Microsoft Discovers Cryptocurrency Stealer That Spreads Through USB Drives and Uses Tor
Ars Technica’s senior security editor reports:
Microsoft says it has detected new self-propagating malware that spreads through USB drives in search of cryptocurrency credentials, which it then sends to attacker-controlled servers.
The company named the worm Crypto Clipper because it monitors the cont … ⌘ Read more
AF_ALG Deprecation Approved For Linux 7.2, Useless & Insecure Crypto Driver Code Removed
The cryptographic subsystem updates have been merged for the ongoing Linux 7.2 kernel merge window… ⌘ Read more
Binance Set To Lose Permission To Operate In EU
Binance is expected to lose permission to serve EU customers in July after Greek regulators reportedly decided to reject its MiCA license application. Reuters reports: Under new EU rules, called MiCA, crypto firms have until the end of June to obtain a licence to allow them to keep servicing clients across the bloc. Binance’s application, made to Greece’s market regulator, is set … ⌘ Read more
Users Cry Foul After AMD Stripped Memory Crypto From Its Consumer CPUs
An anonymous reader quotes a report from Ars Technica: A decade ago, AMD added a protection to its high-end CPUs to protect them against cold boot attacks and other types of physical exploits that siphon sensitive data out of the connected memory chips. Short for Transparent Secure Memory Encryption, TSME encrypts the entire conten … ⌘ Read more
Sam Bankman-Fried Loses Bid To Overturn Crypto Fraud Conviction
Sam Bankman-Fried lost his appeal to overturn his FTX fraud conviction and 25-year sentence. Reuters reports: In a unanimous decision, a three-judge panel of the Manhattan-based 2nd U.S. Circuit Court of Appeals said prosecutors’ evidence against Bankman-Fried “was, conservatively stated, robust.” “While he was publicly reassuring customers, investo … ⌘ Read more
Crypto Guys Bought the Answer to the CIA’s Mysterious Kryptos Sculpture
They swear they haven’t peeked at the closely guarded secret and that they’ll keep the cryptographic competition going. ⌘ Read more
Coinbase Launches Tool To Let AI Agents Manage Trading and Payments
Coinbase has launched Coinbase for Agents, a tool that lets AI agents like ChatGPT or Claude execute crypto trades and manage payments on a user’s behalf. “For example, customers can prompt their agent to rebalance portfolios, identify trading opportunities, execute strategies and manage positions over time,” reports CNBC. “It will eventually ex … ⌘ Read more
Americans Are Trading Billions of Dollars on Polymarket’s Banned Offshore Platform
It’s the first estimate of how many Americans are sneaking onto Polymarket’s banned crypto-based platform. ⌘ Read more
The controversial deal feeding the Trump family’s biggest money-maker
The Trump family’s foray into the world of crypto has been lucrative, but has attracted a lot of scrutiny. One agreement in particular stands out. ⌘ Read more
Security updates for Monday
Security updates have been issued by AlmaLinux (bind, bind9.16, frr, kernel, kernel-rt, libexif, mysql, php, and unbound), Debian (apache2, chromium, glibc, gsasl, jackson-core, libxml2, nginx, request-tracker4, request-tracker5, tomcat10, tomcat11, and tomcat9), Fedora (chromium, firefox, haveged, keylime, libinput, libssh2, nasm, perl-CryptX, rust, thunderbird, and webkitgtk), Mageia (cockpit, golang-x-crypto, golang-x-sys-devel, kernel, kmod-virtualbox, kmod-xtables-addons, kernel-linus, … ⌘ Read more
Afroman Is Back—and He’s Bitcoin’s Latest Freedom Fighter
Earlier this year, the “Because I Got High” rapper went viral for winning a case against the cops. Now he’s crypto’s free-speech hero, even though he isn’t quite sure how the digital currency works. ⌘ Read more
Texas Grid Flags Risks As Data Centers, Crypto Sites Fail Voltage Tests
Reuters reports:
Several large data centers and crypto facilities planning to connect to the Texas power grid ahead of peak summer demand have failed key reliability tests, raising the risk of power outages just as electricity use hits its seasonal high, according to the state grid operator… Unlike traditional industrial custom … ⌘ Read more
Texas grid flags risks as data centers, crypto sites fail voltage tests
Article URL: https://www.reuters.com/business/energy/texas-grid-flags-risks-data-centers-crypto-sites-fail-voltage-tests-2026-06-05/
Comments URL: https://news.ycombinator.com/item?id=48440610
Points: 10
# … ⌘ Read more
Criticisms Rise Before Vote on America’s Cryptocurrency ‘Clarity Act’
An upcoming vote in a few weeks on America’s cryptocurrency “Clarity Act” is “rattling Wall Street and consumer advocates,” reports CNN, with its proposal to regulate the bulk of crypto markets through America’s Commodity Futures Trading Commission. “It allows crypto companies to operate, at long last, in compliance with U.S. rules, rather … ⌘ Read more
Crypto-Funded Chinese Peptide Labs Are Booming
Plus: Hackers use Meta’s AI bots to hack Instagram accounts, Anthropic helps NSA hackers, a decades-long GPS satellite mystery may have been solved, and more. ⌘ Read more
Bitcoin Falls To $60,000 As Zcash Bug Rocks Crypto
Bitcoin briefly fell below $60,000 on Friday, “extending its weekly loss to nearly 20% and threatening to fall below $59,000,” reports CoinDesk. Crypto was also hit by a 40%-plus plunge in Zcash after Shielded Labs disclosed a years-old bug that could have allowed undetected counterfeit ZEC creation. From the report: Now, with stocks in plunge mode – the Nasdaq down nearly 4% o … ⌘ Read more
[$] LWN.net Weekly Edition for June 4, 2026
Inside this week’s LWN.net Weekly Edition:
Front: MeshCore; x32 ABI; Open-source security; Package-manager metadata; More LSFMM+BPF coverage; Loadable crypto module.
Briefs: Lightwell; jqwik protestware; RedHat package compromise; DistroWatch; Fedora election; Rust 1.96.0; rsync; Vim Classic 8.3; Quotes; …
Announcements: Newsletters, conferences, security updates, patch … ⌘ Read more
[$] A loadable crypto module for FIPS certification
Many organizations require US Federal Information Processing Standard (FIPS)
certification of the crypto code they are running. The certification
process is lengthy, but the bigger problem is that the way the crypto
subsystem is built into the kernel makes the result unable to be reused
across kernel updates. I have proposed a patch\
series tha … ⌘ Read more
Linux AF_ALG Crypto Code Removing Zero-Copy Support Out Of Security Concerns
Given all the recent Linux kernel security concerns and new bugs being discovered, the Linux cryptographic subsystem is proactively dropping zero-copy functionality from AF_ALG due to growing security concerns… ⌘ Read more
So apparently this is the default when making a new Matrix account, which makes me wonder why we’re even doing this whole crypto dance in the first place … ?
Morgan Stanley Undercuts Rivals On Pricing In Crypto Trading Debut
Morgan Stanley is adding crypto trading to E*Trade, with a pilot now underway and a broader rollout planned for the platform’s 8.6 million customers later this year. The bank is reportedly undercutting rivals with a 50-basis-point trading fee as it bets traditional finance and DeFi will converge.
“By contrast, Robinhood Markets’ (HOOD) fees … ⌘ Read more
Stop Trying to Unmask Satoshi Nakamoto
On this week’s Big Interview podcast, actor-director Ben McKenzie talks about the rise of crypto, why he finds it dangerous, and why it benefits from having a mysterious creator. ⌘ Read more
Billionaire Backer Sues Trump Family’s Crypto Firm Over Alleged Extortion
Ancient Slashdot reader Alain Williams shares a report from the BBC: The Trump family’s World Liberty crypto venture is being sued by one of its billionaire backers over allegations of extortion. Justin Sun has accused World Liberty of an “illegal scheme” to seize his WLFI tokens, a cryptocurrency issued by the company. Sun allege … ⌘ Read more
Intel QAT Zstd, QAT Gen6 Improvements Merged For Linux 7.1
In addition to the notable libcrypto optimizations and improvements merged during this first week of the Linux 7.1 merge window, the main cryptography subsystem pull was also merged. Notable here are the Intel QuickAssist (QAT) improvements… ⌘ Read more
Linux 7.1 Crypto Code Rework Enables More Optimizations By Default
Linux libcrypto cryptography subsystem changes for the v7.1 kernel are enabling more optimizations by default and in turn helping to achieve better crypto/hashing performance on this next kernel version… ⌘ Read more
OpenSSL 4.0 Released With Encrypted Client Hello, RFC 8998 Support
OpenSSL 4.0 was just released as a big update for this widely-used SSL/TLS and crypto library… ⌘ Read more
Crypto Billionaire Pardoned In Prison By Trump Just Wrote a Memoir
Forbes estimates he’s worth roughly $110 billion, “placing him ahead of Bill Gates.”
And now Changpeng Zhao, the 49-year-old billionaire founder of Binance, “has written a memoir…”
It arrives with the unmistakable timing of a man determined to tell the world his version of his meteoric crypto rise and fall, and foreshadow his comeback. Th … ⌘ Read more
Major Australian crypto company CEO out, jobs cut as bitcoin rout bites
Swyftx, which has sponsored the Brisbane Lions, NRL and Big Bash League, is facing a major slump in Bitcoin prices despite the Trump family’s enthusiasm for crypto. ⌘ Read more
New Revelations Reignite Crypto Scandal Involving Argentina’s President Milei
An anonymous reader quotes a report from the New York Times: President Javier Milei of Argentina promoted a cryptocurrency last year that quickly skyrocketed in value then cratered just as fast, costing investors millions of dollars and setting off a scandal and an investigation. Mr. Milei said he was simply highlighting a … ⌘ Read more
iPhone Exploit DarkSword Steals Data In Minutes With No Trace
BrianFagioli writes: A new iOS exploit chain called DarkSword shows how attackers can break into certain iPhones, grab sensitive data like messages, credentials, and even crypto wallets, and then disappear without leaving obvious traces. It targets older iOS 18 builds using Safari and WebGPU flaws to escape Apple’s sandbox, which is pretty wild on its … ⌘ Read more
Binance Sues WSJ, Panicked By Gov’t Probes Into Sanctioned Crypto Transfers
An anonymous reader quotes a report from Ars Technica: Binance is hoping that suing (PDF) The Wall Street Journal for defamation might help shake off a fresh round of government probes into how the cryptocurrency exchange failed to detect $1.7 billion in transfers to a network that was funding Iran-backed terror groups. The laws … ⌘ Read more
The curious case of the AI bot that went rogue and started mining crypto
Cryptocurrency has been mined in many strange places, like a school district and professional e-sports team. Now it’s appeared in a new, troubling place. ⌘ Read more
A Possible US Government iPhone-Hacking Toolkit Is Now In the Hands of Foreign Spies, Criminals
Security researchers say a highly sophisticated iPhone exploitation toolkit dubbed “Coruna,” which possibly originated from a U.S. government contractor, has spread from suspected Russian espionage operations to crypto-stealing criminal campaigns. Apple has patched the exploited vulner … ⌘ Read more
South Korean Police Lose Seized Crypto By Posting Password Online
South Korean tax authorities lost millions in seized cryptocurrency after publishing high-res photos of Ledger hardware wallets that clearly displayed the wallets’ seed phrases, allowing an unknown party to drain the funds. Gizmodo reports: South Korea’s National Tax Service seized crypto assets during recent enforcement actions against 124 high-val … ⌘ Read more
Bullet dodged: Aussie investors spared as US crypto giant freezes funds
A planned crypto fund with Australian links quietly failed to launch, shielding local investors from the fallout of the BlockFills withdrawal freeze. ⌘ Read more
Sam Bankman-Fried Requests New Trial in FTX Crypto Fraud Case
While serving his 25-year prison sentence, “convicted former cryptocurrency mogul Sam Bankman-Fried on Tuesday requested a new federal trial,” reports Courthouse News, “based on what he says is newly discovered evidence concerning his company’s solvency and its ability to repay all FTX customers for what prosecutors portrayed as the looting of $8 billio … ⌘ Read more
Fake Job Recruiters Hid Malware In Developer Coding Challenges
“A new variation of the fake recruiter campaign from North Korean threat actors is targeting JavaScript and Python developers with cryptocurrency-related tasks,” reports the Register.
Researchers at software supply-chain security company ReversingLabs say that the threat actor creates fake companies in the blockchain and crypto-trading sectors and publ … ⌘ Read more
Linux 7.0 Lands ML-DSA Quantum-Resistant Signature Support
Adding to the exciting features for the big Linux 7.0 kernel release is support for the Module-Lattice-Based Digital Signature Algorithm “ML-DSA” quantum-resistant signature algorithm… ⌘ Read more
A Bitcoin Blunder for the Ages: $40 Billion Accidentally Given Away
An anonymous reader shares a report: The hundreds of prize payouts were mostly just a few bucks each, part of a promotional campaign by a South Korean cryptocurrency exchange. The total reward pot: 620,000 Korean won, or about $425. Then came a colossal mistake. A staffer for Bithumb, South Korea’s No. 2 crypto exchange, didn’t distribute 620,000 … ⌘ Read more
AI.com Sells for $70 Million, the Highest Price Ever Disclosed for a Domain Name
Kris Marszalek, the co-founder and CEO of cryptocurrency exchange Crypto.com, has paid $70 million for the domain AI.com – the highest price ever publicly disclosed for a website name, according to the deal’s broker Larry Fischer of GetYourDomain.com.
The entire sum was paid in cryptocurrency to an undisclosed seller … ⌘ Read more
Why This Is the Worst Crypto Winter Ever
Bitcoin has fallen roughly 44% from its October peak, and while the drawdown isn’t crypto’s deepest ever on a percentage basis, Bloomberg’s Odd Lots newsletter lays out a case that this is the industry’s worst winter yet. The macro backdrop was supposed to favor Bitcoin: public confidence in the dollar is shaky, the Trump administration has been crypto-friendly, and fiat currencies are under perceiv … ⌘ Read more
Morts de cryptos : renforcement du Bitcoin
Un article de Henry Bonner Une statistique sur le sort de la majorité des crypto-monnaies permet de rapeller les dangers de pertes dans les cryptos. En effet, les nouvelles cryptos créent parfois beaucoup de gains, surtout pour les créateurs des jetons, et prêtent le flanc à des arnaques. Ainsi, BFM explique : “2025 restera une année […] ⌘ Read more
Crypto News Outlet Cointelegraph Loses 80% of Traffic After Google Penalty For Parasitic Blackhat SEO Deal
Cointelegraph, once one of the most-visited cryptocurrency news sites, has seen its monthly traffic plummet from roughly 8 million visits to 1.4 million – an 80% drop in three months – after Google issued a manual penalty in October 2025 for the outlet’s partnersh … ⌘ Read more
53% of Crypto Tokens Launched Since 2021 Have Failed, Most in 2025
=[
”More than half of all cryptocurrencies ever launched are now defunct,” reports CoinDesk, citing a new analysis by cryptocurrency data aggregator CoinGecko.
And most of those failures occurred in 2025:
The study looked at token listings on GeckoTerminal between mid-2021 and the end of 2025. Of the nearly 20.2 million tokens that entered … ⌘ Read more
Fintech Firm Betterment Confirms Data Breach After Hackers Send Fake $10,000 Crypto Scam Messages
An anonymous reader quotes a report from The Verge: Betterment, a financial app, sent a sketchy-looking notification on Friday asking users to send $10,000 to Bitcoin and Ethereum crypto wallets and promising to “triple your crypto,” according to a thread on Reddit. The Betterment acco … ⌘ Read more
Iran Offers To Sell Advanced Weapons Systems For Crypto
Iran is offering to sell advanced weapons systems including ballistic missiles, drones and warships to foreign governments for cryptocurrency, in a bid to use digital assets to bypass western financial controls. From a report: Iran’s Ministry of Defence Export Center, known as Mindex, says it is prepared to negotiate military contracts that allow payment in digita … ⌘ Read more
Trump’s Social Media Business Is Merging With a Nuclear Fusion Company
Tony Isaac shares a report from CNN: President Donald Trump’s social media and crypto company is making a huge bet on a far different industry – nuclear fusion, a potentially lucrative albeit commercially unproven energy technology that could help power a suddenly electricity-starved economy. Trump Media and Technology Group Thursday … ⌘ Read more
China, Iran Are Having a Field Day With React2Shell, Google Warns
A critical React vulnerability (CVE-2025-55182) is being actively exploited at scale by Chinese, Iranian, North Korean, and criminal groups to gain remote code execution, deploy backdoors, and mine crypto. The Register reports: React maintainers disclosed the critical bug on December 3, and exploitation began almost immediately. According to Amazon … ⌘ Read more
JPMorgan Steps Further Into Crypto With Tokenized Money Fund
An anonymous reader quotes a report from the Wall Street Journal: JPMorgan Chase is joining the list of traditional financial firms seeking to bring blockchain technology to an investing staple: the money-market fund. The banking giant’s $4 trillion asset-management arm is rolling out its first tokenized money-market fund on the Ethereum blockchain. JPMo … ⌘ Read more
Hollywood Director Found Guilty of Blowing $11 Million Netflix Budget on Crypto and Ferraris
Carl Rinsch, the director behind the 2013 Keanu Reeves film “47 Ronin,” has been found guilty of defrauding Netflix out of $11 million that was meant to fund a science fiction series called “Conquest,” which the streaming company ultimately cancelled in 2021 after Rinsch failed to meet any pro … ⌘ Read more