Janet Jackson’s ‘Rhythm Nation’ Can Crash Old Hard Drives

Plus: The Twilio hack snags a reporter, a new tool to check for spyware, and the Canadian weed pipeline gets hit by a cyberattack. Powered by...

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Moscow Exchange Prepares to List Digital Financial Assets by Year End
Aug21

Moscow Exchange Prepares to List Digital Financial Assets by Year End

Russia’s largest market for equities, bonds, and derivatives, the Moscow Exchange, intends to launch a product based on digital financial assets by the end of the year, an executive has revealed. The trading platform is already working with a partner to organize the placement of digital tokens. Russia’s Top Exchange to Facilitate Trading of Financial Instruments Based on Digital Assets Releasing a product based on digital financial...

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US Authorities Warn of ‘Pig Butchering’ Crypto Scam Becoming Alarmingly Popular
Aug21

US Authorities Warn of ‘Pig Butchering’ Crypto Scam Becoming Alarmingly Popular

U.S. authorities have warned about the rising popularity of a crypto scam known as “pig butchering.” The Federal Bureau of Investigation (FBI) explained: “The fraud is named for the way scammers feed their victims with promises of romance and riches before cutting them off and taking all their money.” ‘Pig Butchering’ Crypto Scam on the Rise U.S. authorities have been warning about a type of cryptocurrency scam called “pig butchering”...

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FDIC Issues Crypto-Related Cease and Desist Orders to 5 Companies Including FTX US Exchange
Aug21

FDIC Issues Crypto-Related Cease and Desist Orders to 5 Companies Including FTX US Exchange

The Federal Deposit Insurance Corporation (FDIC) has sent a cease and desist letter to five companies, including crypto exchange FTX US. CEO Sam Bankman-Fried explained that FTX does not have FDIC insurance, stating: “We never meant otherwise, and apologize if anyone misinterpreted it … to be clear FTX US isn’t FDIC insured.” FDIC Orders 5 Firms to Cease and Desist The Federal Deposit Insurance Corporation (FDIC) issued crypto-related...

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Leading Japanese Online Broker SBI to Pull Out of Russia’s Crypto Mining Sector
Aug21

Leading Japanese Online Broker SBI to Pull Out of Russia’s Crypto Mining Sector

SBI Holdings, the largest online brokerage in Japan, is shutting down its crypto mining business in the Russian Federation. Amid mounting uncertainty over the future of such investments due to the ongoing conflict in Ukraine, as well as decreased mining profits, the financial firm said it plans to sell its equipment and withdraw. Japan’s SBI Broker to Complete Withdrawal From Russian Mining Industry Access to low-cost power and...

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