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News & Articles By Cassie B.
08/16/2022
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By Cassie B.
CRYPTO CON: Disgraced Three Arrows Capital crypto hedge fund co-founders have a long history of questionable activities
The bankrupt crypto hedge fund Three Arrows Capital, which is being blamed for plunging a number of cryptocurrency companies into bankruptcy and accused of unethical and possibly criminal behavior, showed plenty of signs of poor management long before its spectacular collapse. In fact, its two 35-year-old co-founders, Su Zhu and Kyle Davies, who are now […]
07/24/2022
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By Cassie B.
Former Coinbase manager facing charges in first crypto insider trading case
The U.S. Attorney’s Office for the Southern District of New York announced that three people have been charged in the first cryptocurrency insider trading tipping case in the nation. A former product manager at cryptocurrency exchange platform Coinbase, Ishan Wahi, along with his brother, Nikhil Wahi and friend Sameer Ramani have been charged with wire […]
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 […]
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