Author: TechBrunch
On Friday, hackers stole around $1.4 billion in Ethereum cryptocurrency from Crypto Exchange Bybit. After the hack, several blockchain surveillance companies and well-known crypto investigator ZachxBT pointed to a North Korean government hacking group known as the Lazaro Group, all as the perpetrators. Zachxbt first pointed at the finger of responsibility, just hours after he himself noticed the first signs of hack. Researchers said they were able to track stolen cryptocurrencies from Bibit to wallets they used in previous hacks, as well as wallets for Phemex, Bingx and Poloniex. When TechCrunch asked that North Korea's confident Zachxbt behind the Bibit…
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Security researchers say the default passwords shipped to the widely used door access control system allow anyone to easily and remotely access door locks and elevator controls in dozens of buildings in the US and Canada. It states. Hirsch, a company that currently owns the Enterphone Mesh Door Access system, says that the bugs must be designed to require customers to follow the company's setup instructions and change the default password, and will not fix the vulnerability. . According to Eric Daigle, who found dozens of exposed buildings, the number of North Americans who have not yet changed the default…
For decades, patents have been seen as a skeleton of the tech world and as a way to protect intellectual property, but critics see them as a blunt instrument towards innovation. In the age of AI, they are being revisited again. New York startup Patlytics has developed an AI-enabled patent analytics platform that helps businesses, IP experts and law firms streamline their patent workflows from discovery, analysis, comparison and litigation prosecution. The Google-backed startup said it closed $14 million on Monday in a 47-led Series A round with participation from existing investors, including Google's Gradient, 8VC, Alumni Ventures, Liquid 2…
With a dozen recent photos and video apps targeting young adults on social hooks, what shows traction in 18 2-Can comedy will catch the attention of investors looking for their next Instagram or Tiktok There is a trend. In the latest example, Yope's photo sharing app can be shared with individual groups, and has grown 30 times over the past six months, gaining 2.2 million active users every month and 800,000 active users every day. It states. And, perhaps one of the most important indicators in a very whimsical market, the company currently claims to hold 40% of its 7…
It is often said that the UK and Europe lack a large level of growth capital for late startups that the US has its own. This is the right thing to do. According to the European Investment Fund, there are at least seven times more large European VC funds in the US. Therefore, the emergence of new growth funds in the UK is important. Cambridge Innovation Capital (CIC), which invests only in famous universities and its surrounding Cambridge ecosystems, has launched a new £100 million ($126 million) “Challenge Fund,” essentially a growth fund. . CIC has invested $757 million in…
Larry Ellison's leap into farming with Teacher Farm, a company, offers classic reminders. Being a genius in one arena is not about being successful in another. As the WSJ reports, Oracle's co-founders set out to reform agriculture on Lana Island, Hawaii, which was scooped up at $300 million in 2012. Ellison dreamed of AI-powered greenhouses and robotic harvesters feeding the world sustainably. Instead, the teacher was stumbled by Tech Snarls, including Wi-Fi issues and solar panels that were hit by the winds of Lanai. When the lanai is usually sultry, think of a greenhouse designed for the Israeli desert climate.…
As the district struggles to support students' mental health, a startup called Sonar Mental Health has created a “happy companion” called Sonny. As explained in the Wall Street Journal, Sonny is a chatbot that relies on a combination of human staff and AI. When a student texts a question to Sonny, the AI suggests a response, but it is the human who is ultimately responsible for the message. Sonar said it signed the first school partnership in January 2024, making it available to more than 4,500 middle and high school students in nine districts. The company says the chat is…
Coinbase said Friday that the SEC agreed to stop litigation against the company due to bias. In other words, he said he could not submit it again. The move, subject to approval from the SEC commissioner, is another signal that the Trump administration plans to be more code-friendly than it had been under former leader Gary Gensler. The SEC lawsuit filed in 2023 claimed that the crypto assets were securities and that Coinbase operates as “an unregistered national stock exchange, broker and liquidation agency.” Coinbase fought back to sue them by claiming that the SEC has not established sufficient clear…
Apple released its first developer beta version of iOS 18.4 on Friday. This adds a new “priority notification” feature with Apple Intelligence. This additional purpose is to help users manage notifications by prioritizing important alerts and minimizing distractions from less important ones. These priority notifications will appear in a different section of your phone's lock screen. Apple Intelligence analyzes notifications that you think you need to see in this section, but you can swipe to see all notifications. Currently, the iPhone sorts notifications chronologically, with the latest alerts displayed above. When you use the new feature, you will first see…