CryptoPunks NFT bundle goes for $17 million in Christie’s auction

A lot of 9 CryptoPunks portraits ended up selling for just under $17 million in a Christie’s auction Tuesday evening, marking another substantial moment for NFT art sales. The lot of pixelated portraits were from the collection of the NFT platform’s co-creators Matt Hall and John Watkinson. The CryptoPunks platform is one of the first …

Multicoin Capital debuts new $100M fund to bet on crypto startups and tokens

Crypto startups couldn’t be hotter as currencies push past all-time-highs and investor appetite reaches mania for new projects. Crypto investment firms that have been investing in blockchain startups for years are not only beginning to see major movement from their portfolio, but are gaining renewed appetite from LPs after a lengthy crypto winter to make …

UK’s IoT ‘security by design’ law will cover smartphones too

Smartphones will be included in the scope of a planned ‘security by design’ UK law aimed at beefing up the security of consumer devices, the government said today. It made the announcement in its response to a consultation on legislative plans aimed at tackling some of the most lax security practices long-associated with the Internet …

FBI launches operation to remove backdoors from hacked Microsoft Exchange servers

A court in Houston has authorized an FBI operation to “copy and remove” backdoors from hundreds of Microsoft Exchange email servers in the United States, months after hackers used four previously undiscovered vulnerabilities to attack thousands of networks. The Justice Department announced the operation on Tuesday, which it described as “successful.” In March, Microsoft discovered …