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News & Articles By Cassie B.
07/04/2022
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By Cassie B.
Major crypto hedge fund Three Arrows Capital files for bankruptcy and fires 25% of workforce as crypto implosion spreads
The news for cryptocurrencies keeps getting worse as Three Arrows Capital (3AC), a major cryptocurrency hedge fund, plunges into bankruptcy and fires 25% of its workforce. Rumors that the embattled fund was in trouble started gaining steam early last month, and it was hit hard by the collapse of the Terra crypto and other issues. […]
06/27/2022
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By Cassie B.
Vast majority of cryptocurrencies dropped more than 90% in recent crash
Cryptocurrencies have long been known for their volatility, but their fall in recent months has been particularly sharp, with many individual digital tokens hitting their lowest marks in two years. Overall, the sector has seen a loss of nearly $2 trillion in value since the latter part of last year. Price data compiled by CoinGoLive […]
05/20/2022
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By Cassie B.
Canada bans Chinese tech giants Huawei and ZTE from its 5G networks, citing security concerns
The Canadian government has announced that it is banning equipment made by Chinese tech giants Huawei and ZTE from its 5G networks, citing national security concerns. Starting in September, all telecommunications companies in the country will be banned from obtaining new 4G and 5G equipment from these companies and must remove any existing Huawei and […]
04/27/2022
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By Cassie B.
China may be winning the quantum computing race with a record-shattering processor
China appears to be taking the lead in the quantum computing race with the recent announcement that researchers there have broken a record for solving a complex problem with cutting-edge technology. When Google’s 53-qubit Sycamore processor completed a task that would take a traditional supercomputer more than 2.5 days in just 3.3 minutes, it showed […]
03/09/2022
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By Cassie B.
Apple scrapped plan to encrypt iCloud backups after FBI complaint
Insiders report that Apple scrapped plans it once had to encrypt iCloud backups after receiving a complaint from the FBI. The bureau feared that encrypting files that are uploaded to iCloud by iPhone users would hinder law enforcement investigations. The complaint reportedly emerged a few years ago when Apple was working on the encryption, and […]
02/04/2022
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By Cassie B.
Cyberattacks hit German oil companies and European oil port terminals
Less than a year after America’s biggest refined petroleum pipeline was the subject of one of the most harmful hacks ever seen in the oil market, Germany’s domestic fuel distribution system has been disrupted by cyberattacks of its own. On January 29, oil trader Mabanaft, a distributor of diesel, gasoline and heating oil, declared force […]
12/28/2021
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By Cassie B.
Rumble CEO says free speech video platform will compete with Microsoft and Amazon as a hosting platform for code
The CEO of Rumble, Chris Pavlovski, has announced that his free-speech-friendly video platform is working on its own internet infrastructure and cloud service in hopes of becoming truly immune to censorship. While discussing his YouTube alternative on Fox Business, Pavlovski was asked how the platform would defend itself from the censorship being directed against platforms […]
10/09/2021
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By Cassie B.
Hacked: Firm that routes all major U.S. carriers’ text messages reveals 5-year breach
A telecommunications firm that helps popular carriers like Verizon, AT&T and T-Mobile route text messages between one another and carriers abroad, Syniverse, recently disclosed that it was the victim of a five-year-long breach. In a Securities and Exchange Commission filing that was published last week, Syniverse disclosed that it learned in May about “unauthorized access […]
06/21/2021
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By Cassie B.
See the light: Philips Hue smart bulbs can be hacked and used to install malware
We’ve all heard the horror stories of hackers remotely steering smart cars off the road, but even the smallest of smart devices can lead to big problems if they’re not monitored carefully. This was on full display when a flaw was discovered that exposed the home networks of people using the very popular Philips Hue […]
05/17/2021
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By Cassie B.
At least 7 Apple suppliers are using slave labor in China, report reveals
A troubling new report shows that several Apple suppliers have been using forced labor in China, a problem that has long plagued the company and many other tech giants. Two human rights groups worked with The Information to identify seven companies supplying services and products to Apple that have supported forced labor programs targeting the […]
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