cyber security

Globally critical chip firm drives rift between US and Netherlands over China tech policy

Globally critical chip firm drives rift between US and Netherlands over China tech policy

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Dutch Prime Minister Mark Rutte speaks with US President Joe Biden. The United States pressured the Netherlands to block exports of high-tech semiconductor equipment to China. The Netherlands is home to ASML, one of the most important companies in the global semiconductor supply chain. Suzanne Walsh | AFP | Getty Images Washington has its sights …

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Hackers begin laundering part of $477 million stolen from crypto exchange FTX

Hackers begin laundering part of $477 million stolen from crypto exchange FTX

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Hackers who stole an estimated $477 million worth of cryptocurrency from collapsed FTX exchange began laundering the funds in bitcoins. This month, after FTX filed for bankruptcy, new CEO John Ray III said that “unauthorized access to certain assets has occurred.” Blockchain analytics firm Elliptic estimates that around $477 million worth of cryptocurrency was stolen …

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