Top Tech Headlines for August 4, 2025

From fashion brand data breaches and AI-driven DDoS attacks to crypto ETF shakeups and a surge in autonomous ride-sharing, today’s headlines span cybersecurity, blockchain, and cutting-edge innovation. Whether you're a privacy-first techie or just love keeping up with the latest digital battles, here’s what you need to know.

Chanel Targeted in Salesforce Data Breach Wave

Luxury giant Chanel is the latest victim in a growing series of Salesforce-related data thefts. Attackers have exploited vulnerabilities in connected systems, threatening the data of both customers and partners. If you're a Salesforce user, secure authentication and data segmentation are more essential than ever.

Proton Authenticator Bug Exposed MFA Secrets

Security-first email and app provider Proton discovered a logging error in its Authenticator iOS app that stored sensitive TOTP secrets in plaintext. Though quickly patched, this incident is a sharp reminder of how even privacy-focused tools need continuous scrutiny.

Legacy Office 365 to Lose Voice Features

Starting January 2026, older versions of Office 365 will no longer support transcription, voice dictation, or read-aloud services. Microsoft is nudging users to upgrade in order to maintain access to AI-powered productivity tools.

‘ClickTok’ Campaign Steals Crypto from TikTok Users

CTM360 has flagged a phishing campaign dubbed "ClickTok," using spoofed TikTok Shop pages to drain victims' crypto wallets. Powered by AI and spyware-laced apps, the scam is a convincing trap for e-commerce-savvy users.

'Plague' Malware Targets Linux with Stealth SSH Backdoors

A new strain of Linux malware, dubbed “Plague,” has remained undetected for over a year. It maintains hidden SSH access and removes traces of activity from logs, making it especially dangerous for servers and enterprise systems.

Ransomware Gangs Pivot to Microsoft SharePoint

At least 148 organizations have been compromised by ransomware gangs exploiting SharePoint vulnerabilities. The coordinated campaigns point toward increasing risk for businesses relying on legacy Microsoft deployments.

Mozilla Warns Add-On Developers of AMO Phishing Attack

Developers on Mozilla’s official add-on platform (AMO) are being targeted with phishing emails trying to hijack their accounts. The move could compromise browser extensions and threaten millions of users if left unchecked.

Tencent Open-Sources AI Models for Broad Adoption

Tencent released new versions of its Hunyuan AI models under an open-source license. Designed for scalability and cross-platform usage, these models further blur the lines between proprietary and community-developed AI tools.

Lyft and Baidu Launch Robotaxis in the UK and Germany

Self-driving ride-sharing is kicking off in Europe, thanks to a new partnership between Lyft and Baidu. Their autonomous fleet will soon be hitting roads in the UK and Germany, signaling real momentum in the robotaxi space.

Crypto Gaining Policy Favor in the UK

Former UK Chancellor George Osborne urges the country to embrace crypto, warning that failing to do so risks losing relevance globally. With the US and Singapore advancing, the UK may be pressured to innovate or be left behind.

Virgin Media O2 Daisy Enters UK Business Telecom Market

The UK’s enterprise telecom scene just got a shake-up as Virgin Media O2 and Daisy Group join forces. Tailored solutions aim to serve small and medium-sized businesses with private 5G and cloud services.

Solo Bitcoin Miners Defy the Odds

Against a backdrop of record network difficulty, solo Bitcoin miners are still winning block rewards. Efficient hardware and timing seem to be paying off—highlighting that even individuals can make waves in today’s crypto economy.

Singapore Leads Crypto Adoption, US Dominates Jobs

A global crypto benchmarking report finds Singapore with the highest adoption rate, while the US continues to offer top-paying blockchain careers. Crypto is becoming more mainstream both in daily usage and professional opportunities.

NVIDIA Triton Bugs Threaten AI Servers

Unpatched vulnerabilities in NVIDIA's Triton inference server could let attackers execute remote code. AI infrastructures using these servers should patch immediately to avoid hijacking threats and data exfiltration.

Vietnamese Hackers Use PXA Stealer to Grab 200K Passwords

A new campaign using PXA Stealer malware has infected over 4,000 IPs globally, stealing nearly 200,000 passwords. The stolen data is being distributed via Telegram, pointing to new vectors for credential theft.

Android Trojan Infects 11,000 Devices via Fake Play Store Ads

PlayPraetor malware is spreading through deceptive Meta ads and mock Google Play pages, mainly targeting banking app users. More than 11,000 Android devices are already affected—emphasizing the risks of sideloading apps.

AI-Driven DDoS Attacks Surge 358%

According to new data, AI is supercharging DDoS attacks, which have skyrocketed by 358% in 2025. Traditional defenses are falling behind as attackers leverage machine learning for smarter, harder-to-mitigate disruption.

Zero-Knowledge Proofs Backed by Coinbase

Coinbase is pushing US lawmakers to adopt zero-knowledge proofs to modernize financial compliance. These tech tools let users verify identity details without revealing personal data, enhancing privacy and security in KYC processes.

BitMine Buys 833K ETH, Surpasses SharpLink

BitMine has quietly become the largest corporate holder of Ethereum, now sitting on over 833,000 ETH. Its meteoric rise is drawing institutional interest and echoes past plays from Bitcoin-heavy firms like MicroStrategy.

USDe Stablecoin Rockets to $9.5B Market Cap

Ethena's synthetic dollar USDe is now the third-largest stablecoin, growing nearly 75% in under a month. With staking-based yields and no fiat backing, it’s proving that algorithmic stablecoins may be making a credible comeback.

Ethereum ETFs See $152M in Outflows

After a record 20-day inflow streak, Ethereum ETFs experienced a significant $152 million outflow. Market watchers tie it to macro signals from the Fed—and say it may just be a pause rather than the start of a long-term slide.

Bullish Exchange Files for $4.2B IPO

With backing from names like Peter Thiel and former NYSE president Thomas Farley at the helm, crypto exchange Bullish is seeking a $4.2 billion IPO. The move rides a wave of favorable US regulations like the GENIUS Act for stablecoins.

Verb Becomes First TON-Focused Treasury Company

Verb Technology is pivoting into Toncoin (TON), raising $558 million to become the first publicly traded TON treasury company. The firm plans to stake its holdings to create a cash-flow-positive model aligned with Telegram’s Web3 ecosystem.

Bitcoin Futures Drop $3B as Traders De-Risk

Bitcoin futures open interest fell by $3.78 billion, indicating a soft pullback in trader risk appetite. Institutional positions, however, remain firm—suggesting a maturing market as retail plays it more cautiously.

Gold Can't Do What Bitcoin and Ethereum Can

A new analysis highlights the legal and financial mechanisms that prevent companies from building gold-centric strategies in the way they do with crypto. Unlike gold, crypto lets firms create innovative treasury, yield, and branding models.

Aave DAO Buyback Nets $2.6M in Unrealized Gains

Aave has been quietly buying back its AAVE tokens, spending about $1 million weekly. So far, the decentralized finance giant has already seen an unrealized gain of $2.6 million while reinforcing its dominance in the DeFi space.

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