Meta Platforms Inc.’s longstanding and at times highly controversial cryptocurrency project is ending with the announcement July 1 that the Novi digital wallet will close on Sept. 1. The Novi digital wallet launched with a pilot program in November with custody support from Coinbase Inc. Novi did not support Meta’s proposed Diem cryptocurrency but instead ...

Cryptocurrency hedge fund Three Arrows Capital Ltd. has filed for Chapter 15 bankruptcy in a New York court less than a week after it was ordered to liquidate its assets in the British Virgin Islands. Chapter 15 bankruptcy is a form of bankruptcy that allows for cooperation between U.S. courts and foreign courts when foreign ...

Google LLC’s Threat Analysis Group said today it has blocked more than 30 malicious domains linked to hack-for-hire groups from Russia, India and the United Arab Emirates. The hack-for-hire firms have been actively targeting Gmail and Amazon Web Services Inc. accounts, among others, to carry out corporate espionage attacks against companies, human rights activists and journalists. ...

Infrastructure-as-code security startup Oak9 Inc. has raised $8 million in new funding to grow its free Community Edition and help launch a next-generation “Security as Code” offering. The round was led by Menlo Ventures and included Cisco Investments, Morgan Stanley’s Next Level Fund and HPA. Including the new funding, the company has raised $13.9 million to date, according ...

Nonfungible token marketplace OpenSea has suffered a data breach after an employee of a third-party contractor downloaded email addresses belonging to OpenSea users and newsletter subscribers. The breach involved an employee of Customer.io downloading the email addresses and providing them to an unauthorized external party. Who the third party was or whether money was involved was not ...

Cryptocurrency exchange FTX Digital Markets Ltd. is reportedly close to finalizing a deal to acquire crypto lender BlockFi Lending LLC for only $25 million. CNBC reports that FTX is close to finalizing a term sheet for the deal that is expected to be signed by the end of the week. At $25 million, the price ...

Microsoft Corp. has issued a patch for a vulnerability in Service Fabric that allows attackers to gain root privileges on a node and then take over other nodes in a cluster. Service Fabric hosts more than 1 million applications and runs on millions of cores daily. It powers Azure services, including Azure Service Fabric, Azure ...

A California Department of Justice website relating to firearms registration has been found to be exposing personal information. A June 27 update to the Firearm Dashboard Portal exposed details of individuals who were granted or denied a concealed and carry weapons permit between 2011 and 2021. The information exposed included names, dates of birth, gender, ...

A U.S. District Court judge has ruled that former Uber Technologies Inc. Chief Security Officer Joe Sullivan must face wire fraud charges over allegations that he covered up a security breach involving the theft of 57 million passenger and driver records. Sullivan (pictured) was initially charged in August 2020 with obstruction of justice and “misprision” ...

A newly discovered form of malware has been found to be actively targeting small office-home office routers in Europe and North America. Dubbed “ZuoRAT” today by researchers at Lumen Technologies Inc.’s Black Lotus Labs, the malware is described as a multistage remote access trojan and is believed to have been active since 2020. The malware grants ...