Subj : Coinbase Hackers, Rotatin To : All From : Mike Powell Date : Fri May 16 2025 08:46:00 From TLDR 2025-05-16 COINBASE SAYS HACKERS BRIBED STAFF TO STEAL CUSTOMER DATA AND ARE DEMANDING $20 MILLION RANSOM (3 MINUTE READ) [6] Coinbase customer data was recently stolen by cybercriminals using social engineering techniques. The incident may cost the company up to $400 million to fix. The data stolen includes names, addresses, phone numbers, emails, masked bank account numbers and identifiers, the last four digits of Social Security numbers, government ID images, and account balances. The attackers demanded a $20 million ransom, but Coinbase said it would not pay. It instead offered a $20 million reward fund for information leading to the arrest and conviction of the criminals responsible for the attack. A GENE-EDITING BREAKTHROUGH SAVES INFANT WITH RARE DISEASE (3 MINUTE READ) [7] An infant in Philadelphia has been successfully treated with a customized CRISPR gene-editing therapy for a rare and deadly disease. The infant lacked an enzyme in his liver that normally converts ammonia to urea. This caused ammonia to build up and damage organs in the body. Before the treatment, the infant was in the eighth or ninth percentile for weight - after, he is now in the 35th to 40th percentile. The infant still needs medication, but now needs less. His treatment could potentially be used as a template for creating individualized treatments quickly for other patients with rare diseases. FOR THE FIRST TIME IN THE US, A ROTATING DETONATION ROCKET ENGINE TAKES FLIGHT (3 MINUTE READ) [8] Venus Aerospace has completed a short flight test of its rotating detonation rocket engine. The concept has been discussed academically for decades and has previously been tested in a handful of countries, but this is believed to be the first US-based flight test of the idea. The technology makes traversing the globe in under two hours possible. Venus still has a long way to go before it can provide highly efficient hypersonic commercial flight, but the flight test proves that such a future is at least possible. META IS DELAYING THE ROLLOUT OF ITS FLAGSHIP AI MODEL (4 MINUTE READ) [11] Meta's engineers are struggling to significantly improve the capabilities of the company's 'Behemoth' large language model. The model was intentionally slated for an April release, but this has now been delayed to fall or later. Staff are concerned that the model's performance won't match public statements about its capabilities. The company is contemplating significant management changes to its AI product group. MICROSOFT'S CEO ON HOW AI WILL REMAKE EVERY COMPANY, INCLUDING HIS (33 MINUTE READ) [12] AI is rapidly commoditizing, and this is a good thing for Microsoft. CEO Satya Nadella believes that as AI becomes more accessible and its usage becomes more efficient, consumption will increase. The company has created its own AI architectures to prepare for this future. Microsoft's investment into AI projects will likely generate trillions of dollars in economic activity. MONTANA BECOMES THE RIGHT TO TRY ANYTHING STATE, EXPANDING ACCESS TO EXPERIMENTAL DRUGS (2 MINUTE READ) [13] A new bill in Montana permits clinics and doctors to sell and provide nearly any experimental drug to potential patients. Links: ------ [6] https://www.cnbc.com/2025/05/15/coinbase-says-hackers-bribed-staff-to-steal -customer-data-and-are-demanding-20-million-ransom.html?utm_source=tldrnewslett er [7] https://links.tldrnewsletter.com/Jb2gFL [8] https://arstechnica.com/space/2025/05/venus-aerospace-flies-its-rotating-de tonation-rocket-engine-for-the-first-time/?utm_source=tldrnewsletter [11] https://links.tldrnewsletter.com/4wTiUU [12] https://www.bloomberg.com/news/features/2025-05-15/microsoft-ceo-satya-nad ella-on-his-ai-efforts-and-openai-partnership?accessToken=eyJhbGciOiJIUzI1NiIsI nR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc0NzM 1OTAyNSwiZXhwIjoxNzQ3OTYzODI1LCJhcnRpY2xlSWQiOiJTV0JNQ1FUMEFGQjQwMCIsImJjb25uZW N0SWQiOiJFQTExNDNDNTM4NEE0RUY5QTg5RjJEN0IxMTg2MzcwOSJ9.pd-gO9z_5c9MAteiNuEpGoxu KUNhOiaMyzyLrsklogI&utm_source=tldrnewsletter [13] https://gizmodo.com/montana-becomes-the-right-to-try-anything-state-expand ing-access-to-experimental-drugs-2000602189?utm_source=tldrnewsletter [14] https://blog.pragmaticengineer.com/stack-overflow-is-almost-dead/?utm_sour ce=tldrnewsletter -- https://tldr.tech/tech $$ --- SBBSecho 3.20-Linux * Origin: capitolcityonline.net * Telnet/SSH:2022/HTTP (1:2320/105) .