May 18, 2024
Crypto

Security engineer jailed for 3 years for $12M crypto hacks

Image Credits: Bryce Durbin / TechCrunch Shakeeb Ahmed, a cybersecurity engineer convicted of stealing around $12 million in crypto, was sentenced on Friday to three years in prison. In a press release, the U.S. Attorney for the Southern District of New York announced the sentence. Ahmed was accused of hacking into two cryptocurrency exchanges, and

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Investors

US cyber investors pledge spyware is off limits — with a catch

Image Credits: Bryce Durbin / TechCrunch On Monday, the Biden administration announced that six new countries had joined an international coalition to fight the proliferation of commercial spyware, sold by companies such as NSO Group or Intellexa. Now, some investors have announced that they too are committed to fighting spyware. But at least one of

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Crypto

Why crypto exchange Kraken’s security team lives in the shadows

Kraken’s chief security officer wants his 400-member team to stay away from social media as he believes their presence on platforms like Twitter and LinkedIn can create security risks for the crypto exchange. Nick Percoco has allowed only a handful of people from his team to publicly confirm their roles and has instructed the rest to work

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