May 17, 2024
Crypto

Nebraska man stole over $3.5M in cloud service to mine crypto: Feds

A Nebraska man operated a large-scale “cryptojacking” scheme that defrauded cloud computing service providers out of more than $3.5 million worth of services, the U.S. Attorney’s Office said Monday. Charles O. Parks III, 45, also known as “CP3O,” has been charged with wire fraud, money laundering, and engaging in unlawful monetary transactions in connection with

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Investment

SK hynix will invest $3.87B in West Lafayette semiconductor industry

WEST LAFAYETTE, Ind. — It’s official. SK hynix Inc., the world’s leading producer of high-bandwidth memory chips, will invest an estimated $3.87 billion in West Lafayette to build an advanced packaging fabrication and research and development facility for artificial intelligence products.  This news came as leaders from the United States, South Korea, SK hynix, Indiana,

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Loans

SBA loans offered to small businesses after Baltimore port disruption

The same federal agency that helped small businesses across the country stay afloat during the pandemic has set up shop about two miles from the site of the fallen Francis Scott Key Bridge in Maryland to provide potential economic assistance to businesses in the state and the region. United States Small Business Administration Administrator Isabel

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