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Project Overview
Cyber is a restaked Ethereum Layer 2 designed for social and optimized for mass adoption. It serves as the social layer for web3 applications and the gateway for the next wave of users to access web3 experiences, tools and financial liquidity across all Layer 2 ecosystems.
UK cybersecurity startup Cytix completes 6 million euro Series A funding round
According to EU-Startups, UK cybersecurity startup Cytix announced the completion of a 6 million euro (approximately 7 million USD) Series A funding round, led by UK venture capital firm Northern Gritstone, with participation from existing investors Auriga Cyber Ventures and NPIF II – PXN Equity Finance. Founded in 2020, Cytix focuses on addressing software change security risks arising from AI-assisted development, agent workflows, and continuous delivery, and its change risk management platform helps enterprises identify high-risk changes and take corresponding measures.
AI personal assistant company Pally completes $5.2 million in funding, led by Cyber Fund and Y Combinator
Odaily Odaily News: AI personal assistant startup Pally has announced the completion of a $5.2 million funding round, led by Cyber Fund and Y Combinator, with participation from Pioneer Fund, Founders Inc, 468 Capital, and angel investors. The company is valued at $30 million and primarily provides AI personal assistant services through an SMS interface. Pally was launched in 2025, with its latest version released in June, and can sync with platforms such as Gmail, Outlook, Slack, Granola, and Notion. After user authorization, Pally can book flights, manage inboxes, reply to messages, and reserve restaurant tables. Pally uses Anthropic's Claude, OpenAI's ChatGPT, as well as open-source models such as Kimi K3 and GLM 5.2. Co-founder Haz Hubble stated that the company will not sell user data or use related data to train models. (Business Insider)
Pakistan's Federal Investigation Agency (FIA) Establishes Cryptocurrency Investigation Unit to Combat Money Laundering and Terrorist Financing
the Federal Investigation Agency (FIA) of Pakistan has established a cryptocurrency investigation unit within its newly inaugurated National Command and Control Center (NC3) to probe money laundering and terrorist financing activities conducted through virtual currencies.Dr. Muhammad Athar Waheed, head of the FIA's Counter-Terrorism Department, stated that the new unit will investigate the criminal use of cryptocurrencies. The newly formed Pakistan Virtual Asset Regulatory Authority (PVARA) will be responsible for overseeing digital assets. Dr. Waheed also urged the National Cyber Crimes Investigation Agency and the Anti-Narcotics Force to establish similar departments to address the use of cryptocurrencies in cybercrime and drug trafficking.The NC3 integrates the FIA's financial crime tools onto a single platform, including anti-money laundering and virtual currency investigation units, an Interpol coordination point, open-source intelligence, cyber patrolling, and dark web investigation departments. Pakistan previously lifted its eight-year ban on cryptocurrency banking, created the PVARA, and is advancing the licensing of cryptocurrency exchanges. (Decrypt)
Post-quantum cryptography security company QIZ Security completes $17 million seed funding round
According to PR Newswire, post-quantum cryptography (PQC) management platform QIZ Security announced the completion of a $17 million seed funding round, led by Bessemer Venture Partners and Merlin Ventures, with participation from Evolution Equity Partners, Qbeat Ventures, Singtel Innov8, and Qino Cyber Capital. The funding will be used to accelerate product development and market expansion. QIZ's core capabilities lie in providing enterprises with continuous crypto asset discovery, risk modeling, and remediation governance, helping organizations complete the migration to quantum-safe architecture before "Q-Day" (the point in time when quantum computers are expected to possess the capability to break existing encryption systems, anticipated around 2029) arrives. Currently, QIZ has established strategic partnerships with Cisco, AWS, Google, CrowdStrike, Deloitte, EY, and IBM, among others, with services covering the finance, telecommunications, healthcare, and critical infrastructure sectors. The company was co-founded by cybersecurity industry veterans Ben Volkow, Lenny Ridel, and former head of Deloitte's Global Quantum Cybersecurity team, Dr. Itan Barmes.
South Korea Gwangju Police Solve Virtual Asset Fraud Case, 3 Suspects Arrested
According to Yonhap News Agency, the Gwangju Police Agency's Cyber Crime Investigation Team has arrested and referred three suspects, led by A (in their 60s), suspected of establishing offices in Seoul, Gwangju (Jeollanam-do), Gunsan (Jeollabuk-do), and other locations since November 2024, and using false promises such as "principal guarantee" and "potential returns of billions of Korean won" to lure over 100 elderly individuals aged 70 to 80 into investing in virtual assets, defrauding them of a total of approximately 500 million Korean won. The police stated that there are expected to be victims yet to be revealed, are currently continuing to expand the investigation, and reminded the public to remain vigilant against investment offers promising principal protection and high returns.
Pakistan's Federal Investigation Agency (FIA) Establishes Cryptocurrency Investigation Unit to Combat Money Laundering and Terrorist Financing
the Federal Investigation Agency (FIA) of Pakistan has established a cryptocurrency investigation unit within its newly inaugurated National Command and Control Center (NC3) to probe money laundering and terrorist financing activities conducted through virtual currencies.Dr. Muhammad Athar Waheed, head of the FIA's Counter-Terrorism Department, stated that the new unit will investigate the criminal use of cryptocurrencies. The newly formed Pakistan Virtual Asset Regulatory Authority (PVARA) will be responsible for overseeing digital assets. Dr. Waheed also urged the National Cyber Crimes Investigation Agency and the Anti-Narcotics Force to establish similar departments to address the use of cryptocurrencies in cybercrime and drug trafficking.The NC3 integrates the FIA's financial crime tools onto a single platform, including anti-money laundering and virtual currency investigation units, an Interpol coordination point, open-source intelligence, cyber patrolling, and dark web investigation departments. Pakistan previously lifted its eight-year ban on cryptocurrency banking, created the PVARA, and is advancing the licensing of cryptocurrency exchanges. (Decrypt)
UK Financial Regulator Urgently Assesses Risks of Anthropic’s Latest AI Model
Officials from the Bank of England, the Financial Conduct Authority, and the Treasury are consulting with the National Cyber Security Centre to examine potential vulnerabilities in critical IT systems revealed by Anthropic’s latest model.
U.S. Department of the Treasury Opens Cyber Threat Information Sharing Mechanism to the Cryptocurrency Industry
According to CoinDesk, the U.S. Department of the Treasury announced it will extend its cybersecurity threat information-sharing service—which was previously available only to traditional financial institutions—to cryptocurrency firms. Eligible crypto companies may apply to join the program through the Treasury’s Office of Cybersecurity and Critical Infrastructure Protection and receive timely, actionable cybersecurity threat intelligence at no cost. Luke Pettit, Assistant Secretary for Financial Institutions at the Treasury Department, stated that this move aims to foster a safer and more responsible digital asset ecosystem. The policy responds to related recommendations outlined in a prior report issued by the President’s Working Group on Digital Asset Markets.
U.S. Department of Justice Sues 17 Iranians Accused of Conducting Large-Scale Cyber Espionage Campaign on Behalf of Revolutionary Guards
The U.S. Department of Justice announced an indictment charging 17 members of Iran's Mabna Institute with long-running cyber intrusion campaigns targeting 144 U.S. universities, 178 foreign universities, at least 42 U.S. companies, 11 foreign companies, and multiple government and non-governmental agencies, resulting in the theft of more than 31 TB of academic data, intellectual property, and sensitive information. The indictment alleges that the group has conducted hacking operations under contract from the Islamic Revolutionary Guard Corps (IRGC) and other Iranian government and university entities since 2013, profiting by compromising accounts, stealing research materials and proprietary data, and selling portions of the illicitly acquired resources. Some individuals involved also participated in the HBO hacking incident, where internal data was exfiltrated and attempts were made to extort approximately $6 million in Bitcoin.
Hackers Exploit macOS Screen Sharing Vulnerability to Gain Root Access and Mine Monero
Odaily News: The Dutch National Cyber Security Centre (NCSC) has reported that attackers are exploiting a vulnerability in Apple's macOS Screen Sharing feature to take control of devices and install Monero mining programs. Multiple systems with port 5900 exposed to the internet have been compromised, with attackers gaining root access. The vulnerability, tracked as CVE-2026-65400, has a severity score of 7.1 out of 10. It stems from a state management error in the authentication process, allowing remote attackers to bypass login verification without valid credentials. Public proof-of-concept code has already been circulated. Apple has addressed the issue in macOS Sequoia 15.7.9, Sonoma 14.8.9, and Tahoe 26.6.1. The NCSC advises users to update their systems promptly and avoid exposing the Screen Sharing service directly to the internet. (Decrypt)
OpenAI Expands Cybersecurity Service Daybreak, Launches Specialized Model GPT-5.6-Cyber
According to TechCrunch, in response to the growing number of AI-driven cyber attacks, OpenAI announced this week the expansion of its cyber defense service Daybreak and the launch of a new cybersecurity-specific model, GPT-5.6-Cyber. Daybreak has added two service tiers: Blue and Red. Blue targets most enterprises, providing basic defense capabilities such as incident response, malware analysis, and patch verification; Red targets advanced users, providing security testing and vulnerability research tools. GPT-5.6-Cyber is available exclusively at this tier, with access currently limited to trusted partners such as Accenture, IBM, CrowdStrike, and Cloudflare.
Bitcoin Red Team Founder Forced to Switch to Chinese Open-Source AI Models Due to OpenAI Access Restrictions
According to Cointelegraph, AnchorWatch CEO and Bitcoin Red Team founder Rob Hamilton stated that after integrating OpenAI Trust & Cyber capabilities into the Bitcoin Red Team's security research work, he faced access restrictions the next day and was forced to switch back to using Chinese open-source AI models to continue research. The Bitcoin Red Team has currently discovered 1,288 critical and high-risk vulnerabilities in the Bitcoin ecosystem, and research work significantly accelerated after the Coldcard hardware wallet was hacked (over $100 million in Bitcoin stolen). Hamilton commented on this: "Black-hat hackers face no restrictions, while white-hat researchers dedicated to reducing risk are excluded."
Zeus Wallet Urgently Taken Offline After Cyber Attack, States Customer Funds Safe
According to Cointelegraph, Bitcoin Lightning Network self-custodial wallet Zeus Wallet voluntarily took its infrastructure offline following a cybersecurity attack on Wednesday and is currently conducting a comprehensive audit of the system, with services to be restored upon completion. Zeus founder Evan Kaloudis stated that the attack was contained within hours, no customer fund losses were found, and there was no evidence that the Lightning node software was affected; the scope of the incident was limited to Zeus's own infrastructure. For users forced to close LSP channels during this incident, Zeus promised to provide replacement channels after services are restored. The company has not yet disclosed the specific nature of the attack or a timeline for resuming operations. Zeus stated that this incident will further drive its security development on Trusted Execution Environment (TEE) and Validating Lightning Signer (VLS) projects.
Hugging Face CEO: AI's Potential to Defend Against Cyber Attacks Comparable to Threats
Hugging Face CEO Clément Delangue posted on social media to respond to concerns regarding recent AI-driven cyber attacks. He pointed out that open models have already helped defend against multiple attacks and could resist millions of attacks per day in the future, believing that AI will make cybersecurity fundamentally stronger. Delangue proposed three recommendations: mandatory sharing of traces and disclosure of incidents for agent attacks; keeping AI cyber attacks illegal and enforcing severe penalties; and arming defenders with open models to narrow the gap between offensive and defensive capabilities. He advocates that AI development should be accelerated rather than slowed down at this stage.
Hackers Exploit macOS Screen Sharing Vulnerability to Gain Root Access and Mine Monero
Odaily News: The Dutch National Cyber Security Centre (NCSC) has reported that attackers are exploiting a vulnerability in Apple's macOS Screen Sharing feature to take control of devices and install Monero mining programs. Multiple systems with port 5900 exposed to the internet have been compromised, with attackers gaining root access. The vulnerability, tracked as CVE-2026-65400, has a severity score of 7.1 out of 10. It stems from a state management error in the authentication process, allowing remote attackers to bypass login verification without valid credentials. Public proof-of-concept code has already been circulated. Apple has addressed the issue in macOS Sequoia 15.7.9, Sonoma 14.8.9, and Tahoe 26.6.1. The NCSC advises users to update their systems promptly and avoid exposing the Screen Sharing service directly to the internet. (Decrypt)
Singapore Authorities Warn of Cryptocurrency Fake Recruitment Scams, Resulting in $11.8 Million Losses
According to CNA, the Singapore Police Force (SPF) and the Cyber Security Agency (CSA) jointly issued a warning on August 14 that a cryptocurrency scam utilizing fake recruitment has caused losses of approximately US$11.8 million. Scammers impersonated recruiters from cryptocurrency companies, communicated with victims via emails from spoofed domains, and induced them to download malware onto company devices under the pretext of technical programming tests. The malware stole victims' session tokens, bypassed multi-factor authentication to infiltrate their Bitbucket code repositories, then tampered with automated deployment instructions and remotely accessed internal servers, ultimately bypassing transaction approval mechanisms to complete cryptocurrency transfers.
AI personal assistant company Pally completes $5.2 million in funding, led by Cyber Fund and Y Combinator
Odaily Odaily News: AI personal assistant startup Pally has announced the completion of a $5.2 million funding round, led by Cyber Fund and Y Combinator, with participation from Pioneer Fund, Founders Inc, 468 Capital, and angel investors. The company is valued at $30 million and primarily provides AI personal assistant services through an SMS interface. Pally was launched in 2025, with its latest version released in June, and can sync with platforms such as Gmail, Outlook, Slack, Granola, and Notion. After user authorization, Pally can book flights, manage inboxes, reply to messages, and reserve restaurant tables. Pally uses Anthropic's Claude, OpenAI's ChatGPT, as well as open-source models such as Kimi K3 and GLM 5.2. Co-founder Haz Hubble stated that the company will not sell user data or use related data to train models. (Business Insider)
Microsoft Develops Three Types of AI Agents to Support Cyber Defense
According to Nikkei XTECH, Microsoft has developed a new system to address cyberattacks involving autonomous AI, using three types of AI agents to support the process from vulnerability identification to remediation. Microsoft will also launch its first self-developed AI model for cyber defense.
Google Releases Gemini 3.6 Flash, 3.5 Flash-Lite, and 3.5 Flash Cyber
Google releases next-generation Gemini Flash series models, including Gemini 3.6 Flash, Gemini 3.5 Flash-Lite, and Gemini 3.5 Flash Cyber for cybersecurity scenarios.
Bybit US Stocks Earnings Season Event Officially Launches Today: Trade + Predict, Win Cybertruck Grand Prize + Million USD Prize Pool
According to the official announcement, Bybit officially launches the US Stock Earnings Season: Trade, Predict, Win CyberTruck Grand Prize event today. The event lasts for 41 days and ends on August 30. The first week of the event marks the climax of US tech stock earnings—Tesla (TSLA) and Google (GOOGL) will both release their Q2 earnings after market close on July 22. The core gameplay of the event is a full-chain points system: "Complete tasks to earn points — Bet points on predictions — Leaderboard splits the prize pool — Points can also be redeemed for store prizes": Users earn points by completing trading, invitation, and check-in tasks, then use points to bet on the daily "Top Gainer" prediction. Those who bet correctly will proportionally split the points pool of those who bet incorrectly, achieving exponential points growth. Finally, the Top 200 in points balance ranking can split a prize pool of up to $1,000,000, and points can also be used to redeem prizes in the points store. A Tesla Cyber Truck awaits you. Limited-Time Earnings Trading Task: July 21 - July 30. During the first 10 days of the event, trade designated stock contracts of companies releasing earnings to earn extra points.
Related news
U.S. Department of Justice Sues 17 Iranians Accused of Conducting Large-Scale Cyber Espionage Campaign on Behalf of Revolutionary Guards
The U.S. Department of Justice announced an indictment charging 17 members of Iran's Mabna Institute with long-running cyber intrusion campaigns targeting 144 U.S. universities, 178 foreign universities, at least 42 U.S. companies, 11 foreign companies, and multiple government and non-governmental agencies, resulting in the theft of more than 31 TB of academic data, intellectual property, and sensitive information. The indictment alleges that the group has conducted hacking operations under contract from the Islamic Revolutionary Guard Corps (IRGC) and other Iranian government and university entities since 2013, profiting by compromising accounts, stealing research materials and proprietary data, and selling portions of the illicitly acquired resources. Some individuals involved also participated in the HBO hacking incident, where internal data was exfiltrated and attempts were made to extort approximately $6 million in Bitcoin.
South Korea Gwangju Police Solve Virtual Asset Fraud Case, 3 Suspects Arrested
According to Yonhap News Agency, the Gwangju Police Agency's Cyber Crime Investigation Team has arrested and referred three suspects, led by A (in their 60s), suspected of establishing offices in Seoul, Gwangju (Jeollanam-do), Gunsan (Jeollabuk-do), and other locations since November 2024, and using false promises such as "principal guarantee" and "potential returns of billions of Korean won" to lure over 100 elderly individuals aged 70 to 80 into investing in virtual assets, defrauding them of a total of approximately 500 million Korean won. The police stated that there are expected to be victims yet to be revealed, are currently continuing to expand the investigation, and reminded the public to remain vigilant against investment offers promising principal protection and high returns.
Hackers Exploit macOS Screen Sharing Vulnerability to Gain Root Access and Mine Monero
Odaily News: The Dutch National Cyber Security Centre (NCSC) has reported that attackers are exploiting a vulnerability in Apple's macOS Screen Sharing feature to take control of devices and install Monero mining programs. Multiple systems with port 5900 exposed to the internet have been compromised, with attackers gaining root access. The vulnerability, tracked as CVE-2026-65400, has a severity score of 7.1 out of 10. It stems from a state management error in the authentication process, allowing remote attackers to bypass login verification without valid credentials. Public proof-of-concept code has already been circulated. Apple has addressed the issue in macOS Sequoia 15.7.9, Sonoma 14.8.9, and Tahoe 26.6.1. The NCSC advises users to update their systems promptly and avoid exposing the Screen Sharing service directly to the internet. (Decrypt)
Singapore Authorities Warn of Cryptocurrency Fake Recruitment Scams, Resulting in $11.8 Million Losses
According to CNA, the Singapore Police Force (SPF) and the Cyber Security Agency (CSA) jointly issued a warning on August 14 that a cryptocurrency scam utilizing fake recruitment has caused losses of approximately US$11.8 million. Scammers impersonated recruiters from cryptocurrency companies, communicated with victims via emails from spoofed domains, and induced them to download malware onto company devices under the pretext of technical programming tests. The malware stole victims' session tokens, bypassed multi-factor authentication to infiltrate their Bitbucket code repositories, then tampered with automated deployment instructions and remotely accessed internal servers, ultimately bypassing transaction approval mechanisms to complete cryptocurrency transfers.
UK cybersecurity startup Cytix completes 6 million euro Series A funding round
According to EU-Startups, UK cybersecurity startup Cytix announced the completion of a 6 million euro (approximately 7 million USD) Series A funding round, led by UK venture capital firm Northern Gritstone, with participation from existing investors Auriga Cyber Ventures and NPIF II – PXN Equity Finance. Founded in 2020, Cytix focuses on addressing software change security risks arising from AI-assisted development, agent workflows, and continuous delivery, and its change risk management platform helps enterprises identify high-risk changes and take corresponding measures.
OpenAI Expands Cybersecurity Service Daybreak, Launches Specialized Model GPT-5.6-Cyber
According to TechCrunch, in response to the growing number of AI-driven cyber attacks, OpenAI announced this week the expansion of its cyber defense service Daybreak and the launch of a new cybersecurity-specific model, GPT-5.6-Cyber. Daybreak has added two service tiers: Blue and Red. Blue targets most enterprises, providing basic defense capabilities such as incident response, malware analysis, and patch verification; Red targets advanced users, providing security testing and vulnerability research tools. GPT-5.6-Cyber is available exclusively at this tier, with access currently limited to trusted partners such as Accenture, IBM, CrowdStrike, and Cloudflare.