Small Bitcoin holders moved 39,600 BTC ($2.5 billion) on July 31, a rate not seen since the FTX collapse, following news that Coldcard hardware wallets generated guessable keys for five years. This prompted users to shift holdings, likely for safety, though Bitcoin's price remained stable.
Four former Hong Kong warehouse workers have been sentenced to up to seven years in jail for conspiring to steal over 800 unsold Chanel handbags and wallets, valued at HK$8.7 million, from a Tsing Yi warehouse between 2016 and 2017.
Coldcard users face a new wave of coordinated Bitcoin thefts, with Galaxy's Alex Thorn flagging 709 affected addresses and 448.7 BTC moved. This follows a disclosed firmware flaw causing compromised wallet seeds, with total losses now estimated over $90 million.
Coldcard Bitcoin hardware wallet users are facing a new wave of coordinated thefts, with Galaxy research head Alex Thorn reporting 218 transactions impacting 462 addresses and moving 388.9 BTC. This follows the disclosure of a firmware flaw causing less entropy in wallet seeds, leading to an estimated $90 million in Bitcoin stolen from over 1,100 wallets.
UK fuel thefts have surged to an estimated £194,000 daily since the Iran war began, a 48% increase, driven by soaring petrol prices. Incidents are up a fifth, leading to increased abuse at pumps, prompting Forecourt Eye to partner with Facewatch for crime reporting technology.
Galaxy Research reports a third wave of Bitcoin thefts from compromised Coldcard hardware wallets, bringing total losses to $88.6 million across 4,585 addresses. The exploit, linked to a 2021 firmware flaw, is ongoing, with all vulnerable devices expected to be drained, prompting users to move funds.
Pippa, a new AI startup, offers text-to-video generation while aiming to ethically compensate artists whose styles are used. Cofounders Hogan Shrum and Sean Wright believe their model will attract customers, but face skepticism from artists concerned about low payments and the technology's reliance on internet-scraped art.
Independent MP Pappu Yadav, Rahul Gandhi, and Awadhesh Prasad face FIRs in Varanasi and Delhi after a Parliament skit depicted alleged embezzlement of Ayodhya Ram Mandir donations. Yadav remains defiant, stating he is ready to face death to protect people's faith.
MNS chief Raj Thackeray alleged annual donation theft of Rs 18 crore at Mumbai's Siddhivinayak Temple, citing a letter from trustees. Temple Trust chairman Sada Sarvankar confirmed nine arrests and attributed increased donations to new measures.
Major Collin Welch, a National Guard officer, pleaded guilty to stealing $54,000 in government funds and immigration fraud. He secretly married a Mongolian woman, using forged documents and a government travel card to maintain a double life and unlawfully bring her and her daughter to the U.S.
A 68-year-old man suffered life-threatening injuries after being hit by his own car while attempting to prevent its theft in Heidelberg West, Melbourne, on Saturday night. The unknown offender fled the scene in the stolen vehicle, and Victoria Police's investigation is ongoing.
A raid in Malaysia revealed how cryptocurrency mining is increasingly linked to electricity theft and organized crime across Southeast Asia, causing billions in losses for utilities and prompting governments to enhance enforcement and legislation.
A South African court has temporarily halted a parliamentary inquiry into President Cyril Ramaphosa's potential impeachment over the 'Farmgate' scandal. The Western Cape high court's ruling grants Ramaphosa time to challenge an independent panel's findings, which had suggested he might have a case to answer regarding cash stolen from his private farm.
A 56-year-old woman, surnamed Chan, was arrested in Hong Kong's Mong Kok for alleged electricity theft after a fire in her Tung Choi Street flat, believed to be caused by a short circuit, killed three cats and two dogs. Irregularities in the flat's power supply were found.
A 10-year-old girl in Muzaffarnagar died by suicide after her teachers allegedly beat and publicly humiliated her over a suspected ₹10 theft. Police registered an FIR against two teachers, Savita and Rajeev, under BNS Section 107 for abetment of suicide, while the education department launched an internal probe.
Two Indian tourists, Mangroliya Manojkumar Kurjibhai and Serasiya Milan Ramnikbhai, were arrested at Singapore's Changi Airport for stealing a $154,000 diamond from Dianochge Diamonds Jewelry. They swapped the 4.95-carat diamond with a counterfeit gem. Mangroliya was sentenced to over two years in jail.
Federal prosecutors charged 12 individuals in an alleged cargo theft conspiracy that diverted over $2 million worth of Nike shoes from the company's Memphis logistics center between July 2021 and June 2024. Nike employees allegedly used unauthorized UPS labels to redirect shipments to resellers.
China has rapidly closed the AI gap with the US, developing open-source models like Kimi K3 that rival top US systems at lower cost. This advance has prompted US threats of sanctions and bans over alleged IP theft, while China dismisses the claims as "technological bullying."
US officials have escalated accusations that Chinese AI labs are "stealing proprietary US technology" through distillation, a common industry practice. However, AI experts, including Moonshot AI's Randy Xian, have dismissed these claims as "political" and "reckless," arguing that an AI model's output is not copyrighted.
New data from the Metropolitan Police shows a significant drop in neighbourhood crime and homicides in London, with the Mayor attributing success to record police funding and the Violence Reduction Unit. The report aims to counter online disinformation portraying London as a "lawless" city.
The Designers Republic (TDR), founded by Ian Anderson in Sheffield 40 years ago, is celebrated for its influential graphic design work for music acts like Aphex Twin and Pulp, video games, and brands, despite its humble, self-taught beginnings.
Ford Motors and Aramark are reviewing self-service kiosks at US factories after employees were fired over alleged snack theft. Workers claim payment failures and software glitches caused wrongful accusations, leading to some reinstatements and widespread reluctance to use the kiosks.
A White House adviser accused China's Moonshot AI of "large scale" theft of US AI capabilities through "distillation" and accessing restricted Nvidia servers. The allegations intensify US scrutiny of Chinese AI firms amid broader IP theft concerns and upcoming US-China leadership talks.
A Ford employee, Kurt Kromm, was fired over an alleged $1.95 cookie theft from a self-checkout kiosk. He proved payment with bank records, leading Ford to offer reinstatement and back wages, but he now plans to sue for defamation and other claims.
