Thirteen men face charges in a $265 million cryptocurrency theft scheme that spent $13 million on luxury cars and nightclubs.
In a recent case concerning a massive Bitcoin heist, Malone Lamb has been identified as a key defendant. He is connected to a theft amounting to $230 million, according to records from the Broward County Sheriff’s Office in Florida. Federal prosecutors in Washington, DC, have charged 13 men who allegedly targeted individuals with significant cryptocurrency […]
Democrat Communication Struggles as People Are Asked to Support Medicaid for 1.4 Million Undocumented Immigrants
House Republicans are aiming to prevent around 1.4 million undocumented individuals from accessing Medicaid funded by taxpayers, while Democrats are struggling to communicate their stance on the matter. On Wednesday morning, the House Energy Commerce Committee finalized the markup for a budget settlement bill, which includes measures that prevent individuals who can’t verify their citizenship […]
The previous residence of the Gucci family, Calvin Klein, and Italian ambassadors is listed for $16 million.
A notable townhome from the golden age of architecture has seen a significant price reduction. This expansive 10,300-square-foot property, situated near Central Park, once served as the residence of the Italian UN ambassador. It also carries a unique history, having been home to both Calvin Klein and members of the Gucci family. The property was […]
Cybercriminals stole customer information and demanded a $20 million ransom.
Cryptocurrency exchange Coinbase announced on Thursday that hackers had stolen customer data and demanded a ransom of $20 million to keep the information private. The group of cybercriminals reportedly convinced a small number of offshore customer support agents to copy data from support tools in exchange for payment, according to Coinbase’s blog post. The criminals […]
Harvard modifies lawsuit after Trump administration reduces funding by $450 million due to antisemitism.
Harvard Loses Federal Research Funding On Tuesday, Harvard updated its lawsuit against the Trump administration, highlighting another cut of $450 million in research funding. The Ivy League institution revealed it had adjusted its legal stance shortly after a federal task force focused on combating anti-Semitism, noting that eight federal agencies terminated approximately $450 million in […]
Major US cryptocurrency exchange targeted by cyber-attack, potential losses could reach $400 million.
The largest cryptocurrency exchange in the U.S., Coinbase, estimates that a recent cyber attack compromising the account data of a “small subset” of customers could cost between $180 million to $400 million. This figure doesn’t include the $20 million ransom that hackers are demanding, a payment Coinbase has decided against. While Coinbase handles a significant […]
Tesla chairman sold shares valued at $230 million as profits dropped.
Tesla’s chairperson has sold over $230 million worth of company stock, amidst a backlash that followed Elon Musk’s endorsement of Donald Trump. This support led to protests and boycotts against Tesla, impacting its profits and stock values. According to a filing reviewed by the Associated Press, more than half of Robindenholm’s cash flow stemmed from […]
Metaplanet Uses Its Bitcoin Holdings of More Than 5,000 BTC to Achieve Record Profit of $4 Million
The Tokyo-listed investment firm Metaplanet (3350) reported an operating profit of 592 million yen (around $4 million) for the first quarter of 2025, largely due to its Bitcoin-focused revenue model. With total revenue hitting 877 million yen, a significant 88% of that stemmed from Bitcoin options trading. This information was shared in their first quarter […]
Coinbase anticipates a loss of up to $400 million due to a cyber attack.
Coinbase Faces Potential Loss from Cyberattack Coinbase has indicated that it may incur losses ranging from $180 million to $400 million due to a cyberattack that compromised account data for a “small subset” of its users. Following this announcement, shares of the cryptocurrency exchange dropped by 3% during pre-market trading on Thursday. The company mentioned […]
Current HIV treatment may reduce the number of new Alzheimer’s cases by up to 1 million each year.
New Research May Link HIV Drugs to Alzheimer’s Prevention Recent studies suggest that certain existing HIV medications could potentially serve as a preventive treatment for Alzheimer’s disease. These drugs, known as nucleoside reverse transcriptase inhibitors (NRTIs), are usually employed to manage HIV, but researchers from the University of Virginia have discovered a correlation between their […]