The LockBit Ransomware Variant: How It Operates in the Ransomware-as-a-Service Model – DOJ Press Release

The LockBit Ransomware Variant: How It Operates in the Ransomware-as-a-Service Model – DOJ Press Release

The LockBit ransomware operates in the ‘ransomware-as-a-service’ model, where developers design the ransomware, recruit affiliates to deploy it, and maintain a control panel to provide tools for deployment. This information was released by the Department of Justice. This article originally appeared on www.coindesk.com The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has taken a … Read more

Eggdog: The Next Big Thing in the Cryptocurrency World | Exclusive NFT Release and Community Growth

Eggdog: The Next Big Thing in the Cryptocurrency World | Exclusive NFT Release and Community Growth

Is This the Next Bonk in the Crypto Space? Eggdog, a new cryptocurrency project, has gained a lot of attention and popularity in a short amount of time. Its market capitalization reached $20 million in just two weeks, drawing comparisons to the success of Bonk. The project’s appeal lies in its tokenomics and connection to … Read more

Sam Bankman-Fried’s Defense Renews Push for ‘Temporary Release’ Ahead of October Trial

Sam Bankman-Fried, the founder of cryptocurrency trading firm FTX, is seeking a temporary release ahead of his scheduled October trial on charges related to market manipulation. Bankman-Fried's defense team has recently renewed their push for his temporary release, citing concerns over his deteriorating mental health and the potential impact it may have on his ability to effectively participate in his defense.

Defense attorney Christian Everdell stated in a letter that they believe only temporary release will properly address the problems and protect Mr. Bankman-Fried’s right to participate in his own defense. They requested the court to reconsider its decision and require the Marshals to bring Mr. Bankman-Fried to a specific location five days a week, where … Read more