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THE DAILY INDEX

Technology, AI, software, security, crypto and business

Across today’s newsletters

Today’s Index

HACKERS LEAK 5.1 MILLION PANERA BREAD RECORDS

Extortion group ShinyHunters stole roughly 14 million records from Panera Bread by compromising a Microsoft Entra SSO code, then leaked a 760GB archive after failed ransom demands. The dump includes 5.1 million unique customer email addresses, along with names, addresses, and phone numbers, creating significant downstream risk of phishing, credential stuffing, and identity-based attacks that can extend far beyond Panera's ecosystem.

BITCOIN REBOUNDS ABOVE $78,500

Bitcoin rebounded 4.2% to $78,662 late Monday after falling to approximately $75,000 earlier in the day, with Ethereum rising 5.86% to $2,322, though analysts characterized the move as a technical relief bounce rather than the start of a sustained recovery. Multiple analysts attributed the rebound to post-liquidation short covering, oversold conditions, and mechanical correlation with broader risk assets following an improved ISM print and US equity stabilization, rather than crypto-specific catalysts or renewed spot-led inflows. The recent sell-off was triggered by renewed repricing of US interest rate expectations amid hawkish Federal Reserve signals and uncertainty surrounding the upcoming Fed chair nomination. If the Warsh-driven hawkish Fed narrative continues to underpin a firm dollar and elevated yields, the move is more likely a stabilization bounce than a trend resumption.

IN SURPRISING MOVE, HP CEO STEPS DOWN TO LEAD PAYPAL

HP CEO Enrique Lores will replace PayPal's previous CEO, Alex Chriss, starting March 1. Lores has served on the PayPal board for nearly five years and as Board Chair since July 2024. HP was reportedly blindsided by the decision, which was only communicated to the company's board in recent weeks. Lores worked at HP for 36 years, joining the company as an engineering intern. HP has named board member Bruce Broussard as interim CEO.

DATA CENTERS IN SPACE MAKES NO SENSE

Data centers in space face massive challenges such as radiation, cooling, latency, and launch costs. There are other fundamental issues that make them unfeasible: competing in the market would require launching hundreds of thousands, if not millions, of satellites into space, and satellites can't be upgraded at scale. Data centers in space only make sense if they are cost-effective relative to normal data centers. The idea makes less and less sense with every improvement in normal energy production.

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