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🎯 U.S. Ambassador to China Hacked in China-Linked Spying Operation. Hackers linked to Beijing accessed the email account of the U.S. ambassador to China, Nicholas Burns, in an attack that’s compromised hundreds of thousands of individual U.S. government emails. CNN
Top Stories
🌎 Kuwait Cracks Down on Crypto, Banning Payments, Investment and Mining. The prohibitions are aimed at compliance with the Financial Action Task Force's (FATF) global recommendations for crypto assets. CoinDesk
🌎 More Than 40 Nations Interested in Joining BRICS. The question of how far and fast to expand the club - centered around Brazil, Russia, India, China and South Africa - is top of the agenda at the summit of nations seeking to offset to the hegenomy of the U.S.-led West in global affairs. Reuters
🌎 Myanmar Shadow Government to Start Neobank With Crypto Rails to Fund Fight Against Military Junta. The National Unity Government (NUG) bank is set to run on Polygon and do currency swaps via Uniswap v3 pools and USDT stablecoins. CoinDesk
🌎 Federal Reserve officially launches new FedNow instant-payments service. The Fed launched its FedNow instant-payments service Thursday, following years of developing a system to allow the faster flow of cash. CNBC
🌎 New US sanctions are aimed at choking off Russia's access to battlefield supplies and revenue. The US imposed sanctions on 120 firms and people from Russia to the UAE to Kyrgyzstan in an effort to choke off Moscow's access to products, money and financial channels. AP
🌎 Inside the Private Writings of Caroline Ellison, Star Witness in the FTX Case. Ms. Ellison, a top executive in Sam Bankman-Fried’s business empire, recorded her thoughts on private Google documents that offer new insight into the collapse of the FTX crypto exchange. NYT
🌎 A $15 Billion Oil Debt Spawns a Black Market in Mexican Fixers. Payment delays have spawned a shadow industry of people who claim they can speed up the process. In some cases, they’re offering bribes to Pemex employees to make that happen. Bloomberg
🌎 Fake passports, real bank accounts: How TheTruthSpy stalkerware made its millions. A network of fake sellers allowed a global phone surveillance ring to operate under the radar for years. TechCrunch
🌎 Iran Is Breaking Out of Its Box. In May, China hosted a dialogue among Iran, Oman, Saudi Arabia, and the UAE, to discuss establishing a joint naval fleet to conduct security operations in the Persian Gulf. Foreign Affairs
🌎 JumpCloud breach traced back to North Korean state hackers. In a new report, SentinelOne made the link based on multiple indicators of compromise shared by JumpCloud in a recent incident report. Bleepingcomputer
🌎 Musk subpoenas Elizabeth Warren days after she called for Tesla investigation. Musk's subpoena demands documents and communications related to Warren's letter to the SEC. Ars Technica
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