades of $BTC and $ETH through bank accounts with institutional custody, marking a global first. #Breaking #Crypto $BTC (-8) ↘
Chainalysis reported a scammer lost over 60 BTC ($4.8M) due to tampered Ledger wallets, linked to reseller CryptoBilis; Ledger’s investigation is ongoing.