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De-fi platform Drift suspends deposits and withdrawals after millions in crypto stolen in hack | TechCrunch

De-fi platform Drift suspends deposits and withdrawals after millions in crypto stolen in hack | TechCrunch

Decentralized finance company Drift says it has suspended withdrawals and deposits after confirming a security incident. 

The crypto platform said in a post on X that it was “experiencing an active attack,” and that it was working to “contain the incident.”

Security researchers and public blockchain data suggest the losses could be significant. Blockchain security firm CertiK said on X that hackers may have stolen around $136 million, while crypto analytics firm Arkham put the figure at around $285 million stolen.

If confirmed, this would make the Drift hack the largest crypto theft of the year, according to the Rekt leaderboard, a site that tracks crypto thefts by size.

It’s not clear who is behind the attack, and a spokesperson for Drift did not immediately respond to a request for comment.

Security firms say North Korea was behind the most crypto thefts last year, netting at least $2 billion in stolen cryptocurrency, funds the regime is believed to use to finance its nuclear weapons program and skirt international sanctions that restrict its access to the global financial system.

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#Defi #platform #Drift #suspends #deposits #withdrawals #millions #crypto #stolen #hack #TechCrunch

Thanks to EU regulations, gadgets with user-replaceable batteries are making a comeback, as my colleague Dominic Preston wrote recently. Starting on that February 2027 date, EU rules mandate that many types of gadgets, including portable game consoles, must allow users to relatively easily remove and replace their batteries.

Nintendo doesn’t specify exactly what it will change with this new version of the Switch 2 to make battery replacements easier — currently, taking out the battery in the Switch 2 is an involved, multi-step process, as shown by iFixit. It’s also unclear if a revised model with a replaceable battery will be available in other regions. Nintendo didn’t immediately reply to a request for comment.

On its website, Nintendo says that, “For current products with model numbers starting with ‘BEE’” — which is used with the Switch 2, as shown in Nintendo’s filings with the FCC — “future compliant versions will have unique model numbers and the additional code ‘OSM’ visible on the packaging, designating them as separate products for regulatory purposes.” Switch 2 controllers like the Pro Controller and the Joy-Cons also carry the BEE moniker, and we’ve asked Nintendo if those will have user-replaceable batteries as well.

#Nintendo #confirms #sell #Switch #replaceable #batteryEntertainment,Gaming,News,Nintendo,Policy">Nintendo confirms it will sell a new Switch 2 with replaceable battery in the EUNintendo is planning to launch versions of Switch 2 hardware in the EU that will let users easily replace the battery. To meet its obligations from a new EU regulation that’s set to go into effect on February 18th, 2027, Nintendo says on its website that it is “implementing measures to comply with these requirements by preparing versions of products to meet the Regulation.”Thanks to EU regulations, gadgets with user-replaceable batteries are making a comeback, as my colleague Dominic Preston wrote recently. Starting on that February 2027 date, EU rules mandate that many types of gadgets, including portable game consoles, must allow users to relatively easily remove and replace their batteries.Nintendo doesn’t specify exactly what it will change with this new version of the Switch 2 to make battery replacements easier — currently, taking out the battery in the Switch 2 is an involved, multi-step process, as shown by iFixit. It’s also unclear if a revised model with a replaceable battery will be available in other regions. Nintendo didn’t immediately reply to a request for comment.On its website, Nintendo says that, “For current products with model numbers starting with ‘BEE’” — which is used with the Switch 2, as shown in Nintendo’s filings with the FCC — “future compliant versions will have unique model numbers and the additional code ‘OSM’ visible on the packaging, designating them as separate products for regulatory purposes.” Switch 2 controllers like the Pro Controller and the Joy-Cons also carry the BEE moniker, and we’ve asked Nintendo if those will have user-replaceable batteries as well.#Nintendo #confirms #sell #Switch #replaceable #batteryEntertainment,Gaming,News,Nintendo,Policy

on its website that it is “implementing measures to comply with these requirements by preparing versions of products to meet the Regulation.”

Thanks to EU regulations, gadgets with user-replaceable batteries are making a comeback, as my colleague Dominic Preston wrote recently. Starting on that February 2027 date, EU rules mandate that many types of gadgets, including portable game consoles, must allow users to relatively easily remove and replace their batteries.

Nintendo doesn’t specify exactly what it will change with this new version of the Switch 2 to make battery replacements easier — currently, taking out the battery in the Switch 2 is an involved, multi-step process, as shown by iFixit. It’s also unclear if a revised model with a replaceable battery will be available in other regions. Nintendo didn’t immediately reply to a request for comment.

On its website, Nintendo says that, “For current products with model numbers starting with ‘BEE’” — which is used with the Switch 2, as shown in Nintendo’s filings with the FCC — “future compliant versions will have unique model numbers and the additional code ‘OSM’ visible on the packaging, designating them as separate products for regulatory purposes.” Switch 2 controllers like the Pro Controller and the Joy-Cons also carry the BEE moniker, and we’ve asked Nintendo if those will have user-replaceable batteries as well.

#Nintendo #confirms #sell #Switch #replaceable #batteryEntertainment,Gaming,News,Nintendo,Policy">Nintendo confirms it will sell a new Switch 2 with replaceable battery in the EU

Nintendo is planning to launch versions of Switch 2 hardware in the EU that will let users easily replace the battery. To meet its obligations from a new EU regulation that’s set to go into effect on February 18th, 2027, Nintendo says on its website that it is “implementing measures to comply with these requirements by preparing versions of products to meet the Regulation.”

Thanks to EU regulations, gadgets with user-replaceable batteries are making a comeback, as my colleague Dominic Preston wrote recently. Starting on that February 2027 date, EU rules mandate that many types of gadgets, including portable game consoles, must allow users to relatively easily remove and replace their batteries.

Nintendo doesn’t specify exactly what it will change with this new version of the Switch 2 to make battery replacements easier — currently, taking out the battery in the Switch 2 is an involved, multi-step process, as shown by iFixit. It’s also unclear if a revised model with a replaceable battery will be available in other regions. Nintendo didn’t immediately reply to a request for comment.

On its website, Nintendo says that, “For current products with model numbers starting with ‘BEE’” — which is used with the Switch 2, as shown in Nintendo’s filings with the FCC — “future compliant versions will have unique model numbers and the additional code ‘OSM’ visible on the packaging, designating them as separate products for regulatory purposes.” Switch 2 controllers like the Pro Controller and the Joy-Cons also carry the BEE moniker, and we’ve asked Nintendo if those will have user-replaceable batteries as well.

#Nintendo #confirms #sell #Switch #replaceable #batteryEntertainment,Gaming,News,Nintendo,Policy
Lovable and Google announced an expanded multiyear collaboration on Wednesday. Lovable, the fast-growing Stockholm vibe-coding startup, has long been a Google Cloud user. Under the new agreement, it will be a much bigger one.

While the companies did not disclose the dollar figure, a person with knowledge of the deal tells TechCrunch it involves a fivefold increase in Lovable’s footprint on Google Cloud, including AI usage. As part of the deal, this individual tells us, Lovable will gain expanded access to both Anthropic’s Claude — the AI model widely used for coding tasks — and Google’s own Gemini models.

The Anthropic piece in particular is interesting. Google invested $10 billion in Anthropic in cash and compute credits in April, promising another $30 billion if Anthropic hits certain performance targets. It made that investment at a $350 billion valuation — just one month before Anthropic raised a staggering $65 billion round that valued the company at nearly $1 trillion. This deal stands to help Anthropic hit those targets, because Lovable is one of Europe’s fastest-growing startups on record. According to Lovable, it crossed $400 million in annualized revenue in February, having added $100 million in a single month with just 146 employees. The company claims that more than half of Fortune 500 companies use its product in some fashion.

The deal also plugs Lovable into several other parts of Google’s ecosystem. Lovable’s new agent will be available through Google Cloud’s enterprise agent marketplace, the Gemini Enterprise Agent Gallery — an arrangement the two companies first telegraphed at Google’s major U.S. cloud conference in April. And to help secure the code that both humans and agents write, Lovable will integrate with Wiz, Google’s biggest ever acquisition at $32 billion, which officially closed in March, a year after it was announced. The integration will allow Wiz to identify and remediate security problems in real time.

By selling Lovable’s agents through Google’s marketplace, the cloud giant says enterprise procurement and billing will be simplified, making it easier for Lovable to land more enterprise customers.

The calculus for Google is simple enough. If it can keep both Lovable and Anthropic growing by attracting deep-pocketed enterprises, the revenue helps fund the $180 billion to $190 billion in capital expenditures Google plans to spend this year. The company is already in the process of selling a record-breaking $85 billion in equity to cover some of that, so only another $100 billion or so to go.

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

#Lovable #signs #multiyear #deal #Google #Cloud #usage #source #TechCrunchAnthropic,google cloud,Lovable">Lovable signs multiyear deal with Google Cloud to up usage 5x, source says | TechCrunch
Lovable and Google announced an expanded multiyear collaboration on Wednesday. Lovable, the fast-growing Stockholm vibe-coding startup, has long been a Google Cloud user. Under the new agreement, it will be a much bigger one.

While the companies did not disclose the dollar figure, a person with knowledge of the deal tells TechCrunch it involves a fivefold increase in Lovable’s footprint on Google Cloud, including AI usage. As part of the deal, this individual tells us, Lovable will gain expanded access to both Anthropic’s Claude — the AI model widely used for coding tasks — and Google’s own Gemini models.







The Anthropic piece in particular is interesting. Google invested  billion in Anthropic in cash and compute credits in April, promising another  billion if Anthropic hits certain performance targets. It made that investment at a 0 billion valuation — just one month before Anthropic raised a staggering  billion round that valued the company at nearly  trillion. This deal stands to help Anthropic hit those targets, because Lovable is one of Europe’s fastest-growing startups on record. According to Lovable, it crossed 0 million in annualized revenue in February, having added 0 million in a single month with just 146 employees. The company claims that more than half of Fortune 500 companies use its product in some fashion.

The deal also plugs Lovable into several other parts of Google’s ecosystem. Lovable’s new agent will be available through Google Cloud’s enterprise agent marketplace, the Gemini Enterprise Agent Gallery — an arrangement the two companies first telegraphed at Google’s major U.S. cloud conference in April. And to help secure the code that both humans and agents write, Lovable will integrate with Wiz, Google’s biggest ever acquisition at  billion, which officially closed in March, a year after it was announced. The integration will allow Wiz to identify and remediate security problems in real time.

By selling Lovable’s agents through Google’s marketplace, the cloud giant says enterprise procurement and billing will be simplified, making it easier for Lovable to land more enterprise customers.

The calculus for Google is simple enough. If it can keep both Lovable and Anthropic growing by attracting deep-pocketed enterprises, the revenue helps fund the 0 billion to 0 billion in capital expenditures Google plans to spend this year. The company is already in the process of selling a record-breaking  billion in equity to cover some of that, so only another 0 billion or so to go.



When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.#Lovable #signs #multiyear #deal #Google #Cloud #usage #source #TechCrunchAnthropic,google cloud,Lovable

announced an expanded multiyear collaboration on Wednesday. Lovable, the fast-growing Stockholm vibe-coding startup, has long been a Google Cloud user. Under the new agreement, it will be a much bigger one.

While the companies did not disclose the dollar figure, a person with knowledge of the deal tells TechCrunch it involves a fivefold increase in Lovable’s footprint on Google Cloud, including AI usage. As part of the deal, this individual tells us, Lovable will gain expanded access to both Anthropic’s Claude — the AI model widely used for coding tasks — and Google’s own Gemini models.

The Anthropic piece in particular is interesting. Google invested $10 billion in Anthropic in cash and compute credits in April, promising another $30 billion if Anthropic hits certain performance targets. It made that investment at a $350 billion valuation — just one month before Anthropic raised a staggering $65 billion round that valued the company at nearly $1 trillion. This deal stands to help Anthropic hit those targets, because Lovable is one of Europe’s fastest-growing startups on record. According to Lovable, it crossed $400 million in annualized revenue in February, having added $100 million in a single month with just 146 employees. The company claims that more than half of Fortune 500 companies use its product in some fashion.

The deal also plugs Lovable into several other parts of Google’s ecosystem. Lovable’s new agent will be available through Google Cloud’s enterprise agent marketplace, the Gemini Enterprise Agent Gallery — an arrangement the two companies first telegraphed at Google’s major U.S. cloud conference in April. And to help secure the code that both humans and agents write, Lovable will integrate with Wiz, Google’s biggest ever acquisition at $32 billion, which officially closed in March, a year after it was announced. The integration will allow Wiz to identify and remediate security problems in real time.

By selling Lovable’s agents through Google’s marketplace, the cloud giant says enterprise procurement and billing will be simplified, making it easier for Lovable to land more enterprise customers.

The calculus for Google is simple enough. If it can keep both Lovable and Anthropic growing by attracting deep-pocketed enterprises, the revenue helps fund the $180 billion to $190 billion in capital expenditures Google plans to spend this year. The company is already in the process of selling a record-breaking $85 billion in equity to cover some of that, so only another $100 billion or so to go.

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

#Lovable #signs #multiyear #deal #Google #Cloud #usage #source #TechCrunchAnthropic,google cloud,Lovable">Lovable signs multiyear deal with Google Cloud to up usage 5x, source says | TechCrunch

Lovable and Google announced an expanded multiyear collaboration on Wednesday. Lovable, the fast-growing Stockholm vibe-coding startup, has long been a Google Cloud user. Under the new agreement, it will be a much bigger one.

While the companies did not disclose the dollar figure, a person with knowledge of the deal tells TechCrunch it involves a fivefold increase in Lovable’s footprint on Google Cloud, including AI usage. As part of the deal, this individual tells us, Lovable will gain expanded access to both Anthropic’s Claude — the AI model widely used for coding tasks — and Google’s own Gemini models.

The Anthropic piece in particular is interesting. Google invested $10 billion in Anthropic in cash and compute credits in April, promising another $30 billion if Anthropic hits certain performance targets. It made that investment at a $350 billion valuation — just one month before Anthropic raised a staggering $65 billion round that valued the company at nearly $1 trillion. This deal stands to help Anthropic hit those targets, because Lovable is one of Europe’s fastest-growing startups on record. According to Lovable, it crossed $400 million in annualized revenue in February, having added $100 million in a single month with just 146 employees. The company claims that more than half of Fortune 500 companies use its product in some fashion.

The deal also plugs Lovable into several other parts of Google’s ecosystem. Lovable’s new agent will be available through Google Cloud’s enterprise agent marketplace, the Gemini Enterprise Agent Gallery — an arrangement the two companies first telegraphed at Google’s major U.S. cloud conference in April. And to help secure the code that both humans and agents write, Lovable will integrate with Wiz, Google’s biggest ever acquisition at $32 billion, which officially closed in March, a year after it was announced. The integration will allow Wiz to identify and remediate security problems in real time.

By selling Lovable’s agents through Google’s marketplace, the cloud giant says enterprise procurement and billing will be simplified, making it easier for Lovable to land more enterprise customers.

The calculus for Google is simple enough. If it can keep both Lovable and Anthropic growing by attracting deep-pocketed enterprises, the revenue helps fund the $180 billion to $190 billion in capital expenditures Google plans to spend this year. The company is already in the process of selling a record-breaking $85 billion in equity to cover some of that, so only another $100 billion or so to go.

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

#Lovable #signs #multiyear #deal #Google #Cloud #usage #source #TechCrunchAnthropic,google cloud,Lovable

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