Crypto market maker Wintermute has suffered a significant cyberattack that saw the culprits manage to steal $160 million worth of digital assets. In a Twitter thread(opens in new tab), company CEO Evgeny Gaevoy said that…
Life
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Computing giant IBM(opens in new tab) has confirmed it will officially “wind down” its Russian business amid the continued war in Ukraine. The firm had suspended its business operations in Russia back in March 2022, days after…
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Useful for identifying cryptocurrency wallets and for facilitating crypto transactions in the metaverse, a blockchain domain is an easy-to-remember address for sending and receiving cryptocurrency, making transactions as easy as sending an email. They are…
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SoftBank has a bit of a conundrum on its hands, after failing to sell British chipmaker Arm to Nvidia for around $40 billion earlier this year. The Japanese company has since pivoted to running an initial public…
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Chipmaker Broadcom has confirmed its takeover of software giant VMware, confirming earlier reports of an imminent deal. The $61 billion cash and stock deal “advances Broadcom’s strategy to build the world’s leading infrastructure technology company,…
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New York lawmakers have passed a bill that would temporarily ban new bitcoin mining operations. Early on Friday, state senators voted 36-27 to pass the legislation. It’s now bound for the desk of Governor Kathy Hochul, who will…
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Cyber crime
FTC says victims of crypto scams have lost more than $1 billion since 2021
by 9SIX61 viewsThe world of crypto continues to draw scam artists and fraud. People have reported losing a combined total of over $1 billion due to crypto scams since the beginning of 2021, according to an…
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The possible end to cryptocurrency mining on the latest and greatest GPUs seems to be looming, as Ethereum’s long-in-the-making move to Proof of Stake is poised to finally advance this Summer. Speaking at blockchain and…
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While the cloud might seem like a magical invention, a lot of physical infrastructure is needed to support fast connections to the internet. Greece and Saudi Arabia have announced a joint venture to lay…
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Tesla (TSLA) gave an update on its Bitcoin holding in a new SEC filing – confirming that it now holds $1.99 billion in the cryptocurrency. Early in 2021, Tesla invested $1.5 billion in Bitcoin. Shortly…