Skip to main content

Industry News

Citadel.One Suffered A Cyberattack On The Arbitrum Network, Incurring $93,000 Loss

posted onJanuary 29, 2024
by l33tdawg
Credit: Flickr

In a concerning development for the cryptocurrency community, Citadel.one, a prominent portfolio management tool, has become the latest victim of cyberattacks in the blockchain space.

The incident, which unfolded on the Arbitrum network, was detected by the vigilant systems of BlockSec, a leading cybersecurity firm. The attack, as reported, led to substantial financial losses, with estimates hovering around the $93,000 mark. 

Microsoft cancels Blizzard survival game, lays off 1,900

posted onJanuary 29, 2024
by l33tdawg
Credit: Arstechnica

The survival game that Blizzard announced it was working on in January 2022 has reportedly been canceled. The cut comes as Microsoft is slashing jobs a little over four months after closing its $69 billion Activision Blizzard acquisition.

Blizzard's game didn't have a title yet, but Blizzard said it would be for PC and console and introduce new stories and characters. In January 2022, Blizzard put out a call for workers to help build the game. The game's axing was revealed today in an internal memo from Microsoft Gaming CEO Phil Spencer.

Scientists Just Discovered a New Type of Magnetism

posted onJanuary 29, 2024
by l33tdawg
Credit: Wired

All the magnets you have ever interacted with, such as the tchotchkes stuck to your refrigerator door, are magnetic for the same reason. But what if there were another, stranger way to make a material magnetic?

In 1966, the Japanese physicist Yosuke Nagaoka conceived of a type of magnetism produced by a seemingly unnatural dance of electrons within a hypothetical material. Now, a team of physicists has spotted a version of Nagaoka’s predictions playing out within an engineered material only six atoms thick.

OpenAI updates ChatGPT-4 model with potential fix for AI “laziness” problem

posted onJanuary 29, 2024
by l33tdawg
Credit: Arstechnica

On Thursday, OpenAI announced updates to the AI models that power its ChatGPT assistant. Amid less noteworthy updates, OpenAI tucked in a mention of a potential fix to a widely reported "laziness" problem seen in GPT-4 Turbo since its release in November. The company also announced a new GPT-3.5 Turbo model (with lower pricing), a new embedding model, an updated moderation model, and a new way to manage API usage.

HP CEO evokes James Bond-style hack via ink cartridges

posted onJanuary 23, 2024
by l33tdawg
Credit: Arstechnica

Last Thursday, HP CEO Enrique Lores addressed the company's controversial practice of bricking printers when users load them with third-party ink. Speaking to CNBC Television, he said, "We have seen that you can embed viruses in the cartridges. Through the cartridge, [the virus can] go to the printer, [and then] from the printer, go to the network."

That frightening scenario could help explain why HP, which was hit this month with another lawsuit over its Dynamic Security system, insists on deploying it to printers.

Google lays off “dozens” from X Labs, wants projects to seek outside funding

posted onJanuary 23, 2024
by l33tdawg
Credit: Arstechnica

Google/Alphabet CEO Sundar Pichai wasn't kidding when, earlier this month, he said more layoffs are coming. The latest group to be hit is Alphabet's X Lab, which is losing "dozens of employees," according to a new report from Bloomberg. This is something like the 11th Google layoff announcement we've covered in the past 12 months and the fourth one this month.

Inventor of NTP protocol that keeps time on billions of devices dies at age 85

posted onJanuary 22, 2024
by l33tdawg
Credit: Arstechnica

On Thursday, Internet pioneer Vint Cerf announced that Dr. David L. Mills, the inventor of Network Time Protocol (NTP), died peacefully at age 85 on January 17, 2024. The announcement came in a post on the Internet Society mailing list after Cerf was informed of David's death by Mills' daughter, Leigh.

"He was such an iconic element of the early Internet," wrote Cerf.

Russian hackers shift to new malware tactics, Google says

posted onJanuary 19, 2024
by l33tdawg
Credit: Silicon Republic

Google researchers have issued a warning about a Russian hacker group that is using new tactics to trick its victims.

The company’s Threat Analysis Group (TAG) said the hacker group – known as Coldriver – is sending encrypted PDF files as a way to trick users into giving the group access to their devices. TAG says that for years, Coldriver has been focused on credential phishing against high profile individuals in NGOs, NATO governments and former intelligence and military officers.

UK and Japan sign partnership on cybersecurity

posted onJanuary 19, 2024
by l33tdawg
Credit: verdict.co.uk

The UK and Japan have solidified their commitment to advancing cybersecurity through a newly established partnership.

The memorandum of cooperation (MOC) signed on Wednesday (17 January) marks a pivotal moment in the strategic collaboration between the two nations in cyber defence.