‘Godman’ fugitive establishes island nation, plans to use crypto instead of fiat

One of India’s self-proclaimed “godmen” has established his own island nation off the coast of Ecuador, and wants to use cryptocurrency as the basis for its economic policy. Nithyananda, a fugitive on the run over allegations of rape and abduction, yesterday announced he’d founded the Republic of Kailaasa — a supposedly sovereign state that would serve…

Severe Auth Bypass and Priv-Esc Vulnerabilities Disclosed in OpenBSD

OpenBSD, an open-source operating system built with security in mind, has been found vulnerable to four new high-severity security vulnerabilities, one of which is an old-school type authentication bypass vulnerability in BSD Auth framework. The other three vulnerabilities are privilege escalation issues that could allow local users or malicious software to gain privileges of an…

Volvo invests in autonomous vehicle operating system startup Apex.AI though its VC arm – TechCrunch

Volvo is making an investment in Palo Alto-based Apex.AI, a startup working on developing a robotic operating system qualified for use in production automobiles. Apex.AI, founded by automated systems engineers Jan Becker and Dejan Pangercic, raised $15.5 million in a Series A last November, and revealed that its focus is on developing an enterprise-focused version…