Buterin Says Ethereum’s Layer-Two Scaling Development ‘Basically’ Succeeded

Ethereum co-founder Vitalik Buterin said that the blockchain’s initial layer-two scaling deployment is nearly complete. Ethereum co-founder Vitalik Buterin said that the blockchain’s layer-two scaling initial deployment has “basically” succeeded. In a June 1 tweet, Buterin claimed that most of the initial work on Ethereum’s second-level scalability solutions is nearly complete.  To back his claim, […]

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‘New Google’ Settles With SEC For $29 Million

A company that was heralded as the “New Google” settles with the SEC, agreeing to return $29 million to ICO investors, in addition to a $400,000 penalty. A company once heralded as a “decentralized alternative” to Google recently settled with the SEC. Unlikely BitClave will ever pay $29M The project’s token price collapsed almost immediately […]

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A New Ransomware Deploys Human-Operated Attacks Against Healthcare Sector

Microsoft unveiled a new human-operated ransomware called “PonyFinal” that deploys the attack by launching manually a payload. Microsoft’s security team revealed a new ransomware that is deployed in human-operated attacks. It uses “brute force” against a target company’s systems management server, and mainly has targeted the healthcare sector amid the COVID-19 crisis. According to a […]

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Hackers Are Using Supercomputers to Mine Crypto

Hackers attacking supercomputers across Europe, trying to get their hands on mining crypto. Hackers have attacked multiple supercomputers across Europe this week with the intention of mining cryptocurrency. Clusters of supercomputers have been forced to shut down in order to investigate the intrusions, according to a ZDNet news report on May 16. These security incidents […]

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