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Crypto

Necta Group raises $5 million seed funding for HoneyB bitcoin yield platform

Necta Group, which develops the HoneyB bitcoin yield platform, has raised $5 million in a seed funding round. The Block reported that Portal Ventures led the investment, joined by Pier Venture Partners, Anchorage Digital Ventures, family offices and angel investors. Necta Group received the investment through a SAFE structure with token warrants on a one-to-one basis. HoneyB lets bitcoin holders borrow stablecoins against bitcoin and invest in assets including U.S. Treasuries.

Telecommunications & Media

2026 state audit puts PHP security, LG Uplus hacking cover-up allegations and AI policy in spotlight

Lawmakers grilled officials at a parliamentary audit over the government’s response to PHP security flaws, the decision-making process for a 4.7 trillion won frontier AI project and allegations LG Uplus covered up a hacking incident. The science ministry said it would prepare cross-government security measures and pursue regulatory improvements to foster the AI industry. LG Uplus said it would take appropriate responsibility if the allegations are confirmed.

AI & Enterprise

Cybersecurity experts outline how to respond to PHP vulnerabilities

Two critical vulnerabilities have been found in PHP infrastructure used by about 70 percent of websites worldwide, prompting warnings that ordinary users should also prepare for possible personal data leaks. OpenAI found the flaws while researching with its AI models, Business Insider reported. The U.S. National Security Agency warned one flaw could be used to steal sensitive data, disrupt services and penetrate deeper into networks. Experts and industry figures urged prompt updates and stronger account security.