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Harmony is proposing to shut down the blockchain it controversially restored through a rollback less than three weeks ago.The Sept. 6 plan would end Harmony’s independent network, move ONE to Ethereum, and preserve the token through a snapshot and airdrop, reversing the project’s position from Aug. 17, when it rejected migration as too disruptive.Instead, Harmony chose to roll back the chain after an Aug. 11 exploit that allowed attackers to reuse cross-shard receipts and mint tokens without corresponding debits elsewhere.The project initially reported 4 billion ONE created in the attack. Its broader reconstruction later put unauthorized issuance at roughly 3.01 trillion…
In brief Gamers Nexus found LG TV sets still scan a household’s entire Wi-Fi network and can capture microphone audio while appearing off or unplugged from the internet. LG settled with Texas regulators in May, agreeing to stop collecting viewing data without informed consent. Separate security researchers found unpatched remote-access bugs and residential-proxy code, software that quietly reroutes strangers’ internet traffic through a buyer’s home connection. What does an LG smart TV do when nobody’s watching? Digital media company and popular YouTube channel Gamers Nexus spent more than 500 hours and about $70,000 finding out. The answer, per a new…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple has entered a partnership with Florida Athletics that will bring optional XRP and RLUSD payment choices into parts of the athletics program’s ticketing and merchandise experience. It is a nice mainstream-facing win for Ripple, partly because sports partnerships are easy for normal people to understand. This is not some abstract infrastructure integration buried in a developer doc. It is payments, fans, tickets, concessions, and college athletics. That said, the wording needs to stay careful. XRP is not becoming a mandatory payment method for university purchases. This…
In brief OpenAI’s chief scientist called for voluntary slowdowns until shared safety standards are established. Pachocki said monitoring models’ reasoning is becoming less reliable. He urged international coordination as AI takes on more of its own development. OpenAI’s chief scientist Jakub Pachocki has called for voluntary slowdowns in AI development, warning that no lab’s safeguards are adequate to keep building more powerful systems at full speed for much longer.In his post “An Alien Mind,” published Sunday, Pachocki argued that voluntary company commitments should become mandatory safety standards, enforced by independent auditors, governments or international bodies. He said OpenAI would withhold…
In brief Annual MENA blockchain transactions reached an estimated $350 billion by 2025–2026, up from about $100 billion in 2022. The institute says the Iran conflict pushed a growing share of regional capital into digital assets. Investors shifted toward Bitcoin after an initial sell-off, while Gulf crypto firms continued operating during the fighting. The Iran conflict is pushing a growing share of regional capital into digital assets as investors seek to preserve wealth and move money during disruption, according to the Bitcoin Policy Institute.In a report published Friday, the group estimates that annual blockchain transaction value across the Middle East…
The U.S. Treasury Department says massive amounts of money tied to Iran are still moving through American banks each year. The allegations come as the Treasury moves to restrict an Emirati branch of Banque Misr from accessing U.S. correspondent accounts. The branch kept dollar accounts at three U.S. financial institutions, although the Treasury does not name them, reports The Wall Street Journal. Officials allege that the Emirati branch processed as much as $1.8 billion for firms connected to Iranian shadow banking from January of 2024 through June of 2026. Iran still uses foreign banks in places such as the United Arab…
President Trump is now suggesting that the moon belongs to America. His new Truth Social post features an image of the lunar surface captioned “The Moon Is Ours” with an American flag. Minutes earlier in the same posting session, Trump shared AI-generated images of the new U.S. Space Force service dress uniforms in a color palette of space gray and midnight black. . Trump’s assertion rubs against the Outer Space Treaty of 1967, which the U.S. helped draft and which more than 100 countries signed. The treaty states that outer space and celestial bodies are not subject to national appropriation…
In brief Bottomline, a top-three SWIFT services provider that processes more than $16 trillion in payments annually, announced a deal with Chainlink to connect its 600-plus bank customers to blockchain settlement. LINK touched $13.64 on September 7, its highest price since January 18, and outpaced every other top-10 cryptocurrency by market cap over the past 24 hours while Bitcoin stayed capped below $80,000. Chainlink’s CCIP will move tokenized value across blockchains and its CRE will orchestrate the payment workflow, letting banks keep sending standard messages instead of building new infrastructure. Bitcoin is back under $80,000 today, down about 1%, after…
In brief Ireland’s Criminal Assets Bureau says gangs store crypto wallet seed phrases and private keys in rented vaults alongside cash, watches and passports. It has reported the practice to the government committee preparing Ireland for new EU anti-money laundering rules. Cash still dominates, and the bureau’s chief says criminal use of crypto in Ireland remains “basic.” Organized crime gangs in Ireland are renting vaults to store the private keys and seed phrases that control crypto wallets, alongside cash, luxury watches and handbags, the head of the Criminal Assets Bureau has said.Detective Chief Superintendent Michael Gubbins, who runs the bureau, the Irish…
In brief Liquid disabled its bridge nodes on Sunday after about 4,000 BTC left the federation wallet that backs L-BTC. The withdrawal used SideSwap’s peg-out key, which Liquid says was not compromised, pointing instead to a bug in Elements. The wallet now holds roughly 200 BTC, around 5% of what it held before. Blockstream’s Liquid sidechain has been paused since Sunday, after about 4,000 BTC worth roughly $320 million left the federation wallet that backs every L-BTC in circulation.SideSwap, a federation member running a peg-out service, said a customer sent it 4,000 L-BTC at 14:05 UTC. It burned them under…