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Nalezeno "Crypto security": 167

Binance-Backed Platform NFPrompt Hacked, User Funds Lost


NFPrompt, a content generation platform incubated by Binance Labs, disclosed a crypto security breach resulting in the loss of user and platform funds. The post Binance-Backed Platform NFPrompt Hacked, User Funds Lost appeared first on Cryptonews

How to Enhance Crypto Security in 2024


Nowadays, the need to secure your money and personal information has become a top priority.Now in 2024, the stakes have never been higher in the ongoing battle against cyber threats. The need for watertight security measures has transcended from a mere recommendation to an indispensable mandate....

Connect Kit Exploit Sparks Criticism of Ledger’s Security Framework


On Dec. 14, 2023, Ledger’s Connect Kit, a Javascript library for wallet connectivity, suffered a significant exploit. This incident, which was contained within two hours, has brought forth a number of criticisms of Ledger’s security practices. Ledger Exploit Elicits Mixed Reactions From...

Standard Chartered-Backed Crypto Custody Zodia Launches in Hong Kong


Zodia Custody, the crypto security firm owned by British banking giant Standard Chartered, is expanding its services to Hong Kong. Zodia Custody’s foray into Hong Kong marks its latest stride into the Asia-Pacific region after announcing plans to expand into Singapore last month. Established...

There's a Long Way Ahead to Make Crypto Safer: Hexens CEO


The cryptocurrency industry continues to evolve at a rapid pace, bringing with it a host of cybersecurity challenges.  While almost all cryptocurrencies are secured by cryptography, which makes these digital assets immune to hacks, counterfeit, or double-spend, the industry remains vulnerable to...

Infamous Chisel Targets Android Crypto Wallets, Raising Security Concerns


Infamous Chisel, a new malware, is attacking crypto wallets on Android devices, posing serious security concerns for crypto users. The malware was discovered to be extracting sensitive data via the Tor network.  While there is no confirmation, the malware is suspected to be the work of Sandworm,...

Ledger Taps Paypal for US Crypto Buys


Crypto security firm and hardware wallet manufacturer, Ledger, announced its integration of Paypal payments for U.S. customers. This will allow Ledger Live users to buy bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH), and litecoin (LTC) within the app using Paypal. Ledger Enables Paypal Payments...

The Fall of Multichain: A Tale of Unexpected Turbulence and Security Breaches


In an unforeseen chain of events that unfolded between May and July 2023, the CEO of Multichain, Zhaojun, was apprehended by Chinese authorities, destabilizing the blockchain project. The situation escalated when user assets began to be transferred to unknown addresses. From Seizure to Shutdown:...

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