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Russian ransomware group's dark web sites mysteriously go down
Dark web sites tied to the Russian-based cyber gang REvil were not operating on Tuesday, just two weeks after the group launched a large-scale ransomware campaign that affected more than 1,500 companies around the world, according to CNBC.
Why it matters: It's unclear whether the sites — which REvil uses to facilitate its ransom negotiations — are down because of a technical problem, a law enforcement operation, or some other explanation. The group's public spokesperson has also been silent on message boards since last week, according to Politico.
North Korea first country to pull out of Olympics over COVID concerns
North Korea's sports ministry announced Tuesday that it's decided to pull out of this summer's Tokyo Olympics "to protect athletes from the global health crisis caused by the coronavirus."
Why it matters: North Korea is the first country to withdraw its team from the Games because of pandemic concerns.
The Suez Canal is clear, but shipping is still broken
International shipping and supply chains are in rough shape, even without a container ship lodged in the Suez Canal.
Why it matters: The pandemic threw a wrench into the gears of a global network that was already struggling with oversized ships and unbalanced product flows. Given how long it takes for the system to recover from any kind of shock, the echoes of the Ever Given disruption are likely to reverberate for months.
Ripple CEO calls for clearer crypto regulations following SEC lawsuit
Ripple CEO Brad Garlinghouse tells "Axios on HBO" that if his company loses a lawsuit brought by the SEC, it would put the U.S. cryptocurrency industry at a competitive disadvantage.
Why it matters: Garlinghouse's comments may seem self-serving, but his call for clearer crypto rules is consistent with longstanding entreaties from other industry players.