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A Connecticut law firm bookkeeper has admitted to embezzling more than three-quarters of a million dollars by issuing fraudulent checks and diverting cash from rental properties. The 58-year-old Ellington resident entered her plea Tuesday in New Haven federal court, reports CT Insider. She worked as office manager and bookkeeper at the Hartford firm and used its software to create hundreds of fake checks payable to herself from around 2010 through 2022. Prosecutors said she forged the firm owner’s signature on the checks before depositing them into her personal account and altered bookkeeping records to hide the activity. She also took approximately…
In brief Emil Michael, the Pentagon’s undersecretary of defense for research and engineering, sold his Perplexity AI stake in June for between $5 million and $25 million, according to financial disclosures reviewed by The Guardian. It’s his third AI-adjacent stock exit this year — following a $24 million gain on xAI in January and at least $5 million from a stake in Brex in April. Michael has been the public face of the Pentagon’s fight to blacklist Anthropic, a direct Perplexity and xAI rival, though a federal judge vacated that designation last week. Emil Michael, the Pentagon’s undersecretary of defense…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Arbitrum recorded $814 million in daily decentralized exchange volume, giving the Ethereum Layer-2 network another strong activity signal as traders rotate through on-chain markets. The figure is useful because it looks at actual trading activity rather than just token price. That matters for Arbitrum, where the story has always been tied to Ethereum scaling, DeFi liquidity, and the question of whether Layer-2 networks can keep attracting real usage. A big DEX volume day does not guarantee ARB will rally. But it does show that traders are using…
An Alabama company that stores and moves patient records is warning that personal and medical data for about 9.5 million people may have been accessed in a cyberattack. Aesto Health told the HHS Office for Civil Rights that 9,540,683 people are involved, reports SecurityWeek. Aesto says unauthorized actors reached part of its Amazon Web Services systems. It detected the incident on or about December 18th of 2025. A later review found the access window ran from December 2nd to December 18th of 2025. Says Aesto, “On or about December 18, 2025, Aesto experienced a network security incident that impacted a limited portion…
A lot of people have heard of Bitcoin but even among those who hold it, knowledge is shallow. Though for those holding the leading cryptocurrency, it appears to be solving a problem: getting around failing banking rails or inflation. That’s according to new findings from the U.S. Ivy League research university Cornell, which spoke to nearly 26,000 around the globe about Bitcoin. In its new Bitcoin Adoption Index report, the top college found that El Salvador, Venezuela and Nigeria were the countries that had the highest number of people who had ever owned bitcoin. “Ranked by the share of all…
A Louisiana identity-check company is facing an FBI probe after more than 153 million U.S. and Canadian driver’s licenses showed up for sale on the dark web. A service called Nexus briefly sold scans of those licenses and other IDs, in a leak traced to a suspected breach at IDScan.net, reports KrebsOnSecurity. Nexus was advertised on the Russian cybercrime forum Exploit. The sellers claimed they had been pulling data for more than a year. The listings included front and back scans with infrared and ultraviolet images and timestamps that lined up with visits to clients such as Hertz and Planet13 dispensaries. People…
In brief CCI wants non-ETF products to receive regulatory efficiencies similar to those available to ETFs. A16z said the SEC should assess products according to their assets and risks. Commenters disagreed over event contracts, confidential filings, staking and retail safeguards. Crypto firms, asset managers, market makers and consumer advocates pressed the Securities and Exchange Commission with competing plans for regulating a new generation of exchange-traded products, spanning crypto, private assets, event contracts, and leveraged strategies.“Just as the Commission has modernized rules to promote efficiencies for ETFs, the Commission should consider providing similar efficiencies for non-ETF ETPs to promote regulatory parity,…
Geopolitical tensions involving Iran are pushing up Treasury yields and mortgage rates across the US. Thirty-year mortgage rates reached an average of 6.6% last week, according to Freddie Mac data. The shift is raising costs for homebuyers and car purchasers, reports The Wall Street Journal, with analysts expecting those rates to approach 7% and further reduce affordability for first-time buyers. Low housing inventory is already limiting sales and keeping prices elevated, and higher yields are jacking up construction expenses for new rental units. Auto loans tied to five-year Treasury yields are climbing as well, prompting longer repayment terms for many…
Quantum this, quantum that…who put a stupid cat on-chain!? Ahem. Alright, let’s be serious. The threat that a viable, actually functioning, quantum computer would pose to Bitcoin if it were to be built is very serious. It is the concrete example of an existential threat, in every sense of the word. One of the bedrock foundations that Bitcoin rests upon is the assumption of a functioning cryptographic system that can be used to produce unforgeable signatures, i.e. that if you follow that system’s protocol properly when signing things, there is no way that anyone but a bitcoin’s rightful owner could…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Solana ecosystem tokens have outpaced the broader altcoin market in recent performance benchmarks, giving traders another reason to watch the network’s internal rotation rather than SOL alone. That is the interesting part here. Solana is not just one token story anymore. When the ecosystem is active, capital can move through memecoins, DeFi tokens, infrastructure names, liquid staking assets, wallets, launchpads, and consumer-facing projects. Sometimes SOL leads. Sometimes the smaller ecosystem tokens move harder. The latest performance data points to that second dynamic. For more details, visit the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Sui Network’s total value locked is holding around the $1.2 billion level, keeping the chain in the conversation as traders watch where DeFi liquidity is moving. TVL is not the same as users. It is not the same as revenue. It does not prove that every application on the network is thriving. But it is still one of the most watched signals in DeFi because it shows how much value is sitting inside protocols on a chain. For Sui, holding the $1.2 billion area gives the ecosystem…
The CEO of bitcoin treasury Strategy brushed off concerns investors may have about the company selling some of its stash, instead telling reporters that the move was to strengthen its balance sheet. Speaking to Bloomberg on Tuesday, Phong Le said that the company now has a “bullet-proof balance sheet” and it was the “right trade at the time” to sell bitcoin when it did. Strategy, the largest corporate holder of bitcoin, restarted its buying the cryptocurrency on Monday after a 10-week pause. After halting its buys in June, it instead sold small amounts of its bitcoin and built two cash…