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May, 2021

 

Ransomware

Secret Chats Show How Cybergang Became a Ransomware Powerhouse As the ransomware industry exploded, a Russian-speaking outfit called DarkSide offered would-be computer crooks not just the tools, but also customer support. We got an inside look.   Just weeks before DarkSide attacked Colonial Pipeline, disrupting fuel supplies in the eastern United States, the ransomware gang was putting the screws to a family-owned producer of school yearbooks.Credit…Travis Dove for The New York Times By Andrew E. Kramer, Michael Schwirtz and Anton Troianovski May 29, 2021 MOSCOW — Just weeks before the ransomwareRead More


Coinbase soars in market debut, valued near $86 billion

Coinbase  Coinbase made a rousing debut on Wall Street Wednesday, with shares of the digital currency exchange rising as high as $429, briefly giving it a market value over $100 billion. Coinbase Global Inc.’s initial public offering happened with cryptocurrency chatter seemingly everywhere, even at the U.S. Federal Reserve. Digital currencies are being incorporated into business plans and accepted for payment by major corporations like Tesla, PayPal and Visa. The San Francisco-based company’s listing on a public stock exchange is seen by some as an inflection point for digital currencies,Read More


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