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Bitcoin Wallets Created Before 2016 May Be Vulnerable – Billions at Risk?
15.11.2023
Source: AdobeStock / Zerbor The US-based cybersecurity firm Unciphered has warned users globally that their bitcoin (BTC) wallets created before 2016 may be in danger – as are billions in BTC. Early crypto adopters and participants in a number of blockchain platforms between 2011-2015 may...
Ethereum’s rollups are 'gold standard’ but Plasma needs a revisit: Buterin
15.11.2023
Vitalik Buterin called the early Ethereum scaling solution Plasma “underrated” and a “significant security upgrade” for chains that would otherwise be validiums
Slowmist Warns About Fake Journalists Orchestrating Crypto Thefts
14.11.2023
Source: AdobeStock / Sergey Nivens Security firm SlowMist has issued a warning about a wave of crypto thefts orchestrated by fake journalists. In a recent Medium post, the company said the first instance of this malicious campaign was reported on October 14 when a Twitter user named Masiwei...
Chinese Hackers Turn to Skype Video App In Latest Scam Targeting Crypto Users: SlowMist
13.11.2023
Source: Adobe Crypto security analytics firm SlowMist has uncovered a new phishing scam in China that uses a fake Skype video app to target crypto users. New SlowMist Investigation Report: Fake Skype App Phishing Analysis Our latest report exposes how a fake Skype app led to the theft of stolen...
Hacking Group Allegedly Steals Sensitive Data of 70,000 Customers from Bankrupt Bitcoin ATM Firm Coin Cloud
13.11.2023
Source: iStock / welcomia An unidentified hacking group has purportedly claimed responsibility for a significant security breach targeting Coin Cloud, a Bitcoin ATM operator that once boasted over 4,000 machines in the U.S. and Brazil before filing for bankruptcy in February 2023. The group asserts...
Binance Client Executives Kidnapped, Forced to Empty Crypto Wallets — CZ Says Total Loss Was $12.5 Million
13.11.2023
Binance CEO Changpeng Zhao (CZ) has shared a story of how executives of a Binance client were abducted and forced to empty their crypto wallets. CZ detailed how the cryptocurrency exchange was able to track the transactions and freeze over 94% of the stolen funds. CZ Shares Story of How Binance...
Near Foundation and Polygon Labs Partner to Build Zero-Knowledge ‘Prover’ for WASM Chains
12.11.2023
Near Foundation and Polygon Labs recently announced that they would build “a zero-knowledge (ZK) prover for WASM blockchains.” For WASM chains using the zkWASM prover, settling transactions will be more efficient and cost-effective with maximum security guarantees. Transaction Settling...
Rich Dad Poor Dad Author Robert Kiyosaki Reveals Why He Keeps Buying Bitcoin
12.11.2023
Robert Kiyosaki, the author of best selling book Rich Dad Poor Dad, has revealed why he keeps buying gold, silver, and bitcoin. “Our leaders want more war and poverty,” he stressed, noting that the three investment types provide “lifelong financial security and freedom.”...
Ripple faces slim odds of $770M disgorgement - XRP holder Attorney
11.11.2023
Deaton underscores that the legal action against Ripple is not centered on fraud but rather constitutes a regulatory disagreement
Blockchain Security Firm Peckshield Reports Suspicious Activity in Poloniex Exchange Wallet – $60 Million Drained?
10.11.2023
Blockchain security firm, Peckshield has flagged suspicious activity on a wallet owned by centralized cryptocurrency exchange Poloniex suggesting alleged losses of over $60 million. The company has not disclosed the actual amount that was stolen but on-chain data outflows to the receiving wallet...
Circle Revamps Stablecoins USDC, EURC With Upgrade Focused on Gas and Security
10.11.2023
Circle has announced a new v2.2 upgrade for its usd coin and euro coin digital stablecoins. The changes aim to significantly reduce gas costs, enable new use cases, and bolster security. Circle Unveils 2.2 Upgrade for Stablecoin Suite Circle unveiled the latest upgrade in a blog post on Thursday...
CertiK Data Highlights Significant Slowdown in New Cryptocurrency Launches
9.11.2023
Source: Adobe / Andrii Yalanskyi Recent data from blockchain security firm CertiK has revealed a noteworthy slowdown in the creation of new cryptocurrencies, with the pace now reaching its slowest in three years. Citing data shared by CertiK, CoinDesk on Wednesday reported that the third quarter...
Bitcoin ETF launch could be delayed more than a month after SEC approval
9.11.2023
A total of 12 asset managers have filed for a spot Bitcoin ETF with the U.S. SEC, with the first window for approval from the SEC opening on Nov. 8
Crypto exchange CoinSpot reportedly suffers $2M hot wallet hack
9.11.2023
Blockchain security firm CertiK believes the $2.4 million draining of a CoinSpot hot wallet is likely the result of a “private key compromise.”
Fiat Losses From Security Incidents on BNB Smart Chain 37% Lower in Q3 of 2023 — Study
8.11.2023
The financial losses stemming from security incidents on the BNB Smart Chain in Q3 2023 were 27% lower than in Q3 2022. When compared to security incidents on other chains, rug pulls, price and reserve manipulation events on BSC accounted for “4% of the total fiat losses across all chains...
HSBC taps Ripple’s Metaco to launch security token custody
8.11.2023
HSBC has partnered with Ripple-owned tech firm, Metaco, to allow institutional investors hold tokenized securities on its new custody platform
Bitcoin Price Prediction: Custodia’s New Move, CFTC & Crypto Oversight
8.11.2023
In the fluid realm of digital currencies, Bitcoin‘s valuation has taken a modest uptick, registering a 1.20% climb to reach $35,365 on Wednesday. Amidst this nuanced shift in market dynamics, notable developments have surfaced. Custodia Bank, spearheaded by the astute Caitlin Long,...
Coinbase beefs up its global advisory council with four national security experts
7.11.2023
Coinbase is getting wonky with prominent names in national security from both sides of the U.S. political divide. They will join former lawmakers and other strategists
Coinbase Bolsters Global Advisory Council, Adds 4 National Security Advisors
7.11.2023
Source: Pixabay Coinbase will add four national security experts to its Global Advisory Council, it announced on Tuesday. In a press release, the crypto exchange platform revealed that Mark T. Esper, Stephanie Murphy (D-FL), Frances Townsend and David Urban would join its Council, which...
Today in Crypto: US SEC Candidates Unwilling to Divest Crypto Assets, BSC Ranks 4th in Q3 Fiat Losses
7.11.2023
Source: AdobeStock / MuhammadIlyas Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Career news The US Securities and Exchange Commission (SEC) is having trouble hiring crypto experts –...