Managing a non-profit organization’s supply chain with Groovy
Sep04

Managing a non-profit organization’s supply chain with Groovy

There are many reasons I’m a big fan of Java, but perhaps most of all, because of the particular combo of static typing and object-orientedness that imbues its design. However, when I need a quick solution, especially to a “solve it and forget it” problem dealing with data, I usually reach for Groovy (or sometimes Python) instead, especially if the library that addresses my problem exists and is well-documented. read...

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The FBI Botched Its DNC Hack Warning in 2016—but Says It Won’t Next Time

Facing looming election threats and a ransomware epidemic, the bureau says it has revamped its process for warning hacking victims. Powered by WPeMatico

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Major South Korean Crypto Exchange Raided by Police in Alleged $25.2M Fraud Case
Sep03

Major South Korean Crypto Exchange Raided by Police in Alleged $25.2M Fraud Case

South Korean police raided the country’s largest cryptocurrency exchange, Bithumb on September 2 as part of an investigation of fraud allegedly committed by the organization’s main shareholder. With the recorded number of visitors to the platform touching 4.11 million between May and July, Bithumb is the largest exchange in the country. According to a local publication, the Seoul Metropolitan Police Agency’s...

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Canaan Cuts Losses for Second Successive Quarter, Down To $2.4M in Q2; Demand Remains Weak
Sep03

Canaan Cuts Losses for Second Successive Quarter, Down To $2.4M in Q2; Demand Remains Weak

Canaan Creative, the Chinese maker of bitcoin mining hardware, reported a net loss of $2.4 million during the second quarter of 2020, down from $5.6 million in the previous quarter. It is the second consecutive quarter of narrowing losses for the firm, hit hard by falling demand amid the Covid-19-induced global recession. For the three months to June 30, revenue soared 160% to $25.2 million from $9.6 million the quarter before, driven...

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US Hopes to Confiscate $400M: DoJ Files Forfeiture Judgment Against Onecoin Launderer
Sep03

US Hopes to Confiscate $400M: DoJ Files Forfeiture Judgment Against Onecoin Launderer

Prosecutors from the Southern District of New York (SDNY) court have submitted a “forfeiture money judgment” against the former attorney Mark Scott. The lawyer was charged with helping the Ponzi scheme Onecoin launder funds. The U.S. Department of Justice (DoJ) claims that Scott helped launder $400 million and the entity hopes to seize his current assets. On August 31, attorneys from the SDNY court and members of the DoJ...

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