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News (3573)

Cryptocurrency Platform Hit with Supply Chain Attack

A cryptocurrency platform has been hit by a software  supply chain attack, reports ARS Technica. 

SushiSwap's chief technology officer says the company's MISO platform has been hit by a software supply chain attack

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Blockchain in the Seafood Chain

According to Food Tank, blockchain can help eliminate store and counter fraud in the seafood industry. 

Supply company Envisible is using blockchain technology to track its products from sea to store and counter fraud in the seafood industry.

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TrueCommerce Acquires DiCentral

TrueCommerce, a leading global cloud provider of supply chain and trading partner connectivity, integration, and omnichannel solutions, announced today that it has acquired DiCentral, a leading global B2B and API solutions provider. This acquisition enables TrueCommerce to fuel the growth of its leading global network, deepen its solutions portfolio, and expand its global geographic footprint.

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Making the Metal Manufacturing Industry Flexible

Startup Fractory wants to make the metal manufacturing supply chain more flexible, reports Tech Crunch. 

The manufacturing industry took a hard hit amid the COVID-19 pandemic, but there are signs of recovery — helped in part by new efforts to make factories more responsive to the fluctuations in demand that come with the ups and downs of the shifting economy, virus outbreaks and more.

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Hurricane Ida Will Impact Supply Chains

Hurricane Ida will exacerbate already existing supply chain problems, reports Business Insider. 

The aftermath of Hurricane Ida will only pile onto the multitude of supply chain issues.

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Bed Bath & Beyond Improves Supply Chain

According to Freight Waves, Bed Bath and Beyond is investing in supply chain technology in hopes of revitalizing the brand.

Two years ago, Bed Bath & Beyond was behind the times. Prior to the pandemic, the company focused almost exclusively on in-store sales.

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Offering More Eco-Friendly Shipping Options

According to Freightwaves, Verte and Manifest are partnering to offer more eco-friendly options.

It’s not often that consumers are willing to pay more for the same service. But that’s exactly what we’re seeing when it comes to shipping — more than half of 500 survey respondents say that they would pay 10% more for packaging and shipping practices that are more eco-friendly. 

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Automotive Chip Shortage Rages On

Amid continuous chip shortages Bosch, the largest car parts supplier, admits to having no confidence in the semiconductor supply chain, reports CNBC.

German technology and engineering group Bosch, which is the world’s largest car-parts supplier, believes semiconductor supply chains in the automotive industry are no longer fit for purpose as the global chip shortage rages on.

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Sweeping Counterfeits Out of the Chain

According to Supply Chain Brain, there is new technology that ferrets out counterfeit products from the supply chain. 

Supply chain counterfeiting is a universal problem that plagues almost every industry. There are counterfeit electronic components, car parts, consumer goods, pharmaceuticals — even counterfeit wines.

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Supply Chain Attacks Used Images

According to Texas News Today, hackers use malicious images to target attacks on the supply chain. 

Cybercriminals are beginning to use malicious container images as a way to install crypto miners on their corporate networks, but they can also be used as part of supply chain attacks targeting cloud-native environments.

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