The Interplanetary File System (IPFS) reduces latency for data transmissions in space. The Filecoin Foundation and Lockheed Martin Space have successfully transmitted data in space using a version of the InterPlanetary File System (IPFS) on a satellite orbiting Earth, Marta Belcher, president of the Filecoin Foundation, told Cointelegraph. Filecoin and Lockheed Martin adapted the system for use in space and successfully tested it, Belcher said during the Consensus 2025 conference in Toronto. The IPFS enhances privacy and security compared to traditional web protocols, such as HTTP, by identifying data based on its content rather than its location. This has additional benefits for data transmission in space, Belcher said. Read more
Details associated with Sequoia Capital partner Roelof Botha’s Coinbase account were reportedly compromised in an attack affecting “less than 1%” of the exchange’s monthly users. At least one partner at Sequoia Capital was reportedly impacted by the recent data breach among Coinbase users, suggesting that data from others at the venture capital firm may also have been compromised. According to a May 16 Bloomberg report, Sequoia Capital Managing Partner Roelof Botha’s personal information available through his Coinbase account was stolen after a group of cybercriminals bribed the exchange’s support agents for access to user data. Though Botha had not publicly disclosed his net worth, estimates suggested he had hundreds of millions of dollars in assets. Coinbase disclosed the data breach in a May 15 blog post, saying that some of its users had been targeted with social engineering attacks after the criminals had access to their personal account information. The company said the group attempted to extort $20 mil...