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US Department of Justice confiscated 50676 BTC worth 336 billion US Department of Justice confiscated 50676 BTC worth 336 billion

Security

US Department of Justice confiscated 50,676 BTC worth $3.36 billion from a hacker

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32-year-old resident of Georgia (USA) James Zhong (James Zhong) pleaded guilty in front of a Manhattan court to “hacking communication fraud” of 50,676 BTC from Silk Road darknet marketplace back in 2012.

US Department of Justice confiscated 50,676 BTC worth $3.36 billion from a hacker

Silk Road was the first major darknet marketplace, allowing merchants to sell often illegal goods in exchange for Bitcoin. Zhong managed to trick the Silk Road payment system into giving him bitcoins through a series of fake accounts.

In September 2012, Zhong carried out a fraudulent scheme using fake accounts by not displaying or buying any goods or services on the site. According to the authorities, he made deposits ranging from 200 to 2,000 BTC, after which he made quick withdrawals.

“For example, on September 19, 2012, Zhong transferred 500 BTC to the Silk Road wallet. Less than five seconds after making a deposit, he completed five withdrawals of 500 BTC in a row, resulting in a net profit of 2,000 BTC.

According to the Ministry of Justice, Zhong initiated more than 140 such transactions in total. The scheme netted him over 50,000 BTC. After the hard fork in the network of the first cryptocurrency, the man received a similar amount in Bitcoin Cash, which he then exchanged for Bitcoins.

Authorities initially seized Bitcoins, as well as precious metal bars and more than $600,000 in cash, at Zhong’s home during a November 9 raid last year. They would findaboutmost of Bitcoin by discovering private keys in an underground safe and “on a single-board computer that was submerged under the covers in a popcorn tin stored in the toilet.”

A Georgia resident pleaded guilty to wire fraud. The maximum penalty under this article is 20 years in prison.

The court issued a preliminary ruling agreeing to the confiscation of Zhong’s property. The final verdict will be announced on February 22, 2023.

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Phones

Possibly hundreds of millions of smartphones are at risk. A vulnerability has been discovered that manufacturers are in no hurry to fix

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Possibly hundreds of millions of smartphones are at risk A

Google, as part of its Project Zero project, has published information about a new vulnerability CVE-2022-33917 that affects millions of smartphones.

Possibly hundreds of millions of smartphones are at risk.  A vulnerability has been discovered that manufacturers are in no hurry to fix

The fact is that we are talking about a vulnerability in Mali GPUs, which are used in a huge number of single-chip systems. Google does not specify, but the Arm website has information that the vulnerability affects solutions based on the Valhall architecture. And this means that we are talking about a huge number of graphics cores that have been and are being used in SoCs in recent years, including the latest Mali-Gx10. That is, we are not talking about millions of vulnerable smartphones, but rather hundreds of millions of devices based on SoC MediaTek, Exynos and Tensor.

Arm itself patched the vulnerability some time ago, but the problem is that many vendors still haven’t implemented those patches. This applies to many devices from Samsung, Xiaomi, Oppo and even Google itself.

If exploited, the vulnerability is intended to allow an attacker to read and write physical pages after they are returned to the system, potentially gaining wide access to user data.

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Gaming

Elon Musk invited a famous hacker of iPhone and PlayStation consoles to Twitter

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Elon Musk invited a famous hacker of iPhone and PlayStation

Elon Musk hired a hacker who created the world’s first iPhone jailbreak in 2007 and bypassed Sony consoles in 2010. We are talking about George Hotz (George Hotz), known under the nickname Geohot. He also founded the startup Comma.ai, where an autopilot system for cars is being developed.

Elon Musk invited a famous hacker of iPhone and PlayStation consoles to Twitter

In 2015, Hotz began building his own autopilot and offered Musk a license. Instead, the businessman invited a specialist to Tesla, but Hotz refused.

A November 16 Hotz wrote on Twitter, which supports Musk’s decisions about the “hardcore mode of operation.” He also stated that he was ready for an internship at Twitter with a minimum pay that is equal to the cost of living in San Francisco. Musk answered and invited the developer to Twitter.

Elon Musk invited a famous hacker of iPhone and PlayStation consoles to Twitter

George Hotz

First, the specialist will improve the advanced search in the social network so that users no longer set filters manually.

Earlier it was reported that Musk took up the “fire servers.”

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Security

Hackers hacked one of Nvidia’s Twitter accounts to “advertise” Dogecoin

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Hackers hacked one of Nvidias Twitter accounts to advertise Dogecoin

The official Nvidia Taiwan Twitter account has been hacked.

Hackers hacked one of Nvidia's Twitter accounts to

This account has been inactive since 2019, but today unexpectedly posted posts related to the Dogecoin cryptocurrency. Given the recent purchase of Twitter by Elon Musk and his love for this cryptocurrency, the situation looks quite funny.

Be that as it may, the attackers published a record about a certain Dogeathon 2022 event and added a link to the record. Of course, the link was used for phishing.

The account is currently suspended. Nvidia itself has not yet commented on the situation.

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