Security

Bybit Loses $1.5B in Hack but Can Cover Loss, CEO Confirms

Cryptocurrency exchange Bybit faced a significant security breach with $1.46 billion in suspicious outflows, marking potentially the largest crypto hack in history. The incident involved the transfer of 401,346 ETH and other staked ether variants to a new wallet, which is now liquidating assets on decentralized exchanges. CEO Ben Zhou confirmed the hack while assuring that other cold wallets remain secure and withdrawals are functioning normally.

We're at a crossroads

The Matrix.org Foundation faces financial challenges despite doubling revenue in 2024, needing $610K to break even and may shut down bridges without $100K by March 2025. The Foundation maintains critical programs including spec maintenance, trust and safety tooling, and network growth initiatives while transitioning from Element dependency to diversified funding sources. Matrix's ecosystem shows growing adoption and urgency for decentralized communication, yet requires sustainable funding to continue its mission of providing sovereign and secure communication.

Pricing - Obsidian

Obsidian offers a privacy-focused note-taking platform with optional paid services for syncing and publishing, starting at $4 USD per month. The platform emphasizes data security with local storage and end-to-end encryption, while offering educational discounts and supporting independent development through Catalyst memberships.

Greg Kroah-Hartman Makes A Compelling Case For New Linux Kernel Drivers To Be Written In Rust

Linux kernel maintainer Greg Kroah-Hartman advocates for writing new kernel drivers in Rust, highlighting how it eliminates common C-related memory bugs. The debate over Rust in the Linux kernel continues, with Linus Torvalds supporting its inclusion despite some maintainers' opposition. Kroah-Hartman emphasizes that while existing C code won't disappear, Rust offers better memory safety and API design opportunities.

14 years of systemd

Lennart Poettering's FOSDEM keynote discusses systemd's 14-year evolution from an init system to a comprehensive suite of Linux OS building blocks, highlighting its growth to 150 binaries, adoption by major distributions, and future focus on boot integrity, IPC improvements, and image-based deployments.

Go 1.24 Release Notes

Go 1.24 introduces significant performance improvements with a new Swiss Tables-based map implementation and enhanced memory allocation efficiency, reducing CPU overheads by 2-3%. The release adds support for ML-KEM post-quantum cryptography, FIPS 140-3 compliance mechanisms, and new testing tools for concurrent code.

GitHub - dvershinin/gixy: NGINX configuration static analyzer

Gixy is a security-focused tool for analyzing Nginx configurations, detecting potential misconfigurations and vulnerabilities. The fork maintains support for Python 3.6 through 3.13, offering features like Server Side Request Forgery detection and HTTP Splitting prevention. Available through PyPI, yum, or Docker, Gixy helps automate security flaw detection in Nginx setups.