The $4.4 billion in crypto is set to be the largest pile of criminal proceeds ever sold off by the US. The former IRS agent who seized the recording-breaking sum, meanwhile, languishes in a Nigerian jail cell.
Category: Security / Cyberattacks and Hacks
How Researchers Cracked an 11-Year-Old Password to a $3 Million Crypto Wallet
Thanks to a flaw in a decade-old version of the RoboForm password manager and a bit of luck, researchers were able to unearth the password to a crypto wallet containing a fortune.
Teslas Can Still Be Stolen With a Cheap Radio Hack—Despite New Keyless Tech
Ultra-wideband radio has been heralded as the solution for “relay attacks” that are used to steal cars in seconds. But researchers found Teslas equipped with it are as vulnerable as ever.
The $2.3 Billion Tornado Cash Case Is a Pivotal Moment for Crypto Privacy
Tuesday’s verdict in the trial of Alexey Pertsev, a creator of crypto-privacy service Tornado Cash, is the first in a string of cases that could make it much harder to skirt financial surveillance.
A Vast New Data Set Could Supercharge the AI Hunt for Crypto Money Laundering
Blockchain analysis firm Elliptic, MIT, and IBM have released a new AI model—and the 200-million-transaction dataset it’s trained on—that aims to spot the “shape” of bitcoin money laundering.
Meta Abandons Hacking Victims, Draining Law Enforcement Resources, Officials Say
A coalition of 41 state attorneys general says Meta is failing to assist Facebook and Instagram users whose accounts have been hacked—and they want the company to take “immediate action.”
The Mystery of the $400 Million FTX Heist May Have Been Solved
An indictment against three Americans suggests that at least some of the culprits behind the theft of an FTX crypto fortune may be in custody.
The Most Dangerous People on the Internet in 2023
From Sam Altman and Elon Musk to ransomware gangs and state-backed hackers, these are the individuals and groups that spent this year disrupting the world we know it.
McDonald’s Ice Cream Machine Hackers Say They Found the ‘Smoking Gun’ That Killed Their Startup
Kytch, the company that tried to fix McDonald’s broken ice cream machines, has unearthed a 3-year-old email it says proves claims of an alleged plot to undermine their business.
Microsoft’s AI Red Team Has Already Made the Case for Itself
Since 2018, a dedicated team within Microsoft has attacked machine learning systems to make them safer. But with the public release of new generative AI tools, the field is already evolving.