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SEC: Crypto fraudsters raised $300M with “textbook pyramid and Ponzi scheme”

Victims lured with "smart contracts" on Ethereum, Tron, and Binance blockchains. Enlarge (credit: Getty Images | SimoneN) The US Securities and Exchange Commission yesterday filed a lawsuit against 11 people accused of creatin.....»»

Category: topSource:  arstechnicaAug 2nd, 2022

Stolen, locked payment cards can be used with digital wallet apps

Fraudsters can add stolen payment cards to digital wallet apps and continue making online purchases even after victims’ report the card stolen and the bank blocks it, computer engineers with University of Massachusetts Amherst and Pennsylvania.....»»

Category: securitySource:  netsecurityRelated NewsAug 19th, 2024

Crypto-linked cybercrime saw another record year as ransomware risk rises

Ransomware operators have earned more money in 2024 compared to last year as scam possibilites grow......»»

Category: topSource:  marketingvoxRelated NewsAug 16th, 2024

Tech support scammers impersonate Google via malicious search ads

Google Search ads that target users looking for Google’s own services lead them to spoofed sites and Microsoft and Apple tech support scams. The fake Google Search ads (Source: Malwarebytes) “In this particular scheme, all web resources u.....»»

Category: securitySource:  netsecurityRelated NewsAug 16th, 2024

Climate change raised the odds of unprecedented wildfires in 2023–24, say scientists

Unprecedented wildfires in Canada and parts of Amazonia last year were at least three times more likely due to climate change and contributed to high levels of CO2 emissions from burning globally, according to the first edition of a new systematic an.....»»

Category: topSource:  physorgRelated NewsAug 14th, 2024

Nashville man arrested for running “laptop farm” to get jobs for North Koreans

Laptop farm gave the impression North Korean nationals were working from the US. Enlarge Federal authorities have arrested a Nashville man on charges he hosted laptops at his residences in a scheme to deceive US compani.....»»

Category: topSource:  arstechnicaRelated NewsAug 10th, 2024

The OnePlus Open gets a fresh coat of paint and some upgrades

The OnePlus Open Apex Edition has been officially unveiled with a brand new color scheme and some upgrades. The post The OnePlus Open gets a fresh coat of paint and some upgrades appeared first on Phandroid. The OnePlus Open was announced.....»»

Category: asiaSource:  phandroidRelated NewsAug 9th, 2024

FTX to pay $12.7B to victims of Sam Bankman-Fried’s massive scheme

US commodities trading agency claimed its largest recovery ever for FTX victims. Enlarge (credit: NurPhoto / Contributor | NurPhoto) FTX, the bankrupt cryptocurrency exchange formerly helmed by fraudster Sam Bankman-Frie.....»»

Category: topSource:  arstechnicaRelated NewsAug 9th, 2024

What Happened in Crypto Today: Bullish Signals Are Finally Emerging!

What Happened in Crypto Today: Bullish Signals Are Finally Emerging!.....»»

Category: gadgetSource:  yahooRelated NewsAug 8th, 2024

Climate change continues to pose major risk to Great Barrier Reef

A new set of samples of the Great Barrier Reef has raised new concerns about the danger posed to the reef by climate change. New … The post Climate change continues to pose major risk to Great Barrier Reef appeared first on BGR. A ne.....»»

Category: gadgetSource:  bgrRelated NewsAug 8th, 2024

Some subreddits could be paywalled, hints Reddit CEO

Reddit CEO Steve Huffman has hinted that in future some subreddits could be paywalled, as the company seeks to devise new sources of income. Huffman raised the prospect during an earnings call in which he said Reddit would also be testing AI-power.....»»

Category: gadgetSource:  9to5macRelated NewsAug 7th, 2024

Study suggests Egyptians used hydraulic lifts to build Pyramid of Djoser

Finding elusive pictorial, textual references to hydraulic device may help convince skeptics. Enlarge / A camel chills next to the Step Pyramid of Djoser in the Saqqara necropolis in Egypt, built around 2680 BCE. (credit: Charles.....»»

Category: topSource:  arstechnicaRelated NewsAug 6th, 2024

Hydraulic lift technology may have helped build Egypt"s iconic Pyramid of Djoser

The Pyramid of Djoser, the oldest of Egypt's iconic pyramids, may have been built with the help of a unique hydraulic lift system, according to a study published August 5, 2024, in the open-access journal PLOS ONE by Xavier Landreau from CEA Paleotec.....»»

Category: topSource:  physorgRelated NewsAug 5th, 2024

GPB Capital founder David Gentile found guilty in Ponzi-like fraud that included dealerships

Gentile’s co-defendant, Jeffry Schneider, who ran Texas-based Ascendant Capital, also was convicted of securities fraud and conspiracy charges by a federal jury in Brooklyn, N.Y., following a trial that lasted more than seven weeks......»»

Category: topSource:  autonewsRelated NewsAug 1st, 2024

Pyramid optical networks for unidirectional image magnification and demagnification

In Light: Science & Applications journal UCLA researchers introduce an innovative design for diffractive deep neural networks (D2NNs). This new architecture, termed Pyramid-D2NN (P-D2NN), achieves unidirectional image magnification and demagnificatio.....»»

Category: topSource:  pcmagRelated NewsAug 1st, 2024

Multi-state Apple fraud ring exposed by DHS after routine traffic stop

The Department of Homeland Security busted a sophisticated counterfeiting operation where fraudsters exploited retail return policies to swap genuine Apple products with counterfeit devices nationwide.The Department of Homeland SecurityChalvin Tan wa.....»»

Category: appleSource:  appleinsiderRelated NewsJul 31st, 2024

Team develops novel hybrid scheme for compressible flow computations

A team of scientists has developed a novel hybrid scheme for both steady and unsteady single-phase compressible flow simulations. Their scheme has potential applications in real-world scenarios, offering a promising avenue for future research......»»

Category: topSource:  informationweekRelated NewsJul 26th, 2024

GM Ventures, others invest in Israeli EV battery startup Addionics

Addionics raised $39 million from investors including General Motors' venture capital arm to help commercialize its 3D copper foil product for electric vehicle batteries......»»

Category: topSource:  autonewsRelated NewsJul 25th, 2024

Chainguard raises $140 million to strengthen open source software security

Chainguard has completed a $140 million Series C round of funding led by Redpoint Ventures, Lightspeed Venture Partners, and IVP, bringing the company’s total funding raised to $256 million. Existing investors, including Amplify, Mantis VC, Seq.....»»

Category: securitySource:  netsecurityRelated NewsJul 25th, 2024

Lakera raises $20 million to secure GenAI applications

Lakera has raised $20 million in a Series A funding round. Led by European VC Atomico, with participation from Citi Ventures, Dropbox Ventures, and existing investors including redalpine, this investment brings Lakera’s total funding to $30 mil.....»»

Category: securitySource:  netsecurityRelated NewsJul 25th, 2024

Vanta raises $150 million accelerate its AI product innovation

Vanta announced that it has raised a $150 million Series C funding round at a valuation of $2.45 billion. The round was led by Sequoia Capital, in addition to new investors Growth Equity at Goldman Sachs Alternatives, J.P. Morgan and existing investo.....»»

Category: securitySource:  netsecurityRelated NewsJul 24th, 2024