Updates
Hong Kong set to launch Asia’s first inverse bitcoin ETF
Bitcoin has experienced significant volatility, losing over 12% in the second quarter and recently rebounding due to US political events.
CrowdStrike outage hits 8.5 million Microsoft devices
The disrupted services included airlines, broadcasters, and critical sectors such as healthcare and banking.
Malicious sites emerge in Australia following global outage
Cyber Security Minister Clare O’Neil cautioned against potential scams and phishing attempts.
Global tech outage hits Meta’s content moderators
Although the outage temporarily disrupted several tools used by vendors, Meta confirmed that the issues were resolved earlier in the day with minimal impact on content moderation.
CrowdStrike reports majority of outage-affected devices restored
Although specific numbers were not revealed, the term ‘significant’ suggests a majority restoration to normal functionality, underscoring the critical role of prompt and effective responses from cybersecurity teams.
Nvidia develops China-specific AI chips amid tightening US export controls
Despite initial weak sales, Nvidia is now on track to sell over 1 million H20 chips in China this year, generating more than $12 billion.
FBI unlocks Trump shooter’s phone in 40 minutes
The FBI was assisted by the Israeli firm Cellebrite.
Microsoft says that the cause of the global outage is resolved
Despite resolving the initial issue, residual impacts continue, and the company is actively working to restore full functionality.
CrowdStrike deploys fix for worldwide system crashes
Major corporations like McDonald’s, United Airlines, and the LSE Group experienced operational disruptions due to the IT outage.
Cyber outage disrupts sectors across Australia and New Zealand
Authorities and impacted companies believe the outage was due to technical problems with third-party software, not a cyber attack.
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