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Major Cryptocurrency ATM Manufacturer General Bytes Hacked, Over $1.5M in Bitcoin Stolen
19.3.2023
General Bytes experienced a security incident on March 17 and 18 that enabled a hacker to remotely access the master service interface and send funds from hot wallets, according to the company and sources. The breach forced a majority of U.S.-based crypto automated teller machine (ATM) operators...
Debate over 2FA using SMS after sim-swapping victim sues Coinbase
8.3.2023
While members of the crypto community are doubtful the lawsuit against Coinbase will be successful, it has sparked a conversation about the issues with SMS 2FA
British Security Think Tank’s Report Warns NFTs Could Bolster Money Laundering Schemes
4.12.2021
The Royal United Services Institute (RUSI), the British defense and security think tank, questions whether or not non-fungible token (NFT) assets can be used for money laundering purposes. The report determines that in order to mitigate the money laundering risks a ‘know your...
Users panic after Coinbase mistakenly sends 2FA reset notices to customers
31.8.2021
Coinbase sent an email to 125,000 users mistakenly notifying them their two-factor authentication settings had been changed
Buda Exchange Starts Requesting Selfie Verification for Withdrawals to New Bitcoin Addresses
2.8.2021
Buda, a Chile-based cryptocurrency exchange, has started requesting selfie verification every time a user needs to withdraw funds to a new bitcoin address. This new measure now introduces a new layer of security for users to avoid getting their accounts hacked, but it will only be mandatory...
How to Use a U2F Key to Secure Your Crypto Accounts
9.2.2020
Universal 2nd Factor (U2F) is an open standard for strengthening two-factor authentication. It involves the use of a physical key to reinforce 2FA, hardening your online accounts from attack. In this guide, we’ll explain how to use a Yubikey to lock down your exchange account, email account...
PR: Pbet Announces IEO Launch on LATOKEN
5.8.2019
Pbet has recently got its IEO hosted at LATOKEN exchange on its multi-asset trading platform. The company envisions to conjoin physical casinos with online casinos, thanks to its blockchain crypto-based Unified Gaming platform.
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How to Use a Physical Security Key to Safeguard Your Exchange Account
4.6.2019
If you are keeping funds on a cryptocurrency platform such as a centralized exchange it is highly advisable you make sure your accounts are as safe as possible. Using a physical security key can greatly help with this as well as safeguarding other private services such as email and cloud storage....