Binance, Coinbase, and several other major crypto exchanges have joined TRM Labs' new Beacon Network, aimed at combating cryptocurrency-related crime. The initiative involves collaboration with law enforcement to monitor and flag suspicious activities in real-time, enhancing consumer protection in the crypto ecosystem.
Former Disney employee Michael Scheuer was sentenced to three years in prison and fined nearly $688,000 for hacking into Disney's IT systems and altering restaurant menu information, including allergen details, in retaliation for his firing. Scheuer's actions caused significant disruptions, including a denial of service attack affecting multiple employees and unauthorized changes to menu designs and images. His criminal activities were uncovered following an FBI investigation that led to the seizure of his computer and evidence of his malicious actions.