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Major crypto exchanges lose millions due to cloudflare outage.

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Accessed on 23 June 2022, 2302 UTC.

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Russ Roberts

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https://paper.li/RussellRoberts (machine learning, artificial intelligence, IoT, and information security)

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Major crypto exchanges lose millions because of the Cloudflare outage

Some of the biggest crypto exchanges were down for more than an hour on Tuesday, which resulted in hefty losses.

Read more about Major crypto exchanges lose millions because of the Cloudflare outage

Computer screen showing different cryptocurrencies trading


Meta agrees to drop ad tool after race bias lawsuit

The social media giant has agreed to stop using an ad-serving tool after it was alleged that its algorithm discriminated against people on the basis of color, race, nationality, sex, religion, disability, and familial status.

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Mobile phone with Meta on it and Facebook branding in background


Tech giants form metaverse standards body, without Apple

Meta, Microsoft and other tech giants racing to build the emerging metaverse concept have formed a group to foster the development of industry standards that would make the companies' nascent digital worlds compatible with each other.

Read more about Tech giants form metaverse standards body, without Apple

Metaverse visualisation


Wi-Fi-hungry freezer might be slowing down your internet

UK households are experiencing plenty of Wi-Fi-related problems. What they don’t know is that their refrigerators and neighbors might be slowing down their connection.

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Slow internet loading


Germany launches Google fair practice inquiry

A regulator in Germany is taking action against Google for what it says are practices by its global mapping service that could unfairly disadvantage competitors.

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Hand holding mobile phone with Google Maps loaded on it


TikTok commits to stop ‘get rich quick’ ads

A short-form video-sharing app will make it easier for users to spot all sorts of advertising, paying particular attention to children.

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TikTok logo pink


Germany orders an arrest of GRU hacker over attack on NATO

Nikolaj Kozachek, affiliated with Russia's state intelligence, is accused of penetrating the systems of a NATO think tank in Germany.

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Kremlin-hack-connection


Cloudflare experiences widespread issues

An American content delivery network and DDoS mitigation company Cloudflare says it is investigating widespread issues with their services and network.

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Cloudfaredown


Ex-Amazon employee convicted over Capital One hack

Paige A. Thompson, who was working at AWS at the time of the hack, was found guilty of seven counts of wire and computer fraud.

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CapitalOne-Bank-logo


TikTok employee recordings expose repeated user data breaches - report

Employees from the company behind the popular Chinese social media app TikTok repeatedly accessed non-public data of US users between September 2021 and January 2022.

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TIkTok-Users-Logo


Elon Musk faces a $258bn lawsuit for allegedly engaging in a crypto pyramid scheme

Elon Musk has been sued for $258bn by a Dogecoin investor for defrauding him through a “crypto pyramid scheme.”

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dogecoin2


Android spyware uncovered by threat watchdog

Spyware that targets Android-based devices has been detected being used by the government of Kazakhstan against its own citizens, according to research by Lookout Threat Lab.

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Android vulnerabilities


Elon Musk discusses layoffs and aliens in Twitter staff address

Billionaire Elon Musk addressed Twitter employees for the first time, expressing his view that Twitter would need to cut its headcount, but offering few other new details about his $44 billion planned takeover of the social media company.

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Twitter-Musk-Elon


US disrupts Russian botnet targeting IoT devices

The US, Germany, the Netherlands, and the UK dismantled the infrastructure of a Russian botnet RSOCKS, which hacked millions of computers and other electronic devices around the world.

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Russian botnet disrupted


Big Tech commits to combating disinformation in the new Code of Practice

The European Commission published the strengthened Code of Practice on Disinformation, which accounts for key takeaways from the war in Ukraine and the COVID19 crisis.

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big tech logos


New bill attempts to ban American location and health data trade

The proposed bill aims to ban data brokers from selling location and health information ahead of the potential Roe v. Wade overturn that could "criminalize essential health care."

Read more about New bill attempts to ban American location and health data trade

health data tracking


Interpol arrests hundreds of cyber-fraud suspects

A worldwide police bust has resulted in the arrest of more than 2,000 people suspected of social engineering scams and money laundering, according to Interpol.

Read more about Interpol arrests hundreds of cyber-fraud suspects

Phone with Interpol logo resting atop keyboard


"Issue is out of control": 24 billion passwords leaked on the dark web

65% more passwords are circulating on the dark web than in 2020. Users still choose basic passwords that can be cracked in mere seconds.

Read more about "Issue is out of control": 24 billion passwords leaked on the dark web

Weak passwords

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