Search
Saylor says onchain proof-of-reserves a ‘bad idea’ due to security risks
27.5.2025
Michael Saylor, the executive chair of major Bitcoin-buying firm Strategy, formerly MicroStrategy, says institutions posting onchain proof-of-reserves is a “bad idea” that could pose security risks.“The current, conventional way to publish proof of reserves is an insecure proof...
Saylor says onchain proof-of-reserves a ‘bad idea’ due to security risks
27.5.2025
Michael Saylor, the executive chair of major Bitcoin-buying firm Strategy, formerly MicroStrategy, says institutions posting onchain proof-of-reserves is a “bad idea” that could pose security risks.“The current, conventional way to publish proof of reserves is an insecure proof...
Blockchain security firm releases Cetus hack post-mortem report
26.5.2025
Blockchain security firm Dedaub released a post-mortem report on the Cetus decentralized exchange hack, identifying the root cause of the attack as an exploit of the liquidity parameters used by the Cetus automated market maker (AMM), which went undetected by a code "overflow" check.According...
Biometric Data Security Under Scrutiny After Coinbase Suit; Expert Urges Modular Privacy
24.5.2025
A class-action lawsuit against Coinbase has raised concerns about biometric data collection and storage practices by technology companies. Nanak Nihal Khalsa argues argues that relying on immutable biometric identifiers poses permanent risks, as they cannot be reset once compromised. Patchwork...
Major Crypto Firms Spending Millions on Personal Security
19.5.2025
Coinbase, Circle, and Robinhood are spending millions to ensure the security of their top executives as crypto becomes mainstream and criminals begin targeting crypto millionaires. The recent wave of kidnappings in France has heightened the interest of crypto holders in personal security options....
Binance, Kraken Thwarted Social Engineering Attacks Similar to Coinbase Hack
19.5.2025
Attackers reportedly tried bribing support agents, but Binance and Kraken’s internal systems blocked the attempts
Crypto execs beef up security following string of kidnappings: Report
18.5.2025
Crypto industry executives are beefing up personal security and demanding more bodyguard services in response to a recent string of kidnapping and ransom attempts worldwide — particularly in France — targeting investors and professionals in the sector.According to a Bloomberg report...
France to Boost Security for Crypto Entrepreneurs Amid Kidnappings
17.5.2025
In an effort to enhance security for the cryptocurrency industry, the French government said it will provide increased protection for crypto entrepreneurs and their families. Crypto Entrepreneurs to Receive Safety Briefings In a move to protect the crypto industry, the French government said...
CZ Shares Urgent Advice as Phishing Threats Target Crypto Users
17.5.2025
Binance’s founder has urgent advice for crypto users: strengthen logins, avoid risky clicks, and adopt advanced security tools to stay ahead of relentless phishing threats. CZ Shares Crucial Tips to Stop Phishing Scams Targeting Crypto Users Binance co-founder and former CEO Changpeng Zhao...
French crypto entrepreneurs to receive extra security amid recent kidnappings: Report
17.5.2025
Crypto entrepreneurs and their families in France will receive enhanced security measures amid a recent rise in crypto-related kidnappings in the country, Politico reported.According to the May 16 report, the measures include priority access to police emergency lines, home security assessments,...
French crypto entrepreneurs to receive extra security amid recent kidnappings: Report
17.5.2025
Crypto entrepreneurs and their families in France will receive enhanced security measures amid a recent rise in crypto-related kidnappings in the country, Politico reported.According to the May 16 report, the measures include priority access to police emergency lines, home security assessments,...
French crypto entrepreneurs to receive extra security amid recent kidnappings: Report
17.5.2025
Crypto entrepreneurs and their families in France will receive enhanced security measures amid a recent rise in crypto-related kidnappings in the country, Politico reported.According to the May 16 report, the measures include priority access to police emergency lines, home security assessments,...
World Liberty's Stablecoin Now Available on Multiple Networks Via Chainlink
16.5.2025
The integration, initially supporting Ethereum and BNB Chain, addresses cross-chain security concerns and aims to expand USD1’s reach, the firms said
Coinbase fires compromised agents in India, says security chief
15.5.2025
Coinbase has reportedly fired a group of customer support agents following their alleged involvement in social engineering attacks on users. The contracted agents were based in India. According to a May 15 Fortune interview, Coinbase's chief security officer, Philip Martin, said the company flagged...
Google Cloud to Enhance Security for Crypto Transactions and Digital Asset Management With Inabit
15.5.2025
Inabit, a provider of secure cryptocurrency management solutions, has announced a collaboration with Google Cloud to enhance security for cryptocurrency transactions and digital asset management. This partnership will leverage Google Cloud’s Confidential Computing platform to create secure...
Zoom/Telegram Deepfake Attack Vector Rises: Crypto Founders Targeted
15.5.2025
Sandeep Nailwal, founder of Polygon, warned about a recent incident involving a hack of one of his contacts that utilized social engineering and deepfakes on Zoom to compromise other Telegram contacts. The attackers sought to install a component that would allow them to gain access to...
Binance: 80% of Asian Crypto Users Adopt 2FA, yet Advanced Security Lags
15.5.2025
Binance’s recent report uncovers a sweeping shift in crypto security across Asia, as users adopt stronger protections like 2FA and demand smarter, safer exchange safeguards. Binance Report Shows Rising Security Awareness Among Asian Crypto Users Crypto exchange Binance published a report last week...
Ethereum Foundation unveils security initiative to supplant legacy systems
14.5.2025
The Ethereum Foundation has launched a security initiative aimed at supporting the broader adoption of onchain technologies, according to a May 14 announcement. The effort is part of an ongoing push to strengthen Ethereum's role in programmable digital assets.Fredrik Svantes, a protocol security...
Canada 'got it wrong' labeling stablecoins securities — NDAX exec
14.5.2025
Tanim Rasul, chief operating officer at Canadian crypto exchange NDAX, said Canada “got it wrong” categorizing stablecoins as securities in 2022, and the country needs to realize that every other regulatory regime is looking at stablecoins as payment instruments.Rasul made the remarks...
Ethereum Foundation Launches Trillion Dollar Initiative to Scale Onchain Security
14.5.2025
The Ethereum Foundation announced the “Trillion Dollar Security” (1TS) initiative, a three-part plan to enhance Ethereum’s resilience for high-value institutional and individual use. Ethereum’s 1TS Initiative Focuses on Protocol, Smart Contract Risks The project aims to enable billions of users...