Fridges Hacked, Food Ruined, Fires Sparked: Frances Strangest Hack Yet

Hackers just turned French supermarket freezers into ovens.  This week, attackers took over the software that controls refrigeration at hundreds of stores across France. They pushed temperatures up to 50°C, which is desert-heatwave territory inside a frozen food aisle.  The damage:  Sponsored  SponsoredHundreds of stores hit.Carrefour said 80 of its stores were affected. Intermarché owner Les Mousquetaires reported around 150.Millions of euros in food spoiled.Fresh and frozen stock was ruined.Fires broke out.According to Reuters, the incident also triggered fires at several stores.  Prime Minister Sébastien Lecornu has instructed Frances National Cybersecurity Agency (ANSSI) to investigate, a person in his office said.  Follow us on X to get the latest news as it happens  France Isnt Alone: Japan and South Korea Are Under Fire Too  The freezer attack is the strangest in a string of cyberattacks over the past few weeks. Asia has been hit hardest.  Sponsored  Sponsored  Japan: “A state of emergency in cyberspace”More than 20 major companies disclosed cyberattacks in recent weeks, the Financial Times reported.Masaaki Taira, who heads the ruling Liberal Democratic Partys cybersecurity strategy headquarters, called it a state of emergency in cyberspace.Reuters, citing TrendAI data, reported that Japan logged more cyber incidents in the first nine months of 2026 than in all of 2025.  South Korea: Banks breached,

2 دن پہلےانڈسٹری

Strategy spent nearly nine times as much on STRC buybacks as Bitcoin last week

Strategy (formerly MicroStrategy) bought 250 Bitcoin for $21.5 million last week while spending $192.4 million to repurchase its STRC preferred shares.  Related Asset Bitcoin #1 BTC · $83,172.52 24-hour change: down 0.30% Loading price history… 24H Down 0.30% 7D Down 3.46% 30D Up 8.53%  On Oct. 12, the Michael Saylor-founded company disclosed that it acquired just 250 Bitcoin for about $21.5 million between Oct. 5 and Oct. 11, extending a slowdown that saw purchases fall to 334 BTC the previous week.  Meanwhile, Strategy repurchased 1,932,145 shares of its variable-rate STRC preferred stock for $192.4 million, nearly nine times its Bitcoin spending, as the company continued its STRC buybacks.  Related Company Strategy Business intelligence software  The spending gap highlights the competing demands on Strategys capital: Bitcoin accumulation and support for its preferred securities.  STRC buybacks consume more capital  The latest acquisition lifted Strategys holdings to 848,250 BTC, purchased for approximately $64 billion at an average price of $75,444 per coin.  Strategy paid an average of roughly $86,194 for its latest Bitcoin purchases, compared with $85,839 for the 334 BTC acquired during the previous reporting period.  The slowdown comes as Bitcoin struggles to sustain its recovery after last weeks market downturn briefly pushed the cryptocurrency toward $80,000.  However, Strategys preferred-stock repurchases have

2 دن پہلےانڈسٹری

Blur is shutting down its website, so why are NFT collectors cheering?

Nonfungible token marketplace Blur, which once overtook OpenSea as the largest NFT marketplace by trading volume, says it is shutting down its website next month — and some NFT collectors couldnt be happier.  Blur made the announcement on X on Monday, its first post on the platform in more than a year. It said the frontend will shut down on Nov. 12, while its onchain marketplace will remain operational.  Blend, a peer-to-peer perpetual NFT lending protocol, will also stop matching new loans. Blur said borrowers have until Nov. 12 to repay outstanding loans or allow them to default. It also promised a withdrawal interface after the shutdown.  “Good riddance. You destroyed NFTs. Please shut down and never come back,” said NFT collector Cryptobscure in a reply to the post on X.  “You may not have been able to complete your mission to destroy NFTs. But you acted with extreme determination and tried everything. Congratulations to us for surviving you,” NFT collector starfruit said in another post.  The post renewed criticism of the strategy that helped Blur reach the top of the NFT charts in 2023: optional creator royalties and token rewards that encouraged traders to bid and flip NFTs. Its rise accelerated a shift toward

2 دن پہلےانڈسٹری

Metaplanet to issue $329M convertible bonds to pay debt, fund share buybacks

Metaplanet will issue 52 billion yen ($329 million) in zero-coupon, euro-yen convertible bonds due in 2031.  Japanese investment and Bitcoin treasury company plans to use about 23.6 billion yen ($149 million) of the net proceeds to repay Bitcoin-collateralized loans and about 28.3 billion yen ($179 million) for share buybacks, according to a Tuesday announcement.  The buybacks are part of Metaplanets new share repurchasing program, which targets up to 60 billion yen ($380 million) in total buybacks.  The proceeds seek to improve the treasury companys debt structure by reducing its reliance on Bitcoin-collateralized loans without selling any Bitcoin (BTC) holdings. Metaplanet ranks as the second-largest Bitcoin treasury firm, with 44,000 BTC in total holdings, worth $3.6 billion, according to BitcoinTreasuries.  Metaplanets share price closed 1.5% lower in Tokyo on Tuesday, adding to its 52.6% 12-month slide, according to Yahoo Finance.  Earlier this month, Metaplanet revealed a revised capital allocation framework proposing to allocate up to 15% of total assets to strategic investments to fund its Bitcoin accumulation and dividend payments.  In September, management drew shareholder criticism for expanding Metaplanets Series 10 executive stock option pool almost sevenfold. On Sept. 11, the Tokyo-based company shared plans to cut the stock pool by 41% by reducing the number of

2 دن پہلےانڈسٹری

‘Leave’: Crypto Backlash Over French Proposal to Report Wallets Over $112K

In briefFrench lawmakers have pushed a proposal that will require crypto holders to report holdings equal to or above €100,000 ($112,000), or otherwise face a penalty.Some crypto holders have spoken out about the planned rule, claiming that it threatens security.It comes after several crypto-related “wrench attacks,” robberies, and kidnappings have taken place in France in recent years.  Lawmakers in France have advanced a proposal that will require crypto holders to report holdings equal to or above €100,000 ($112,000). Otherwise, individuals will face fines up to €10,000 ($11,000).  Some crypto holders are in an uproar over the potential new rule, claiming that it threatens personal security. It comes after several high-profile, in-person crypto robberies have taken place in France.  “This is a terrible idea as corrupt employees in the French tax authority have has already shown themselves to a danger to their own citizens,” Harry Halpin, CEO of privacy infrastructure Nym, told Decrypt, referencing a recent case in which a French tax agent was accused of selling data from the French tax authority to criminals.  France should be “held accountable” to victims of crypto kidnappings, Halpin continued. “In the future, criminals will use chain analytics and other AI surveillance,” he said, adding that, “The only

2 دن پہلےانڈسٹری

Ethereum News: Blur Website and Blend Loans End Nov. 12

In Ethereum news today, Blur will close its website on November 12, 2026, and stop arranging new loans through Blend, while its Ethereum marketplace contracts remain operational on-chain.  Monthly trading volume fell from about $1.43Bn in March 2023 to less than $7M in March 2026, a decline of more than 99.5%, according to X user @StarPlatinum.  This is not a complete protocol shutdown. The official interface is being withdrawn, but marketplace contracts will continue to operate, leaving open the possibility that other interfaces can connect to them.  The downfall of Blur explained:  March 2022:  – raises $11M in seed funding  – plans to challenge OpenSea  – focuses on professional NFT traders  October 19, 2022:  – Blur marketplace launches  – zero marketplace fees  – faster trading interface  – bulk NFT purchases and listings  Ethereum News: What the November 12 Closure Means for Blend  Blurs website will close on November 12, the same date that Blend will stop matching new loans. Borrowers have until then to repay outstanding loans or allow them to default under the applicable protocol rules. Blur said it plans to provide a separate tool after the deadline for users to withdraw assets from Blend.  The distinction matters: continued operation of the marketplace contracts does not mean that every Blur feature, or Blends new

2 دن پہلےانڈسٹری

Ledger details LTE-enabled spy implants in wallets sold by CryptoBilis

Malicious implants in Ledger wallets sold by CryptoBilis captured users recovery phrases from device screens and transmitted them over cellular networks, the French hardware wallet maker said.  Ledger Donjon, the companys security research team, found that the implants used a microcontroller to decode the 24-word phrases displayed during setup and transmitted the data over LTE networks using an embedded SIM (eSIM), according to a Tuesday X post by Ledger.  The implants did not compromise the devices security chips or alter transactions, Ledger said.  The incident surfaced Friday after crypto losses were reported involving Ledger devices sold through CryptoBilis, a reseller listed as authorized in Indonesia, Malaysia and the Philippines.  Ledger confirmed Saturday that one affected device contained an unauthorized implant. Blockchain investigator Specter said losses could exceed $86 million, while cybersecurity outlet Yfarmx raised its own estimate to $103 million. Ledger hasnt confirmed the total.  Ledger says it has sold more than 8 million hardware wallets, devices that keep users private keys offline and let them approve transactions on-device.  Ledger probes implants beyond CryptoBilis  Ledger urged users who suspect tampering to contact its support team and file a police report.  Ledger directed concerned customers who bought devices elsewhere to an inspection guide, which warns that opening a device

2 دن پہلےانڈسٹری

Bitcoin hits $84K resistance as Korean tech rout deepens KOSPI losses

Bitcoin (BTC) rebounded toward $84,000 on Tuesday as crypto markets skirted fresh losses for South Korean stock markets.  Key points:Bitcoin diverged from plummeting Asian tech stocks on Tuesday, rebounding from a low near $81,000.Semiconductors led an exodus from South Korea‘s KOSPI amid ongoing investors’ nerves over AI and Chinese competition.BTC price upside was capped at $84,000 by a wall of resistance on exchange order books.  South Koreas KOSPI loses 200-day trend line as panic returns  Data from TradingView showed BTC/USD up more than 2.5% on Tuesday, reaching $83,944 on Bitstamp to retrace Mondays drop.  BTC/USD one-hour chart. Source: Cointelegraph/TradingView  The gains came as a fresh tech sell-off gathered pace on South Koreas KOSPI Composite Index, which extended its losses for the week to 7.4%. The index fell below its 200-day moving average for the first time since late July.  KOSPI Composite Index one-day chart with 200-day moving average. Source: Cointelegraph/TradingView  Semiconductor stocks came under particular pressure, with SK Hynix closing more than 10% lower, while the rout compounded existing problems for Samsung after it reported lower-than-expected Q3 earnings last week. Foreign investors sold around 173 trillion won ($129 billion) worth of SK Hynix and Samsung shares since the start of 2026, accounting for the vast majority of

2 دن پہلےانڈسٹری

South Korea clears way for courts to seize and sell Bitcoin for unpaid debts under new November rules

South Korea has established procedures for courts to seize and sell debtors cryptocurrency to satisfy civil claims.  Related Asset Bitcoin #1 BTC · $83,499.58 24-hour change: up 0.07% Loading price history… 24H Up 0.07% 7D Down 2.91% 30D Up 8.80%  On Oct. 12, the Supreme Court promulgated Rule 3280, introducing standardized procedures for freezing, transferring, and liquidating digital assets to recover unpaid debts. The regulations take effect on Nov. 1 and cover cryptocurrencies held on exchanges and in private wallets.  One provision allows court officers to take possession of directly held crypto before debtors receive formal notice of an attachment order, potentially limiting opportunities to move assets beyond creditors reach.  The changes come as cryptocurrency holdings increasingly feature in South Korean debt-recovery proceedings, prompting authorities to establish consistent procedures for assets that can be transferred rapidly without relying on traditional financial intermediaries.  Crypto exchanges face new obligations under debt-recovery rules  Under the framework, creditors seeking repayment from cryptocurrency held on exchanges can obtain court orders attaching a debtors right to receive those assets.  Once an attachment order is served, the exchange or other custodian must prevent the transfer of covered assets to the debtor, who is also prohibited from disposing of the claim or receiving the cryptocurrency.  Creditors

2 دن پہلےانڈسٹری

Metaplanet seeks $340M to repay Bitcoin loans, buy back shares

Japanese Bitcoin treasury company Metaplanet has announced plans to issue ¥52 billion, approximately $340 million, in zero-interest convertible bonds due in 2031, using the funds to repay Bitcoin-backed loans and finance share repurchases.  SummaryMetaplanet plans ¥52 billion in zero-interest convertible bonds maturing in October 2031, its filing confirmed.The company earmarked ¥23.6 billion for debt repayment and up to ¥28.3 billion for buybacks.Metaplanet held 44,000 Bitcoin at Septembers end, according to its latest corporate bond issuance filing.Existing Bitcoin-backed borrowing reached approximately $650 million, exceeding the companys preferred leverage ratio in September.Merrill Lynch International will lead the overseas offering, excluding the United States, with issuance scheduled October.  Metaplanet disclosed the financing plan in an October 13 filing with the Tokyo Stock Exchange, following a decision by CEO Simon Gerovich under authority granted by its board. The company expects to receive approximately ¥51.9 billion in net proceeds, allocating ¥23.6 billion toward debt repayment and up to ¥28.3 billion for share buybacks. The bonds are scheduled for issuance on October 29, 2026.  Metaplanet convertible bonds will fund debt repayment  Under the agreement, Metaplanet will issue unsecured, zero-coupon convertible bonds with a total principal amount of ¥52 billion. The securities mature on October 29, 2031, and carry no periodic

2 دن پہلےانڈسٹری
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