How a $1.8 Billion Indian Bank Fraud Lasted Seven Years

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The story of how India’s biggest bank fraud proceeded undetected for seven years includes an $81 million cyber-heist in neighboring Bangladesh, penny-pinching lenders and a series of missed opportunities. In 2016, after discoveries that intruders had infiltrated the Bangladeshi central bank’s computer systems to spreads and various government agencies move to investigate, one thing rests […]

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Inside the Abrupt End of Silicon Valley’s Biggest Trial

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As onetime Uber chief Travis Kalanick prepared to take the stand this week in a courtroom duel that’s gripped Silicon Valley, Waymo lawyer Kevin Vosen privately made a late settlement offer: Would the ride-hailing startup remunerate $500 million in stock and give an outside observer revaluation its autonomous-vehicle software? Only days later, Waymo admitted half […]

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Bitcoin Industry Grapples With Age-Old Problem of Inheritance

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Five years ago, Matthew Moody was killed during an observational flight when the two-seater airplane he was in gate-crashed piloting over a valley in Chico, California. His father, Michael Moody, knew his 26 -year-old son had been mining Bitcoins — today worth thousands of dollars each — but “havent had” idea how many he had […]

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Air-Taxi Startup Has a Working Prototype and a Fresh $100 Million

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If you want to see JoeBen Bevirt’s flying auto, you were supposed to go in apache helicopters. The engineer’s private airfield is huddled in a valley on the Northern California coast between Monterey and Santa Barbara, and it’s remote by design, out past a swirl of suntan and dark-green subjects. Bevirt, a 44 -year-old whose […]

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How to Launder $500 Million in Digital Currency

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Early Friday morning in Tokyo, hackers losing more than 500 million of the somewhat obscure NEM coppers. The spoof has raised questions about security of cryptocurrencies around the world. 1. How did the intruders pull it off? Coincheck hasn’t disclosed how their structure was violated beyond saying that it wasn’t an inside job. The busines […]

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Hackers Have Walked Off With About 14% of Big Digital Currencies

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Digital currencies and the software developed to trail them have become attractive targets for cybercriminals while also creating a lucrative new sell for computer-security firms. In less than a decade, hackers have embezzled $1.2 billion merit of Bitcoin and rival currency Ether, according to Lex Sokolin, world-wide administrator of fintech approach at Autonomous Research LLP. […]

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Uber Paid Hackers to Delete Stolen Data on 57 Million People

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Hackers stole the personal data of 57 million customers and moves from sued for omission over the infraction by a customer seeking class-action status. Hackers have successfully infiltrated several companionships in recent years. The Uber breach, while gigantic, is dwarfed by those at Yahoo, MySpace, Target Corp ., Equifax Inc . What’s more alarming are […]

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Bitcoin Plunges After Plans for Split Called Off

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Bitcoin continued its retreat from a record high-pitched after buyers weighed in on the cancellation of a technology ascent that threatened to disrupt the biggest cryptocurrency. Investors who were expecting the extra silvers stemming from a divide of the order may be taking benefits, while others who are disappointed the update was scrapped earlier this […]

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Diehard Fans Turn Virtual Teen Singer into Japanese Mega-Star

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She wears particularly short-lived hems, plays blue pigtails to her knees and has the boundless vigor of a spirited puppy. During her 10 -year career, she’s liberated more than 100,000 songs in various categories of communications and opened sees for Lady Gaga. And more Hatsune Miku, who boasts 2.5 million Facebook partisans, doesn’t actually dwell […]

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