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Black Shadow Hackers Demand 200 BTC Ransom from Israeli Insurance Giant Shirbit
6.12.2020
One of the largest insurance companies in Israel has been hit by a ransomware attack, and the threat actors started to release sensitive data, as the firm doesn’t pay the requested ransom in bitcoin (BTC). Israel-Based Shirbit Still Refuses to Pay $3.8 Million Ransom According to...
Testnet of Facebook’s Much Vaunted Stablecoin Only Executes 6 Transactions per Second
5.12.2020
The Facebook fronted stablecoin, Diem (formerly Libra)’s dismal testnet results undercut the assertion that the digital currency is a threat to global financial stability. This is the conclusion that can be deduced from a Diem blockchain explorer update which shows the network only processes...
Facebook’s Diem stablecoin is an existential threat to traditional banking
5.12.2020
Stablecoins are an integral part of the future of the financial system. And Facebook’s Diem, formerly Libra, is part of that future
Ripple CEO Walks Back Threat to Leave US
3.12.2020
Prolonged but fruitless efforts to get regulators on the firm’s side seem to have exhausted Ripple’s patience as it eyes a potential IPO and fights a lawsuit
US intelligence is looking at Chinese CBDC as a national security threat
25.11.2020
The Director of National Intelligence wants to have the SEC's leader briefed on the dangers of the U.S. falling behind in crypto
Hackers Have Stolen $100 Million From Defi Projects This Year
11.11.2020
Hackers have stolen $100 million from decentralized finance (Defi) projects so far this year, according to a new report. Defi accounted for 50% of all hacks and thefts in the second half of the year. Defi Hacks on the Rise A new report by cryptocurrency forensics and blockchain threat intelligence...
DeFi as 'No 1 Threat' to Ethereum 2.0 Staking Participation - ConsenSys
29.10.2020
Source: Adobe/Сергей Шиманович
Decentralized finance (DeFi) could stand in the way of Ethereum 2.0 (ETH 2.0) reaching the number of stakers required to make it safe and decentralized enough, noted ConsenSys Codefi, a unit of Ethereum-focused software company ConsenSys.
In their recent report...
Finance Redefined: Is DeFi really a threat to centralized finance? Oct. 14-21
22.10.2020
If you look at its governance, definitely not
Cryptocurrency Is Just a Minor Threat to the State
17.10.2020
States still have the armies, the police and – on a good day anyway – democratic legitimacy. All of that still matters, and will for a long time
G7 Warns of Crypto Threat From Tidal Wave of Ransomware Attacks
13.10.2020
Paying ransomware hackers to decrypt infected computers doesn't always work, and may even be a crime in some countries
Data encryption a threat to fighting child sexual abuse, says DOJ
11.10.2020
The department, along with other international agencies, alleged end-to-end encryption can create “severe risks to public safety.”
Cryptojacking: A Rising Threat to All Internet Users
27.9.2020
The cryptocurrency revolution steadily marches on. While it has yet to completely reshape the financial and other systems of everyday life, crypto acquisition and usage grow yearly. There is so much to love about cryptocurrency. From its decentralized and democratic nature to the higher levels...
Analyst ‘Cautiously Bullish’ on Bitcoin but Says Equity Sell-Off Still a Threat
15.9.2020
Bitcoin (BTC) has crossed into the bullish territory, but may remain vulnerable to another sell-off in stocks
Dev finds major governance bug in SushiSwap, but no threat to the project yet
7.9.2020
A massive bug cannot be exploited yet, but it may put migration plans on hold
Researchers are calling this new malware a triple threat for crypto users
2.9.2020
The surrounding threat level is low, but there are fears it could increase
Digital yuan doesn't pose a threat to the hegemony of the dollar, says expert
28.8.2020
Foreign investors still doubt the PBoC's policies when it comes to the RMB exchange rate
Industry ‘Under Threat’ as South Korean Police Raid Crypto Exchange
26.8.2020
Police in South Korea have raided the offices of Coinbit, a South Korean crypto exchange, under suspicion of widespread market manipulation.
The exchange was set up in 2018 by gaming firm Axia, and has risen to become one of the most promising of the chasing pack of exchanges behind market leaders...
Japanese Cities Disrupted by Bitcoin-Seeking Bomb Threat Emails
25.8.2020
Police are investigating a number of emailed crypto ransom bomb threats in several Japanese cities – with criminals threatening to destroy city halls and go on killing sprees unless they are paid in bitcoin (BTC).
Per a report from Kyodo News, and published by Chunichi Shimbun, the threats have...
Indians Five Times More Likely to Suffer Crypto-Related Hacks: Report
3.8.2020
People in India are five times more likely to suffer a cryptocurrency mining hack because of poor consumer awareness, according to a new security report by Microsoft. In its findings published July 29, Microsoft notes that although the number of similar attacks declined by 35% in 2019 from a year...
As Gold Touches New Highs Investors Face Storage Issues, Market Dilution, Threat of Seizures
31.7.2020
During the last few weeks, gold has skyrocketed in value over the concerns fueled by the faltering global economy. Despite the fact that gold has always been a safe-haven, many investors are looking to bitcoin because they fear central banks will dilute the market or even confiscate the gold. Prior...