Hackers have started returning some of the $600 million they stole in what’s likely to be one of the biggest cryptocurrency thefts ever. The cybercriminals exploited a vulnerability in Poly Network, a platform that looks to connect different blockchains so that they can work ...Read More

A British man was arrested Wednesday in Spain in connection with the 2020 hack of Twitter accounts belonging to Apple, President Joe Biden, former President Barack Obama, Tesla chief Elon Musk, Warren Buffett, Microsoft founder Bill Gates and more than 100 others to swindle their followers out of bitcoin, the Justice ...Read More

Bank of America CEO Brian Moynihan said Monday that the company has ramped its cybersecurity spending to over $1 billion a year. “I became CEO 11 and a half years ago, and we probably spent three to $400 million [per year] and we’re up over ...Read More

On May 22nd, a crypto finance project called DeFi100 posted a message to its website: “We scammed you guys and you can’t do shit about it. HA HA. All you moon bois have been scammed and you can’t do shit about it.” Screenshots of ...Read More

Jolted by a sweeping hack that may have revealed government and corporate secrets to Russia, U.S. officials are scrambling to reinforce the nation’s cyber defenses and recognizing that an agency created two years ago to protect America’s networks and infrastructure lacks the money, tools and authority ...Read More