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October 22, 2021

Cybersecurity

Ethereum had a rough September. Here’s why and how it’s being fixed

CNBC
CNBC – For more and to sign up click here September was a rough month for crypto investors, in particular for those betting big on ether, the token tied to the ethereum blockchain. Ether dropped 13% for the month, its second-biggest monthly decline in the past year, behind only a......

Cybersecurity chief Jen Easterly on ransomware, election security

CBS News
CBS News – For more and to sign up click here Cybersecurity chief Jen Easterly on ransomware, election security – CBS News Watch CBSN Live With cyberattacks on the rise and hackers demanding millions in ransom, cybersecurity has gained new urgency. Chief White House correspondent Nancy Cordes speaks with Jen......

El Salvador just started mining bitcoin with volcanoes for the first time ever – and they’ve already made $269

CNBC
CNBC – For more and to sign up click here El Salvador has mined 0.00599179 bitcoin, or about $269, with power harnessed from a volcano. President Nayib Bukele – who has banked his political future on a nationwide bitcoin experiment – tweeted early Friday morning that this is the country’s......

DeFi bug accidentally gives $90 million to users, founder begs them to return it

CNBC
CNBC – For more and to sign up click here Zoom In IconArrows pointing outwards About $90.1 million has mistakenly gone out to users of popular DeFi staking protocol Compound after an upgrade gone epically wrong. Now, the founder is making a plea — and issuing a few threats —......

Affirm says crypto investing will soon be available to customers with savings accounts

CNBC
CNBC – For more and to sign up click here A shopper looks through clothes on her iPad device. Source: Twenty/20 Affirm, an online lender that helped popularize the “buy now, pay later” business model before moving deeper into banking, just became the latest fintech company to hop on the......

U.S. should do ‘exact opposite’ of China on crypto, says Andreessen Horowitz’s Katie Haun

CNBC
CNBC – For more and to sign up click here Katie Haun, Andreessen Horowitz general partner. Source: Andreessen Horowitz In considering how to regulate the crypto industry, the U.S. should look to China for what not to do, said Katie Haun, a partner at Andreessen Horowitz. “This is an opportunity......

Tech’s turbulence could be a ‘really good buying opportunity’ for these rate-resistant groups, trader says

CNBC
CNBC – For more and to sign up click here It may be time to take advantage of the dips in technology stocks, one trader says. Tech names got some reprieve in Wednesday’s trading from a sharp sell-off Tuesday fueled by rising Treasury yields, but investors may want to use......

Russia arrests top cybersecurity executive in treason case

Reuters
Ilya Sachkov, head of Russia’s Group IB cybersecurity company, is seen in a car in Moscow, Russia November 9, 2018. Picture taken November 9, 2018. REUTERS/Shamil Zhumatov/Files Founder of cybersecurity firm accused of state treason Executive faces up to 20 years jail, denies charge, TASS says Arrest sends chill through......

Tesla CEO Elon Musk says U.S. government should avoid regulating crypto

CNBC
CNBC – For more and to sign up click here Tesla CEO Elon Musk on Tuesday said the U.S. government should steer clear of trying to regulate the crypto market. “It is not possible to, I think, destroy crypto, but it is possible for governments to slow down its advancement,”......

China- and Hong Kong-based bitcoin holders scrambling to protect their crypto assets

CNBC
CNBC – For more and to sign up click here A Bitcoin ATM in Hong Kong. S3studio | Getty Images Some crypto holders in China and Hong Kong are scrambling to find a way to safeguard their bitcoin and other tokens after China’s central bank published a new document Friday......

Op-ed: Apple’s power move to kneecap Facebook advertising is working

CNBC
CNBC – For more and to sign up click here The following is a selection from Big Technology, a newsletter by Alex Kantrowitz. To get it in your inbox each week, you can sign up here. Facebook this week dispatched its high-level executives to ask customers to hang in there. They......

BlackBerry beats quarterly revenue expectations on cybersecurity boost

Reuters
The Blackberry logo is seen on a smartphone in front of a displayed stock graph in this illustration taken February 5, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Sept 22 (Reuters) – Canada’s BlackBerry Ltd (BB.TO) beat Wall Street estimates for second-quarter revenue on Wednesday amid strong demand for its cybersecurity and Internet......

The FCC is trying to stop robocalls, but the scammers won’t disappear

CNBC
CNBC – For more and to sign up click here Rafael Abdrakhmanov | iStock | Getty Images From fake social security calls to scammers impersonating Apple or Amazon, anyone with a cellphone or landline is no stranger to robocalls. For decades, robocall scammers have graced phones and voicemails across the......

FEC says Twitter acted lawfully in restricting the New York Post’s article on Hunter Biden

CNBC
CNBC – For more and to sign up click here U.S. Vice President Joe Biden (R) points to some faces in the crowd with his son Hunter as they walk down Pennsylvania Avenue following the inauguration ceremony of President Barack Obama in Washington, January 20, 2009. Carlos Barria | Reuters......

Chinese regulators summon 11 ride-hailing firms, including Didi, over ‘illegal behavior’

CNBC
CNBC – For more and to sign up click here Budrul Chukrut | LightRocket | Getty Images GUANGZHOU, China — Chinese regulators have summoned and interviewed 11 ride-hailing firms asking them to rectify non-compliant behavior. The Ministry of Transport, along with a number of other regulators including the Cyberspace Administration......

FTC bars alleged ‘stalkerware’ executive from the surveillance business

CNBC
CNBC – For more and to sign up click here Lina Khan, commissioner of the Federal Trade Commission (FTC) nominee for U.S. President Joe Biden, speaks during a Senate Commerce, Science and Transportation Committee confirmation hearing in Washington, D.C., U.S., on Wednesday, April 21, 2021. Graeme Jennings | Bloomberg |......

Chinese A.I. firm SenseTime files for Hong Kong IPO despite tech crackdown and U.S. blacklist

CNBC
CNBC – For more and to sign up click here SenseTime, a Chinese artificial intelligence company, has filed to go public in Hong Kong. The move comes as China continues to tighten regulation on the country’s technology giants. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images GUANGZHOU, China......

China’s regulatory crackdown has wiped billions off tech stocks — here are the risks ahead

CNBC
CNBC – For more and to sign up click here Five-starred red flags line the Nanjing Road pedestrian street in Shanghai, China, on June 22, 2021. This year marks the 100th anniversary of the Communist Party of China. Costfoto | Barcroft Media | Getty Images GUANGZHOU, China — Chinese authorities......

Cuba’s central bank now recognizes cryptocurrencies such as bitcoin

CNBC
CNBC – For more and to sign up click here Cuba will now recognize and regulate cryptocurrencies such as bitcoin, citing “reasons of socioeconomic interest.” Resolution 215, which was published Thursday in the state-run Official Gazette, says the central bank will set new rules for how to deal with digital currencies.......

As China tightens data rules, Xpeng says it’s on the ‘right side’ of regulation

CNBC
CNBC – For more and to sign up click here A new Xpeng P7 car is shown in the Xpeng Motors flagship store in a shopping mall. Xpeng P7 is one of the two popular models of Xpeng motors. Zhang Peng | LightRocket | Getty Images GUANGZHOU, China — Xpeng‘s......

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