incidents

Enterprise

“Amid a Wave of Safety Incidents, Boeing CEO to Depart Company by Year’s End”

Boeing CEO to leave company by year-end, after a wave of safety incidentsBoeing’s chief executive Dave Calhoun will leave the plane-maker by the end of 2024, according to the company. Boeing operates an innovation acceleration programme aimed at startup’s called Aerospace Xelerated, formerly known as the Aerospace Technology Institute (ATI). It is also surrounding by a large ecosystem of aerospace startups that engage with the company. TechCrunch has reached out to Aerospace Xelerated for comment. In a company statement, Calhoun said he planned to “complete the critical work underway to stabilize and position the company for the future” over the coming months.

Max Chen
March 25, 2024

Uncategorized

Curtailment of Cryptocurrency Losses by Over 50% in the Year 2023

Crypto losses declined over 50% in 2023 Hackers and scammers laid back on the weekends, CertiK report findsWhile hackers continue to hack the crypto industry for a cash grab, the dollar amount is down substantially compared to the previous year. The total amount “lost” during 2023 from security incidents was almost $2 billion, down 51% from 2022, according to security-focused CertiK’s annual 2023 web3 security report. The report defines losses in this context as the value of digital assets stolen by malicious actors. During the past year, 10 incidents, including the $200 million Mixin Network and $197 million Euler Finance hacks, accounted for $1.11 billion of losses. One bit that wasn’t featured in the report is that there was a “marked decline” in hacks and scams over the weekends during 2023.