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How do crypto hardware wallet firms make money?
8.12.2022
All the companies that are involved in producing hardware crypto wallets have multiple revenue streams, either directly or indirectly
Meta fined €265M for allowing scrapers to steal Facebook's centralized user data
28.11.2022
Blockchain and Web3 companies are attempting to prevent leaks like these in the future by creating alternative login processes and distributing necessary data collection in a highly decentralized way
RegTech Africa Conference set to elevate national policy on financial inclusion, consumer protection, and cybersecurity
28.11.2022
Digital financial services hold great promise as a means to enable financial inclusion and thus help improve people’s lives. However, cybercrime has become a key concern in developing and emerging markets and threatens to hinder global advances in building a more inclusive digital society. Whilst...
'Substantial amount' of FTX's assets stolen or missing — bankruptcy counsel
22.11.2022
“We’re not just talking about crypto assets, or cash assets, or physical assets — we’re also talking about information, and information here is an asset,” said James Bromley
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
Blockchain intelligence firm TRM Labs raises $70M in expanded Series B round
9.11.2022
Private equity firm Thoma Bravo led the expansion round, bringing the total amount raised to $130 million
Immunefi launches scoring system for Web3's elite white hats
4.11.2022
The top 10 white hats in Immunefi's community have generated over $42 million in total earnings since 2020 by disclosing critical vulnerabilities
Developers need to stop crypto hackers — or face regulation in 2023
3.11.2022
One report indicated that more than $2.5 billion in crypto was lost to cross-chain bridge hacks over the last two years alone
Lightning Network releases emergency update after critical bug on LND nodes
1.11.2022
The bug led LND nodes to fail to sync chain in the second critical bug in less than a month
Crypto hacks are set to hit all-time highs in 2022, analyst explains
19.10.2022
Kim Grauer, Director of Research at Chainalysis, explains why the amount of crypto stolen in hacks is surging and what could be done to invert this dangerous trend
Blockchain Security Company Hexens Raises $4․2 Million in Seed Funding Led by IOSG Ventures
17.10.2022
PRESS RELEASE. Hexens, a cybersecurity boutique and blockchain startup, announced the closure of a $4.2 million seed round led by IOSG Ventures, the leading Web3 Venture Capital. Other investors include Delta Blockchain Fund, ChapterOne VC, Hash Capital, ImToken Ventures, Tenzor Capital, and angels...
From neglecting security to bad tokenomics, DeFi has played a hand in its own decline
12.10.2022
Tokenomics aimed at financing worthless models, rampant hacks, and a lack of real-world utility have played a role in the beleaguered crypto market's decline
Web3 is the solution to Uber’s problem with hackers
1.10.2022
Centralized databases on Web2 are a honeypot for hackers. Decentralizing data on Web3 eliminates a major vulnerability for companies like Uber
US lawmakers propose amending cybersecurity bill to include crypto firms reporting potential threats
28.9.2022
Under the proposed amendment, the 2015 legislation would be renamed the Cryptocurrency Cybersecurity Information Sharing Act
Bitcoin vs. Quantum Computers: US Government Says Post-Quantum World Is Getting Closer, CISA Warns Contemporary Encryption Could Break
20.9.2022
According to the U.S. Cybersecurity and Infrastructure Security Agency (CISA), while quantum computers are incapable of breaking public key encryption algorithms, public and private entities need to prepare for future threats against cryptography that is not quantum resistant. Most...
Number of Youtube Crypto Stream Scams and Fake Domains Explodes in H1 2022
19.9.2022
A report issued by Group-IB, a Singaporean cybersecurity company, has found that the number of cryptocurrency scams that use fake domains has exploded during the first half of 2022. The number of these domains has grown fivefold, and most of these campaigns, though registered with Russian...
Entrepreneurs must learn to tackle business risks in the Metaverse
10.9.2022
The Metaverse is fraught with risks. Implementing effective safeguards — both physical and virtual — will be critical to entrepreneurs seeking to do business there
Crypto.com Retains Highest Level for NIST Privacy and Cybersecurity Framework
9.9.2022
The National Institute of Standards and Technology (NIST) Cybersecurity Framework (CSF) as well as Privacy Framework (PF) examinations, as certified by SGS, a globally renowned certification organization, have been satisfactorily extended by Crypto.com, the world’s biggest crypto marketplace....
CBDCs require governments to put a special focus on security
6.9.2022
Any nation implementing a CBDC in the near future must make sure it’s ready to defend its digital assets and, most importantly, its private keys
Report: Ethiopia-Based Crypto Service Providers Told to Register With the Country’s Cybersecurity Agency
28.8.2022
Cryptocurrency service providers operating in Ethiopia are now required to register with the country’s cybersecurity agency known as the Information Network Security Administration (INSA), a report has said. According to the agency, legal measures will be applied to crypto entities that fail...