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Apple loses a $5.7 billion patent case involving haptic technology used in iPhones and Apple Watches
Apple (NASDAQ: AAPL) has lost a $5.7 billion patent case tied to the vibration hardware used inside millions of iPhones and Apple Watches. A federal jury in San Diego ruled Friday that Apple infringed parts of two patents owned by Taction Technology. The controversy involves tactile technology that generates physical feedback upon touch on the...Cryptopolitan
Sat, Sep 26
Apple And Nvidia Tokenized Stocks Can Now Back USDC Loans On Aave
TL;DR Aave V4 on Base has launched an Equities Hub accepting seven Coinbase tokenized U.S. stocks as collateral. Eligible non-U.S. users can deposit tokens representing Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla shares to borrow USDC. The tokenized equities are collateral-only at lau...NewsBTC
Sat, Sep 26
Oil crashes back to $92 as U.S.-Iran diplomacy wipes out nearly 8% in a week
Oil took another beating Friday as talks between Iran and the United States returned to the market’s radar. West Texas Intermediate crude sank 2.3% to $92.41 a barrel, pushing its weekly loss to 7.9%. Brent crude also fell 2.1% to $104.32, though the global benchmark finished the full week roughly flat. Iran has put a...Cryptopolitan
Sat, Sep 26
Bitget formally asks THORChain to refuse service to attacker addresses
Bitget CEO Gracy Chen has gone public with the exchange’s request for THORChain to halt transactions linked to the exploit that drained about $387.5 million from its wallets. As Cryptopolitan reported, Circle and Tether already intervened, stopping nearly $318,000 in stablecoin movement related to the hack on Friday, September 25. However, the request to the...Cryptopolitan
Sat, Sep 26
U.S. economy defies 5% bond yields as consumer spending and business activity surge
The U.S. economy keeps expanding while borrowing costs are rallying in a way that seems completely out of control. The rates for US Treasuries rose once again on Friday. The 10-year rate hit 5.230% at one point during the day, its highest level since June 2007. The 30-year rate moved above 5.51%, which is a...Cryptopolitan
Sat, Sep 26
CleanSpark Closes $2.276B Debt Financing As Miner Builds For Its Next Expansion
TL;DR CleanSpark has completed the closing of $2.276 billion in senior secured notes. The Bitcoin miner says proceeds will support data-center expansion and refinancing of existing credit facilities. The financing has closed, making this different from an earlier announcement of a proposed debt rais...NewsBTC
Sat, Sep 26
U.S. and China agree to slash tariffs on $30 billion of each other’s goods after Trump-Xi summit
The United States and China agreed to cut tariffs on $30 billion worth of each other’s goods after Xi Jinping’s three-day visit to Washington. China’s Foreign Ministry announced the reciprocal deal Saturday. It is one of eight provisions in an accord that was reached between Jinping and President Donald Trump. The other provisions include issues...Cryptopolitan
Sat, Sep 26
SEC Clarifies When Crypto Buybacks And Network Upgrades Can Raise Securities Questions
TL;DR SEC staff has published new FAQs explaining how federal securities laws may apply to crypto-asset buybacks, network upgrades and secondary-market activity. The guidance says a buyback can become relevant to an investment-contract analysis when an issuer presents it as a way to create yield or ...NewsBTC
Sat, Sep 26
Apple hit with record $5.7B patent verdict it may never pay
A federal jury in San Diego has ordered Apple to pay $5.7 billion to Taction Technology Inc. after deciding the iPhone maker’s Taptic Engine infringed two of Taction’s haptic patents. The verdict is the largest yet in U.S. patent history. However, Apple’s history of appealing such verdicts suggests the check may never clear. Why does...Cryptopolitan
Sat, Sep 26
Will Kazakhstan's new Bitcoin mining strategy evolve into an AI compute playbook?
The decree that Kazakhstan’s President, Kassym-Jomart Tokayev, signed in July to allow oil producers to run a direct flared gas to off-grid electricity funnel for the country’s buzzing crypto mining industry has raised a recent existential question about whether the more lucrative opportunity of the AI compute sector could hijack that infrastructure. The question becomes...Cryptopolitan
Sat, Sep 26
Bullish And Equiniti Form Coalition For Issuer-Backed Tokenized Stocks
Bullish and Equiniti have created the Issuer Sponsored Token Coalition to develop standards for tokenized public securities. Early participants include Alpaca, Apex Fintech Solutions and DriveWealth. The group wants tokenized stocks to preserve the direct relationship between public companies and th...Bitcoinist
Sat, Sep 26
ShinyHunters resumes large-scale attacks on vulnerable Oracle PeopleSoft systems worldwide
ShinyHunters has restarted a broad attack campaign against Oracle PeopleSoft, getting around defenses that organizations added after earlier breaches this summer. Google’s cybersecurity unit, Mandiant, said Friday that the group is carrying out what it called “mass exploitation” of a PeopleSoft security flaw. The threat intelligence report came days after ShinyHunters said it had stolen...Cryptopolitan
Sat, Sep 26
UK Banks Complete First Live Tokenized Sterling Deposit Payments
Major UK banks have completed the first live customer transactions using tokenized sterling deposits on shared infrastructure. Participants include Barclays, HSBC UK, Lloyds Banking Group, Monzo, Nationwide, NatWest and Santander. The project is using real commercial-bank money and is testing paymen...Bitcoinist
Sat, Sep 26
How to reclaim your rescued NFTs after legacy Magic Eden approval exploit
The site for owners to recover their NFTs has gone live, according to the whitehat that launched the rescue mission to save at-risk NFTs during the security incident where 2024-era Magic Eden users were exposed due to an exploit of Limit Break’s Payment Processor. Part of the conditions for owners to reclaim their NFTs, according...Cryptopolitan
Sat, Sep 26
US prosecutors seek $84.2M tied to Tether-linked accounts
The prosecutors of the government are seeking to confiscate the funds worth $84.2 million that were taken from the accounts of the company that allegedly used the accounts to conduct transactions for Tether. This amount is relatively insignificant compared to the balance sheets of Tether; however, this story reveals a lot about the stablecoin market...Cryptopolitan
Sat, Sep 26
Bitwise And Vise Bring Crypto Model Portfolios To Financial Advisors
Bitwise and Vise have launched diversified crypto model portfolios for financial advisers using the Vise platform. Vise says its network covers more than 135,000 accounts and over $140 billion in platform assets. Crypto allocations can now sit inside the same portfolio-management, rebalancing and ta...Bitcoinist
Sat, Sep 26
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