MIT Technology Review identified nearly two dozen Telegram channels selling tools that defeat KYC facial recognition, enabling scammers to create fraudulent mule accounts at banks and crypto exchanges. Two outlets covered this, and it's the most consequential piece of the day.
technologySaturday, July 4, 2026
Telegram tools bypass bank KYC security
Today's biggest story is a deep investigation into how cybercriminals are using illicit tools sold on Telegram to bypass banks' facial recognition security. It's a concrete, documented threat that exposes a gap in financial security. Meanwhile, a critical RCE vulnerability in Progress Kemp LoadMaster is being actively exploited, and the memory chip shortage has Elon Musk and Tim Cook issuing rare joint warnings.
Security threats
Two serious security stories broke today, one about crimeware and one about a critical infrastructure vulnerability.
CVE-2026-8037 is a critical unauthenticated RCE in Progress Kemp LoadMaster with a CVSS score of 9.6, and it's being actively exploited. LoadMaster appliances sit at the edge of enterprise networks, so this is a patch-immediately situation.
Hardware shortages
The memory chip shortage is escalating, drawing rare aligned warnings from two tech titans.
Tim Cook called the memory chip shortage a 'hundred-year flood' and Musk said it's the biggest price jump he's ever seen. The shortage is already driving up consumer prices on Apple products and others.
Also today17
Bloomberg Terminal Is Ugly and Clunky—Everyone Still Uses Itoztalking.com- Agentic coding notes from Galapogos Islanddanluu.com
How to Use Twitter X with Changes: A Guide for Longtime Usersinspiretothrive.com
Why do South Koreans love AI so much?www.technologyreview.com
Human Rights Experts Should Engage in Age Assurance Standardswww.techpolicy.press
The Code Was in Git. The AI Conversations TO Implement it,Was Gonecstu.io
How much Uber pays employees, from data scientists to engineerswww.businessinsider.com
Uber pays many of its employees, including data scientists and software engineers, close to $300,000 per year, with some roles earning even more, according to H-1B visa data. The article analyzes federal visa filings to reveal compensation levels across various positions at the c
Rocket Report: Indian startup nears first launch; SpaceX's millenary milestonearstechnica.com
This edition of the Rocket Report newsletter covers the latest developments in the space launch industry. It highlights an Indian startup nearing its first orbital launch attempt and SpaceX achieving a significant milestone of 100 successful launches and landings of its Falcon 9
The Third-Party Exposure Trap: Why Your Security Is Only As Strong As Your Weakest Vendor'sundercodetesting.com
This article analyzes the growing cybersecurity threat of third-party and supply chain vulnerabilities, using a ransomware attack on a major Japanese manufacturer as a case study. It argues that cybercriminals are increasingly targeting the digital infrastructure of technology pr
T-Mobile discontinues key offers, pushing customers to pay morebit.ly
T-Mobile is discontinuing several longtime wireless plans, automatically migrating affected customers to its Go5G Plus plan. While the previous migration from Magenta, ONE Plus, and Sprint Max plans did not result in a price increase, customers criticized the move as a bait-and-s
A psychiatrist reflects on life with AI.www.psychologytoday.com
A psychiatrist reflects on the psychological and philosophical implications of interacting with AI, drawing parallels between technological evolution and human selfhood. The piece explores how AI interactions activate deep psychological responses, and argues that the true signifi
How Elon Musk Became More Powerful Than Everwww.theatlantic.com
This article is a podcast episode transcript from "Galaxy Brain" hosted by Charlie Warzel, featuring historians Quinn Slobodian and technology writer Ben Tarnoff — authors of "Muskism: A Guide for the Perplexed." They analyze the ideology, business strategy, and political influen
GM's EV strategy is under pressurewww.miramarflnews.com
General Motors retained the top spot in U.S. auto sales for Q2 but experienced a 4.2% year-over-year decline, with a particularly sharp drop in EV sales. GM attributes the decline to a shrinking EV market and economic uncertainty, while also failing to capitalize on the surge in
The Quantum-Powered Future Conflicts and Pakistan’s Readinessstratheia.com
The article examines the emerging role of quantum technologies in future warfare, particularly within the South Asian context of the India-Pakistan strategic rivalry. It argues that while quantum computing is still in its infancy, both nations are racing to develop capabilities f
'A wild testament to the obscene bloat and waste of GenAI': Google's electricity consumption is…www.pcgamer.com
The article examines Google's rising electricity consumption driven by its massive investment in generative AI infrastructure, drawing on data analyst Ketan Joshi's analysis of Google's environmental report. It argues that the energy demands of GenAI are contributing to climate c
Notice the rules you follow, pause, then shape your life.www.psychologytoday.com
This essay uses the rule-based behavior of Pac-Man ghosts as a metaphor for how humans unconsciously follow fixed rules and scripts in their own lives. It explores the concept of rule-based agents in early game design and turns it inward, prompting readers to notice the automatic
Astro Teller runt een uitvindersfabriek: 'Radicale innovatie bestaat niet zonder speelsheid'www.tijd.be
Profiel van Astro Teller, de Amerikaanse computerwetenschapper die door Google werd gevraagd om een 'uitvindersfabriek' (X) te bouwen. Sinds 2010 testte hij duizenden radicale ideeën, waarvan 99% faalde — zoals het hoort volgens Teller. Het artikel beschrijft zijn visie op innova