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Fireblocks Discloses Bitforge Vulnerabilities Affecting Dozens of Wallet Providers
12.8.2023
Fireblocks, a digital assets security company, has disclosed vulnerabilities affecting several cryptocurrency wallets, collectively named “Bitforge.” Through these vulnerabilities, criminals could steal millions in cryptocurrency without having direct contact with the owners of...
Bitcoin Network’s Inherent Properties Can Be Leveraged to ‘Enhance the Security of PoS Chains’ — Babylon Chain CTO
11.8.2023
Fisher Yu, the co-founder and chief technology officer (CTO) at the bitcoin staking protocol Babylon Chain, has argued that when staking bitcoin, stakers “do not need to trust or give their bitcoins to any third parties.” According to Yu, such an attribute helps to “eliminate...
‘XRP is not a security. Period’ — Crypto lawyers on Ripple’s case amid SEC appeal
11.8.2023
Lawyer Oscar Franklin Tan believes that if the appeal is allowed, whoever wins will build momentum in the main case
SEC Isn’t Appealing Whether XRP Is a Security, Lawyer Clarifies
11.8.2023
The U.S. Securities and Exchange Commission (SEC) is not appealing District Judge Analisa Torres’ ruling that XRP is not a security, a lawyer has explained. The securities regulator is appealing “programmatic and individual sales issues,” he clarified, adding that “If...
Telegram trading bots are hot, but don’t trust them for custody — Security firms
11.8.2023
There are still too many unknowns over how various Telegram trading bots store private keys, blockchain security firms told Cointelegraph
Argentine agency opens investigation into Worldcoin over biometric data
10.8.2023
The Agency for Access to Public Information in Argentina was the latest government body to investigate Worldcoin, with reports suggesting probes in Germany, France, and Kenya
BNB Chain hard fork to improve security & compatibility with EVM chains
10.8.2023
Binance’s BNB Chain is set for two upgrades that are aimed at improving finality of the network and compatibility with other EVM blockchains
Fireblocks discloses massive vulnerability affecting crypto wallets
10.8.2023
Fireblocks said the vulnerabilities affecting Coinbase, Binance, and Zengo have since been fixed and has reached out to more than 12 others still at risk
SEC to seek interlocutory appeal in Ripple Case
10.8.2023
The SEC's interlocutory appeal comes nearly a month after Judge Analisa Torre's laid out her non-final ruling
Fireblocks Discloses ‘Zero Day’ Vulnerabilities Impacting Leading MPC Wallets
9.8.2023
It’s unlikely users were impacted by the vulnerabilities – collectively referred to as “BitForge” – but Fireblocks says they could’ve let hackers “drain funds from the wallets of millions of retail and institutional customers in seconds” if left unfixed
Only 6 out of 45 crypto wallet brands have undergone penetration testing: Report
9.8.2023
Cybersecurity certification platform CER said the vast majority of wallets do not hire outside experts to perform penetration tests
Web3 Security Startup Cube3.ai Emerges From Stealth With $8.2M Seed Funding
9.8.2023
The fundraising was led by Blockchange Ventures, with participation from Dispersion Capital, Symbolic Capital, Hypersphere Ventures, ICLUB and TA Ventures
Blockchain Security Firm Forta Upgrades Its Scam Detector to Battle Growing Crypto Fraud
8.8.2023
Hundreds of millions of dollars have been lost to scams and exploits in July alone
Two-thirds of AI Chrome extensions could endanger user security: data
8.8.2023
Data from an Incogni report revealed that 69% of AI extensions for Google Chrome have a high risk impact on users’ cybersecurity if they are breached
Cypher Protocol Loses $1 Million in Blockchain Exploit – Here's What Happened
8.8.2023
Solana-based decentralized exchange Cypher Protocol halted its smart contract following an exploit that saw an estimated $1 million stolen.
On the evening of August 7 (UTC), Cypher confirmed that there had been a security incident, saying that the team was investigating it, but without providing...
Senator Calls for Audit on Palau’s Ripple-Backed Stablecoin Pilot Program
8.8.2023
Palauan senator Mark Rudimch has called for an audit of Palau’s stablecoin pilot program, launched by the country’s ministry of finance in partnership with Ripple in July. In a letter sent to the public auditor Satrunino Tewid, Rudimch reported the Palauan senate had concerns regarding...
US Senators Press Biden Administration for Measures to Counter ‘Serious National Security Threats’ Linked to North Korea, Crypto
8.8.2023
U.S. senators have pressed the Biden administration for measures to counter “serious national security threats” posed by North Korea’s dependence on cryptocurrency. According to the lawmakers, North Korea is using crypto “to evade harsh sanctions and support its ambitions to project...
Hong Kong securities regulator warns of ‘criminal’ activity by unlicensed exchanges
7.8.2023
Under the Securities and Futures Commission’s licensing regime, which started June 1, crypto firms offering services or operating in Hong Kong must comply with new requirements
CoinGecko now has an index for crypto tokens alleged as securities
7.8.2023
According to CoinGecko, nearly $85 billion worth of crypto falls under the category of “alleged SEC securities.”
Heartland Tri-State Bank Collapses, Biden Urged to Grant Silk Road’s Ross Ulbricht Clemency, and More — Week in Review
6.8.2023
In this week’s news, another major U.S. bank has failed, a Maine senator has appealed to United States president Joe Biden to grant Silk Road creator Ross Ulbricht clemency, a senior U.S. district judge has rejected the approach taken in the SEC v. Ripple ruling regarding XRP, and Robert...