A British man, Joseph James O’Connor, has been ordered to return $5.4 million in Bitcoin and other cryptocurrencies after hijacking celebrity Twitter accounts in 2020. The civil recovery covers the increased value of the stolen crypto and will be managed by a court-appointed trustee for public restitution.
WeatherlyA faulty Cloudflare configuration file caused a major outage that briefly took down many popular websites and apps. The issue spread quickly because so many services rely on Cloudflare to manage their traffic.
AnaisMichael Saylor’s company has seen big losses as Bitcoin falls below $90,000, leaving around 40% of its holdings unprofitable. Recent purchases above current market prices have added nearly $100 million in unrealised losses, putting pressure on the company’s stock and strategy.
WeatherlyA judge ruled that Meta no longer holds monopoly power, ending the FTC’s attempt to force the company to separate Instagram and WhatsApp. The case collapsed mainly because TikTok and YouTube now offer strong competition, weakening the claim that Meta dominates social networking.
WeatherlyMalaysia lost over RM4.57 billion (US$1.1 billion) between 2020 and 2025 due to illegal electricity use by crypto miners. Authorities have identified nearly 14,000 premises involved and are cracking down using smart meters, enforcement, and public awareness campaigns.
AnaisSouth Korea’s cryptocurrency tax system, first approved in 2020, is still not ready, with key rules and infrastructure unfinished. Experts warn the January 2027 rollout could be delayed again as political disagreements and technical gaps continue.
WeatherlyWilliam Lonergan Hill, co-founder of Samourai Wallet, has been sentenced to four years in prison for running an unlicensed crypto service used in criminal transactions. His co-founder received five years, and authorities are emphasising consequences for illegal activity linked to privacy-focused crypto tools.
AnaisThe US has approved the export of Nvidia’s advanced AI chips to the UAE and Saudi Arabia, allowing each country to acquire up to 35,000 units. The chips will go to G42 and Humain under strict security rules, supporting the Gulf nations’ growing AI projects and partnerships.
WeatherlyWarner Music ended its dispute with Udio and agreed to build a licensed AI music platform together. Suno, meanwhile, raised $250 million and hit a $2.45 billion valuation while still facing lawsuits from major record labels.
AnaisRipple is considering adding staking to the XRP Ledger to reward participants and improve network security. The plan would change how transaction fees are used and could expand XRP’s role in DeFi, though it requires major technical updates.
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