Crypto giant Coinbase warns of US$400 million hit from cyberattack, refuses to pay ransom

Overlap, a startup in the Y Combinator S24 batch, is looking to hire new team members. The post links to a Hacker News discussion where people can comment or ask questions about the roles.

What This Mean: If you're in the tech or startup world and looking for a new opportunity, this could be worth checking out—especially if you're interested in working with a YC-backed company. Hiring posts like this often signal growth, so it’s a good sign for Overlap’s momentum. Plus, the HN thread might give you a feel for the company culture or open roles.

** Google just dropped some big AI upgrades at its I/O event that could totally revamp your online shopping experience—if they actually deliver. Imagine asking your phone, "Find me a summer dress under $50 that works for a beach wedding," and getting personalized recommendations without scrolling through endless listings. The new AI Mode promises smarter product searches, price-comparison superpowers, and even real-time deal alerts. But let’s be real: flashy demos don’t always translate to real-world magic.

What This Mean: ** Online shopping is kind of a mess—cluttered results, fake reviews, decision fatigue. If Google’s AI can cut through the noise, it’d be a game-changer for both shoppers and retailers. But skepticism’s healthy here: past tech promises have fizzled, and privacy concerns loom. Worth watching, but maybe don’t cancel your Amazon Prime yet.

** Amazon’s Prime Air drone delivery service is no longer just a futuristic concept—it’s now dropping off high-value Apple products like iPhones and AirTags to customers in select test areas. The program, which has been slowly expanding, is proving that drones can handle delicate, expensive items while speeding up deliveries. It’s a big step forward for the tech, even if it’s still limited to a handful of lucky neighborhoods.

What This Mean: ** Drone delivery has long felt like sci-fi, but Amazon’s latest move shows it’s inching closer to reality. Delivering pricier gadgets like iPhones isn’t just a flashy demo—it signals that the company trusts the system with high-stakes shipments. For now, it’s a niche service, but if it scales, it could reshape how we think about fast, contactless deliveries (and maybe even cut down on porch piracy).

A new pair of premium wireless headphones—already topping our reviews over Sony’s popular WH-1000XM6—is now up for grabs in the US after debuting elsewhere. Shipments start in just a few weeks, so audiophiles won’t have to wait long.

What This Mean: If you’ve been holding out for a high-end audio upgrade, this could be your moment. The buzz suggests these might dethrone Sony’s flagship model, which has dominated the noise-canceling headphone game for years. For tech enthusiasts and shoppers, it’s a big deal—new competition usually means better features, prices, or both.

** Hong Kong has officially passed a new law regulating stablecoins—digital currencies pegged to stable assets like the US dollar. The legislation creates a licensing system for issuers, aiming to balance innovation with consumer protection. The head of the city’s monetary authority called the framework "risk-based, pragmatic, and flexible," signaling a cautious but welcoming approach to crypto.

What This Mean: ** This isn’t just bureaucratic fine print—it’s a big step for Hong Kong’s ambitions as a crypto hub. By setting clear rules, the city is trying to attract legitimate players while keeping scams and instability in check. For everyday investors, it means more confidence in stablecoins, but also tighter oversight. Watch this space: it could shape how other regions handle crypto, too.