Crypto-Sec is our bi-weekly round-up of crypto and cybersecurity stories and tips. Phish of the week: Turbo Toad enthusiast loses $3,600. Memecoin collector and X user Tech on Ivan lost over 1 million TURBO, worth over $3,600 at the time, when he became the victim of a phishing attack, according to a post he made on July 11. “I’m completely devastated,” Ivan stated.

Crypto-Sec: Evolve Bank suffers data breach, Turbo Toad enthusiast loses $3.6K

Confidential computing technologies could unlock the next $1 trillion worth of capital for the cryptocurrency ecosystem. More advancements in privacy technologies, like fully homomorphic encryption (FHE), could bring the next trillion into the crypto market, according to Remi Gai, the founder of Inco. Gai told Cointelegraph exclusively, during the FHE...

FHE and confidential computing will unlock $1T in crypto capital

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NewSantaAna

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

FBI warns that Mexican cartels are targeting Americans with timeshare scams

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

California State

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

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The HD Post

CALIFORNIA – Starting July 1, landlords will only be allowed to collect one month’s rent for the security deposit on a rental property. Assembly Bill 12, signed into law last October, says regardless of whether the residential property is unfurnished or furnished, only one month’s rent can be charged in addition to any rent for the first month paid on or before initial occupancy.

Law limiting security deposits goes into effect July 1

A phishing scammer suddenly returned nearly $9.3 million to a victim after stealing $24 million from them in a September 2023 phishing attack. First noticed by Scam Sniffer on July 13, the scammer used the Dai (DAI) stablecoin to return the funds across two transactions last week. The first transfer...

Scammer returns $9.3M in DAI to victim 10 months after phishing them

China says it’s opposed to proposed American investment restrictions on its tech industry — and that it reserves the right to take action against the measures. The country’s commerce ministry said Monday that the U.S. should “stop politicising and weaponising economic and trade issues, and lift investment restrictions on China,” according to Reuters.

China warns the U.S. it's ready to fight back against restrictions on tech investments

New Jersey State

Morristown Minute

NEW JERSEY - Attorney General Matthew J. Platkin and the Division of Consumer Affairs announced today that Walmart has agreed to pay $1.64 million to settle allegations of unlawful unit pricing practices across its 64 New Jersey retail stores. The settlement, which includes a $1.61 million civil penalty, marks the largest ever obtained by the Division’s Office of Weights and Measures (OWM).

Walmart Pays $1.64M Settlement for Unlawful Pricing in NJ

Kentucky State

Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

Plaintiffs in a years-long class-action lawsuit against Tether and Bitfinix filed an amended complaint accusing the companies of manipulating crypto prices through a deceptive scheme involving USDT, Tether’s dollar-backed stablecoin, according to court documents filed in the Southern District of New York. The complaint alleges Tether and Bitfinix “executed...

Plaintiffs amend complaint in Tether lawsuit for alleged USDT scheme

PC Gamer

The move has stumped the scientific community as there's no obvious reason for it.

Multiple governments around the world have secretly agreed to restrict the export of quantum computers

Illinois State

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

Every year, new laws that were passed the prior year go into effect on July 1. In 2024, a number of new laws will begin this Monday. Among them include higher wages for tipped employees, a gas tax increase, and driver's licenses for undocumented immigrants.

New Laws July 1: Driver's Licenses for Undocumented Migrants, Raises for Tipped Workers, and More

Fortune

Third Space CEO’s worst investment? “A handful of startups that have gone bust…”

Third Space’s CEO follows an 80/20 rule for eating out, competes in triathlons at 54-years-old and made startup investments he regrets

Business Insider

Supreet Kaur said that companies' expectations around the experience needed to land an AI job changed in the last two years.

She interviewed for 15 AI roles before landing a Microsoft offer. It made her realize how the job market has changed.

Pennsylvania State

Bucks County Beacon

“Who sits there and thinks, with all the needs we have in America, of criminalizing the homeless?” wonders Pastor Robert Brown of Bristol’s Bible Evangelical Methodist Church after learning that the United States Supreme Court approved punishing those experiencing homelessness who have nowhere to sleep.

After SCOTUS OK’s Criminalization of Homelessness, Pennsylvania Democrats Plan Legislative Response to Protect Rights of the Unhoused

Alameda Post

California regulators just stopped AT&T from pulling the plug. California’s Public Utilities Commission on June 20 rejected AT&T’s application to stop providing landlines and other services in areas where there is no other option.

Still Need Your Landline?

The Shy Green

Unexpected Bankruptcy Looms for LL Flooring Amid Economic Challenges. In a surprising turn of events, LL Flooring, a major player in the U.S. hardwood flooring market, is reportedly teetering on the edge of filing for Chapter 11 bankruptcy. This news has sent shockwaves through the retail industry, given the company's prominent position and widespread presence across 47 states.

A store that sells tools and home supplies is suddenly going bankrupt

Axios

Kaspersky Lab said Monday it will start winding down its U.S. operations and lay off U.S.-based employees next month following a recent Commerce Department ban. Why it matters: Shuttering Kaspersky's U.S. office marks the end of a years-long fight between the Russian antivirus maker and the U.S. government. At one...

Kaspersky Lab shutting down U.S. operations

Josue Torres

California Governor Gavin Newsom announced this week that in a significant move to alleviate the financial burden on residents, the state has cleared water and wastewater utility bills for 4 million Californians.

California forgives water utility bills for 4 million residents

NewsBreak

AT&T should’ve stored their data on the blockchain, exec argues

A Web3 executive believes that the data breach that multinational telecommunications company AT&T may have been avoided if they stored their data within the blockchain. On...

AT&T should’ve stored their data on the blockchain, exec argues

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