Lifeboat Foundation

Finance and investment companies as well as customers looking for more environmentally responsible portfolios have all caught the ESG bug.

A new, third, data wiper malware — dubbed “IsaacWiper” — is now targeting Ukrainian governmental systems.

Teabot android banking malware spreads again through google play store apps.

An Android banking trojan designed to steal credentials and SMS messages has been observed once again sneaking past Google Play Store protections to target users of more than 400 banking and financial apps, including those from Russia, China, and the U.S.

The hackers claimed that the attack was to “slow down the transfer” of troops moving from Belarus to northern Ukraine, saying that they had put the trains in “manual control” mode which would “significantly slow down the movement of trains, but will not create emergency situations.”

An ideological aversion to high-stakes situations has been expressed by other hacking groups. Anonymous, which has claimed a number of attacks on Russia’s banks and services, the websites of the President of the Russian Federation and Russia’s Ministry of Defence, has said that critical infrastructure is a “no-go” due to the risk of exacerbating the already tumultuous situation in eastern Europe.

Sergei Voitehowich, a former employee of Belarus’s state-owned Belarus Railway company, said that the Cyber Partisans had damaged the train traffic control system and that while it has been restored, other systems were experiencing issues and making it “impossible to buy tickets”, according to Bloomberg.

The invasion was met with sharp rebuke from the United States, the European Union and NATO allies, with broad, unprecedented financial and diplomatic sanctions promised against Russia, sanctions that are likely to affect business, trade and finance across the region.

The impacts of the invasion are also, undoubtedly, being felt across Ukraine’s wider tech ecosystem, which includes not only hundreds of startups and larger tech firms, but also research and development offices for some of the world’s biggest technology brands.

As the situation on the ground changes rapidly over the next few hours and days, TechCrunch will continue to bring news and analysis on how the conflict unfolds across the tech and startup community.

There’s another thing that’s attracting talent at Big Tech companies to Web3: money.

According to data from Blind, a social network for tech professionals, bitcoin exchange Coinbase offers as much as $900,000 a year for software engineers.

Investment into crypto companies has surged, meaning they’ve got much more cash to spare on lucrative compensation packages for big hires. Blockchain start-ups raised a record $25 billion in venture capital last year, according to CB Insight figures.

Some say that Moore’s Regulation, which tracks the exponential progress electronics during the last six a long time has stalled, and technological stagnation threatens. Mark Rosker, director of DARPA’s Microsystems Know-how Workplace (MTO), sees issues very in another way. In a new interview with Samuele Lilliu, he explains how the expansion described by Moore’s Regulation has been sustained by waves of innovation from DARPA and the way the following stage, what he calls the Fourth Wave, might be carried ahead by applied sciences his workplace is now creating.

The best model of Moore’s Regulation says that the variety of transistors on a silicon chip roughly doubles each two years. This was an commentary made by Gordon Moore – who later co-founded Intel – in 1965, and it proved to be remarkably correct. Yearly since then, an increasing number of highly effective computer systems and, later, laptops and smartphones have appeared in the marketplace. Low-cost chips have now grow to be important for vehicles, televisions, cameras and different units, which beforehand functioned with out electronics. They’re important throughout the financial system.

Continue reading “DARPA Goals To Preserve Moore’s Regulation Going — Right here’s How” »

In addition to securities fraud and obstruction of justice, James Velissaris has been charged with wire fraud and lying to auditors.

The founder and manager of a $1.7 billion mutual fund that collapsed last year has been charged by federal prosecutors with securities fraud and obstruction of justice for allegedly inflating fund asset values to keep investor money flowing, then falsifying records to conceal the improprieties.

The Infinity Q Diversified Alpha Fund halted investor redemptions in February 2021, roughly seven years after it was co-founded by James Velissaris, 37, its chief investment officer. A government inquiry began, Velissaris stepped down and the mutual fund and a parallel hedge fund he oversaw began liquidating.

Continue reading “Founder of collapsed $1.7 billion mutual fund charged with fraud” »