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Adidas: Customer Contact Info Stolen in Data Breach
German sportswear company Adidas has reported a data breach involving a customer service provider. As Reuters reported, the company announced Friday (May 23) that cybercriminals had accessed customer ...

Identity Verification Firm Vouched to Support AI Software Agents
Vouched, the enabler of AI-powered identity verification, announced the launch of several initiatives to ensure the coming ecosystem of AI Software Agents is built on “a foundation of strong identit...

Police Hunting for Woman Who Allegedly Deposited $185,000 in Fraudulent Checks Before Going on the Run
Police in Louisiana are searching for a woman who allegedly deposited hundreds of thousands of dollars worth of fraudule...

Musk Back to ’24/7′ Work at His Companies Amid X Outage
After months of government work, Elon Musk says he is “super focused” on his companies. The multibillionaire made that comment Saturday (May 24) on his X social media platform, following an outage...

First-Party Fraud Surges in LexisNexis Risk Solutions Report
The LexisNexis Risk Solutions Cybercrime Report concisely describes how fraud has evolved over the past two years. First-party fraud, for one, surged in 2024, with BNPL and financial services companie...

Arena Investors Finalizes Third Flagship Special Opportunities Fund
Arena Investors, LP , a global institutional asset manager, announced the final close of Arena Special Opportunities Partners Fund III and associated vehicles, inclusive of co-investments and programm...

Monarch Raises $75M Series B to Expand Its Personal Finance Platform for Households
Personal finance startup Monarch has secured $75 million in Series B financing, co-led by FPV Ventures and Forerunner Ventures, with continued backing from existing investors Menlo Ventures, Accel, Si...

Nakamoto Holdings, Kindly MD, Anchorage Digital Announce Strategic Bitcoin Treasury Partnership
Nakamoto Holdings Inc., Kindly MD, Inc. (NASDAQ: KDLY), and Anchorage Digital announced a partnership to advance the future of corporate Bitcoin adoption. Through this partnership, Anchorage Digital, ...

UAE’s Gainz Raises Funds to Tackle $200B SME Financing Gap in MENA
UAE-based Fintech startup Gainz has closed a seven-figure pre-seed funding round, combining equity and debt, as it looks to transform access to Shariah-compliant alternative financing for underserved ...

Axiom exchange hits $100 million in revenue just four months after launch
Two 22-year-old recent college grads founded the exchange, which has become likely the fastest startup in history to reach $100 million in revenue. ...

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