Notorious Iranian Hackers Have Been Targeting the Space Industry With a New Backdoor

In addition to its long-standing password spraying attacks, Microsoft says Iran-backed hacker group Peach Sandstorm—or APT 33—has developed custom malware dubbed “Tickler.” Powered by...

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Missouri Man Arrested for Extorting Former Employer With Bitcoin Ransom
Aug29

Missouri Man Arrested for Extorting Former Employer With Bitcoin Ransom

A Missouri man, Daniel Rhyne, was arrested for attempting to extort his former employer, a New Jersey-based industrial company. Rhyne, a former core infrastructure engineer for the company, allegedly sent an extortion email on Nov. 25, 2023, claiming to have locked out or deleted the company’s IT administrators from its computer network and deleted server […] Powered by...

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Bitfarms Takes Control of Its First US Mega-Site to Expand Bitcoin Mining Capacity
Aug29

Bitfarms Takes Control of Its First US Mega-Site to Expand Bitcoin Mining Capacity

Bitfarms Ltd., a bitcoin mining company, announced on Tuesday that it has taken control of its new data center in Sharon, Pennsylvania. “This site represents Bitfarms’ first mega-site in the U.S. with access to up to 120 MW,” the company said. Located in the Pennsylvania-New Jersey-Maryland (PJM) grid, the site offers low-cost, flexible power ideal […] Powered by...

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Cybercapital Founder Justin Bons: L2s Are ‘Parasitic’ to Ethereum
Aug29

Cybercapital Founder Justin Bons: L2s Are ‘Parasitic’ to Ethereum

Justin Bons, founder and CIO of Cybercapital, a Europe-based cryptocurrency fund, has warned about the effect that the rise of Ethereum L2s is having on the main chain. Bons stated that the activity that Ethereum should be experiencing is happening on L2s, and that is bringing fragmentation and more inflation to the ETH ecosystem. Cybercapital […] Powered by...

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Solayer Secures $12 Million to Enhance Solana’s Restaking Capabilities
Aug29

Solayer Secures $12 Million to Enhance Solana’s Restaking Capabilities

Solayer has raised $12 million in a funding round led by Polychain Capital to advance its integrated restaking network on the Solana blockchain. The initiative aims to address Solana’s scalability and transaction inclusion challenges by leveraging a novel approach to staking and network bandwidth optimization. Solana Restaking Project Solayer Attracts $12 Million Investment According to […] Powered by...

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