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Also: Zcash Patches Flaw, $32M Humanity Protocol HackThis week, a key player in a $97M laundering scheme got prison time, Humanity Protocol suffered $32M in losses, Zcash patched a flaw, the EU targeted crypto platforms tied to Russia, authorities froze $3.8M in illicit funds and researchers exposed a Trezor chip weakness.

Salt Typhoon Exposed Major Flaws in Telecom Networks. Few Changes Have Been MadeAfter China's Salt Typhoon breach of U.S. telecom networks, federal experts told Congress on Wednesday the nation remains dangerously exposed to another attack - despite warnings, investigations and interagency coordination, all of which have yet to produce systemic cyber defense improvements.

Meta Vows to AppealThe Irish data regulator fined social media platform Meta 251 million euros over a 2018 hack that exposed sensitive data of millions of European Facebook users, including that of children. The bug was in Facebook's "View As" feature permitting a user to see their own profile as it appears to others.