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Cryptocurrency Exchange Hotbit Hacked: Systems Paralyzed, 2 Million Users Affected
1.5.2021
A cryptocurrency exchange with about 2 million users worldwide announced that it has “suffered a serious cyber attack.” A number of basic services are paralyzed and the attacker tried to access the exchange’s wallets. Consequently, the platform has shut down, stating that it needs...
Hotbit crypto exchange shuts down for maintenance after attempted hack
30.4.2021
The Chinese crypto exchange says funds are “SAFU” and that the emergency maintenance could take up to two weeks
Constellation Introduces Initiative To Promote Better Data Security
29.4.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. This article has been brought to you by Market Across, which does complete end-to-end marketing solution for blockchain firms.
As it endeavors to advance...
DeFi hacks and exploits total $285M since 2019, Messari reports
29.4.2021
Decentralized finance platforms on the Ethereum network have lost about $285 million to rogue actors since 2019
Intel Partners With Microsoft to Combat Cryptojacking Attacks by Deploying a Threat Detection Tool
29.4.2021
Although recent studies have been showing a slowdown in cryptojacking activities, especially the ones related to mining privacy coins, Intel remains on the hunt to crackdown on such activities. The tech giant has partnered with Microsoft to deploy a campaign that strengthens cryptojacking detection...
Uranium Finance developer suspected of ‘leaking’ information leading to $50M exploit
28.4.2021
A member of Uranium Finance’s developer team said they suspect that the recent hack of the platform may have originated internally. They’ve urged affected users not to contact any other members of the Uranium Finance team
BSC-Based Uranium Finance Attacked, Millions on the Move
28.4.2021
Decentralized finance (DeFi) project on Binance Smart Chain (BSC), Uranium Finance, reported that it has suffered a security breach - with millions of dollars in ethereum (ETH) on the move and laundered through a popular privacy tool.
"Uranium migration has been exploited, the following...
US State Passes Resolution Commending Satoshi Nakamoto and Bitcoin
24.4.2021
The U.S. state of Louisiana has passed a resolution to commend bitcoin for its success as well as commend the cryptocurrency’s pseudonymous creator, Satoshi Nakamoto, “for his contribution to economic security.” State Resolution Recognizing Satoshi and Bitcoin The Louisiana House...
SEC Accuses Ripple of Harassment, Asks Judge to Block Access to Some Discovery Records
22.4.2021
The U.S. Securities and Exchange Commission (SEC) has asked the judge in the SEC v. Ripple case to block Ripple and its executives from accessing various internal records it claims are unrelated to determining whether XRP is a security. The SEC says that the “defendants do not actually seek...
EU regulators reportedly scrutinize Binance over securities law compliance
22.4.2021
Shortly after the exchange launched stock token trading, German and British financial regulators are reportedly looking into whether the offering complies with securities laws
C.R.E.A.M Finance Launches Security Campaign for Website
21.4.2021
Due to the unregulated status of DeFi, it is often an easy target for hackers that accounts for almost 50% of the total thefts and hacks happening in the crypto industry. To improve this overall DeFi security, C.R.E.A.M Finance, the decentralized lending protocol, announced the launch of a...
Cream Finance launches $1.5M bug bounty to improve DeFi security
20.4.2021
With a new security campaign, Cream Finance looks to minimize vulnerabilities
Smartlands Platform Launch: Tokenizing the Real Economy in Europe With a First-Mover Advantage
19.4.2021
In April, Smartlands will launch an alternative investment platform for buying and selling tokenized shares of real-world assets. The platform, built on the Stellar open-source network, will first focus on issuing security tokens that represent a suite of high-yield real estate listings based...
Société Générale Launches Blockchain-Based Structured Product
19.4.2021
French financial services giant Société Générale has issued security tokens on Tezos’ public blockchain as part of its ongoing experimentation with cutting-edge fintech applications. Latest Move Reflects Bank’s Efforts to Fold Cryptocurrency Operations Into...
Smart contract exploits are more ethical than hacking... or not?
18.4.2021
What is certain is that exploits only get points for being less disastrous than their counterpart
One of Europe’s largest investment banks issues security token on Tezos
15.4.2021
Société Générale continues its crypto and blockchain experimentation by issuing a tokenized security on the Tezos network
Experts debate whether NFTs really need blockchain
15.4.2021
Crypto YouTuber EllioTrades and law professor Edmund Schuster debated the value of NFTs and the role of blockchain in digital collectibles
US Government Concerned China’s Digital Yuan Could Threaten Dollar as the World’s Dominant Reserve Currency
13.4.2021
The U.S. government is reportedly concerned that China’s digital yuan could threaten the U.S. dollar’s status as the world’s dominant reserve currency. Officials at the Treasury, State Department, Pentagon, and National Security Council are increasing their efforts to understand...
Mati Greenspan warns SEC's latest action could threaten future of all cryptocurrencies
9.4.2021
Quantum Economics founder Mati Greenspan has sounded the alarm over the damage the SEC’s case against LBRY could do to crypto
Vesta Equity and Algorand breathe new life into real etate tokenization
8.4.2021
Vesta's new platform gives homeowners the ability to convert equity into digital assets that can then be sold to accredited investors without compounding interest