Ukrainian hackers say they compromised a major Russian drone company, destroying data, backups, and systems

A pair of Ukraine-supporting hacktivist groups have reportedly claimed responsibility for a cyberattack on a major supplier of drones to Russia’s military called Gaskar Group. TechCrunch reported that BO Team—the “BO” stands for “Black Owl,” not “Body Odor,” in case you’re wondering—announced the operation with a Telegram post on July 14. The group stated that […]

3 mins read

California Proposed A Law Making Broadband Affordable For Poor People. Telecom Lobbyists Have Already Destroyed It.

from the this-is-why-we-can’t-have-nice-things dept Last January, Democratic California Assemblymember Tasha Boerner introduced the California Affordable Home Internet Act (AB 353), which mandated that large ISPs in the state needed to provide broadband service at speeds of 100 Mbps down, 20 Mbps up for $15 a month to California residents who qualify for existing low-income assistance programs. […]

4 mins read

Tether fuels crypto ecosystem with new $2 billion USDT mint

Tether, the world’s largest stablecoin issuer, minted an additional $2 billion USDT on July 16 on the Ethereum blockchain. Tether CEO Paolo Ardoino confirmed the mint via a post on X, clarifying that the new mints were an “inventory replenish” on Ethereum. This means the funds serve as inventory for future issuance and blockchain swaps, […]

2 mins read

Should You Buy and Hold Block Stock for 20 Years? 1 Crucial Factor You Can’t Ignore.

Block (XYZ -3.84%) was once a high-flying stock. In the five years leading up to their peak in August 2021, shares were up an astonishing 2,430%. Growth was fantastic, and the market was warming up to this innovative financial services business. It’s been a disappointing story since that peak. As of July 14, this fintech […]

4 mins read