RT Watson / The Block: Elliptic: the total value of crypto laundered via decentralized exchanges, bridges, and coin swaps hits $7B; Lazarus Group is the top culprit, laundering $900M+  —  – Elliptic’s new report shows $7 billion was laundered through decentralized exchanges (DEXs), cross-chain bridges and coin swaps. Lees verder op Tech Meme

Javier Paz / Forbes: Analysis: Binance sold just ~10.78M BNB tokens in its 2017 ICO, vs. the 200M minted and 100M offered, and gave angel investors 40M BNB, double their allocation  —  The mythology surrounding the rise of the world’s largest crypto exchange is impressive.  However, a Forbes investigation reveals … Lees verder op Tech Meme

Katherine Sayre / Wall Street Journal: Source: MGM Resorts refused to pay a hackers’ ransom in the September cyberattack; filing: MGM estimates the hack will cost the company $100M+ in its Q3 2023  —  Fallout will have a $100 million negative impact on quarterly earnings, Las Vegas-based company says Lees verder op Tech Meme

Natasha Lomas / TechCrunch: The UK’s Information Commissioner’s Office issues a preliminary enforcement notice to Snap over its My AI chatbot possibly being a risk to children’s privacy  —  Snap’s AI chatbot has landed the company on the radar of the UK’s data protection watchdog which has raised concerns the tool may be a risk to children’s privacy. Lees verder op Tech Meme

Andrew Hayward / Decrypt: Yuga Labs, the creator of Bored Ape Yacht Club and other prominent NFTs, restructures, lays off some US staff, and is still evaluating its international teams  —  Yuga Labs reveals a restructuring effort that has impacted U.S. employees as the $4 billion Bored Ape startup rethinks its priorities. Lees verder op Tech Meme

Tim Craig / DL News: THORSwap moves to a “maintenance mode” after criminals linked to the FTX hack last year used the decentralized exchange to swap $38M worth of ether for bitcoin  —  Decentralised exchange THORSwap disabled parts of its website interface Thursday after the hacker who swiped $450 million … Lees verder op Tech Meme

Bill Toulas / BleepingComputer: 23andMe confirms that it is aware of user data from its platform circulating on hacker forums and attributes the leak to a credential-stuffing attack  —  23andMe has confirmed to BleepingComputer that it is aware of user data from its platform circulating on hacker forums and attributes the leak to a credential-stuffing attack. Lees verder op Tech Meme