Hackers Target Porn Site Visitors Using Flash and Internet Explorer
Plus: Ransomware holds up schools, Zoom adds two-factor, and more of the week’s top security news. Powered by...
Tether Recovers $1 Million USDT Sent to Wrong Defi Address by Chinese Traders
Tether has recovered and returned $1 million worth of USDT to a group of Chinese traders who, in error, sent the funds to a wrong decentralized finance (defi) address. On September 8, the group, going under the moniker ‘Bill,’ “accidentally” transferred the money to a Swerve token contract and could not retrieve it. In desperation, the over-the-counter traders sent out an SOS on Twitter, and hoped for the best outcome. They were in...
Bitcoin Hashrate Ramps to 130 Exahash Amid Next-Generation Miner Shortage
Regional reports from China have highlighted that a number of major Chinese ASIC mining rig manufacturers have sold out of their next-generation model stock. The shrinking supply of high-performance machines may be due to the shortage of 7nm and 8nm chips from TSMC and Samsung. Bitcoin miners are finding it difficult to obtain next-generation application-specific integrated circuit (ASIC) mining rigs after a number of firms have sold...
Morgan Stanley Strategist Recommends Bitcoin as Central Banks Ramp Up Money Printing
Morgan Stanley Investment Management’s chief strategist and head of emerging markets has recommended bitcoin as an alternative investment to stocks amid central banks’ massive money printing policies. He says that alternative assets, like gold and cryptocurrency, could keep doing well while stocks struggle. Morgan Stanley’s Strategist Discusses Stocks, Gold, and Bitcoin Head of Emerging Markets and Chief Global Strategist at Morgan...
US Sanctions Russians Allegedly Using Cryptocurrency to Influence Presidential Election
The U.S. has sanctioned several Russian nationals, a Ukrainian lawmaker, and their cryptocurrency addresses for interfering with the country’s electoral process. The Russians are allegedly employees of a troll factory that previously targeted presidential candidates. Operations to Interfere With U.S. Elections The U.S. Department of the Treasury announced Thursday that its Office of Foreign Assets Control (OFAC) has “designated four...
