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The FBI has confirmed that the Bybit hack was conducted by a North Korean group, just as more details have come to light about how the attack was carried out. The Bybit hack, which resulted in the theft of nearly $1.5 billion worth of Ethereum cryptocurrency, was carried out on February 21. The attack was quickly linked to North Korean hackers, specifically the notorious Lazarus group.  In an alert published on Wednesday, the FBI said a threat actor it tracks as TraderTraitor, which the agency has been monitoring since 2022 for its attacks on blockchain companies, was behind the Bybit…

In this week’s edition of InnovationRx, we look at Eli Lilly’s weight-loss pill stockpiling, scaling stem cell manufacturing, the growing measles outbreak in Texas, and more. To get it in your inbox, subscribe here. getty Eli Lilly is stockpiling massive quantities of an oral weight-loss drug that’s at least a year from launch, with total “pre-launch inventory” of nearly $550 million at Dec. 31, 2024, according to its 10-K financial statements released last week. The unusual move represents a massive bet on a new once-daily pill for weight loss called orforglipron, at a time when GLP-1 drugs from Lilly and…

Texas-based employee screening giant DISA Global Solutions has revealed that a data breach suffered by the company in 2024 impacts more than 3.3 million people. DISA provides background screening, drug and alcohol testing, and compliance solutions. The company boasts serving more than 55,000 customers, and says it performs millions of drug tests and background screens every year. The firm told the public and authorities this week that 3.33 million individuals whose current or former employers used DISA screening services had their personal information stolen last year as a result of a cyber incident.  According to DISA, an intrusion into a…

The proposal urged Apple to follow a litany of high-profile companies that have recently rolled back diversity, equity and inclusion (DEI) initiatives.Apple shareholders have rebuffed an attempt to pressure the technology trendsetter into joining President Donald Trump’s push to scrub corporate programmes designed to diversify the workforce. The proposal drafted by the National Center for Public Policy Research — a self-described conservative think tank — urged Apple to follow a litany of high-profile companies that have retreated from diversity, equity and inclusion (DEI) initiatives currently in the Trump administration’s crosshairs. After a brief presentation about the anti-DEI proposal, Apple announced shareholders had rejected…

Tariffs on imports, mass firings of federal workers are some of the issues taking a toll on consumer psyche.United States consumer confidence deteriorated at its sharpest pace in 3-1/2 years in February while 12-month inflation expectations surged, offering further signs that Americans were growing anxious about the potential negative impact on the economy of President Donald Trump’s policies. The Conference Board survey on Tuesday noted that “comments on the current administration and its policies dominated the responses”. It followed on the heels of surveys last week showing steep declines in business and consumer sentiment in February. Tariffs on imports, which…

After several failed runs for Congress, Dan Bongino has made serious money in conservative media.Phillip Faraone/Getty Images for Politicon Dan Bongino isn’t worried about money. On a Monday livestream—the first since President Donald Trump announced his decision to nominate Bongino, a controversial conservative political commentator and former Secret Service agent, to be deputy director of the FBI—he declared that his focus was now on combating criminals, not expanding his bank account. “Money and all that other crap, who gives a damn about any of that stuff?” he asked. “We’ll figure that out later.” That’s probably because he’s already set for…

A handful of immigrant billionaires got their start in the U.S. with the help of a visa designed to lure highly skilled talent. Now, some of the nation’s biggest, billionaire-backed tech firms are the most prolific users of these H-1B visas. By Julie Goldenberg, Contributor Jeff Skoll, the Canadian engineer who was eBay’s first full-time hire and its first president, thought his future in the U.S. was secure back in the late 1990s. After having spent three years at the helm of the fledgling e-commerce company – creating its business plan, overseeing it as it grew to 3,000 employees before…

Microsoft has announced the world’s first quantum processing unit that uses topological qubits: the Majorana 1, “designed to scale to a million qubits on a single chip”. This is an amazing technical achievement – but does it change the timeline for quantum computer development? The promise and threat of quantum computing The potential power of quantum computing is difficult to imagine, but it will revolutionize society and science. It will help produce new medicines, provide more productive farming, and develop new materials – potentially solving many of humanity’s current intractable concerns. When combined with AI, each technology will help improve…

Topline President Donald Trump and Elon Musk, the world’s richest man and head of the powerful Department of Government Efficiency (DOGE), elevated decades-old conspiracies about the state of the U.S. government’s gold reserve at Fort Knox over the last two weeks, as Trump vowed to take a rare look inside the tightly guarded facility. The U.S. Bullion Depository in Ft. Knox, Kentucky.Bettmann Archive Key Facts “We’re actually going to Fort Knox to see if the gold is there. Because maybe somebody stole the gold. Tons of gold,” Trump said Monday afternoon at the White House. Beginning last weekend, Musk started…

Multiple companies and experts have found evidence linking the massive Bybit cryptocurrency heist to North Korean hackers. It came to light over the weekend that hackers targeted the cryptocurrency exchange Bybit, managing to steal roughly 400,000 Ethereum (ETH and stETH) — worth nearly $1.5 billion — in what is considered the biggest-ever cryptocurrency heist.  The funds were taken from an offline wallet belonging to Bybit. The company explained that the attack was conducted during the transfer of ETH from one of its cold wallets to a warm wallet.  Through a manipulation of the user interface, the hackers made it appear…