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Hackers expose donor data from Russian fundraisers for Ukrainians, political prisoners
Hackers breached the Stripe-WooCommerce integrations of Russian fundraisers Davayte and You Are Not Alone, exposing donor emails and partial card details.
Unknown hackers accessed the payment accounts of two Russian fundraising projects, Davayte and You Are Not Alone, in mid-August via a shared Stripe-WooCommerce integration used to run online auctions. Exposed data included donor email addresses and, in some cases, the last four digits of payment cards and issuing bank names; full card numbers, cardholder names, and donation details were not taken. Stripe blocked the unauthorized access before the entire donor email database could be downloaded and found no evidence of fraudulent transactions. Attribution remains unclear, with organizers unable to rule out Russian security services; both groups are designated 'undesirable' organizations in Russia, making donor identities sensitive, and a separate alleged leak of data from 669 Stripe merchants by a hacker named 'Satanic' has no confirmed connection.
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Armored Likho expands its cyber-espionage toolkit
Kaspersky reports the Armored Likho espionage group now delivers its new Still Toolkit via fundraising-themed lures to steal Telegram data and eavesdrop on victims.
Kaspersky researchers describe a new campaign by the Armored Likho espionage actor. The campaign masquerades as fundraising efforts and delivers a newly developed Still Toolkit designed to steal Telegram data and eavesdrop on victims. The update expands the group's toolkit and continues its espionage-focused targeting.
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Cognition hits $48B valuation, signaling investors believe AI coding is far from a winner-take-all market
Cognition, maker of Devin, raised $2 billion at a $48 billion valuation led by a16z, Accel, and Founders Fund, with revenue at $900M annualized.
Cognition raised $2 billion at a $48 billion valuation, four months after a $26 billion round, led by Andreessen Horowitz, Accel, Founders Fund, General Catalyst, and Avenir. Its annualized run-rate revenue grew from $492 million to $900 million since May, with projected $4-5 billion by end of 2026, while compute costs could push 2026 burn to $800 million. The startup, founded by Scott Wu, counts Mercedes-Benz, NASA, Goldman Sachs, and Citi as customers and is training its own model to cut reliance on OpenAI and Anthropic.
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Accel reportedly in talks to lead $1B round for Thinking Machines at $40B valuation
Thinking Machines, Mira Murati's AI lab, is in talks to raise $1 billion at a $40 billion valuation, with Accel reportedly leading.
Thinking Machines, the AI lab founded by former OpenAI CTO Mira Murati, is negotiating a $1 billion round at a valuation of at least $40 billion, below the $50 billion it reportedly sought last year. The company's annual revenue run rate exceeds $100 million, mostly from usage-based compute fees for its open-weight Inkling model adapted on the Tinker platform. Its prior $2 billion seed round, led by Andreessen Horowitz with Nvidia, GV, Lightspeed, and Conviction Partners, valued it at $12 billion. Several co-founders, including Lilian Weng and Luke Metz, have since returned to OpenAI.
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