• Feb 21, 2025

Cryptocurrency exchange says it was victim of $1.5 billion hack

A major cryptocurrency exchange says it was the victim of a sophisticated hack that stole about $1.5 billion worth of digital currency, marking one of the biggest online thefts of all time. Bybit said Friday that a routine transfer of Ethereum, one of the most popular cryptocurrencies, between digital wallets was “manipulated” by an attacker who transferred the crypto to an unidentified address.

  • Feb 21, 2025

Wall Street giant Morgan Stanley eases diversity emphasis in annual report

The report omitted the bank's past statement that "a diverse and inclusive workforce is important to Morgan Stanley's continued success." Instead, the report now says: "meritocracy is at the heart of Morgan Stanley's talent development" and "a workforce that represents the societies in which we live and work, and our global client base, is integral to Morgan Stanley's continued success." Several corporate giants have been softening their diversity commitments amid a push by Trump to dismantle diversity, equity and inclusion (DEI) programs in the federal government and the private sector.