News linked to both this project and an event.
Odaily Report: OneKey founder Yishi posted that after a series of data breaches and supply chain attacks in the hardware wallet industry recently, OneKey is strengthening its existing security measures, stating that it has not experienced any security incidents and that these measures are being implemented proactively. OneKey has confirmed through the Shopify API that personal information such as customer names, emails, and shipping addresses in historical order records has been deleted, and has reduced the customer data retention period to a maximum of 30 days. Returns, warranties, and device verification will switch to methods that do not rely on long-term data retention. The retention policies of carriers such as FedEx and UPS are not controlled by OneKey; with customers' explicit consent, OneKey may separately retain privacy-processed email addresses solely for product updates and security patch notifications. OneKey's long-term goal is to migrate its e-commerce operations to its own infrastructure and reduce dependence on third-party platforms such as Shopify.
Odaily reports: Bitcoin News posted on X that Foundation Devices stated attackers launched over 23,000 phishing email attempts targeting its hardware wallet customers, exploiting customer records the company believed had been deleted but were still retained in historical database tables. Investigators confirmed that 19,057 of these emails were sent via Mailgun, while another 1,503 were sent through Google Workspace; the number of affected customers remains undetermined.Foundation Devices stated that after the legacy WooCommerce database migration, customer names, shipping information, refund records, and incomplete checkout information in the old tables remained accessible; recent Shopify order information may also have been exposed. The company said there is no evidence that the Passport hardware wallet or its private keys were compromised, and the investigation is ongoing.
Odaily News - Thrive Capital, the venture capital firm founded by Joshua Kushner, has purchased approximately $215 million worth of Amazon shares, further expanding its investment footprint in public market companies.According to regulatory filings, this investment gives Thrive Capital exposure to Amazon's growth opportunities in artificial intelligence, including agentic AI shopping tools and AI computing infrastructure services for enterprise customers.Earlier this month, Amazon's market capitalization surpassed $3 trillion for the first time, making it the fifth company globally to reach this milestone. The market continues to focus on its development potential in generative AI, cloud computing, and AI-driven e-commerce.Thrive Capital has previously been known for investing in early-stage tech companies, with a portfolio that includes SpaceX, Stripe, and OpenAI. In recent years, the firm has increasingly added positions in publicly listed companies, including Figma, StubHub, and Oscar Health.Earlier this year, Thrive also disclosed to investors that it had purchased approximately $100 million worth of Shopify stock, citing AI technology as a driver of a new wave of growth in the e-commerce sector.This investment signals that Thrive Capital is further transitioning from a traditional venture capital model toward becoming an "investor in core assets of the AI era," sharing in the growth dividends of AI infrastructure and application ecosystems by taking positions in major tech companies. (Bloomberg)
Odaily News - Karia Samaroo, founder and former CEO of Canadian crypto company WonderFi, recently stated that the company's acquisition by US trading platform Robinhood Markets for CAD 250 million was not due to a lack of growth potential, but rather because Canada's market environment has restricted local tech companies from continuing to scale.Samaroo said that WonderFi was founded in 2021. After several years of development, the company consolidated Canada's fragmented crypto market, built a nationwide brand, and survived the QuadrigaCX collapse, the FTX crash, and Canada's strict crypto regulatory environment. By 2023, WonderFi had become a leading crypto platform in the Canadian market.However, he believes that succeeding in Canada was not the company's ultimate goal. WonderFi had originally hoped to grow into a global enterprise, and Robinhood saw WonderFi as a strategic gateway into the Canadian market, which led to the CAD 250 million acquisition. Samaroo pointed out that Canada has long faced structural issues that limit companies' ability to scale, including insufficient venture capital, weak public markets, regulatory fragmentation, and declining attractiveness of entrepreneurial returns.For the crypto industry, the challenges are even more pronounced. Samaroo noted that after the QuadrigaCX incident, Canadian regulators established one of the world's strictest crypto regulatory frameworks. While the original intent was to protect investors, it also increased operational costs for businesses. International trading platforms including Binance, OKX, Bybit, and Gemini all entered the Canadian market previously and then exited. He believes that Canada's crypto regulations are not only strict but also compounded by fragmented securities regulatory systems, leading to higher financing costs, increased operational complexity, and diminished interest from overseas investors.Samaroo said that WonderFi is not an isolated case—many Canadian tech companies have followed a similar trajectory: growing domestically until hitting market ceilings, then ultimately seeking overseas capital or strategic buyers. Shopify founder Tobi Lütke has also previously criticized Canada for repeatedly "nurturing important companies only to send them abroad." Restricting corporate sales can easily become a political statement, but the real key to solving the problem lies in building a business environment that supports companies in financing, expansion, and competing globally.Robinhood previously announced the acquisition of WonderFi for approximately CAD 250 million. This deal also reflects the accelerating consolidation in the North American crypto industry, as US platforms expand into other markets through M&A. (Fortune)