Binance Hackers Minted $569M in Crypto—Then It Got Complicated

Posted by on Oct 12, 2022 in IT News | 0 comments

Binance Hackers Minted $569M in Crypto—Then It Got Complicated

As a swatting spree spreads across the US, in which false reports of active shooters send police charging into schools, WIRED investigated more than 90 of the incidents and found potential connections between many of them. “In speaking to a number of people who experienced it, I can tell you that the anxiety and fear—it was real to them for 15 minutes,” Amanda Klinger, director of programs and cofounder of the Educator’s School Safety Network, told WIRED. “There’s a period of time in these incidents where people are literally running for their lives, law enforcement is responding with their weapons, and people think it’s the real thing.”

Even after extensive sanctions meant to isolate Russia from the global economy amidst its ongoing war with Ukraine, investigators around the world are working to curb the ongoing influx of capital to Russian military and paramilitary groups. Former Uber executive Joe Sullivan was convicted this week of obstructing a Federal Trade Commission investigation and failure to report a felony, a development that is being watched closely by the tech industry because it is likely the first time a corporate executive has faced criminal charges related to a data breach. The Biden administration’s new executive order addressing privacy seems like more of a Band-Aid than a panacea, as it attempts to reassure Europeans that their data is safe when stored in the US, despite government surveillance.

Meanwhile, Meta released findings on more than 400 malicious Android and iOS apps that it says were harvesting Facebook credentials to take over users’ accounts. And we took a look at the toll of living your life online, the potential erosion of privacy that comes with consistent social media posting, and the ways it can impact your sense of self.

Plus, there’s more. Each week, we highlight the news we didn’t cover in-depth ourselves. Click on the headlines below to read the full stories. And stay safe out there.