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SEC plans scrutiny of crypto dealer-brokers, transfer agents, per 2024 exam guide
16.10.2023
The SEC sets examination priorities based on feedback from examiners and input from investors and the industry
There's a Long Way Ahead to Make Crypto Safer: Hexens CEO
27.9.2023
The cryptocurrency industry continues to evolve at a rapid pace, bringing with it a host of cybersecurity challenges.
While almost all cryptocurrencies are secured by cryptography, which makes these digital assets immune to hacks, counterfeit, or double-spend, the industry remains vulnerable to...
Immunefi launches on-chain bug bounties through ‘Vaults’ system
26.9.2023
The Web3 security platform now allows projects to deposit bounty funds to a Safe smart contract, proving the funds are available
FTX Restores Full Access to Claims Portal After Cybersecurity Breach
17.9.2023
The portal allowing FTX customers to file claims with the bankrupt cryptocurrency exchange is again fully operational after a recent security incident. User accounts that were affected by the breach in August have been unfrozen, the failed crypto trading company announced. Crypto Exchange FTX...
FTX Claims Portal Back in Action After Cybersecurity Incident in August
17.9.2023
FTX has reopened its customer claims portal, unfreezing user accounts that were affected by a cybersecurity incident in August.
In a recent statement, FTX clarified that the freezing of customer accounts was a precautionary measure and emphasized that additional security measures have been...
Ripple says security incident accelerated its acquisition of Fortress Trust
13.9.2023
A multimillion-dollar security breach involving a third-party vendor hastened Ripple’s acquisition of Fortress Trust on Sept. 8
IMF Publications’ Report Highlights Growing Risks of Generative AI in Financial Sector
12.9.2023
As artificial intelligence (AI) continues its expansion into the finance sector, a new report published on the International Monetary Fund (IMF) Publications web portal cautions about risks associated with the latest AI capabilities in the financial world. The Rise of Thinking Machines: Report...
Security platforms warn about hidden phishing and wallet drainer links
8.9.2023
Cybersecurity professional Christian Seifert gave an example on how Discord's measure against malicious links can be abused by scammers
South Korea Seeks to Freeze North’s Crypto Assets Under New Law
6.9.2023
The government in Seoul intends to submit new legislation tailored to facilitate the tracking and freezing of crypto used to fund the weapons programs of North Korea. A bill has been drafted after extended consultations between ministries with the aim to make South Korean sanctions more effective...
Crypto Thefts in 2023: Nearly $1 Billion Lost to Scams and Exploits, Reports Certik
1.9.2023
According to cybersecurity firm Certik, nearly $1 billion in cryptocurrency has been pilfered due to scams, rug pulls, and exploits throughout 2023. The company highlighted that the combined incidents in August alone led to a loss of $45.8 million. Certik Analysis: Cryptocurrency Losses Near...
‘Infamous Chisel’ Malware Targets Crypto Wallets and Exchanges: A Joint Warning by FBI and GCHQ
1.9.2023
The “Infamous Chisel,” a new sophisticated malware, has been targeting crypto wallets and exchanges, as revealed in a joint report by the U.S. Federal Bureau of Investigation (FBI) and the U.K.’s Government Communications Headquarters (GCHQ). Multi-Agency Alert Over...
Sensitive data leaked in Kroll cybersecurity breach — Report
30.8.2023
The FTX bankruptcy claims agent reportedly confirmed that users' personal data were leaked, contrary to earlier claims
Crypto Cybersecurity Firm OpenZeppelin Launches Blockchain Security Upgrade ‘Defender’ Version 2.0
29.8.2023
Blockchain security firm OpenZeppelin has announced the launch of its Defender 2.0, a security upgrade for numerous blockchain applications.
OpenZeppelin helps integrate a security audit into blockchain-based algorithms called smart contracts. OpenZeppelin Contracts are reviewed and tested...
Cybersecurity Breach at Kroll Affects FTX and BlockFi Claimants' Data
25.8.2023
A cybersecurity breach at FTX’s bankruptcy claims agent Kroll has compromised user data from both FTX and the bankrupt crypto lender BlockFi.
The compromised data consisted only of “non-sensitive” customer information, FTX said on X on Thursday, stressing that account passwords were not stored...
WinRAR patches zero-day bug that targeted stock and crypto traders
25.8.2023
According to cybersecurity firm Group-IB, weaponized ZIP file archives were being shared on crypto trading forums, with each one containing a nasty surprise
FBI Warns of North Korean Hackers’ Intent to ‘Cash Out’ $40M in Bitcoin
23.8.2023
On August 22, 2023, the FBI issued an alert, cautioning about North Korean hackers possibly trying to cash out bitcoin valued at over $40 million. U.S. Intelligence Flags Potential $40M Bitcoin Liquidation by North Korean Hackers The FBI is urging both public and private sectors to be vigilant...
Quantstamp introduces tool to detect protocols’ flash loan attack vulnerability
23.8.2023
The new service, called Economic Exploit Analysis, uses University of Toronto research and will work on any EVM-compatible blockchain
Firms have mere hours to deflect cyber attacks, warns cybersecurity CEO
22.8.2023
Palo Alto Networks CEO Nikesh Arora warned that "bad actors are getting faster" and stressed that companies need to beef up cybersecurity defenses
Binance applies for Taiwan AML compliance: Report
11.8.2023
The world's leading crypto exchange by trading volume has reportedly applied to register in Taiwan under the new AML compliance
Binance applies for Taiwan AML compliance: Report
11.8.2023
The world’s leading crypto exchange by trading volume has reportedly applied to register in Taiwan under the new AML compliance