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Nalezeno "security concerns": 21

NFTs are Highly Susceptible to Fraud and Scams: US Treasury Report

30.5.2024
The US Treasury findings highlighted several potential risks and security concerns and challenges involved in NFTs. The post NFTs are Highly Susceptible to Fraud and Scams: US Treasury Report appeared first on Cryptonews

Crypto casinos can onboard millions of users into Web3 — MyPrize CEO

16.5.2024
On the latest episode of The Agenda podcast, MyPrize founder Zach Bruch makes the case for crypto casinos and online gambling as a path toward mass adoption

US Blocks Chinese-Backed Crypto Mining Firm From Owning Land Near Wyoming Missile Base

14.5.2024
President Joe Biden has issued an order blocking MineOne, a majority Chinese-backed cryptocurrency mining firm from owning land near a strategic nuclear missile base in Wyoming due to security concerns. The post US Blocks Chinese-Backed Crypto Mining Firm From Owning Land Near Wyoming Missile Base...

IRS Releases Draft Tax Form for Digital Assets — Expert Raises ‘Major Privacy and Security Concerns’

21.4.2024
The U.S. Internal Revenue Service (IRS) has released a draft tax Form 1099-DA for reporting digital asset proceeds from broker transactions. Brokers, including unhosted wallet providers, are required to report proceeds from digital asset dispositions to the IRS. A crypto tax expert has highlighted...

Senator Elizabeth Warren Slams Push For Stablecoin Bill, Cites National Security Risks

10.4.2024
Senator Elizabeth Warren is criticizing the push for a stablecoin bill without anti-money laundering laws in place due to national security concerns, a letter sent on Monday to House Financial Service Committee Chairman Patrick McHenry (R-NC) and Ranking Member Maxine Waters (D-CA) reveals. Warren...

Saudi Investors Barred from FTX’s Anthropic Stake Sale Over National Security Concerns

23.3.2024
AI startup Anthropic will not accept investments from Saudi Arabia in the sale process of 8% of its shares as part of FTX's bankruptcy proceedings. The post Saudi Investors Barred from FTX’s Anthropic Stake Sale Over National Security Concerns appeared first on Cryptonews

Security Concerns and High Transaction Costs Top Obstacles to Mainstream Web3 Adoption: Report

22.2.2024
Web3 is ripe for mainstream adoption but there are still a few challenges that need to be addressed before onboarding next billion users onto the next generation of internet built on the blockchain technology, as per a recent survey report by Web3Auth. The post Security Concerns and High...

Ethereum Smart Contract Framework Updated to Combat Security Concerns

18.12.2023
Ethereum sees significant exchange outflows as investors potentially eye long-term holds. Image by Dennis, Adobe Stock. Ethereum is one of the most widely used blockchain networks globally. Recent findings from CoinMarketCap show that Ethereum has the highest number of total developers, accounting...

Security Concerns Prompt Bitcoin Core Developer to Leave Lightning Network

22.10.2023
Antoine Riard, a security researcher and developer, has announced his departure from the Lightning Network's development team, citing security issues and challenges that pose a threat to the Bitcoin (BTC) ecosystem. In a discussion on the Linux Foundation's public mailing list, Riard expressed...

FinCEN Targets Crypto Mixers Over Laundering and National Security Concerns

20.10.2023
The U.S. Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, this week proposed regulations aimed at increasing transparency around crypto mixing services. These services, the agency says, are used by terrorist organizations and state actors to obscure financial...

US authorities monitor China-linked Bitcoin miners amid national security concerns: Report

13.10.2023
A crypto mining operation near a Microsoft facility that supported the Pentagon was reportedly under scrutiny by U.S. officials

US Space Force pauses use of ChatGPT-like tools due to security fears: Report

13.10.2023
At least 500 Space Force staff members have been affected, according to the department’s former chief software officer

Infamous Chisel Targets Android Crypto Wallets, Raising Security Concerns

2.9.2023
Infamous Chisel, a new malware, is attacking crypto wallets on Android devices, posing serious security concerns for crypto users. The malware was discovered to be extracting sensitive data via the Tor network. While there is no confirmation, the malware is suspected to be the work of Sandworm,...

Philippine National Police Warns Citizens On Axie Infinity’s Play-to-Earn Model, Cites Security Concerns

17.8.2023
The Philippine police has raised alarms on blockchain gaming saying it may be riskier than investing in cryptocurrencies if capitalized by bad actors. In a new statement, the Philippine National Police Anti-Cybercrime Group (PNP ACG) says citizens should be wary of the risk of being extorted...

Judge Upholds Confidentiality of FTX Customers’ Identities, Citing Security Concerns

10.6.2023
In the FTX bankruptcy case, the presiding judge John Dorsey has ruled to maintain the confidentiality of individual customer identities, according to a recent decision on Friday. Dorsey emphasized the importance of safeguarding these clients, expressing concern for their potential vulnerability...