Legal
Polymarket Loses $3M in Frontend Supply-Chain Attack
Hackers drain $3M from under 15 Polymarket accounts via a compromised frontend vendor, prompting a full reimbursement pledge from the $9B platform.
Latest — Page 3
Legal
Trump Threatens 100% Tariff on Digital Services Tax
Trump's 100% tariff threat explicitly supersedes existing trade deals, with France, Denmark, and Portugal already in the crosshairs.
AI
OpenAI Cuts GPT-5.6 to Trusted Partners at US Request
OpenAI delivered GPT-5.6 to 20 partners while the US government watches the door, and Anthropic's example shows what comes when they don't.
SEC
HUD Cuts FHA Oversight
HUD's five Mortgagee Letters make appraisal field reviews optional and strip lender pattern-review duties, shifting detection risk onto FHA.
SEC
Nacha Expands ACH Fraud Monitoring to All Banks, June 19
Nacha's Phase Two ACH fraud rules are live as of June 22: unauthorized fraud now drives 71% of bank losses, and every RDFI must respond.
Legal
Named: Russian Hackers Behind $2.5B JLR Attack
Nine months after Russian hackers halted production at one of Britain's biggest employers, the £1.5B government bailout bill has a name attached.
Legal
CBZC Busts 4-Member SIM-Swap Crypto Ring
Polish CBZC and FBI arrested four in a SIM-swap crypto theft ring facing 25 years; FBI involvement suggests U.S. victims and federal proceedings.
Legal
Illinois Signs BNPL Law; Providers Get Jan. 2028 Deadline
With 29% of Illinois families using BNPL for groceries, SB 3561 mandates IDFPR registration and capacity-to-repay checks by Jan. 2028.
Deals
Elroy Air Nears $1B SPAC Via Columbus Circle
Elroy Air's cargo drone, built to replace trucks on middle-mile routes, could hit public markets by Friday via a $1B SPAC with Columbus Circle.
SEC
CFPB Rewires Complaint Portal After 3,700% Surge
CFPB's biggest complaint system overhaul since 2011 pushes consumers to exhaust FCRA rights first. Equifax, Experian, and TransUnion quietly win.
AI
Alibaba Mined Claude 28.8M Times, Anthropic Tells Senate
Anthropic's Senate letter names Alibaba in the largest AI distillation attack ever: 28.8M exchanges, 25,000 fake accounts, after Trump's warning.
Legal
Sued: 400 Papers Allege OpenAI Copyright Theft
Former NJ AG's new firm just sued OpenAI and Microsoft on behalf of nearly 400 newspapers, and the DMCA claim may be the sharper weapon.
Legal
FCC Filed NPRM on $2B E-Rate Sunset Risk
Carr's 2-1 vote puts the $2B E-Rate program on a path to sunset or deep cuts, and the congressional-intent argument could next reach Lifeline.
Legal
EU Flags AWS, Azure as Cloud Gatekeepers
For the first time, EU cloud rules could bind AWS and Azure, even though neither company cleared the DMA's standard numeric thresholds.
AI
Cut from Mythos 5, EU Confronts White House on Anthropic
After a Fable 5 jailbreak scare yanked Mythos 5 from ENISA's hands overnight, the EU's top tech official flew to D.C. to get it back.
