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Cash, not crypto, still top funding choice for terrorists, Singapore reports
26.7.2024
Singapore’s 2024 terrorism threat assessment reveals a continued reliance on cash transfers for funding by terrorist groups despite some increase in crypto usage
Rho Markets returns online with no funds lost after $8M Oracle issue
22.7.2024
The MEV bot responsible for profiting nearly $8 million in stablecoins returned the funds but wanted the Rho Markets team to admit it was not a hack or exploit
Rho Markets returns online with no funds lost after $8M Oracle issue
22.7.2024
The MEV bot responsible for profiting nearly $8 million in stablecoins returned the funds but wanted the Rho Markets team to admit it was not a hack or exploit
Binance enforces stricter measures against account misuse
27.6.2024
The platform encourages users to report any suspected incidents of misuse and offers a reward for verified cases
Alex Labs rolls out post-exploit recovery plan
30.5.2024
Alex Labs has revealed a recovery roadmap and enhanced security measures post-exploit aimed at rebuilding community trust and resuming operations
Io.net CEO Details Recent Sybil Attack and New Security Measures
29.4.2024
Io.net CEO Ahmad Shadid provides a detailed postmortem of the recent Sybil attack and outlines the company's response to enhance network security, addressing vulnerabilities exposed by GPU spoofing.
The post Io.net CEO Details Recent Sybil Attack and New Security Measures appeared first...
Worldcoin Addresses Orb’s Privacy Concerns with Third-Party Audit
15.3.2024
In response to a ban in Spain, Worldcoin undergoes an audit to prove the privacy and security measures of its Orb technology, emphasizing the protection of users' iris codes.
The post Worldcoin Addresses Orb’s Privacy Concerns with Third-Party Audit appeared first on Cryptonews
PlayDapp Suffers Security Breach with $32 Million PLA Token Exploited
12.2.2024
The web3 gaming platform PlayDapp has suffered a major security breach, resulting in the unauthorized issue of 200 million PLA tokens. The blockchain security and analytics firm PeckShield Inc. spotted the breach on Feb. 10 and alerted PlayDapp about the exploit in a social media post. Security...
Ozys’ Former Chief Security Officer Allegedly Weakened Security of Network Weeks Before $81.5M Hack
25.1.2024
Source: Pixabay South Korean blockchain network Ozys has made a damning revelation in the aftermath of its January 1, 2024 platform hack. In a January 25 Medium blog post, Ozys CEO Jinhan Choi clarified that the breach was not a result of overlooked security measures on their part. Rather, it was...
How to Enhance Crypto Security in 2024
15.1.2024
Nowadays, the need to secure your money and personal information has become a top priority.Now in 2024, the stakes have never been higher in the ongoing battle against cyber threats. The need for watertight security measures has transcended from a mere recommendation to an indispensable mandate....
Tether Freezes Tokens of Sanctioned Individuals Listed by OFAC
11.12.2023
Source: Pixabay Tether (USDT), the company behind the world’s largest stablecoin, has frozen the wallets of individuals sanctioned by the U.S. Office of Foreign Asset Controls (OFAC). In a recent announcement, the company said it aims to prevent potential misuse of its tokens and enhance...
Poloniex to Resume Deposits and Withdrawal Services After $100 Million Exploit: Here’s More
15.11.2023
Source: Adobe Cryptocurrency exchange Poloniex has announced plans to resume operations after it suffered a major hack resulting in losses over $100 million. The exchange announced on Nov 15 that following restoration efforts after the hack, it will begin deposits and withdrawal services assuring...
FTX bolsters claims portal security measures following cyber breach
17.9.2023
Following the cyber breach of non-sensitive data, bankrupt cryptocurrency exchange FTX has reactivated account access to its customer claims portal
Jellyfish Mobile to Curb the SIM-Swap Menace That Led to Losses Worth $140 Million in Two Years
26.8.2023
PRESS RELEASE. The cryptocurrency market lacks regulation, leading to potential risks for investors, including SIM-swap scams. By this technique, hackers manipulate mobile carrier customer service to gain access to a user’s phone number, allowing them to bypass security measures and access...
FBI urges crypto ventures to deepen their security measures
23.8.2023
The Federal Bureau of Investigation, also known as FBI, has issued a warning to crypto ventures, seeking them to take up security measures on priority. This comes to light after the FBI observed that malicious actors based in North Korea were behind the attacks on major protocols, stealing funds...
Improved Security Measures Await BNB Chain Users in July Hard Fork
14.7.2023
The BNB Beacon Chain, the Binance blockchain ecosystem, is expected to undergo a scheduled hard fork upgrade on 19th July at 6:00 UTC, with enhanced security features for users.
The hard fork dubbed “ZhangHeng,” named after a Chinese scientist, will occur at block height 328,088,888, the official...
KuCoin Implements Mandatory KYC for All Users, Strengthening Security Measures
28.6.2023
KuCoin, a major cryptocurrency exchange, will require all users to undergo mandatory know-your-customer (KYC) procedures before July 15, 2023.
This move comes amidst heightened regulatory scrutiny, including the case involving Binance and the U.S. Commodity Futures Trading Commission.
According...
Developers could have prevented crypto's 2022 hacks if they took basic security measures
13.11.2022
Crypto doesn’t need reversible transactions. It needs real-time threat monitoring and more audits
FBI Asks DeFi Platforms to Increase Security Measures, Warns Crypto Investors Against Vulnerabilities
30.8.2022
The warning comes after a slew of DeFi hacks this year, which has led to investors losing billions of dollars worth of crypto
Popular Browsers Like Google Fail to Catch Copycat Crypto Sites, Scams Make the Top Results
13.12.2020
As the digital asset economy grows popular and a number of crypto companies become well known, copycat scammers appear in greater numbers. There are a number of websites that are clones of the official web page from companies that provide mining device sales, wallets, full nodes, paper wallet...