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Bitwise investment chief Matt Hougan says Trump’s crypto reserve announcement should be seen as bullish and that the market is “misreading things.” Despite including several large-market cap altcoins, US President Donald Trump’s planned crypto reserve will eventually be made up almost “entirely of Bitcoin,” says Bitwise chief investment officer Matt Hougan. “Market participants have soured on…
A senior U.S. lawmaker says representatives of Elon Musk were granted “full access” to a U.S. Treasury payments system used to disperse trillions of dollars to Americans each year, and warned that Musk’s access to the system poses a “national security risk.” Sen. Ron Wyden, a Democratic senator from Oregon and ranking member of the…
U.S. authorities have indicted five people over their alleged involvement in a multi-year North Korean IT worker scheme that saw them obtain remote employment with dozens of American companies. The Department of Justice on Thursday announced the indictment of North Korean citizens Jin Sung-Il and Pak Jin-Song; Pedro Ernesto Alonso De Los Reyes of Mexico,…
U.S. prosecutors have formally linked the arrest of a serving U.S. Army soldier in December to a massive theft of U.S. phone records from AT&T and Verizon last year. Authorities arrested Cameron John Wagenius, a U.S. Army communications specialist, in Texas on December 20 following a brief two-page grand jury indictment accusing the U.S. serviceperson…
Of the cybersecurity risks facing the United States today, few loom larger than the potential sabotage capabilities posed by China-backed hackers, which senior U.S. national security officials have described as an “epoch-defining threat.” The U.S. says Chinese government-backed hackers have — in some cases for years — been burrowing deep into the networks of U.S….
Microsoft has notified customers that it’s missing more than two weeks of security logs for some of its cloud products, leaving network defenders without critical data for detecting possible intrusions. According to a notification sent to affected customers, Microsoft said that “a bug in one of Microsoft’s internal monitoring agents resulted in a malfunction in…
Of the cybersecurity risks facing the United States today, few loom larger than the potential sabotage capabilities posed by China-backed hackers, which top U.S. officials have described as an “epoch-defining threat.” In recent months, U.S. intelligence officials said Chinese government-backed hackers have been burrowing deep into the networks of U.S. critical infrastructure, including water, energy…
News broke this weekend that China-backed hackers have compromised the wiretap systems of several U.S. telecom and internet providers, likely in an effort to gather intelligence on Americans. The wiretap systems, as mandated under a 30-year-old U.S. federal law, are some of the most sensitive in a telecom or internet provider’s network, typically granting a…
On Thursday, the U.S. Department of Justice accused five members of Russia’s military intelligence agency of hacking several Ukrainian government agencies, an unnamed U.S. government agency in Maryland, and computers belonging to 26 NATO countries, among other victims. The DOJ announced the indictment of the five members of Russia’s Main Intelligence Directorate, also known as…
Elliptic, the firm which Wall Street Journal sourced the data from, said it was “pleased” to see the news outlet acknowledge its mistakes. The Wall Street Journal (WSJ) has partially corrected an article whic mischaracterized the extent to which Hamas and other militant groups have been funding its terrorism activities with cryptocurrencies. The Oct. 10…