Items tagged with SEC
Early in January, Bitcoin saw a healthy spike up to $45,000 following some excitement surrounding Bitcoin exchange-traded-funds. This trend has continued with some ups and downs in the middle, but regardless, people have been rather excited about the prospects. So much so that one person elected to hack the SEC X...
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Ransomware gang BlackCat, otherwise known as ALPHV, is after the public spotlight following the Reddit data breach debacle earlier this year. Now, the group has breached another organization with MeridianLink and is causing a stir by filing a complaint with the Securities and Exchange Commission (SEC) to try and spur...
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Caesars Entertainment Inc. has paid off a $15 million ransom held by a hacker group to prevent sensitive client data from being sold on the dark web. The casino group was hacked a few weeks ago and is seemingly working hard to mitigate the problem.
In an SEC (Securities and Exchange Commission) filing, Caesar...
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In a blog post, Coinbase offered a strong rebuttal to the Securities and Exchange Commission (SEC) filing the first-ever cryptocurrency insider trading charges against one of its former employees. As part of that lawsuit, US prosecutors allege that Ishan Wahi, a former product manager at Coinbase, illegally shared...
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The United States Securities and Exchange Commission (SEC) has accepted a $5.5 million settlement offer from NVIDIA over findings that it "failed to disclose" in its filings that "cryptomining was a significant factor in year-over-year growth" from its GPU sales. Though NVIDIA submitted the offer, which the SEC...
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The Securities and Exchange Commission (SEC) is beefing up its Crypto Assets and Cyber Unit in an attempt to protect crypto investors and further thwart cyber-related threats. The unit, formerly known as the Cyber Unit, is adding 20 positions to its cyber-crime fighting force.
The Crypto Assets and Cyber Unit has...
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The Securities and Exchange Commission (SEC) is investigating Elon Musk and his brother, Kimbal Musk, for possibly violating insider-trading rules. The investigation stems from Kimbal selling some of his Tesla shares a day before Elon posted a poll on Twitter asking if he should sell 10% of his stock in the car...
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The founder of McAfee Antivirus, John McAfee, was found dead this afternoon in a Barcelona prison. McAfee had been held in the Spanish jail since early October 2020 following an indictment filed by the U.S. Securities and Exchange Commission (SEC) for failing to file tax returns and tax evasion. McAfee, who was 75...
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As we fast approach the warmer spring months, it appears as though hackers have gone crazy by infiltrating companies and organizations around the globe. From Microsoft Exchange Server vulnerabilities to Verkada camera hijacking, the security community is working overtime to fend off (and deal with the aftermath from)...
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John McAfee, the man behind McAfee Antivirus, has quite a long and storied history, from running for president to running from authorities. Now, McAfee is getting a few more items tacked on to his absurd life story: cryptocurrency fraud and money laundering.
The Securities and Exchange Commission (SEC) charged John...
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Yesterday, cryptocurrency exchange Coinbase filed with the Securities and Exchange Commission (SEC) to go public with class A common stock under the symbol COIN. In the filing, the Delaware-based company listed its risk factors, including the outing of Bitcoin creator Satoshi Nakamoto, the pseudonym used by the person...
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Under the cloud of madness that is Apple v. Epic Games, Unity Software is stepping up to go public sometime soon according to an SEC filing. The game engine and development software company is one of the largest out there with a self-reported 1.5 million active monthly creators and 3 billion Unity-based software...
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The Bitcoin boom has generally gone bust, and as a result, we just don't hear as much about cryptocurrency as a major market mover as we used to. The value of Bitcoin and other cryptocurrencies crashed last summer, leaving many investors hurting and lots of crypto mining rigs with expensive GPUs running idle and...
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Ethereum has taken a swift kick to the blockchain after the Securities and Exchange Commission (SEC) announced that it has "dozens" of investigations open in the cryptocurrency space associated with ICOs (Initial Coin Offerings). The announcement of the investigations was made by an agency official on March 15. The...
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If we had a time machine, we go back to the early days of Bitcoin and invest heavily. On this day seven years ago, Bitcoin was worth around $0.24. That means a $100 investment would have gotten you around 417 Bitcoins worth nearly $7.1 million today. The numbers turn really obscene when you crunch the numbers for when...
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Equifax may be now getting its public lashings for a cybersecurity breach that resulted in personal information of 143 million Americans being exposed to hackers, but it appears that the Securities and Exchange Commission (SEC) has a few skeletons in its closet as well.
The regulatory agencies announced late last...
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With the boom of cryptocurrencies, many geeks have flocked to the virtual mining of Bitcoin and Ethereum. The boom in Ethereum mining recently was so massive that it was hard for gamers to find AMD Radeon graphics cards for gaming PCs because so many Ethereum speculators had gobbled up all the cards on the market...
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Yet another agency is looking into a fatal crash involving a 2015 Tesla Model S. The latest to don its detective cap is the U.S. Securities and Exchange Commission (SEC), which is investigating whether Tesla ran afoul of securities regulations by not telling investors of the crash involving the company's self-driving...
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RadioShack is fast approaching a major hurdle in its long-running turnaround effort: it’s woefully short on cash. The company has been fighting declining sales with strategies that have left critics scratching their heads and was warned by the Securities and Exchange Commission (SEC) in July that its stock price...
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If you picture an HP executive as a straight-laced person in a conservative suit, it’s time to shake up that image, because three HP subsidiaries--in Russia, Poland, and Mexico--have spent years bribing government officials in those respective countries to snag lucrative contracts. "Hewlett-Packard subsidiaries...
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It's been 10 years since Microsoft and Nvidia colaborated on a console development project, but a clause in the agreement between the two companies could still have ramifications for the GPU manufacturer. The company's recent FY 2011 report with the SEC states: On March 5, 2000, we entered into an agreement...
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The collapse of Wall Street a few years back and the so-called Great Recession that followed were, it's generally agreed, pretty bad things. As investment banks began to fail and the Dow fell, the Securities and Exchange Commission (SEC) found itself in the uncomfortable position of having to explain how this had...
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