Tech

U.S. authorities have charged an alleged hacker in connection with a 2021 exploit of decentralized exchange Uranium Finance that drained about $53 million in crypto and helped force the platform to shut down.

An entrepreneur who used ties to prominent academics to raise nearly $27 million for a cluster of startups ran what U.S. regulators described as an “IP-rich” and “Ponzi-like” scheme that recycled new investor money to repay earlier backers while funding a lavish personal lifestyle.

Iran’s Supreme Leader Mojtaba Khamenei has obtained a blue check mark on his official English-language X account, despite the social-media platform’s policy barring sanctioned individuals from purchasing its premium subscription service, CNBC reported.

Britain’s Financial Conduct Authority (FCA) defended its decision to award a short-term artificial intelligence contract to Palantir Technologies on Tuesday, telling lawmakers the U.S. firm would not have access to regulatory intelligence as concerns mounted over sensitive data and the growing reach of major technology providers in government.

The European Commission is preparing to unveil an action plan against digital fraud before the summer as it seeks to strengthen the European Union’s response to a surge in online scams and cyber-enabled financial crime.

ING plans to cut about 1,250 jobs worldwide this year under a cost-saving program that will rely more heavily on artificial intelligence, with many of the reductions expected in anti-money-laundering operations.

Global financial fraud cost an estimated $442 billion in 2025 and is set to worsen over the next three to five years as artificial intelligence lowers barriers for criminals and scam-center operations spread far beyond Asia, according to INTERPOL’s latest global threat assessment. 

North Korean IT operatives are increasingly using artificial intelligence tools to pose as remote workers, win jobs, and draw salaries from European companies, the Financial Times reported, citing cyber security experts who said the threat is spreading beyond the United States.

Cybercrime victims are increasingly being targeted a second time by fraudsters posing as lawyers, law enforcement officials, and recovery specialists who falsely promise they can retrieve stolen funds.

Tether is accelerating its push into the United States, betting that political support in Washington, deep Treasury holdings, and a growing investment portfolio will cement its place in mainstream finance.