United Airlines Flights Grounded by Tech Outage A nationwide technology outage forced United Airlines to halt all its mainline flights on Wednesday, as reported by ABC News. The disruption, which stemmed from a malfunction in the airline’s weight and balance computer system, created significant travel chaos. Despite the issue being resolved within a few hours,…
Iran’s largest cryptocurrency exchange, Nobitex, suffered a significant cyberattack on June 18, with blockchain analytics firm Elliptic so far identifying over $90 million in funds transferred from Nobitex wallets to hacker-controlled addresses. This major breach follows a stark warning issued by the pro-Israel hacker group Gonjeshke Darande, or “Predatory Sparrow,” which claimed responsibility for cyberattacks…
Coinbase Hit by Major Cyber Attack Ahead of S&P 500 Entry Just days before its planned addition to the prestigious S&P 500 index, cryptocurrency giant Coinbase has been rocked by a cyberattack that could cost the company as much as $400 million. The attack, which targeted employees and contractors, enabled hackers to impersonate the firm…
At first perceived as a decentralized alternative to traditional financial systems, cryptocurrencies are now part of mainstream investment portfolios. They are experiencing growth in market capitalization as well as increased investor engagement. However, there is a less visible but more potent threat that these attacks are targeting crypto exchanges: the cyberattack epidemic. While positive market…
