Business

Coinbase loses half its value in a week as crypto slumps

Cryptocurrency trading platform Coinbase has lost half its value in the past week, including its biggest one-day drop 5o date on Wednesday as the famously volatile crypto market weathers yet another slump.

Security

House panels probe gov't use of facial recognition software

Two House committees have launched an investigation into the government's use of facial recognition software that was most recently used by the Internal Revenue Service, but stopped after complaints from lawmakers and privacy ...

Business

SolarWinds says its new security measures are reassuring clients

SolarWinds says it has beefed up security and tightened its software screening process 15 months after one of the most sophisticated cyberattacks exposed thousands of its customers to Russian spies and left U.S. government ...

Security

Canadian extradited to US to face ransomware charges

A Canadian man has been extradited to the United States to face charges in connection with ransomware attacks that netted tens of millions of dollars in cryptocurrency, the Justice Department said Thursday.

Business

Crypto, NFTs are rife with 'mountains' of fraud, IRS says

IRS criminal investigators see cryptocurrencies and nonfungible tokens as ripe for fraud, including money laundering, market manipulation and tax evasion—and even celebrities could get caught up in the agency's probes.

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