Over nearly a decade, the hacker group within Russia's GRU military intelligence agency known as Sandworm has launched some of the most disruptive cyberattacks in history against Ukraine's power grids, financial system, media, and government agencies. Signs now point to that same usual suspect being responsible for sabotaging a major …
Read More »The Binance Crackdown Will Be an 'Unprecedented' Bonanza for Crypto Surveillance
One attraction of Binance, as the company grew from its 2017 founding into the biggest cryptocurrency exchange in the world, was the firm's freewheeling flouting of rules. As it amassed well over 100 million crypto-trading users globally, it openly told the United States government that, as an offshore operation, it …
Read More »DOJ Charges Binance With Vast Money-Laundering Scheme and Sanctions Violations
For years, the world's largest cryptocurrency exchange, Binance, has been dogged by rumors of malfeasance and federal investigations. Today, in a set of accusations that will rock the already tumultuous world of crypto, the US Department of Justice revealed criminal charges against the company and its chief executive, Changpeng Zhao, …
Read More »Running Signal Will Soon Cost $50 Million a Year
The encrypted messaging and calling app Signal has become a one-of-a-kind phenomenon in the tech world: It has grown from the preferred encrypted messenger for the paranoid privacy elite into a legitimately mainstream service with hundreds of millions of installs worldwide. And it has done this entirely as a nonprofit …
Read More »The Mirai Confessions: Three Young Hackers Who Built a Web-Killing Monster Finally Tell Their Story
Early in the morning on October 21, 2016, Scott Shapiro got out of bed, opened his Dell laptop to read the day’s news, and found that the internet was broken. Not his internet, though at first it struck Shapiro that way as he checked and double-checked his computer’s Wi-Fi connection …
Read More »Sandworm Hackers Caused Another Blackout in Ukraine—During a Missile Strike
The notorious unit of Russia's GRU military intelligence agency known as Sandworm remains the only team of hackers to have ever triggered blackouts with their cyberattacks, turning off the lights for hundreds of thousands of Ukrainian civilians not once, but twice within the past decade. Now it appears that in …
Read More »This Is the Ops Manual for the Most Tech-Savvy Animal Liberation Group in the US
In recent years, the animal liberation group Direct Action Everywhere has carried out some of the most brazen and tech-savvy operations and investigations to ever target the animal agriculture industry. It has rescued pigs, goats, ducks, and chickens from factory farms and slaughterhouses in midnight intrusions; captured virtual reality footage …
Read More »They Cracked the Code to a Locked USB Drive Worth $235 Million in Bitcoin. Then It Got Weird
At 9:30 am on a Wednesday in late September, a hacker who asked to be called Tom Smith sent me a nonsensical text message: “query voltage recurrence.” Those three words were proof of a remarkable feat—and potentially an extremely valuable one. A few days earlier, I had randomly generated those …
Read More »Citing Hamas, the US Wants to Treat Crypto Anonymity Services as Suspected Money Launderers
Hamas’ attacks Against Israel on October 7 have shifted the geopolitical landscape and triggered a looming Israeli ground assault in the Gaza Strip. Now the ripple effects are reaching the cryptocurrency industry, where they’ve become the United States Department of the Treasury’s rallying cry for a crackdown on cryptocurrency anonymity …
Read More »New Clues Suggest Stolen FTX Funds Went to Russia-Linked Money Launderers
As the criminal trial of FTX founder Sam Bankman-Fried unfolds in a Manhattan courtroom, some observers in the cryptocurrency world have been watching a different FTX-related crime in progress: The still-unidentified thieves who stole more than $400 million out of FTX on the same day that the exchange declared bankruptcy …
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