‘Crypto exchange FTX lost at least €970 million in customer funds’
Reuters reports that crypto exchange FTX is missing more than €970 million in customer funds. Founder and CEO Bankman-Fried allegedly moved as much as €9.7 billion to his own investment company.
The founder previously transferred $10 billion in customer funds to Alameda Research, a personal ... Read more
Brussels sets eyes on EU cryptocurrency tax
Officials have met to decide on an EU-wide cryptocurrency tax.
The European Commission will shortly start discussions with the union's treasuries to determine if the cryptocurrency market warrants a single EU tax structure.
As nations pursue various tax and rate structures for the expanding m... Read more
Google Cloud partners with cryptocurrency exchange Coinbase
Google Cloud announces a strategic partnership with Coinbase, a leading cryptocurrency exchange.
Cloud technology and cryptocurrency go hand-in-hand. In order to get the most out of the growing market, Google Cloud recently announced a strategic partnership with Coinbase, a leading cryptocurren... Read more
Cybercriminals steal nearly €600 million in hack on Binance BNB Chain
Cybercriminals captured about €586 million ($570 million) in a hack on Binance. The hack was possibly caused by a flaw in a software tool for automatically executing transactions.
The hack allowed the cybercriminals to steal 2 million BNB, Binance's own cryptocurrency. 2 million BNB has a mark... Read more
SandboxAQ acquires Cryptosense to enhance post-quantum cryptography
SanboxAQ is acquiring Cryptosense to enhance the cybersecurity and encryption capabilities of its post-quantum cryptography solution.
SandboxAQ is a quantum computing developer that was founded at Alphabet and became an independent company last March. Only six months into its operations, Sandbox... Read more
GPU shortage gives way to surplus as recession fears slow demand
Nvidia, one of the world's leading providers of memory modules, is warning investors that a slowdown in demand has created a glut of memory chips on the market, according to a report in Ars Technica.
A year ago, it was nearly impossible to buy a GeForce GPU for its intended retail price. Nvidia ... Read more
Sysdig integrates machine learning to detect cryptojacking attempts
Container security firm Sysdig introduced ML-powered cloud detection to help businesses deal with cryptojacking threats.
Sysdig announced its latest machine-learning-backed response capability and cloud detection that can aid companies in dealing with various cryptojacking threats and vulnerabil... Read more
As cryptocurrency plunges, GPU prices fall even further
Graphical processing unit (GPU) prices are dropping steadily due to the cryptocurrency crash. Multiple models are on offer for prices that seemed like bargains five months ago.
Cryptocurrency is going through a tough year. Bitcoin (BTC) dropped over 50 percent since the beginning of this year, ... Read more
Panchan malware spreads across networks through Linux servers
The peer-to-peer Panchan malware spreads throughout educational institutes using Linux servers to mine cryptocurrencies.
Discovered by Akamai researchers in March, the virus spreads using stolen SSH keys and operates its cryptomining malware in devices' memory. Instead of stealing intellectual p... Read more
HubSpot was hacked, data of companies leaked
HubSpot has been hit by a hacking attack. Hackers managed to steal data from about 30 customers. Especially crypto companies were affected.
According to the supplier of CRM solutions, hackers managed to penetrate the systems via a compromised account of an employee. This gave them access to cust... Read more