Avici, a crypto neobank, suffered a $500,859 hack affecting 1,685 users' card balances. The firm and its partner Rain, which manages the card infrastructure, have pledged to fully refund all victims. The vulnerability was due to outdated Solana contracts managed by Rain, but Avici wallets remain safe. This incident raises concerns about the security risks in the crypto card sector, especially given Rain's dominant market position and the growing volume of crypto card transactions.
Vattenfall has contracted Fluence Energy to deliver a 254 MW, 1 GWh battery storage system at the Brunsbüttel site in Germany, set to be operational by the end of 2028. This project, one of Germany's largest battery storage facilities, will enhance g...
Shield appointed Michelle Clark, former HSBC surveillance leader, as Global Communications Surveillance Expert to enhance its AI-driven product strategy. Clark's 20+ years in global banking and expertise in regulatory compliance and AI innovation wil...
Phonak has introduced Roger On Sphere™, the world's first remote microphone using AI to separate speech from background noise in real time. This device enhances communication for people with hearing loss in noisy environments like restaurants and mee...
Southern Company, operating through Georgia Power, Alabama Power, and Mississippi Power, reported a data breach compromising customer personal information including names, addresses, Social Security numbers, and financial details. This breach raises ...
Intel's stock price has almost tripled in 2026, showing strong recent performance. However, a $10,000 investment in Intel made in 2016 would still be worth less than if it had been invested in the S&P 500 index. This highlights that despite recent ga...
