Malicious Hugging Face Models Could Trigger Remote Code Execution

Organizations using vulnerable versions of the Hugging Face Transformers library could unknowingly execute attacker-controlled code simply by loading a malicious AI model. Researchers at Pluto disclosed a remote code execution (RCE) vulnerability that bypasses the library’s built-in trust_remote_code=False security control, potentially exposing cloud credentials, SSH keys, API tokens, and other sensitive assets. “One poisoned field…

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Bank of Russia Confirms September Rollout for Digital Ruble, With Top Banks ‘Ready and Connected’

Key Takeaways Alla Bakina confirmed that 12 major banks are ready to offer digital ruble services starting September 1. Shifting Russia’s payment market, the digital ruble will deploy across a 9-million-outlet QR network. Roman Artyukhin stated the Treasury is ready to expand CBDC utility after processing 35,000 rubles. Central Bank of Russia: Russian Banks Ready…

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Crypto-Funded Chinese Peptide Labs Are Booming

Meta has been quietly stashing dormant face recognition code on more than 50 million phones, WIRED reported this week, tucked inside the companion app that pairs with its Ray-Ban and Oakley smart glasses. If activated, the feature—known internally as NameTag—would let wearers identify people in front of them by matching captured faces against a biometric…

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6 Senators Challenge 1,250% Bitcoin Capital Rule They Say Blocks Banks From Crypto

Key Takeaways Senators urged regulators to revisit digital asset capital standards affecting banks. The disputed 1,250% risk weight can require capital equal to exposure. Potential rule changes could reshape institutional participation in bitcoin markets. Senate Pressure Builds Over Bank Rules That Could Shape Bitcoin Access U.S. senators disclosed on June 4 a renewed push to…

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