On May 5, Microsoft announced that Skype will ring for the last time as the company discontinues support for the service that transformed the way international calls were made over two decades. This decision marks a strategic turning point in digital communications, shifting the focus toward Microsoft Teams $MSFT.

History and Impact of Skype

Launched in 2003, Skype quickly became synonymous with audio and video calls, revolutionizing communication by replacing traditional landlines during the early 2000s. With hundreds of millions of users at its peak, Skype set a new standard for global connectivity. However, as technology evolved and mobile devices became ubiquitous, Skype’s underlying technology began to show its age and struggled to meet modern expectations.

The Federal Bureau of Investigation (FBI) has made a staggering announcement, accusing North Korea of one of the largest cyber heists in recent history. This audacious theft led to the loss of $1.5 billion in virtual assets stolen from the cryptocurrency exchange ByBit. This incident underscores the rising threat of North Korean cyberattacks and prompts a critical analysis of security within the digital finance world.

Operation "TraderTraitor" Details of the Attack

According to FBI officials, the North Korean cyberattack, known as "TraderTraitor," was executed on an unprecedented scale.

1. Rapid conversion of stolen funds into Bitcoin $BTCUSD   

Last week, global financial markets experienced a shock due to a significant drop in Bitcoin's $BTCUSD value. This decline was influenced by several factors, including economic concerns in the United States and a recent hacker attack on the Bybit exchange, further undermining investor confidence. Let's take a closer look at how these events affected the crypto industry and the Bitcoin market situation.  

Bitcoin and Economic Uncertainty  

Today's financial world is especially sensitive to various external factors. One of the reasons that impacted Bitcoin's price drop was economic concerns in the US related to tariffs and company results, such as Nvidia $NVDA. Such changes make investors reconsider their strategies and treat risky assets, including Bitcoin, more cautiously.  

A significant ruling from Brazil's Supreme Court has caught the American video platform Rumble $RUM off guard. Favored by right-leaning influencers, Rumble now finds itself under intense scrutiny for refusing to block a Brazilian streamer’s account. This decision mirrors measures previously taken against Elon Musk’s platform X, reflecting the court's strict stance on adherence to judicial orders.

The Court's Decision and Its Background

On Friday, Judge Alexandre de Moraes—who previously presided over the case involving platform X—ordered the suspension of Rumble's operations in Brazil until the company complies with several critical requirements. This ruling was issued in response to Rumble's failure to comply with earlier judicial directives, prompting the court to take decisive action.