Cyclops

Cyclops is a stablecoin infrastructure startup that builds platforms for payments firms. It is also the name of a ransomware-as-a-service operation that exploits Cisco vulnerabilities.

Why it’s in the news: Cyclops is in the news due to a significant funding round to scale its stablecoin platform and for its ransomware activity being linked to the Sandworm hacking group.

Latest on Cyclops

• 'Sandworm' Chains Cisco Vulnerabilities to Deploy Cyclops Blink
• Stablecoin infrastructure startup Cyclops raises $20 million
• Cyclops Raises $20 Million to Scale Stablecoin Platform for Payments Firms

Connections

2 entities linked to Cyclops across the news graph.