Reports unveiled that part of the stolen funds from crypto exchange Poloniex have been moved for the first time. After six months, one of the identified accounts where the exploit proceedings were sent in November 2023 transferred $3.5 million to a crypto mixer. Related Reading: Dark Bling: Heir To Jewelry Giant Cartier Indicted In Cocaine […]
Mauritius-based venture capital firm Good Capital on Friday said it plans to invest USD 25 million, about Rs 200 crore, in Indian AI startups this fiscal. The investment will be made from the corpus of USD 50 million Good Capital Fund II, which is expected to be used by 2027. "The total fund is USD 50 million which is planned to be used by 2027. Out of which Good Capital is deploying USD 25 million in AI startups empowering intermediaries and plans to deploy this by 2025," Arjun Malhotra,...
Startup funding in the penultimate week of April 2024 declined by nearly 27.9% from the same period a year ago, totalling $74 million across 14 deals. However, deal density in the latest week improved to $5.3 million per deal, as per Tracxn data. From April 6 to April 12, 2023, startups had raised about $2.4 million per deal. Funding was down sequentially as well, from $103 million across 15 funding rounds in the previous week. Of the total corpus raised this week, fundraises of...
Data may have been stolen in London Drugs cyber attack, Congressional testimony today by UnitedHealth CEO on ransomware attack, and more. Welcome to Cyber Security Today. It's Wednesday, May 1st, 2024. I'm Howard Solomon, contributing reporter on cybersecurity for TechNewsday.com. London Drugs, a Western-Canadian drug store chain, is still trying to recover from what it
Millions of dollars worth of rare baseball cards stolen in Strongsville, Ohio
AI computing firm Blaize said on Monday it has raised $106 million in funding, including from existing investors such as Mercedes-Benz and Temasek. Other existing investors such as Bess Ventures, Franklin Templeton and Denso, besides new investors such as Rizvi Traverse, Ava Investors and BurTech LP also participated in the fundraising, the company said in a statement, without disclosing the details on its valuation. The fundraise reflects the frenzy that had helped the AI sector attract a major...
The Owls battered promotion-chasing West Brom to earn their second win on the spin and stretch their end-of-season unbeaten run to five. They leapfrogged Plymouth Argyle into 20th place and with results elsewhere in the survival scrap going their way, it means a draw at Sunderland next weekend will secure second tier status from the depths of a 12-point deficit in November. Goals from Anthony Musaba, Ike Ugbo and Josh Windass did the business on an afternoon that they shut the Baggies down...
U.S. realty trust giant Brandywine Realty Trust has confirmed a cyberattack that resulted in the theft of data from its network. In a filing with regulators on Tuesday, the Philadelphia-based Brandywine described the cybersecurity incident as unauthorized access and the “deployment of encryption” on its internal corporate IT systems, consistent with a ransomware attack. Brandywine […] © 2024 TechCrunch. All rights reserved. For personal use only.
BharatRohan, a startup providing drone-based hyperspectral remote sensing, has raised $2.3 million from investors such as Villgro Innovation Foundation, Caspian, RevX and Venture Garage and other ultra-high net worth individuals.The funding was a mix of debt and equity, as per a statement from the company.The funds will be used to develop proprietary edge computing drones, specifically for precise crop monitoring and variable pesticide applications. These drones will be made available to rural...
UnitedHealth's CEO Andrew Witty confirmed in a Senate hearing that he had conceded to paying ransom hackers $22 million.
How and why nation-state hackers and cybercriminals coexist in the same router botnet.
A truck driver in Pennsylvania pulled over for a power nap when he was rudely awakened by a shaking cab. As The Kansas City Star reports: When the driver got out of the truck to see what was going on, he saw four SUVs and 12 men, according to police. — Read the rest