DoJ Seizes $61 Million in Tether Linked to Pig Butchering Crypto Scams

Ravie LakshmananFeb 27, 2026Financial Crime / Social Engineering The U.S. Department of Justice (DoJ) this week announced the seizure of $61 million worth of Tether that were allegedly associated with bogus cryptocurrency schemes known as pig butchering. The confiscated funds were traced to cryptocurrency addresses used for the laundering of criminally derived proceeds stolen from […]

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Nvidia’s stock wraps up tough week as Wall Street focuses more on competition than growth

Nvidia CEO Jensen Huang speaks during a dinner event with the company’s Taiwanese suppliers in Taipei, Taiwan, on Saturday, Jan. 31, 2026. Lam Yik Fei | Bloomberg | Getty Images Nvidia reported blowout earnings on Wednesday and issued a better-than-expected forecast showing accelerating growth. CEO Jensen Huang proclaimed that “compute demand is skyrocketing.” Investor concerns […]

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CoreWeave CEO defends spending plans, tries to combat debt narrative as stock plummets nearly 20%

Coreweave CEO Mike Intrator backed up the company’s massive spending plans during an interview with CNBC’s “Squawk on the Street” on Friday as shares dropped post-earnings on profitability worries. Intrator told CNBC that Coreweave has willingly chosen to invest in more infrastructure and take a margin hit to meet the “once in a generation moment” […]

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Ultrahuman Ring Pro Launched With 15-Day Battery Life, Jade Biointelligence AI: Price, Features

Ultrahuman on Thursday expanded its wearable portfolio with the launch of the Ring Pro. It is the Bengaluru-based wearable brand’s third-generation smart ring, introduced alongside Jade, a real-time biointelligence AI. As per Ultrahuman, the new smart ring brings notable upgrades in battery life, processing capabilities, and durability. Jade, meanwhile, introduces a…

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Global Smartphone Shipments to Hit Record Low in 2026 Amidst Ongoing Memory Shortage, Prices Expected to Rise: IDC

According to the International Data Corporation’s (IDC) latest report, the memory chip shortage is expected to cause the global smartphone market to shrink this year. The annual smartphone shipments could fall to their lowest level in over a decade. Countries with a large share of entry-level smartphones could be affected more. The memory prices are […]

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Malicious Go Crypto Module Steals Passwords, Deploys Rekoobe Backdoor

Ravie LakshmananFeb 27, 2026Malware / Linux Security Cybersecurity researchers have disclosed details of a malicious Go module that’s designed to harvest passwords, create persistent access via SSH, and deliver a Linux backdoor named Rekoobe. The Go module, github[.]com/xinfeisoft/crypto, impersonates the legitimate “golang.org/x/crypto” codebase, but injects malicious code that’s responsible for exfiltrating secrets entered via terminal […]

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Huawei Watch GT Runner 2 Launched Globally With Intelligent Marathon Mode, 3D Floating Antenna: Price, Features

Huawei Watch GT Runner 2 has launched globally at GBP 350 (roughly Rs. 42,900). The titanium smartwatch features a 1.32-inch AMOLED display with 3,000 nits brightness and Kunlun Glass protection. It introduces Intelligent Marathon Mode with structured training plans, advanced running metrics, and recovery insights. The watch supports dual-band L1+L5 GPS with 20 percen…

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Netflix drops its WBD bid, Block layoffs, Anthropic’s DOD deadline and more in Morning Squawk

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. I spent last night watching a love triangle play out in the Broadway musical “Chess.” So, it’s only fitting that we bring you the latest updates on Netflix and Paramount Skydance‘s battle for Warner Bros. Discovery in this morning’s edition. […]

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ScarCruft Uses Zoho WorkDrive and USB Malware to Breach Air-Gapped Networks

Ravie LakshmananFeb 27, 2026Malware / Surveillance The North Korean threat actor known as ScarCruft has been attributed to a fresh set of tools, including a backdoor that uses Zoho WorkDrive for command-and-control (C2) communications to fetch more payloads and an implant that uses removable media to relay commands and breach air-gapped networks. The campaign, codenamed […]

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Trojanized Gaming Tools Spread Java-Based RAT via Browser and Chat Platforms

Ravie LakshmananFeb 27, 2026Endpoint Security / Windows Security Threat actors are luring unsuspecting users into running trojanized gaming utilities that are distributed via browsers and chat platforms to distribute a remote access trojan (RAT). “A malicious downloader staged a portable Java runtime and executed a malicious Java archive (JAR) file named jd-gui.jar,” the Microsoft Threat […]

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Amazfit Active 3 Premium Launched With 1.32-Inch Display, Up to 12 Days of Battery Life: Price, Features

Amazfit Active 3 Premium has been launched at $169.99 (roughly Rs. 15,500). The smartwatch features a 1.32-inch AMOLED display with 3,000 nits brightness, sapphire protection, and 4GB storage. It supports 170+ sports modes, Zepp Coach plans, advanced running metrics, and six satellite positioning systems with offline maps. The watch offers 24-hour health tracking, Blu…

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