A year ago, there seemed to be a glimmer of hope in the cybersecurity industry’s long-running war of attrition against ransomware gangs. Fewer corporate victims of those hackers, it seemed, had paid ransoms in 2022, and cybercriminals were earning less from their ruthless attacks. Perhaps the cocktail of improved security measures, increased focus from law…
The revenue won by these players will scale with the popularity of the ETFs; the more money invested and the more frenetic the trading activity, the more there is to be made below deck. The opportunity is “enormous,” claims Brett Tejpaul, head of institutional services at Coinbase, who predicts trillions of dollars will eventually flow…
Each Sunday morning, the congregation of the International Deliverance Praying Ministry gathers in front of their church, ready to be let in. It’s a modest building in the southside of Nassau, the capital of the Bahamas, on an overgrown and potholed street that floods when it rains. While they wait, a member of the church…
Sam Bankman-Fried will take the stand at his own trial, his legal counsel has confirmed. The founder of stricken crypto exchange FTX has endured three weeks of bruising testimony in federal court from ex-colleagues, peers, and other witnesses. But Bankman-Fried will now take the opportunity to relay his own version of events to the jury….
Because the chip’s read-only memory, or ROM, is built into the layout of its physical wiring for better efficiency, Unciphered’s visual model gave it a head start toward deciphering much of the logic of the IronKey’s cryptographic algorithm. But the team went much further, attaching tenth-of-a-millimeter gauge wires to the secure element’s connections to “wiretap”…
During cross-examination, defense attorney Mark Cohen continually tried to stress that Alameda’s total net value assets were the same across the alternatives, and Ellison kept responding that, yes, but the balance sheets were still misleading. Things Sam Is Freaking Out About According to Ellison’s “things Sam is freaking out about” document, Bankman-Fried was stressed about…
