• Coinbase Hackers, Rotatin

    From Mike Powell@1:2320/105 to All on Friday, May 16, 2025 08:46:00
    From TLDR 2025-05-16

    COINBASE SAYS HACKERS BRIBED STAFF TO STEAL CUSTOMER DATA AND ARE
    DEMANDING $20 MILLION RANSOM (3 MINUTE READ) [6]

    Coinbase customer data was recently stolen by cybercriminals using
    social engineering techniques. The incident may cost the company up to
    $400 million to fix. The data stolen includes names, addresses, phone
    numbers, emails, masked bank account numbers and identifiers, the last
    four digits of Social Security numbers, government ID images, and
    account balances. The attackers demanded a $20 million ransom, but
    Coinbase said it would not pay. It instead offered a $20 million
    reward fund for information leading to the arrest and conviction of
    the criminals responsible for the attack.

    A GENE-EDITING BREAKTHROUGH SAVES INFANT WITH RARE DISEASE (3 MINUTE
    READ) [7]

    An infant in Philadelphia has been successfully treated with a
    customized CRISPR gene-editing therapy for a rare and deadly disease.
    The infant lacked an enzyme in his liver that normally converts
    ammonia to urea. This caused ammonia to build up and damage organs in
    the body. Before the treatment, the infant was in the eighth or ninth percentile for weight - after, he is now in the 35th to 40th
    percentile. The infant still needs medication, but now needs less. His treatment could potentially be used as a template for creating
    individualized treatments quickly for other patients with rare
    diseases.

    FOR THE FIRST TIME IN THE US, A ROTATING DETONATION ROCKET ENGINE
    TAKES FLIGHT (3 MINUTE READ) [8]

    Venus Aerospace has completed a short flight test of its rotating
    detonation rocket engine. The concept has been discussed academically
    for decades and has previously been tested in a handful of countries,
    but this is believed to be the first US-based flight test of the idea.
    The technology makes traversing the globe in under two hours possible.
    Venus still has a long way to go before it can provide highly
    efficient hypersonic commercial flight, but the flight test proves
    that such a future is at least possible.

    META IS DELAYING THE ROLLOUT OF ITS FLAGSHIP AI MODEL (4 MINUTE READ) [11]

    Meta's engineers are struggling to significantly improve the
    capabilities of the company's 'Behemoth' large language model. The
    model was intentionally slated for an April release, but this has now
    been delayed to fall or later. Staff are concerned that the model's
    performance won't match public statements about its capabilities. The
    company is contemplating significant management changes to its AI
    product group.

    MICROSOFT'S CEO ON HOW AI WILL REMAKE EVERY COMPANY, INCLUDING HIS
    (33 MINUTE READ) [12]

    AI is rapidly commoditizing, and this is a good thing for Microsoft.
    CEO Satya Nadella believes that as AI becomes more accessible and its
    usage becomes more efficient, consumption will increase. The company
    has created its own AI architectures to prepare for this future.
    Microsoft's investment into AI projects will likely generate trillions
    of dollars in economic activity.

    MONTANA BECOMES THE RIGHT TO TRY ANYTHING STATE, EXPANDING ACCESS TO EXPERIMENTAL DRUGS (2 MINUTE READ) [13]

    A new bill in Montana permits clinics and doctors to sell and provide
    nearly any experimental drug to potential patients.


    Links:
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    [6] https://www.cnbc.com/2025/05/15/coinbase-says-hackers-bribed-staff-to-steal -customer-data-and-are-demanding-20-million-ransom.html?utm_source=tldrnewslett er
    [7] https://links.tldrnewsletter.com/Jb2gFL
    [8] https://arstechnica.com/space/2025/05/venus-aerospace-flies-its-rotating-de tonation-rocket-engine-for-the-first-time/?utm_source=tldrnewsletter
    [11] https://links.tldrnewsletter.com/4wTiUU
    [12] https://www.bloomberg.com/news/features/2025-05-15/microsoft-ceo-satya-nad ella-on-his-ai-efforts-and-openai-partnership?accessToken=eyJhbGciOiJIUzI1NiIsI nR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc0NzM 1OTAyNSwiZXhwIjoxNzQ3OTYzODI1LCJhcnRpY2xlSWQiOiJTV0JNQ1FUMEFGQjQwMCIsImJjb25uZW N0SWQiOiJFQTExNDNDNTM4NEE0RUY5QTg5RjJEN0IxMTg2MzcwOSJ9.pd-gO9z_5c9MAteiNuEpGoxu KUNhOiaMyzyLrsklogI&utm_source=tldrnewsletter
    [13] https://gizmodo.com/montana-becomes-the-right-to-try-anything-state-expand ing-access-to-experimental-drugs-2000602189?utm_source=tldrnewsletter
    [14] https://blog.pragmaticengineer.com/stack-overflow-is-almost-dead/?utm_sour ce=tldrnewsletter

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