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In a stark reminder of the risks in the digital age, AT&T has disclosed a massive data breach exposing the call and text records of tens of millions of its cellphone customers and many non-AT&T customers. The breach, which occurred between May 1, 2022, and October 31, 2022, brings to light critical issues in how and why data is collected and stored, raising questions about the necessity and security of such practices. The Scope of the Breach AT&T’s announcement revealed that the compromised data includes the telephone numbers of “nearly all” of its cellular customers, as well as those of
Coinbase, the largest U.S. crypto exchange, has filed lawsuits against the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) to obtain documents related to their approaches to crypto regulation. Filed on Thursday in a Washington, D.C. district court, these lawsuits aim to uncover what Coinbase describes as a coordinated effort by federal financial regulators to pressure banks into denying crypto firms access to the banking system. A Coinbase spokeswoman stated, “For years, financial regulators – including the SEC, the FDIC, and the Federal Reserve Board – have used every tool at their disposal to try to
In a groundbreaking move, Louisiana has become the fourth state to pass a law defending Bitcoin rights, joining the ranks of Oklahoma, Montana, and Arkansas. The Satoshi Action Fund successfully championed House Bill 488, which Governor Jeff Landry signed into law following bipartisan approval from both the House and Senate. This landmark legislation, led by Representative Mark Wright and supported by Senator Jean-Paul Coussan, is designed to ensure continued access to Bitcoin while placing restrictions on Central Bank Digital Currencies (CBDCs). Key Features of HB 488 The new law enshrines several critical protections for Bitcoin holders and miners, signaling Louisiana’s
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