🚨 2.9 Billion Records Stolen By Hackers

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Hey Waivly Crew! 🌊 In today’s edition, National Public Data confirms a major data breach, leaking sensitive personal information. Meanwhile, X announces it’s closing operations in Brazil over a censorship row.

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Here’s what’s on the horizon today:

• National Public Data confirms massive data breach

• X suspends business in Brazil over censorship row

• Revolut valued at $45 billion in share sale

Let’s dive in!

STORIES MAKING A SPLASH

^_TECH
National Public Data confirms massive data breach

National Public Data (NPD), a company specializing in reselling personal data for background checks, has confirmed a major data breach. The breach leaked sensitive information including names, Social Security numbers, and addresses. For months, dark web forums have showcased and sold data purportedly stolen from NPD, with no official response from the company until recently.

This week, NPD issued a Security Incident page revealing limited details but leaving many questions unanswered. The breach is said to involve 2.9 billion rows of data, though inconsistencies in the data's linkage to individuals have been noted by security experts, including Have I Been Pwned's Troy Hunt.

NPD has stated that it is cooperating with law enforcement and conducting a review of affected records. The company promises to notify individuals of any further significant developments.

^_TECH
X suspends business in Brazil over censorship row

X, formerly known as Twitter, announced it’s closing its operations in Brazil, though the platform will remain accessible to users. The decision follows a legal battle with Brazil’s Supreme Court Justice Alexandre de Moraes, who demanded certain accounts be blocked as part of an investigation into election disinformation.

X stated that Moraes threatened to arrest their legal representative in Brazil if they didn't comply with his orders. To ensure staff safety, X decided to shut down its Brazilian operations immediately.

Despite this, X remains accessible in Brazil. The conflict involves accounts linked to a pastor, a parliamentarian, and others targeted by Moraes. Earlier this year, Moraes launched a criminal inquiry into Elon Musk after Musk initially refused to comply with a court order to restrict these accounts, though X later agreed to block them.

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^_FINANCE
Revolut valued at $45 billion in share sale

Revolut has announced a new valuation of $45 billion following a secondary market share sale. This update comes shortly after the neobank secured banking licenses in the U.K. and Mexico, cementing its status as one of Europe’s most valuable private tech firms.

Founded in London in 2015, Revolut offers a wide range of services, including multi-currency accounts, payments, crypto products, and insurance. It has expanded globally beyond the U.K. to Europe and the U.S., and now boasts 45 million customers.

The company's valuation had fluctuated, with speculation last year suggesting it might have dropped to around $20 billion. However, driven by record profits and strong user growth, Revolut's valuation has rebounded. The secondary share sale aimed to provide employee liquidity and saw participation from major investors like Coatue, Tiger Global, and D1 Capital Partners.

CREATOR SPECIAL

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Travis

Travis is the founder of Dapphub, a user-friendly browser that offers safe and easy access to the decentralized web. With just three clicks, you can explore apps, manage digital wallets, and protect your privacy.

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Ke Zhang

Ke Zhang spent over 600 days developing Fread, a meticulously crafted Mastodon client with a seamless UI and nearly every expected feature. Dedicated to continuous improvement, Zhang plans to add support for more protocols like Bluesky in the future.

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THE WAVES

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Discover more Waves in the Waivly Community. Click here to get onboard and join the community! 🌊

SAIL INTO A NEW CAREER

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Waivly Work Highlights

👩‍💻 Inbound Business Development Manager at Magic

👩‍💻 Business Development Lead at Kayzen

👩‍💻 Middle QA Engineer at GR8 Tech

👩‍💻 Account Executive at Invisible

BACK TO THE SHORE

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