GoKawiil
Tech News
Bitcoin rose 37% over 39 days to reach an eight-month high near $86,000 on Monday, according to Yahoo Finance. The rally followed Congress's failure to pass a crypto 'Clarity Act' and the SEC's announcement of a five-year 'innovation exemption' allowing tokenized U.S. stocks to trade via automated market makers on public blockchains, per CoinDesk.
After the Clarity Act failed to advance in the Senate, the SEC issued an order creating a temporary pathway for trading tokenized stocks, and the CFTC submitted a crypto rulemaking proposal to the White House for review the same day. Details of the CFTC proposal have not been made public, though the Office of Management and Budget confirmed it is pending review.
Fund issuers are preparing exchange-traded funds tied to unconventional themes such as election outcomes and hockey statistics, expanding the range of speculative investment products available to retail investors. These offerings reflect the broader trend of ETF providers seeking niche angles to attract attention in an increasingly crowded market.
Chinese AI startup Moonshot announced Thursday that its Kimi models now integrate directly with financial data providers including S&P Global Market Intelligence, Crunchbase, Wind, Tianyancha, SEC EDGAR filings, the IMF, World Bank and FRED. The company said clients such as CICC and venture firm Hong Shan (formerly Sequoia China) are already using Kimi's new financial-services tools, which are offered through tiered subscriptions ranging from 49 to 699 yuan per month.
The SEC issued an order Thursday creating an immediate regulatory pathway allowing certain trading venues to offer tokenized versions of publicly traded U.S. stocks. The five-year exemption requires token holders to retain the same rights as traditional shareholders and lets companies object to having their securities tokenized. The move follows the Senate's failure to advance the Clarity Act, a crypto market structure bill, two days earlier.
CenterPoint Energy has confirmed in an SEC filing that an unauthorized party accessed customer personal information through one of its external-facing systems. The disclosure follows claims from a hacker who says they exfiltrated 7.49 million records—including names, addresses, account numbers, billing details and partial Social Security numbers—by exploiting an unprotected public API lacking rate limiting or firewall defenses.
Coinbase CEO Brian Armstrong told CNBC he expects the Clarity Act to pass the Senate on Sept. 15, citing support from crypto firms, banks and law enforcement groups. He added that even if the bill fails, the SEC and CFTC have signaled readiness to issue their own rulemaking, meaning digital asset oversight will be clarified either way.
AdaptHealth has confirmed that a cyberattack discovered in July, linked to the ShinyHunters group, exposed personal and health data belonging to about 4.1 million patients. The company says attackers gained access on June 5 through a social engineering attack that compromised a third-party contractor's privileged account, reaching cloud-based patient management and record systems. Exposed data includes names, contact and demographic details, health insurance information, and health records.
Veradigm, the Chicago-based healthcare technology firm formerly known as Allscripts, disclosed in an SEC filing that an attacker used stolen credentials from a third-party vendor to access a customer-service API and copy patient data. The exposed information includes personal details and Social Security numbers for a limited number of patients, though clinical records were not accessed. The Gentlemen ransomware group has claimed responsibility for the attack.
Grindr has agreed to pay £26m to resolve a High Court class action brought by more than 11,000 claimants who alleged the dating app shared sensitive personal data, including HIV status, with third parties. The company will pay £13m by the end of this year and another £13m by March 2027, admitting no liability. Grindr says the allegations concern data practices before 2020, when the app was owned by China's Kunlun.
Oura has acknowledged in SEC paperwork filed ahead of its IPO that some Ring 4 units suffered battery performance problems, which contributed to an $84.4 million rise in warranty expenses during fiscal 2025. The company replaced affected rings free of charge, sometimes even after the standard one-year warranty had lapsed. Oura has not specified which production batches were affected.
Oura, the Finland-founded, San Francisco-based maker of health-tracking smart rings, has filed paperwork with the SEC to go public on Nasdaq. The company has built a leading position in the wearable ring market as it moves toward becoming a publicly traded stock.