Business

Stormclouds gather for Facebook's Libra currency

International outcry is mounting over Facebook's Libra—with central banks, governments and regulators railing against the social media giant's upstart cryptocurrency.

Business

Software company founder McAfee charged with tax evasion

Antivirus software entrepreneur John McAfee has been charged with evading taxes after failing to report income made from promoting cryptocurrencies while he did consulting work, made speaking engagements and sold the rights ...

US puts sanctions on N.Korea hacking groups behind major thefts

The US Treasury on Friday placed sanctions on three North Korea government-sponsored hacking operations which it said were behind the theft of possibly hundreds of millions of dollars and destructive cyber-attacks on infrastructure.

Business

Facebook-backed Libra group pledges to 'reassure' regulators

The head of the Libra Association, created by Facebook to launch its new cryptocurrency, said Thursday the project's leaders would aim to "reassure" regulators who have voiced mounting concern over the virtual money.

Security

Russian sentenced to five years in prison for Trickbot malware

A Russian man has been sentenced to more than five years in prison for his involvement in developing the Trickbot malware used to extort businesses, including hospitals during the COVID pandemic, the US Justice Department ...

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