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The FBI says that 2023 was a record year for cryptocurrency fraud, with total losses exceeding $5.6 billion, based on nearly 70,000 reports received through the Internet Crime Complaint Center (IC3).

This marks a 45% increase in losses compared to the previous year, driven primarily by investment fraud, which accounted for 71% of the total cryptocurrency losses. Other types of fraud contributing to the statistics include tech support scams, call center fraud, and government impersonation.

The vast majority of the reported losses ($4.8 billion) were incurred by U.S. citizens, followed by Cayman Islands ($196M), Mexico ($127M), Canada ($72M), the UK ($59M), India ($44M), and Australia ($25M).

Life insurers and those offering income protection and permanent disability insurance will be banned from using genetic testing to refuse cover, or hike up charges, for a range of insurance products.

The federal government announced on Tuesday it would ban the practice that saw consumers discriminated against if they disclosed the results of genetic tests that predict their likelihood of an inherited disease.

It comes after consultation to address genetic discrimination in life insurance earlier this year. More than 1,000 submissions were received with 97 per cent supporting a total ban.

White House declares BGP security issues a national priority – BGP handles routing for the entire internet.


A Dangerous Network: The Border Gateway Protocol has been the primary routing technology for the internet for at least three decades. Like other fundamental internet protocols developed in the 1980s, BGP was not originally designed with security in mind – and it shows.

After numerous incidents related to traffic routing among different autonomous systems, the White House has decided to address the security issues of the Border Gateway Protocol. The US administration has tasked the White House Office of the National Cyber Director with developing a roadmap to enhance the security of routing procedures managed through BGP.

The venerable BGP is one of the most fundamental protocols that emerged alongside the modern internet, according to a White House press release. This standardized technology provides a practical way for over 70,000 independent networks or autonomous systems to collaborate and exchange data packets effectively. Cloud providers, internet service providers, universities, utilities, and even government agencies rely on BGP to connect the internet we know today.

The big picture: The US is committed to establishing semiconductor manufacturing within its borders, and perhaps no effort is more crucial to this goal than TSMC’s three-fab facility in Arizona. The government is pouring billions into the development, alongside TSMC’s $65 billion investment.

Taiwan Semiconductor Manufacturing Co. has reached a significant milestone in its expansion into the US. Recent trial production at the company’s new Arizona facility has yielded results comparable to those of its established plants in Taiwan, according to Bloomberg, which cited a person familiar with the company who requested anonymity. This development is a positive sign for the chipmaker’s ambitious US project, which has faced delays and doubts about whether it could match the production efficiency of its Taiwanese operations.

The Arizona plant began engineering wafer production in April using advanced 4-nanometer process technology. With production yields now on par with its facilities in Tainan, Taiwan, TSMC should be able to maintain its targeted gross margin rates of 53 percent or higher.

TAMPA, Fla. — European small satellite maker Aerospacelab announced the opening of its first manufacturing facility in the United States Sept. 5 amid efforts to break into the lucrative U.S. government market.

The company sees the potential for contracts that would enable the 3,300 square-meter facility in Torrance, California, to reach a capacity to produce an average of two satellites a week in a single shift.

“With Space Force recently announcing its plans for not only a commercialization strategy, but [also the Space Development Agency] signaling their desire to diversify their supply base, we see potential not only for U.S. commercial customers,” said Tina Ghataore, group chief strategy and revenue officer at Aerospacelab and its CEO for North America.

This team is on a roll.


Launching aboard Firefly’s Alpha vehicle in 2024, this mission will demonstrate the responsive on-orbit capabilities of our Elytra vehicle. As the first of many missions utilizing multiple Firefly vehicles, the demonstration will lay the groundwork for Firefly’s end-to-end mission solutions, proving our capabilities to rapidly launch, maneuver, and deploy satellites at a time and place of our customers’ choosing.

In support of Xtenti’s follow-on study contract with the NRO, the mission will demonstrate a rapid payload reconfiguration utilizing Xtenti’s FANTM-RiDE payload dispenser prior to launching on Firefly’s Alpha vehicle. Upon launching on Alpha, Firefly’s Elytra vehicle will utilize the FANTM-RiDE dispenser to first deploy commercial rideshare payloads in Sun-Synchronous Orbit, and then perform an on-orbit maneuver and stand ready to deploy U.S. government payloads on-demand.

These important demonstrations will further advance our nation’s responsive space capabilities.

A real stinker.


The trial, conducted by Amazon Web Services, was commissioned by the government regulator as a proof of concept for generative AI’s capabilities, and in particular its potential to be used in business settings.

That potential, the trial found, is not looking promising.

In a series of blind assessments, the generative AI summaries of real government documents scored a dire 47 percent on aggregate based on the trial’s rubric, and were decisively outdone by the human-made summaries, which scored 81 percent.

“Space-based research has a long history of contributing to advancements on Earth,” said Dr. Lisa Carnell.


The International Space Station (ISS) has been a beacon of scientific and medical research ever since the station’s first module was launched in 1999, as astronauts continue to push the boundaries regarding microgravity research that has contributed to advancing science and medical knowledge back on Earth. To continue this, NASA and the ISS National Laboratory recently announced a partnership through the ISS National Lab Research Announcement (NLRA) 2024-09: Igniting Innovation: Science in Space to Cure Disease on Earth that will provide up to $4 million with the goal of helping to advance disease diagnosis and treatment back on Earth.

Through collaboration between government agencies, industry, and academia, the NLRA hopes to accomplish several objectives pertaining to developing medical technologies on Earth, including disease mechanism models, population and disease diversity, drug discovery & development, drug delivery, and drug resistance. This announcement comes after the ISS National Laboratory announced in July 2024 that five projects were selected for the Cancer Research in Space for Life on Earth with the goal of providing $7 million in grants to advance cancer research in microgravity onboard the ISS.