A Group of Young Cybercriminals Poses the ‘Most Imminent Threat’ of Cyberattacks Right Now
The Scattered Spider hacking group has caused chaos among retailers, insurers, and airlines in recent months. Researchers warn that its flexible structure poses challenges for defense. Powered by...
One Big Beautiful Bill Narrowly Passes Senate
The controversial bill now heads to the House of Representatives where it will also likely be vigorously debated. Close Call: Controversial ‘One Big Beautiful Bill’ Barely Clears Senate U.S. President Donald Trump’s so-called “one big beautiful bill (OBBB),” narrowly eked out a victory after both opponents and proponents of the president’s marquee legislation were left […] Powered by...
Hut 8 Secures Major Power Contracts in Canada
Hut 8 Corp announced on July 2 that its subsidiary, Far North Power Corp, has secured five-year capacity contracts with the Ontario Independent Electricity System Operator (IESO). Hut 8 Joint Venture Entity Wins IESO Auction The energy infrastructure platform Hut 8 Corp announced on July 2 that its entity Far North Power Corp has secured […] Powered by...
US Crypto Exchanges a ‘Blind Spot’ in North Korea Laundering Scheme
North Korean developers, operating as fake freelancers, have reportedly amassed over $16.5 million this year by infiltrating crypto and traditional tech companies, according to crypto sleuth ZachXBT. U.S. Exchanges Used to Launder Funds According to online crypto scam investigator ZachXBT, a total of $16.58 million has been paid to North Koreans hired as developers at […] Powered by...
Palmer Luckey and Peter Thiel Back New Bank Erebor to Fill Gap Left by Silicon Valley Bank
A group of tech billionaires, led by Palmer Luckey, co-founder of military contractor Anduril, is preparing to launch a new bank named Erebor, aimed at filling the gap left by Silicon Valley Bank (SVB) for start-ups, including those in the cryptocurrency sector. Backed by high-profile investors such as Peter Thiel’s Founders Fund and Joe Lonsdale […] Powered by...