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A crypto hardware wallet provider is disclosing an authorization flaw in its order-tracking plug-in that exposed sensitive customer order details. SafePal says the flaw allowed unauthorized external access to names, email addresses, shipping addresses, phone numbers, and purchase details for approximately 39,798 customers who placed orders from March 2nd, 2025, to April 11th, 2026. Information including name, email address, shipping address, phone number, and purchase details, was accessed externally without authorization due to the flaw.” The company says no wallet credentials or financial data were involved or stored. SafePal says it fixed the flaw upon discovery, implemented additional security measures,…

Sono Group’s transition to a Bitcoin-heavy treasury is laying bare the severe financial strain at the core of the restructured company.With its former solar energy subsidiary now spun out as a discontinued operation, the parent company generated zero revenue during the first half of 2026. Instead, Sono has tethered its survival entirely to digital assets.However, an Aug. 14 Form 10-Q filing reveals a stark liquidity mismatch: as of June 30, the company held just $166,000 in cash against $4.11 million in Bitcoin. Related ReadingBitcoin treasury trade faces a stress test as debt pressure triggers sellingCorporate and sovereign BTC holders are…

In brief Gemini 3.7 Flash built a playable browser game from a single prompt in 2 minutes and 13 seconds, a task Gemini 3.6 Flash failed outright three weeks earlier. It failed our bridge logic puzzle with the same wrong answer as Claude Fable 5, and stopped short of actually calculating the math problem it correctly set up. The model runs at 75 cents per million input tokens through December 31, half of 3.6 Flash’s rate, before doubling to $1.50 on January 1. Google shipped Gemini 3.7 Flash on August 13, generally available in more than 160 countries on day…

In brief SB 903 would prohibit companion chatbots from offering psychotherapy. AI could assist clinicians but could not make independent therapeutic decisions. The bill cleared the Assembly Appropriations Committee 13-0 on August 13. California is one step closer to barring AI chatbots from posing as therapists and making mental health decisions without human oversight.Introduced on January 21, Senate Bill 903 cleared the Assembly Appropriations Committee in a 13-0 vote on Thursday and was ordered to a third reading. No date has been announced for the Assembly vote.Myriad: When will OpenAI release GPT-6? Click to make your prediction.“AI algorithms are not…

In brief A Seoul court sentenced Delio chief executive Jeong Sang-ho to 15 years for fraud and for registering as a virtual asset provider using false documents, according to local media. The court ruled evidence seized from Delio’s server host was unlawfully obtained, voiding the primary charge covering 2,800 victims and 250 billion won. He was convicted instead on fallback charges covering roughly 1,100 victims and 70 billion won, about $49 million. The Seoul Southern District Court has sentenced Delio chief executive Jeong Sang-ho to 15 years in prison over the collapse of the South Korean crypto deposit platform, five…

A Georgia man lost $30,000 after scammers allegedly posed as bank and law enforcement officials and convinced him to hand over his savings for “safekeeping.” The Roswell resident reported the incident to police on August 11th after the months-long scheme left him out $30,000, reports Appen Media Group. The fraud allegedly began in July when the man received a call from someone claiming to represent American Express. The caller told him that someone was using a card in his name, then transferred him to people who claimed to be officers with the New York City Police Department. After speaking with…

A Pennsylvania man lost $35,000 after scammers allegedly impersonated federal officials, gained remote access to his computer and arranged for couriers to collect his cash. Lancaster County resident Kevin Eberle was first contacted through a text message claiming he had been charged $340 for a computer protection service, reports WGAL. The message included a phone number to call if he did not recognize the charge. When Eberle called, the person on the other end allegedly offered to reverse the transaction before claiming that additional fraudulent activity had been discovered. Eberle was then given another phone number and a case number…

In brief Twitch has begun letting Amazon use streamer content to train generative AI models, with the setting switched on by default. Chief product officer Mike Minton said it was made opt-out because “if it was opt-in, nobody would opt in.” Turning it off does not stop Twitch using channel content for captions, recommendations, moderation and other AI features. Twitch has started allowing Amazon to train generative AI models on the work of the people who stream on it, with the setting enabled by default.The Amazon-owned platform announced the change on Wednesday as the addition of a control, telling users…

In brief Derive now accepts Flare’s FXRP as collateral for XRP options and perpetual futures. Users can trade through their own wallets without relying on a centralized exchange. Options settle in USDC, exposing traders to margin and liquidation risks. XRP holders can now use Flare’s FXRP as collateral to trade options and perpetual futures on decentralized exchange Derive, Flare announced on Thursday.According to Flare, users mint FXRP, a token representing XRP on the Flare blockchain, through its FAssets bridge that converts tokens like Bitcoin, XRP, and Dogecoin into ERC-20 tokens on the Flare network. They can then deposit the token into…

In brief A breach at ShipMonk, one of Trezor’s fulfillment partners, exposed personal data belonging to 13,689 Trezor customers. Full names, phone numbers, email addresses and shipping addresses were taken for 11,742 of them. Trezor says no device, private key or wallet backup was affected, and that its systems were not compromised. A data breach at one of Trezor’s shipping providers has exposed the names, phone numbers, email addresses and home addresses of thousands of the hardware wallet manufacturer’s customers, the company disclosed on Thursday.ShipMonk, which stores and ships Trezor’s products, told the company on Monday that an unauthorized party…

In brief Ether.fi is adding tokenized assets and loans backed by multiple holdings. Fiat accounts will support more than 30 currencies and payment methods. Tokenized stocks and metals will not be available to U.S. users. Ether.fi, a decentralized finance platform known for Ethereum staking, is adding tokenized asset trading, portfolio-backed loans, and fiat accounts to its self-custodial app.Announced on Thursday, Ether.fi said users can now trade tokenized stocks, metals, and crypto assets through its app. An integrated market using decentralized lending protocol Aave on Optimism, an Ethereum scaling network, also lets users lend assets, borrow against their portfolios without selling…

President Donald Trump and the heads of the SEC and CFTC are expected to meet crypto and prediction-market executives at the White House next week as the industry’s biggest legislative priority faces dwindling odds of becoming law this year.According to reports, the Aug. 19 gathering is expected to include executives from Coinbase, Andreessen Horowitz, Ripple, Chainlink, Kalshi and Paradigm, along with representatives from the Digital Chamber. Executives from Kraken, Gemini, the New York Stock Exchange and Nasdaq have also been invited.Trump and Commodity Futures Trading Commission (CFTC) Chair Michael Selig are among those expected to participate, while Securities and Exchange…