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Games & Commerce

AliExpress suffers 8.6 billion won seller settlement hack due to OTP security flaw

AliExpress was later found to have lost about 8.6 billion won in seller settlement funds in a large-scale hacking incident that occurred last October, after a hacker exploited a vulnerability in the password-recovery OTP process. The hacker accessed 107 seller accounts and changed settlement accounts for 83 of them, stealing about $6 million. AliExpress Korea said it blocked the access, paid sellers in full and that no customer or consumer data was leaked.

Crypto

Financial turmoil if alien life confirmed, bitcoin could surge

A former Bank of England analyst said modern financial markets could face unprecedented turmoil if the existence of extraterrestrial life is officially confirmed, potentially driving a surge in demand for cryptocurrencies as safe-haven alternatives. In a reported letter to Governor Andrew Bailey, Helen McCaw warned of extreme volatility, bank runs and payment system disruptions. She said gold could lose value, while bitcoin may gain as a decentralised asset when trust in fiat money falters.

AI & Enterprise

Nvidia RTX 5090 prices soar amid shortages

Nvidia's RTX 5090 graphics card has all but disappeared from the U.S. and some overseas markets, as consumers face extremely high prices and scarce stock, TechRadar reported. Third-party sellers list the card at $3,500 to around $4,000, while major U.S. retailers are not selling stock directly. Some consumers see buying a high-end prebuilt gaming PC with the RTX 5090 as more economical, even considering dismantling systems to obtain the GPU.