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On the Dangers of Cryptocurrencies and the Uselessness of Blockchain

Schneier on Security

Nothing in that letter is out of the ordinary, and is in line with what I wrote about blockchain in 2019. In response, Matthew Green has written —not really a rebuttal—but a “a general response to some of the more common spurious objections …people make to public blockchain systems.”

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As of May 2024, Black Basta ransomware affiliates hacked over 500 organizations worldwide

Security Affairs

The researchers analyzed blockchain transactions, they discovered a clear link between Black Basta and the Conti Group. Most of the victims are in the manufacturing, engineering and construction, and retail sectors. The largest received ransom payment was $9 million, and at least 18 of the ransoms exceeded $1 million.

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SEC Charges Shopin Founder with fraud over unregistered $42M ICO

Security Affairs

Eyal launched an Initial Coin Offerings (ICOs) to raise funding to create universal shopper profiles, maintained on the blockchain , that would track customer purchase histories across online retailers and recommend products based on the collected data. The problem is that SEC believes that Shopin never created a functional platform.

Retail 225
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Using blockchain to combat counterfeiting in manufacturing

CGI

Using blockchain to combat counterfeiting in manufacturing. Correspondingly, for manufacturers and retailers, safeguarding the consumer experience and ensuring safety and trust are key to protecting the brand. Product authenticity plays a huge role in assuring consumer confidence for B2B and B2C businesses. ravi.kumarv@cgi.com.

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Black Basta Ransomware gang accumulated at least $107 million in Bitcoin ransom payments since early 2022

Security Affairs

The researchers analyzed blockchain transactions, they discovered a clear link between Black Basta and the Conti Group. ” Most of the victims are in the manufacturing, engineering and construction, and retail sectors. The largest received ransom payment was $9 million, and at least 18 of the ransoms exceeded $1 million.

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The top 5 trends transforming retail and CPG in 2025 

OpenText Information Management

The retail and Consumer Packaged Goods (CPG) industries are experiencing a profound technological metamorphosis, driven by rapid digital innovation, changing consumer expectations, and the need for operational efficiency. In 2025, these technologies are no longer novelties but integral components of retail and CPG marketing strategies.

Retail 81
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Arrests in $400M SIM-Swap Tied to Heist at FTX?

Krebs on Security

11, 2022 after they SIM-swapped an AT&T customer by impersonating them at a retail store using a fake ID. Tom Robinson , co-founder of the blockchain intelligence firm Elliptic , said the attackers in the FTX heist began to drain FTX wallets on the evening of Nov. 11, 2022 local time, and continuing until the 12th of November.