May 9, 2025

technology

Crypto

Cryptocurrency extortionists in Paris sever kidnap victim’s finger

PARIS: Criminals kidnapped the father of a cryptocurrency entrepreneur in Paris and severed one of his fingers to extort millions from him. The police managed to free the kidnapping victim and arrest the suspects through an extraordinary operation, French Interior Minister Bruno Retailleau confirmed on May 4. The suspects are five men aged between 20

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Banking

ANZ to scrap internet banking passwords for one million ANZ Plus customers in Australia-first security move

One million Australians will soon be internet banking without a password. ANZ Bank is scrapping the security feature for ANZ Plus customers as it rolls out internet banking to them within months and replacing password protection with two other methods, the bank revealed on Thursday. ANZ Plus is already a totally digital banking service launched

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Investment

$100B US investment hinges on federal support

Nichola Groom  |  Reuters April 29 — Manufacturers and developers of U.S. energy storage projects said their industry will invest $100 billion this decade to create a wholly domestic battery supply chain, but warned the goal was contingent on support from Washington. The American Clean Power Association, a trade group that represents energy storage companies, said

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Banking

Cryptocurrency may be evolving into a shadow banking system

Determinants of moneyness in the credit theory of money. Credit: Review of International Political Economy (2025). DOI: 10.1080/09692290.2025.2476738 A recent study published by political scientists at Freie Universität Berlin, Christopher Olk and Louis Miebs, indicates that the global cryptocurrency system has been undergoing significant transformations. The crypto system, which was originally intended as an alternative

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Investors

C.H. Robinson delivers on AI, but investors still skeptical

C.H. Robinson (NASDAQ:CHRW) revealed Wednesday it has executed more than 3 million shipping tasks through its proprietary generative AI agents. “Each additional shipping step we’ve automated beyond those has created new leaps in efficiency for global supply chains and freed our people to do more high-value work for our customers,” said Arun Rajan, chief strategy

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Banking

Trump led the way on open banking; now it’s time to accelerate

President Trump’s first administration laid the foundation for open banking in the United States through market-oriented principles. His second administration now has the opportunity to build upon this foundation, write Jason Rosen and Noah Gold, of Prism Data.Adobe Stock In light of the Consumer Financial Protection Bureau’s recently finalized rulemaking under Section 1033 of the

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Crypto

Justice Department shuts down its cryptocurrency team

Endeavor Moore Media – stock.ado The U.S. Department of Justice has disbanded its National Cryptocurrency Enforcement Team, retrenching its approach to crypto. The Justice Department will move away from going after crypto cases it believes should be handled by regulatory agencies, Deputy Attorney General Todd Blanche said in a memo released Monday night.  “The Department

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Crypto

West Texas Helios facility leased to Nvidia-backed CrowdWeave

Google hopes users harness power of AI to protect against cybercriminals Google is reportedly testing a new AI feature to generate passwords for compromised accounts through artificial intelligence. Straight Arrow News A major shift is beginning in Dickens County, with a highly touted cryptocurrency mining operation taking steps to become a more expansive data center.

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Crypto

This new malware is out to get your cryptocurrency

A new malware program called Crocodilus is currently wreaking havoc in the Android environment. It targets banking applications and cryptocurrency wallets by superimposing fake login pages over the top of official applications. ThreatFabric is a company specializing in cybersecurity, particularly in threats targeting Android banking applications. It is sounding the alarm about a new malware

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Investors

Trump to hold meeting on possible investors to buy TikTok with possible ban at stake

LOS ANGELES — President Donald Trump will hold a Wednesday meeting with aides about possible investors who could buy a stake in TikTok, a deal that could potentially stop the social media site from being banned in the United States. The details of the meeting were confirmed by a person familiar with the situation who

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