Grinex, a US-sanctioned cryptocurrency exchange registered in Kyrgyzstan, said it’s halting operations after experiencing a $13 million heist carried out by “western special services” hackers. Researchers from TRM, which has confirmed the theft, put the value of stolen assets at $15 million after discovering roughly 70 drained addresses, about 16 more than Grinex reported. Neither TRM nor fellow blockchain research firm Elliptic has said how the attackers slipped past Grinex’s…
Amazon won’t release Fire Sticks that support sideloading anymore
The writing was on the wall, and now it’s on Amazon’s website. Newly released Fire Sticks will not support the sideloading of Android apps or any other software from outside Amazon’s official app store. The proof comes from an update to Amazon’s website for developers, which currently reads: Starting with Fire TV Stick 4K Select [which came out in October], all future Fire TV Sticks will run on Vega. According…
Meta’s AI spending spree is helping make its Quest headsets more expensive
The rising costs of RAM and other computing components are pushing up the price of Meta’s Quest VR headsets, which the company says will increase by $50–$100 (about 12–20 percent) starting on April 19. In announcing that price increase on Thursday, the company cited the “global surge in the price of critical components—specifically memory chips—[that] is impacting almost every category of consumer electronics, including VR.” But unlike many of the…
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Recent advances push Big Tech closer to the Q-Day danger zone
Sometime around 2010, sophisticated malware known as Flame hijacked the mechanism that Microsoft used to distribute updates to millions of Windows computers around the world. The malware—reportedly jointly developed by the US and Israel—pushed a malicious update throughout an infected network belonging to the Iranian government. The lynchpin of the “collision” attack was an exploit of MD5, a cryptographic hash function Microsoft was using to authenticate digital certificates. By minting…
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