New York Attorney General probes crypto exchange Bitfinex over alleged $850M fraud – TechCrunch

In what seems like a historic moment in crypto, New York State Attorney General (NYSAG) office has announced that it is investigating iFinex, the company behind exchange Bitfinex and stablecoin Tether, over an alleged $850 million fraud. Attorney General Letitia James’ office said on Thursday that it is looking how the company (apparently) lost $850 million…

Critical Unpatched Flaw Disclosed in WordPress WooCommerce Extension

If you own an eCommerce website built on WordPress and powered by WooCommerce plugin, then beware of a new, unpatched vulnerability that has been made public and could allow attackers to compromise your online store. A WordPress security company—called “Plugin Vulnerabilities“—that recently gone rogue in order to protest against moderators of the WordPress’s official support…

U.S. slams Alibaba and its challenger Pinduoduo for selling fakes – TechCrunch

China’s biggest ecommerce company Alibaba was again on the U.S. Trade Representative’s blacklist over suspected counterfeits sold on its popular Taobao marketplace that connects small merchants to consumers. Nestling with Alibaba on the U.S.’s annual “notorious” list that reviews trading partners’ intellectual property practice is its fast-rising competitor Pinduoduo . Just this week, Pinduoduo founder…