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What would a more aggressive U.S. cybersecurity posture look like, and would it deter the daily onslaught of ransomware and other threats? Cryptocurrency continue suffering losses from hackers. And environmental hacktivists go after mining companies. This is CyberScoop for Aug. 3.

The mistakes crippling U.S. cyber policy

No other domain has emerged so poorly in Department of Defense planning as cyber. The U.S. military enjoys dominance in all the other domains — land, sea, air and space. But it has fumbled badly with cyber. Today, cyberspace remains the domain where adversaries, criminal groups and terrorists operate largely freely. Cyberspace provides China and Russia the means to oppress and control citizens domestically, conduct information and influence operations inside the U.S., steal billions in intellectual property, threaten U.S. critical infrastructure, violate U.S. sovereignty daily and manipulate and extort the U.S. private sector. A few intellectual missteps by various U.S. government agencies made integrating the domain into a strong national security strategy especially worse — misreadings or unresolvable debates that continue to hamper strong U.S. strategy in cyberspace. Commentary from James Van de Velde.

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Solana suffers major hack

An unidentified hacker used an exploit to drain funds from more than 7,000 cryptocurrency wallets on the Solana blockchain as of Wednesday morning. Outside cryptocurrency analysis firms have placed the losses at roughly $5 million worth of Solana currencies. Solana says it has not yet identified the source of the exploit and is still investigating the attack. Several researchers have suggested the attack may have been the result of a vulnerability in a connected application, not an exploit in the blockchain. The hack follows an attack on the Nomad blockchain bridge Monday when hackers flocked to a vulnerability in its system to swindle $200 million worth of cryptocurrency. Tonya Riley has the latest.

Hacktivists target mining companies and regulators

A hacktivist collective released roughly 2 terabytes of files Wednesday from a group of mining companies and two agencies tasked with environmental regulation. This is the second release since March from Guacamaya, which takes its name from the Mayan word for macaw. The group says it's going after the companies in response to concerns around pollution, corruption and exploitation in the region. AJ Vicens reports.

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