Justinas Vainilavicius

Lithuania

Senior Journalist at CyberNews

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Articles

$200 million stolen in Hong Kong crypto heist

Sep 24, 2023 | cybernews.com | Justinas Vainilavicius

Mixin, a Hong Kong-based crypto company, announced that it was halting deposits and withdrawals for users after $200 million were stolen from its network. The company said in a post on X – the social media platform formerly known as Twitter – that the database of its cloud service provider was hacked in the early morning on Saturday (September 23rd), which led to the loss of “approximately US$200 million.” According to the company’s website, the network’s assets total at over $1 billion.
Rights advocates back surveillance tech bans in EU

Sep 22, 2023 | cybernews.com | Justinas Vainilavicius

Different forms of biometric surveillance, predictive policing, and “harmful” uses of AI in migration control must be banned in the EU, rights advocates say. Over a hundred civil society groups and academics across Europe have called on EU policymakers to put limits on “unchecked forms of discriminatory and mass surveillance”The EU AI Act provided an “urgent opportunity” to set legal boundaries for authorities to use AI and protect people from rights violations, the groups said in a statement.
Honda tests quantum navigation system

Sep 21, 2023 | cybernews.com | Justinas Vainilavicius

The system outperformed existing models in mapping out evacuation routes for people fleeing natural disasters such as earthquakes and floods, according to researchers. The system was tested in an earthquake scenario simulated on a realistic map of a small coastal town of Furubira in Japan’s northern Hokkaido island. It used what researchers called “supervised hybrid quantum machine learning” to shorten escape times for cars in the scenarios.
Google sued over fatal crash in North Carolina

Sep 20, 2023 | cybernews.com | Justinas Vainilavicius

The lawsuit alleges that Google Maps misguided a motorist to a collapsed “bridge to nowhere” last year as he was driving in the rain and darkness. The private bridge owners were also named as defendants in the negligence lawsuit filed in North Carolina Superior Court, Wake County this week. The suit claims that North Carolina motorist Philip Paxson was led to his death over a long collapsed bridge because of a “dangerously outdated” Google Maps.
Mention of AI raises companies’ stock price - study

Sep 18, 2023 | cybernews.com | Justinas Vainilavicius

Adobe, Meta, and Nvidia were among top S&P 500 companies that saw their stock prices skyrocket in three days after mentioning artificial intelligence (AI) in their earnings calls, a new study says. Adobe, the company behind image editing software Photoshop, saw its stock price increase 38.2% in three days after mentioning AI in its quarterly earnings call, according to research from Storible and WaltStreetZen.
Brits in dark about dark web, study shows

Sep 18, 2023 | cybernews.com | Justinas Vainilavicius

One in seven Brits have had personal data leaked in the past year but few can tell what the dark web is, according to new research. An equivalent of over 7 million people in the UK had their data leaked in the past year, yet more than three quarters, or 77%, rarely, or never, check if their data was stolen or leaked, according to a study from the cybersecurity firm F-Secure.
Starlink lost 200 satellites in two months – tracker | Cybernews

Sep 18, 2023 | cybernews.com | Justinas Vainilavicius

There’s been an uptick in burned Starlink satellites over the summer, according to satellite tracking data. Starlink, a satellite constellation operated by aerospace company SpaceX, lost 212 satellites in the period spanning July 18th and September 18th, data compiled by satellitemap.space shows. Data shows the number of burned-up satellites steadily increasing over the past three years, but a significant spike can be observed starting the month of July.
Match-fixers used satellites to target Bundesliga

Sep 14, 2023 | cybernews.com | Justinas Vainilavicius

A gang of match-fixers who used satellites to intercept live streams of sports games before they reached betting houses have been arrested in Spain. A novel, technology-based “modus operandi” primarily targeted the Bundesliga, a German soccer league, and its counterparts in Asia and South America, according to Europol, the EU’s police agency.
Russia inches closer to Chinese-style great firewall

Sep 14, 2023 | cybernews.com | Justinas Vainilavicius

Digital rights advocates warn that Russian authorities are advancing rapidly in their efforts to achieve total control of the internet, as attempts to outlaw VPN services gain traction. Russia’s censorship body Roskomnadzor has been asked to decide whether VPN services seen as violating the country’s laws should be banned from RuStore, the country’s official Android store.
NASA pushes for enhanced space comms

Sep 13, 2023 | cybernews.com | Justinas Vainilavicius

NASA wants a “smooth” transition to fully commercialized near-Earth communications and has picked four companies to help it achieve its goal. The four companies selected by the space agency will perform capability studies in three areas: wideband satellite communications, phased array ground systems, and constellation topology analysis.