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US Air Force investigating data breach caused by Microsoft SharePoint issue

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  • US Air Force investigating SharePoint breach exposing PII and PHI across its systems
  • Chinese-linked groups exploited SharePoint flaws
  • Microsoft and US authorities are actively investigating the scope and impact of the breach

The US Air Force is reportedly investigating a potential data breach caused by a Microsoft SharePoint issue.

A report from The Register revealed the Air Force Personnel Center Directorate of Technology and Information issued a data breach notification shared on social media.

“This message is to inform you of a critical Personally Identifiable Information (PII) and Protected Health Information (PHI) exposure related to USAF SharePoint Permissions,” the warning reads. “As a result of this breach, all USAF SharePoints will be blocked Air Force-wide to protect sensitive information.”


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The Register reported Microsoft Teams and Power BI dashboards should also be blocked since they access SharePoint, but this information is unconfirmed at this time.

“The Department of the Air Force is aware of a privacy-related issue,” an Air Force spokesperson told The Register.

Further information out there is scarce right now, with little information on who the threat actors are and what they sought to achieve.

Obviously, most fingers are now being pointed towards China, following reports in early July 2025 that Microsoft had confirmed three Chinese-affiliated hacking groups exploited vulnerabilities in on-prem SharePoint servers.

The groups, called Linen Typhoon, Violet Typhoon, and Storm-2603, targeted flaws that allowed authentication bypass and remote code execution, which enabled them to steal sensitive data such as MachineKey information.

These exploits affected at least two US federal agencies and numerous other organizations globally. The situation is being actively investigated by both Microsoft and US authorities.

However, we should also not forget Russian state-sponsored groups, who have the skills and the infrastructure to pull this kind of attack off, and have done so in the not-too-distant-past, as well.

Previously, Microsoft faced US government fire over its lax cybersecurity approach, which even forced it to change how it operated – let’s see if this time it is any different.

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The Outer Worlds 2 Digital Issue Is Now Live!
Game Updates

The Outer Worlds 2 Digital Issue Is Now Live!

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The Digital Issue of Game Informer magazine issue 372 is now live! Subscribers can read the full issue right here, with print issues arriving in mailboxes starting in early October. If you subscribe to Game Informer before October 15, you’ll receive this latest issue highlighting our 12-page cover story on The Outer Worlds 2. 

In addition to our deep dive on Obsidian’s upcoming sci-fi RPG, issue 372 includes features such as a six-page interview by contributor Ana Diaz, who speaks with Undertale creator Toby Fox about the making of his spiritual follow-up, Deltarune. Marvel fans can enjoy a 12-page section dedicated to upcoming games starring its spandex-clad heroes, including Marvel Tōkon: Fighting Souls and Deadpool VR. 

Editor Charles Harte has an enlightening conversation with famed developer Rami Ismail about his bold new game, Australia Did It. With Halloween around the corner, get into the spirit with our spooky spotlight of horror games on the horizon. Enthusiasts of photo mode in games can learn about its impact and evolution over the years in an eight-page feature by contributor Jack Dean that includes insights from some of the best digital photographers in the hobby. 

The magazine also features previews for games such as Onimusha: Way of the Sword, Battlefield 6, Kirby Air Riders, Turok: Origins, Dragon Quest VII Reimagined, Lego Batman: Legacy of the Dark Knight, There Are No Ghosts at the Grand, and more! You can also read reviews for titles including Ghost of Yōtei, Borderlands 4, Hell is Us, and Sonic Racing: CrossWorlds. 

By subscribing to Game Informer, you’ll receive 10 issues a year in both physical and digital editions. We also offer a digital-only subscription for a reduced price.



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Hinako fighting an unknown person.
Product Reviews

Silent Hill f’s finicky combat doesn’t actually have to be an issue if you follow these cardinal rules

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If you’ve been following the lead-up to Silent Hill f’s release, then you’ve probably heard some not-so-great things about its combat. I’ll concede that the first few enemy encounters can feel bad, rusty-old-knife-getting-sunk-into-your-shoulder bad. But it does get better, especially once you realise that you can just ignore most of the monsters you come across.

I’m something of a magpie and a hoarder in survival horror games, which means that I collect every single item I come across and then never want to use them. So my solution to this has always been to rely on being as sneaky as possible and perfecting the art of the dodge. And just like most survival games, it works a charm: I found every single note, letter, item, and omamori in Silent Hill f, and I hardly killed a thing.

(Image credit: Konami)

One of the benefits of Silent Hill f being a third-person horror game is that you can play corners; I used this to check corners and alleyways before I walked around or past them. Not only did this save me from getting jumped by knife-wielding mannequins, but it also meant I could see when an enemy was approaching and then wait until it went past to make a move to the next location.


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The monsters in Silent Hill f really aren’t that smart, and they have pretty short lines of sight when it comes to pursuing you. If you decide to equip the Clam omamori, which will be the first charm you buy from the Shrine shop, then their line of sight will get even shorter, meaning turning a corner will be enough to permanently get them off your tail.

There were even moments when I passed a bunch of enemies and then ran a few paces down the street, only to look back and realise that they had all lost interest in me. You can outpace most of the monsters, so my advice is to go on the run. The only enemies that are worth fighting are the Glowing Monsters in Ebisugaoka and the faceless Shackled Monster in the Dark Shrine, as both of these can catch up to you.

(Image credit: Konami)

There will be areas in which you have to fight a bunch of monsters to unlock the next part, but these aren’t massively common, and the game will give you plenty of items before and after these sections to help you.

Instead of focusing on fighting, scan the map for helpful information and items that will make you stronger. You can sell items in every Shrine for faith, which is the currency in Silent Hill f that can allow you to buy omamori from the shop or upgrade your health, sanity, stamina, and carry number for omamori, although you’ll need an ema for upgrades as well.

Getting more omamori is a must. Here are some of the best ones to help you survive the latter stages of the game:

  • Clam – Decreases enemy line of sight.
  • Whale – You can’t be interrupted by a hit while healing.
  • Crow – Slightly restores health after each enemy defeated.
  • Spider – Greatly decreases weapon durability consumption for light attacks.
  • Suzuran – Perfect dodges become easier to perform.
  • Goat – Take less damage when facing multiple enemies.
  • Dolphin – Increase max sanity after a perfect dodge.
  • Owl – decreases sanity consumption while using Focus.
  • Sakura – Boosts health-restoring items and omamori.
  • Tanuki – Turns physical damage into sanity damage.

After the first couple of runs, I had maxed out my sanity, health, and stamina and also had upgraded to five omamori slots. I focused on making my weapons stronger with the Spider omamori and using less sanity consumption when using the focus ability with the Owl omamori. This meant that I ended up finishing the next three endings with the same starting knife each time, and I had so much stamina that dodging and fighting enemies became ridiculously easy.

But even after I was finished with my upgrades, I still didn’t seek out fights because that’s just not how you’re meant to explore Silent Hill f. If I decided to fight every single enemy I saw, I would still be on my second playthrough. So my advice for anyone entering Ebisugaoka for the first time would be to keep your head down, move methodically through each area, and use save points and line of sight to your advantage; you’ll have far fewer issues playing like this.



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Front panel of Audio Pro Addon C10 MkII wireless speakers on a white background
Product Reviews

Audio Pro Addon C10 MkII review: WiiM addition fixes the wireless speakers’ only minor issue

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We spend hours testing every product or service we review, so you can be sure you’re buying the best. Find out more about how we test.

Audio Pro Addon C10 MkII: Two -minute review

Update September 19, 2025: WiiM and Audio Pro have contacted TechRadar to clarify that contrary to the initial September 4 announcement about a big Audio Pro WiiM-powered wireless speaker rollout, Audio Pro’s new range of speakers aside from the C10 you’re reading about here and the new A10 should no longer be described as “powered by WiiM” and instead “powered by LinkPlay”, which is the parent company of WiiM. Audio Pro’s new speaker range does not integrate with the WiiM ecosystem, and does not have direct WiiM support.

The release states: “For further clarity, the only Audio Pro speakers that are powered by WiiM and integrated with the WiiM Home app are the A10 and C10, WiiM Edition speakers, available exclusively via WiiM’s Amazon storefront.”

To explore how WiiM compares to Sonos as a multi-room option, read this guide to the current state of both platforms. The rest of this review remains as written.

The Audio Pro Addon C10 MkII is a predictably good-looking wireless speaker with plenty going for it purely in design terms (as long as you’re OK with monochrome). It’s lost its handle and its Amazon Alexa voice control compared with the original model, but it’s gained a swanky new streaming platform (thanks, WiiM!) which offers an absolute stack of options where music sources and system flexibility are concerned.

Best of all, it’s a fine-sounding speaker that is able to extract an absolute stack of information from a recording and put it into convincing context. It’s punchy when it needs to be, it’s insightful, and it sounds a heck of a lot bigger than it looks. Deft control of the low frequencies, plenty of midrange articulacy and a winning way with dynamic variations all add to its sonic charm. If it was just a little more vibrant and exciting when the music demanded it, the Audio Pro Addon C10 MkII would be absolutely ideal, but it is nevertheless worthy of a place among the best wireless speakers out there.

(Image credit: Future / Simon Lucas)

  • Audio Pro Addon C10 MKII (White) at Amazon for $359.10

Audio Pro Addon C10 MkII review: Price and release date

  • Cost $360 / £259 / AU$699 (approx.)
  • Launched in 2021

When the Audio Pro Addon C10 MkII first launched back in 2021, it cost $450 / £329 / AU$749 (approx.).

Fast-forward to today, and not only has this product become even more compelling thanks to upgrades in its streaming support and smart features, but it’s also routinely available for $360 / £259 / AU$699 (approx.). It looks like rather than becoming outdated, the C10 MkII has matured and evolved…

Audio Pro Addon C10 MkII review: Features

  • 80 watts of power
  • Dual-band Wi-Fi and Bluetooth 4.2
  • Numerous streaming options

It’s fair to say that Bluetooth 4.2 with SBC and AAC codec compatibility is not the most inspiring specification for a wireless speaker in 2025. But what the Audio Pro Addon C10 MkII lacks in cutting-edge Bluetooth chops, it more than makes up for in its wireless network abilities.

The exemplary control app, which is now bolted to WiiM’s extremely well-regarded streaming platform, allows you to integrate a lot of music streaming services – and I mean a lot: Amazon and Apple Music, Deezer and Spotify, Qobuz and Tidal, QQ Music, iHeart Radio and vTuner, and plenty more besides. The C10 MkII is compatible with Apple AirPlay 2 and Google Chromecast, and the app allows the speaker to be half of a stereo pair or part of a multi-room system without any fuss whatsoever. It’s an extremely flexible device.

Once aboard, digital audio information is processed by a 24bit/96kHz DAC and then is breathed on by 80 watts of Class D amplification. A pair of 19mm tweeters get 20 watts of power each, and in between them there’s a 133mm midrange driver that receives the other 40 watts. This bigger driver is supported by a rear-facing vertical bass reflex port.

(Image credit: Future / Simon Lucas)

Audio Pro Addon C10 MkII review: Sound quality

(Image credit: Future / Simon Lucas)

  • Open, detailed and well-controlled sound
  • Great tonal balance and frequency response
  • Could sound a little more exciting

Yes, by the standards for $350-ish wireless speakers the Audio Pro Addon C10 MkII is quite large. But be assured the sound it creates is plenty larger than the cabinet it’s coming from.

The sort of scale the Audio Pro can invest in a FLAC file of Hookworms’ Negative Space is straightforwardly impressive. It can open the recording out and offer a proper sense of space at the same time, even though the point-source of sound is always obvious. The amount of dynamic headroom that’s available allows the speaker to track the ever-increasing intensity of the recording convincingly, and the control of the lowest frequencies is such that rhythmic expression is confident and naturalistic, too.

And as well as being controlled with real authority, the bottom end – like the rest of the frequency range – is loaded with detail and variation. The C10 MkII is no thumper – it hits good and hard at the low end, but is textured and tonally varied. The same is true at the opposite end, where treble sounds are bright and substantial, with plenty of information available regarding tone, attack and decay. Through the midrange, the Audio Pro is about as explicit and as eloquent as any device of its type and price I’ve heard. It communicates in absolute torrents.

The tonal balance is nicely judged – it’s not absolutely neutral, but the tiny suggestion of warmth (especially towards the bottom end) is almost certainly sensible in the context of the circumstances the C10 MkII will probably be used in. The evenness of the frequency response is splendid, too, giving measured and appropriate weighting to every part of the tonal range, without underplaying or overstating any particular area.

Really, about the only area of mild concern where the sound of this speaker is concerned has little to do with the specifics of performance – it’s more about attitude. For all of its undoubted dynamic potency and ability to paint a full and nicely detailed picture, the Audio Pro is not the most demonstrative listen.

It sounds quite like it looks: sophisticated, understated and in unarguable good taste. This, where audio quality is concerned, can be considered shorthand for ‘slight lack of excitement’. No one is interested in a feral loudspeaker, of course, but at those moments when a recording demands vigor and attack, I get the strong impression the C10 MkII thinks this kind of behavior is a little beneath it.

  • Sound quality score: 4.5 / 5

Audio Pro Addon C10 MkII review: Design

(Image credit: Future / Simon Lucas)

  • 165 x 320 x 185mm (HxWxD)
  • Black, white or gray matte finishes
  • Magnetically attached grille

The Audio Pro Addon C10 MkII is, by the standards of a ‘rectangular box’ wireless speaker, very nicely finished and actually quite elegant in an understated sort of way.

This is just as well – given the 165 x 320 x 185mm (HxWxD) dimensions, it could have very easily ended up looking a bit bulky. As it is, though, the standard of construction and finish, along with the unapologetically monotone options of black, gray or white matte colours, make for a very harmonious look. The magnetically attached grille helps with the clean look, too.

It’s a fairly sizeable proposition on the average desk, though, and the lack of a handle makes transporting its 4.3kg weight rather less easy than it might be. I can’t deny I’ve used the bass reflex port as a handle, but I can’t imagine Audio Pro would recommend it as an option…

Audio Pro Addon C10 MkII review: Usability and setup

(Image credit: Future / Simon Lucas)

  • Great control app, extensive physical controls
  • No voice control
  • Can easily be part of a multi-room set-up

Unlike the previous generation of C10, there’s no Amazon Alexa voice control here – there’s no voice control at all, in fact. You may count this as a negative, you may not, but there’s no denying that your other control options are very nicely realized indeed.

That WiiM-powered control app, as already mentioned, is stable, logical and slick in operation. As well as the ability to integrate a generous number of music streaming services and internet radio providers, it’s also where you can form a stereo pair or establish a multi-room system. There’s bass and treble adjustment, the ability to establish as many as half a dozen presets, input selection, the ability to check for firmware updates and various timer and alarm-clock functions.

The top surface of the cabinet features a selection of controls, too, embedded in a tactile steel plate. Power, volume, playback control and Bluetooth pairing are all available here, and access to the six presets you’ve defined in the control app are also available. There’s also a little LED giving confirmation of the selected input.

  • Usability and setup score: 4.5 / 5

Audio Pro Addon C10 MkII review: Value

(Image credit: Future / Simon Lucas)

  • Excellent standard of finish
  • Versatile streaming platform and app
  • Extras add up to value for money

Consider the standard of build and finish, and then consider the out-and-out sound quality. Take into account the great new WiiM-powered streaming platform and all its possibilities, from forming a true stereo pair to easily creating a multi-room system.

And then look around at what this kind of money can buy you from alternative brands. Yes, the Audio Pro Addon C10 MkII is very good value for money indeed.

Should you buy the Audio Pro Addon C10 MkII?

Swipe to scroll horizontallyAudio Pro Addon C10 MkII score card

Attributes

Notes

Rating

Features

Wi-Fi connectivity, Bluetooth (albeit 4.2 with SBC and AAC codec) and WiiM’s excellent streaming platform.

4.5 / 5

Sound quality

Open, detailed and well-controlled, but could be a little more exciting.

4.5 / 5

Design

Three possible matte finishes, sizeable with carry handle removed, magnetically attached grille.

5 / 5

Usability and setup

Great control app, extensive physical controls, can be part of a multi-room set-up.

4.5 / 5

Value

Not cheap, but extras provide added value to make the expense more than worth it.

4.5 / 5

Buy it if…

Don’t buy it if…

Audio Pro Addon C10 MkII: Also consider

How I tested the Audio Pro Addon C10 MkII

Because the C10 MkII is mains-powered rather than battery-powered, I listened to it exclusively in my home. It’s a bit big for a desktop speaker, but nevertheless I gave it a go – it was much more at home on a shelf in the lounge, though.

I listened to music from Tidal and Qobuz via the excellent control app, of many types and quite a few different file sizes. And I listened both critically and with the Audio Pro functioning simply as a ‘background’ device – and there were never less than thoroughly enjoyable.

  • First reviewed: July 2025

Audio Pro Addon C10 MKII: Price Comparison



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Skate Passes 2 Million Players As Dev Fixes A Major Issue
Game Updates

Skate Passes 2 Million Players As Dev Fixes A Major Issue

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A lot of people have played EA’s new Skate game since it launched on September 16. How many? According to the developers, the new Skate–the first in 15 years–reached more than 2 million players in its first 24 hours.

“Beyond stoked”

“We’re beyond stoked to welcome everyone to San Vansterdam! Thanks for your patience as we flex our servers to keep up with all the hype. Keep riding and we’ll see you out there!” the developer said.

Skate is a free-to-play game that’s available in early access across PC and console (and coming to iOS and Android later). There is no Switch 2 version.

While the game is free, EA is selling a Founder’s Pack ($25) and a Founder’s Pack Deluxe ($50) that include a variety of extras. Some early-access games raise prices when they reach 1.0, but when Skate’s 1.0 release comes in about a year, the game will remain free, EA has said.

Major issue fixed

Beyond the launch-day server struggles for Skate, one of the issues that players called out was a “soft lock” bug that prevented players from progressing beyond certain parts in the game. Many people were impacted by this issue, and developer Full Circle has now addressed it.

If you’re just getting started with the new Skate, check out the gallery below that covers a few things you need to know before dropping in.



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Crypto Trends

Native Markets Wins Right to Issue USDH

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Good Morning, Asia. Here’s what’s making news in the markets:

Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.

Hyperliquid’s validator community has chosen Native Markets to issue USDH, ending a weeklong contest that drew proposals from Paxos, Frax, Sky (ex-MakerDAO), Agora, and others.

Native Markets, co-founded by former Uniswap Labs president MC Lader, researcher Anish Agnihotri, and early Hyperliquid backer Max Fiege, said it will begin rolling out USDH “within days,” according to a post by Fiege on X.

Native Markets has been awarded the USDH ticker on Hyperliquid.

Thank you to all HYPE stakers and network validators for their time and effort in reviewing the proposals put forward.

— max.hl (@fiege_max) September 14, 2025

According to onchain trackers, Native Markets’ proposal took approximately 70% of validators’ votes, while Paxos took 20%, and Ethena came in at 3.2%.

The staged launch starts with capped mints and redemptions, followed by a USDH/USDC spot pair before caps are lifted.

USDH is designed to challenge Circle’s USDC, which currently dominates Hyperliquid with nearly $6 billion in deposits, or about 7.5% of its supply. USDC and other stablecoins will remain supported if they meet liquidity and HYPE staking requirements.

Most rival bidders had promised to channel stablecoin yields back to the ecosystem with Paxos via HYPE buybacks, Frax through direct user yield, and Sky with a 4.85% savings rate plus a $25 million “Genesis Star” project.

Native Markets’ pitch instead stressed credibility, trading experience, and validator alignment.

Market Movement

BTC: BTC has recently reclaimed the $115,000 level, helped by inflows into ETFs, easing U.S. inflation data, and growing expectations for interest rate cuts. Also, technical momentum is picking up, though resistance sits around $116,000, according to CoinDesk’s market insights bot.

ETH: ETH is trading above $4600. The price is being buoyed by strong ETF inflows.

Gold: Gold continues to trade near record highs as traders eye dollar weakness on expected Fed rate cuts.

Elsewhere in Crypto:

  • Pakistan’s crypto regulator invites crypto firms to get licensed, serve 40 million local users (The Block)
  • Inside the IRS’s Expanding Surveillance of Crypto Investors (Decrypt)
  • Massachusetts State Attorney General Alleges Kalshi Violating Sports Gambling Laws (CoinDesk)





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Gaming Gear

Instagram fixed an issue that caused posting multiple Stories to tank your reach

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Instagram fixed a bug that caused the reach of some users’ Stories to shrink when they posted more than one Story a day, Instagram head Adam Mosseri shared on Friday. The fix addresses a common complaint shared by creators in the last year that they were disincentivized to use Stories because of how regularly using the feature impacted the number of people who actually saw their posts.

“People were complaining about getting less reach with their Stories if they posted lots of Stories in the same day,” Mosseri said in a video announcing the change. “That is not at all the intended behavior of Instagram.” Fixing the bug doesn’t mean every Story you add will be watched, but Mosseri says posting multiple Stories a day won’t negatively impact the reach of your Stories overall, especially your first Story.

For anyone who primarily uses Instagram to keep up with their friends, the change might not matter all that much. But much like YouTube, Instagram is an increasingly professionalized platform where people post in the hopes of expanding their reach and earning a living off their content. That creates an interesting dynamic between Mosseri’s regular announcements and users trying to suss out the nuances of the platform’s algorithm. For every new feature, like adding of comments to Stories, there’s subtler tweaks that can totally change creators’ content strategy.





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007 First Light PC Gamer magazine
Gaming Gear

PC Gamer magazine’s new issue is on sale now: 007 First Light

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This month PC Gamer gets world-exclusive access to 007 First Light, IO Interactive’s exciting new James Bond game. From the company behind the Hitman series, this third-person action-adventure game places gamers in the shoes of a young James Bond before he has earned his 00 status, with the agent needing to go on a globe-trotting adventure to fulfil his mission. And, from what we’ve seen so far, First Light is shaping up to be the first game in well over a decade that delivers the genuine James Bond dream of being a suave, slick-talking and fast-shooting super spy. First Light seems to be coming with a licence to thrill!

(Image credit: Future)

Our features in this issue don’t stop there, though, as we’ve also got two other great long reads. First, we have a deep-dive into Raw Fury, the publishing house that is now famous for its exceptional indie catalogue of games. To get the inside scoop on Raw Fury’s approach to the gaming industry, discover the secret of its success, and find out what hot indie new games it has coming down the line, PC Gamer speaks directly to the publisher’s CEO Pim Holfve, as well as the firm’s beloved dog, Ponyo.

(Image credit: Future)

(Image credit: Future)

Then, secondly, PC Gamer delivers the ultimate one-stop shop of need-to-know information on Phantom Blade Zero, the awesome new wuxia action role-playing game developed and published by Chinese game maker S-GAME. For this, PC Gamer travels to China, goes inside S-GAME’s development studio, and speaks directly to the game’s director, Qiwei ‘Soulframe’ Liang, about his vision and why Phantom Blade Zero is definitely not a Soulslike. This is one to watch, that’s for sure.


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(Image credit: Future)

Next, in terms of previews, we go hands-on with the suitably epic new action-RPG, Titan Quest II, get shrunk down to miniature size to deliver our early verdict on survival-crafting game Grounded 2, as well as go hands-on with Aether & Iron, Killer Inn, He Is Coming, Marvel Cosmic Invasion, The Ratline, Formula Legends, A Pretty Broken Adventure, Exekiller, and Riftstorm.

(Image credit: Future)

Meanwhile, in terms of reviews, the PC Gamer scoring machine delivers verdicts on the Unreal Engine 5-powered Metal Gear Solid Delta: Snake Eater, as well as Destiny 2: The Edge of Fate, Ninja Gaiden: Ragebound, Mafia: The Old Country, and Heretic + Hexen, among others.

(Image credit: Future)

(Image credit: Future)

All that plus a big group test of the best PCIe 5.0 SSDs on the market today, a reinstall of the now ancient hidden PC-exclusive gem, Drakan: Order of the Flame, a shenanigans-filled commencement of our new diary following the misadventures of Crispin the Preposterous, Oblivion Remastered foremost illusionist, an exploration of the truly excellent Smash Remix mod for Super Smash Bros., a deep dive into why The Elder Scrolls III: Morrowind’s town of Balmora is such an iconic location in fantasy RPGs, a tips and tricks guide to surviving being eaten by giant bugs in Grounded 2, a look at Final Fantasy XIV’s patch 7.25 update, a fresh dispatch from The Spy, a dramatic end to the PCG Investigator, Dick Ray-Tracing, and much more too. Enjoy the issue!

Our exclusive subscriber’s cover. (Image credit: Future)

Issue 414 is on shelves now and available on all your digital devices from the App Store and Zinio. You can also order directly from Magazines Direct or purchase a subscription to save yourself some cash, receive monthly deliveries, and get incredibly stylish subscriber-only covers.

Enjoy the issue!



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VersaBank Kicks Off Tokenized Dollar Deposit Pilot Using Algorand, Ethereum and Stellar
Crypto Trends

Joins Race to Issue Hyperliquid’s USDH Stablecoin With BlackRock-Backed Token

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Decentralized finance protocol Ethena ENA$0.6692 submitted Tuesday a proposal to issue Hyperliquid’s upcoming stablecoin, joining a bidding race that has already attracted a slew of companies like Paxos, Sky, Frax and Agora.

The token would be fully backed by Ethena’s USDtb, a stablecoin issued with federally chartered bank Anchorage Digital and fully backed by BUIDL, the tokenized money market fund by asset management giant BlackRock and Securitize.

“We are excited to enable Ethena’s USDtb, which is 100% backed by BUIDL and uniquely positioned to offer institutional grade cash management as well as on-chain liquidity to Hyperliquid users,” said Robert Mitchnick, Blackrock’s head of digital assets, in the proposal.

If adopted, Ethena pledged that 95% of net revenue from USDH reserves would flow back to the Hyperliquid ecosystem, the proposal said. Ethena also said it would cover the costs of migrating existing USDC trading pairs on Hyperliquid to USDH to ease adoption.

The proposal comes as competition to win the issuance of Hyperliquid’s USDH stablecoin is intensifies. The decentralized exchange executed almost $400 billion in perpetuals trading volume last month, making it an attractive market for stablecoin providers to corner. Sky (formerly MakerDAO), Paxos, Sky, Frax, Agora and Native Markets threw their hat in the ring. Validators are set to vote on proposals on September 14.

Read more: Sky Pitches Genius-Compliant USDH Stablecoin With $8B Balance Sheet and 4.85% Yield



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Gaming Gear

Google says reports of a major Gmail security issue are ‘entirely false’

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Google is officially debunking a series of reports that claimed Gmail has been hit with a “major” security issue in recent days. “We want to reassure our users that Gmail’s protections are strong and effective,” the company said in a somewhat unusual statement. “Several inaccurate claims surfaced recently that incorrectly stated that we issued a broad warning to all Gmail users about a major Gmail security issue. This is entirely false.”

Google doesn’t detail the erroneous claims in its post. But, as Forbes points out, it seems to be referring to several recent reports that stated the company issued an “emergency warning” to all of its 2.5 billion users in response to a phishing attack that targeted a Salesforce instance used by the company. That incident, however, was first reported by Google in early June, and the company said in an August 8 update that it had finished notifying everyone affected.

It’s not clear why that report resurfaced now or how it was misconstrued into a supposed warning impacting all Gmail users, but Google is now trying to set the record straight. “While it’s always the case that phishers are looking for ways to infiltrate inboxes, our protections continue to block more than 99.9% of phishing and malware attempts from reaching users,” the company said. “It’s crucial that conversation in this space is accurate and factual.”

Google also notes that it encourages all users to set up “a secure password alternative,” such as a passkey for maximum protection.



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