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Web3 Security Firm Blockaid Raises $27M to Help Tackle Industry's 'Never-Ending' Challenges
23.10.2023
The New York and Tel Aviv-based company said it would use the funding to scale its product, customer base and team to address the industry’s security challenges
SEC has 3% -14% chance of success in Ripple appeal, lawyers predict
23.10.2023
The SEC has already dismissed charges against Ripple CEO Brad Garlinghouse and executive chair Chris Larsen, while the retail XRP sale ruling also went against the regulator
Lightning Network Developer Warns About Major Vulnerability, Abandons Security Tasks
23.10.2023
Antoine Riard, a Lightning Network (LN) developer, recently disclosed a major vulnerability affecting Bitcoin’s scaling layer. This vulnerability, which was addressed with a series of mitigations, involves a “new transaction-relay jamming attack” that can affect shared funds...
Security Concerns Prompt Bitcoin Core Developer to Leave Lightning Network
22.10.2023
Antoine Riard, a security researcher and developer, has announced his departure from the Lightning Network's development team, citing security issues and challenges that pose a threat to the Bitcoin (BTC) ecosystem.
In a discussion on the Linux Foundation's public mailing list, Riard expressed...
Blockchain Firm LBRY Ceases Operations, Cites Insurmountable Debt
21.10.2023
Blockchain file-sharing and payment network, LBRY, announced the termination of its operations, citing "several million dollars" in debts owed to the SEC, its legal team, and a private debtor....
Read More: Blockchain Firm LBRY Ceases Operations, Cites Insurmountable Debt
FinCEN Targets Crypto Mixers Over Laundering and National Security Concerns
20.10.2023
The U.S. Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, this week proposed regulations aimed at increasing transparency around crypto mixing services. These services, the agency says, are used by terrorist organizations and state actors to obscure financial...
Settlements giant DTTC acquires blockchain infrastructure developer Securrency
19.10.2023
Securrency will help DTTC increase its role in developing digital asset clearance options. DTTC settled $2.5 quadrillion worth of securities transactions in 2022
Ryder Reveals Hardware Wallet That 'Replaces' Seed Phrases With Novel Recovery System and 'No Central Entity', Raises $1.2 Million
19.10.2023
Hardware wallet developer Ryder has announced the close of a $1.2 million raise and revealed the Ryder One hardware wallet featuring a recovery system designed to replace the typical seed-phrase process.
In a press release shared with Cryptonews, Ryder said it raised $1.2 million from "industry...
Today in Crypto: Quantstamp Reveals DeFi Protection Product That Reimburses Losses, Polygon Proposes Protocol Council, Bitdeer Announces $2 Million Share Repurchase Program
19.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Quantstamp Reveals DeFi Protection Product That Reimburses Losses, Polygon Proposes Protocol Council...
Ethereum layer 2 zkEVM ‘Scroll’ confirms mainnet launch
18.10.2023
Blockchain data from Etherscan suggest Scroll’s mainnet was live over a week ago
Fantom Foundation Faces Major Security Breach – $6.7 Million Lost
18.10.2023
The Fantom Foundation, the team dedicated to building the Fantom network, has reportedly fallen victim to a hack that led to a significant loss of approximately $6.7 million worth of digital assets.
On October 17, the Fantom Foundation encountered a hacking incident, as reported by on-chain...
TrueUSD's Client Data Exposed in Third-Party Security Breach
17.10.2023
Stablecoin issuer TrueUSD recently fell victim to a third-party security breach that led to the exposure of personally identifiable information of some of its clients.
According to screenshots posted on X of an email allegedly sent by TrueUSD to customers, the breach affected clients who were...
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
Trezor Wallets New Products Aim to Streamline Crypto for Beginners
16.10.2023
Major crypto hardware wallet company Trezor has launched two new products, as well as a limited-edition Bitcoin wallet to celebrate its 10th anniversary - the latter of which sold out in a day.
The company launched its new Trezor Safe hardware wallet and the physical seed phrase store Trezor Keep...
Mastercard Demonstrates New Solution for CBDC Tokenization
14.10.2023
Mastercard says its new solution that enables central bank digital currencies (CBDCs) to be tokenized or wrapped onto different blockchains provides consumers with “a new option to participate in commerce across multiple blockchains with increased security and ease.” A Mastercard...
Chinese Bitcoin Mines in the US Attract National Security Attention
14.10.2023
Bitcoin mining operations in the United States, owned by Chinese entities, are currently under investigation for potential issues that could threaten national security, according to the New York Times (NYT).
The scrutiny began last year when a Chinese company began constructing a cryptocurrency...
US authorities monitor China-linked Bitcoin miners amid national security concerns: Report
13.10.2023
A crypto mining operation near a Microsoft facility that supported the Pentagon was reportedly under scrutiny by U.S. officials
CertiK, Blockchain Code Auditor, Makes 'Strategic Workforce Adjustment' of 15%
13.10.2023
Just last year, the company raised nearly $150 million of fresh capital. Now, as crypto winter drags on, it is cutting jobs, citing "evolving market dynamics."
US Space Force pauses use of ChatGPT-like tools due to security fears: Report
13.10.2023
At least 500 Space Force staff members have been affected, according to the department’s former chief software officer
Alameda Research Lost $200M to Several Phishing Attacks Due to “Poor Security Practices”: Ex-FTX Engineer
12.10.2023
Former Alameda Research software engineer Aditya Baradwaj has exposed several security flaws that reportedly caused the FTX’s sister hedge fund at least a staggering $200 million.
In a series of posts on X (Twitter), titled ‘The Hacks,’ the whistleblower revealed, “poor security practices...