Things To Do In SW Florida

By GABE LEVIN

DUBAI, United Arab Emirates (AP) — Hackers with possible links to Israel have drained more than $90 million from Nobitex, Iran’s largest cryptocurrency exchange, according to blockchain analytics firms.

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The group that claimed responsibility for the hack leaked on Thursday what it said was the company’s full source code. “ASSETS LEFT IN NOBITEX ARE NOW ENTIRELY OUT IN THE OPEN,” the group wrote on its Telegram account.

The stolen funds were transferred to addresses bearing messages that criticized Iran’s Revolutionary Guard, Blockchain analytics firm Elliptic wrote in a blog post. It said the attack likely was not financially motivated as the wallets the hackers had poured the money into “effectively burned the funds in order to send Nobitex a political message.” read more

By CORA LEWIS and ADRIANA MORGA

NEW YORK (AP) — Millions of Americans are seeing their credit scores drop now that the U.S. government has resumed referring missed student loan payments for debt collection. But there are things you can do to help your score rebound.

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  People on the move

Courtney Alev, consumer advocate at Credit Karma, said it’s understandable that people have missed payments because of the mixed messages around student loans.

“We’re really at a moment of enormous empathy for the consumer,” she said. “But now it’s critical to make a plan.”

The U.S. Department of Education paused federal student loan payments in March 2020, offering borrowers relief during the economic chaos of the coronavirus pandemic. read more

By BARBARA ORTUTAY, AP Technology Writer

WASHINGTON (AP) — President Donald Trump on Thursday signed an executive order to keep TikTok running in the U.S. for another 90 days to give his administration more time to broker a deal to bring the social media platform under American ownership.

Trump disclosed the executive order on the Truth Social platform Thursday morning.

“He’s making an extension so we can get this deal done,” White House press secretary Karoline Leavitt told reporters on Thursday. “It’s wildly popular. He also wants to protect Americans’ data and privacy concerns on this app. And he believes we can do both at the same time.”

It is the third time Trump has extended the deadline. The first one was through an executive order on Jan. 20, his first day in office, after the platform went dark briefly when a national ban — approved by Congress and upheld by the U.S. Supreme Court — took effect. The second was in April when White House officials believed they were nearing a deal to spin off TikTok into a new company with U.S. ownership that fell apart after China backed out following Trump’s tariff announcement. read more

By PAUL WISEMAN, AP Economics Writer

WASHINGTON (AP) — Farmers, cattle ranchers and hotel and restaurant managers breathed a sigh of relief last week when President Donald Trump ordered a pause to immigration raids that were disrupting those industries and scaring foreign-born workers off the job.

“There was finally a sense of calm,’’ said Rebecca Shi, CEO of the American Business Immigration Coalition.

That respite didn’t last long.

On Wednesday, Assistant Secretary of the Department of Homeland Security Tricia McLaughlin declared, “There will be no safe spaces for industries who harbor violent criminals or purposely try to undermine (immigration enforcement) efforts. Worksite enforcement remains a cornerstone of our efforts to safeguard public safety, national security and economic stability.’’

The flipflop baffled businesses trying to figure out the government’s actual policy, and Shi says now “there’s fear and worry once more.”

“That’s not a way to run business when your employees are at this level of stress and trauma,” she said. read more

Boards of directors

Brian Fery, partner at Cole, Scott & Kissane, was appointed to the UCP of Central Florida board of directors.

Sadia Sewnauth, market development manager for Florida Blue, was appointed to the UCP of Central Florida board of directors.

Education

Rae Mair was appointed embedded learning librarian serving the College of Community Innovation and Education for the University of Central Florida Libraries.

Real estate

Derec G. Sylvia has joined NAI Realvest, Orlando, as an associate.

Trip Parker has joined Premier Sotheby’s International Realty, Central Florida.

Submit professional appointments, management-level promotions and significant awards for individuals, along with photos as .jpg attachments, to peopleonmove@orlandosentinel.com.