Daily Crunch: Bitcoin-demanding cybercriminals use bug from 2021 to initiate global ransomware attack
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Summary:In honor of Black history month, we want to share some good news for BIPOC founders, as more funding is becoming available: Dominic-Madori reports that Nex Cubed launched its HBCU (historically Black colleges and universities) Founders Fund, weighing in at $40 million. Meanwhile, Natasha M reports that Kapor Capital’s new crew is raising a $50 million opportunity fund earmarked for social impact ventures and founders of color. Young and vulnerable: Carly reports that hackers have been busy exp

In honor of Black history month, we want to share some good news for BIPOC founders, as more funding is becoming available: Dominic-Madori reports that Nex Cubed launched its HBCU (historically Black colleges and universities) Founders Fund, weighing in at $40 million. Meanwhile, Natasha M reports that Kapor Capital’s new crew is raising a $50 million opportunity fund earmarked for social impact ventures and founders of color. Young and vulnerable: Carly reports that hackers have been busy exploiting a two-year-old VMware flaw to launch a large-scale ransomware campaign that is targeting thousands of organizations around the world.

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