FTX, a defunct crypto exchange, has experienced a cybersecurity breach involving its bankruptcy case claims agent, Kroll. Limited non-sensitive customer data from specific claimants has been exposed. The exchange assures that account passwords, systems, and funds are unaffected. FTX is actively overseeing the situation and has initiated communication with affected individuals. Customers are advised to be vigilant against potential fraudulent emails posing as entities involved in bankruptcy proceedings.

Global payment giant Mastercard is ending its partnership with Binance crypto exchange in Latin America. The decision comes amid increased regulatory scrutiny of the beleaguered exchange. Starting September 22, Mastercard and Binance will wind down their four crypto card programs in Argentina, Brazil, and Colombia. Cardholders will have the opportunity to convert their Binance wallet holdings. The end of the collaboration is likely a response to Binance’s ongoing regulatory issues worldwide.

A recent survey conducted by the Certified Financial Planner Board revealed that approximately 31% of US investors would be open to following AI-generated financial advice without verifying it with another source. The survey, which polled over 1,100 adults, also found that although only 31% of respondents had received financial planning advice from AI, 80% expressed satisfaction with the experience. Interestingly, generative AI tools were preferred over social media for financial advice across all age groups. However, the CFP Board emphasized the importance of verification by a financial advisor for both AI-generated and social media-derived financial advice. The survey also indicated that only 52% of respondents were interested in receiving AI-created financial advice in the future.

Nolan Bushnell, the founder of Atari and inventor of Pong, spoke at the Digital Entertainment Leadership Forum in Hong Kong about the future of Web3 games and the concept of ownership in virtual worlds. He praised Web3 games for their ability to extend ownership into the digital landscape and predicted that games would imitate all factors of life. Bushnell also highlighted the potential of Web3 games in monetizing gameplay and their impact on education. Yat Siu, co-founder of Animoca Brands, emphasized the multiplayer ecosystem of Web3 games and the need for financial literacy among young gamers. Despite some flaws, Siu believes that Web3 gaming can make the world safer by promoting financial education.

WinRAR has released a patch for a zero-day vulnerability that allowed hackers to install malware and breach online crypto and stock trading accounts. Cybersecurity firm Group-IB discovered the vulnerability, which was exploited for four months. Hackers distributed weaponized ZIP archives on trading forums, disguising them as innocent files such as JPG images or PDF documents. Once extracted, the malware enabled threat actors to withdraw money from broker accounts. The patched vulnerability is addressed in WinRAR version 6.23, protecting crypto traders from these malicious attacks.