November 10, 20240 Comments

Dune Launches Dashboard Tracking $2.5B Lost to Crypto Hacks and Phishing Scams

One of the new dashboard’s most striking features is its funds flow analysis, which reveals where stolen funds ended up after being siphoned from victims. Unsurprisingly, platforms like Tornado Cash — the crypto mixer sanctioned by U.S. authorities — emerge as major endpoints for these funds. However, decentralized finance (DeFi) protocols like Sushi, Yearn, and Uniswap also rank among notable end destinations for laundered assets. Source link

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November 9, 20240 Comments

Apple, Goldman Sachs ordered to pay more than $89 million over Apple Card failures

Apple and Goldman Sachs must pay more than $89 million over failures related to their joint Apple Card, federal financial regulators announced Wednesday. The Consumer Financial Protection Bureau (CFPB) said the companies provided inadequate customer service and misrepresented transactions and card features to hundreds of thousands of Apple Card users. “Apple and Goldman Sachs illegally sidestepped their legal obligations for Apple Card borrowers,” CFPB Director Rohit Chopra said in a

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November 9, 20240 Comments

How Elon Musk stands to cash in on Trump’s presidential victory

Tesla CEO Elon Musk (R) joins former U.S. President and Republican presidential candidate Donald Trump during a campaign rally at the site of his first assassination attempt in Butler, Pennsylvania, on Oct. 5, 2024. Jim Watson | Afp | Getty Images As Donald Trump celebrated his presidential victory early Wednesday morning, Elon Musk was right there with him. “A star is born. Elon,” Trump said onstage at his Mar-a-Lago resort,

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November 9, 20240 Comments

Character.AI, Google face lawsuit over teen’s death

Character.AI, Google face lawsuit over teen’s death – CBS News Watch CBS News A Florida mother filed a lawsuit against the artificial intelligence company Character.AI and Google. In February, Megan Garcia’s 14-year-old son died by suicide. She says her son was in a monthslong virtual emotional and sexual relationship with a chatbot. Garcia claims the Character.AI chatbot encouraged her son to take his own life. Character.AI called the situation tragic

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November 9, 20240 Comments

FTX’s Caroline Ellison reports to prison to begin 2-year sentence

Caroline Ellison, former chief executive officer of Alameda Research LLC, arrives at court in New York, US, on Tuesday, Sept. 24, 2024. Michael Nagle | Bloomberg | Getty Images Caroline Ellison, the star witness in the prosecution of FTX founder Sam Bankman-Fried, reported to a low-security federal prison in Connecticut on Thursday, according to a spokesman for the Bureau of Prisons. In September, Ellison was sentenced to two years in prison

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