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DHS says it thwarted over 500 crypto ransom attacks in 3 years
7.10.2024
The US Homeland Security Investigations (HIS) Cyber Crimes Center reported it disrupted hundreds of ransom attacks since its formation in 2021
Hypernative Secures $16 Million in Series A Funding to Enhance Web3 Security
3.9.2024
Hypernative has successfully secured $16 million in a Series A funding round spearheaded by Quantstamp, with other notable investors joining the fray. This new capital will be channeled into enhancing its artificial intelligence (AI)-driven security solutions tailored for the Web3 ecosystem....
McAfee introduces AI deepfake detection software for PCs
21.8.2024
McAfee releases the first AI-powered deepfake detection software, available for select Lenovo AI PCs, which aims to protect users from "digital deception" through AI-generated fake content
Consensys acquires Wallet Guard to enhance MetaMask security
3.7.2024
Consensys integrates Wallet Guard to boost MetaMask’s security, aiming to drive user fund losses to zero amid rising Web3 threats
XLink onboards Fireblocks, Ancilia to prevent another $10M hack
17.6.2024
The partnerships provide MPC technology, significantly improving security measures compared to traditional multisig solutions or single private keys
ZkSync defends Sybil measures as Binance offers own ZK token airdrop
17.6.2024
ZK Nation said its Sybil filtering approach was to ensure as many users as possible would get an allocation, but that would inevitably let through some Sybils
Bitget boosts security with Sumsub’s deepfake AI detection
5.6.2024
Sumsub’s AI-powered deepfake detection and fraud prevention will go a long way toward ensuring both companies meet high security standards
Financial institutions face rising threat from sophisticated AI fraud
30.5.2024
Many financial institutions are struggling to keep up with the rising sophistication of AI-driven fraud, creating a critical need for enhanced detection and prevention methods
Central banks turn to generative AI for enhanced cybersecurity: BIS
28.5.2024
Central banks are increasingly adopting generative AI for cybersecurity, with a BIS report indicating that 71% are already using it and more planning to follow
Proactive Detection by Certik Saves Wormhole Bridge From Potential $5 Million Hack
14.5.2024
Certik, a security firm, prevented a potentially disastrous $5 million exploit in the Wormhole cross-chain bridge by identifying a critical bug, showcasing the importance of proactive security practices and the benefits of open-source software in enhancing Web3 security standards. Wormhole,...
WBTC thief spreads $71M loot across multiple crypto wallets
8.5.2024
Stolen crypto from a $71 million wallet impersonation scam is on the move after six days of dormancy
Crypto Custody Firm Fireblocks Now Offers DeFi Threat Detection for Institutions
24.4.2024
The products check decentralized applications across 40+ blockchains via WalletConnect, Fireblocks’ browser extension, and MetaMask Institutional
Crypto Experts Are Bullish on This New AI Coin – What’s Their Secret?
12.3.2024
A new AI-integrated blockchain security coin called Scotty the AI (SCOTTY) is making analysts of smaller market cap projects bullish right now. Thats because $SCOTTY combines the cultural stock of meme coin projects like Dogecoin and Shiba Inu with the added utility of an AI-powered blockchain...
Korean Crypto Exchanges Block Romance Scammers’ Access to Digital Assets Worth Over $82 Million
31.1.2024
South Korean cryptocurrency exchanges have successfully stopped romance scams and voice phishing criminals from siphoning digital assets worth over $82.6 million in the past year. The exchanges attribute their success in blocking criminals to abnormal transaction detection systems, which assist...
How One Man Stole $3 Billion in Bitcoin and Got Away for Nearly a Decade
30.1.2024
From purchasing cocaine to uncovering a multimillion-dollar glitch, the story of James “Jimmy” Zhong reads like a dark comedy. Zhong, a computer science graduate, exploited a vulnerability on Silk Road to steal over 50,000 bitcoin, evading detection for nearly a decade while living...
We Tried Fox's Blockchain-Based Tool for Deepfake Detection. Here's How It Went
10.1.2024
Fox's new blockchain tool might not help consumers suss out deep fakes, but it could be a boon to publishers struggling to navigate the AI age. We kicked the tires on the new technology
Hacker Drains Over $2 Million from Safe Wallet- What’s Going On?
4.12.2023
Source: Pixabay A malicious actor has stolen over $2 million from Safe Wallet users in the past week through address poisoning theft raising the total victim count to 21. Several blockchain security firms have tracked suspected activity from different transactions resulting in losses from Safe...
KPMG and Chainalysis Partner to Enhance Crypto Fraud Detection and Compliance
23.11.2023
KPMG in Canada and Chainalysis have entered into a strategic partnership aimed at strengthening efforts against crypto asset fraud. This alliance, marking KPMG’s entry into the Chainalysis Solution Provider program, is focused on providing enhanced monitoring and risk management tools...
Crypto firms beware: Lazarus’ new malware can now bypass detection
2.10.2023
The malware payload “LightlessCan" — used in fake job scams — is far more challenging to detect than its predecessor, warns cybersecurity researchers at ESET
Analysis Says 2024 Halving Could Push Bitcoin to $400K, BRICS Declares Importance of Local Currencies in Trade — Week in Review
27.8.2023
This week’s hottest stories detail a potential skyrocketing of bitcoin’s price to $400,000, connected with the upcoming 2024 halving event, emphasis on trade in local currencies made at the conclusion of the recent BRICS summit in South Africa, and claims of 260% faster hash detection...