Search
Apex Legends Tournament Hacker Speaks, Swears It Was ‘A Joke’
20.3.2024
An individual responsible for hacking an Apex Legends global tournament over the weekend has revealed their motivations: they did it “just for fun.” Read more
Binance-Backed Platform NFPrompt Hacked, User Funds Lost
15.3.2024
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
Paul Frambot, CEO of Morpho Labs, on DeFi 2.0, Modular Layered Protocols, and The Next Evolution of DeFi | Ep. 318
15.3.2024
Morpho Labs CEO Paul Frambot discusses how the four co-founders raised millions for Morpho, what changes to DeFi the protocol aims to bring, how he envisages the next phase of DeFi, why the Morpho team opted for a minimalist approach, contrary to the current DeFi trend, and why DAOs are not suited...
Worldcoin Addresses Orb’s Privacy Concerns with Third-Party Audit
15.3.2024
In response to a ban in Spain, Worldcoin undergoes an audit to prove the privacy and security measures of its Orb technology, emphasizing the protection of users' iris codes.
The post Worldcoin Addresses Orb’s Privacy Concerns with Third-Party Audit appeared first on Cryptonews
Phishing Scammers Stole $47 Million From 57,000 Victims in February Alone — Report
13.3.2024
Nearly $47 million was stolen from approximately 57,000 crypto users by criminals who use phishing scams to lure victims. The Scam Sniffer data highlights that most of the thefts occurred on the Ethereum chain, with ERC-20 tokens being the most targeted. Unlike in January, the number of victims...
Unizen Pledges Reimbursements After $2.1M Loss in Platform Breach
11.3.2024
Unizen has taken swift action in response to a recent security breach that resulted in the loss of approximately $2.1 million in user funds.
The post Unizen Pledges Reimbursements After $2.1M Loss in Platform Breach appeared first on Cryptonews
Transak Achieves Industry-First SOC 2 Type 2 Compliance in Crypto Sector
8.3.2024
In a landmark achievement for the cryptocurrency sector, Transak has become the first global on/off-ramp service to secure SOC 2 Type 2 compliance. The firm explained to Bitcoin.com News that the accomplishment underscores the company’s commitment to data security and customer trust, paving...
Digital Assets Innovation Needs to Balance Decentralization and Security
6.3.2024
The immaturity of security controls in DeFi is a challenge for institutional adoption. Here’s how to address that
Peckshield: Cryptocurrency Hackers Stole Over $360 Million in February
6.3.2024
Cryptocurrency hackers stole over $360 million during February, almost doubling the amount stolen in January. According to Peckshield, a cryptocurrency and blockchain security firm, the largest hack event in February involved a security breach in Playdapp, a Web3 gaming platform, that lost $290...
‘Criminal Geniuses’ Admit Fortnite Hack Was A Total Hoax
5.3.2024
Last week, reports broke that Fortnite maker Epic Games had allegedly been the victim of a hack, with a supposed ransomware group claiming it had snagged 200 gigabytes of internal data. Almost immediately, however, Epic announced that it had no evidence any such hack had taken place. Now, it turns...
Over 70% of Crypto Users Have Never Lost Assets to Phishing or Hacks: Survey
29.2.2024
A WalletConnect survey published Thursday found that more than 72% of crypto wallet owners in the US and UK said they've never experienced losses from phishing or hacks.
The post Over 70% of Crypto Users Have Never Lost Assets to Phishing or Hacks: Survey appeared first on Cryptonews
Crypto Exchange Bitforex Suspends Withdrawals Following $56.5M Drain From Hot Wallets
27.2.2024
Bitforex, a centralized cryptocurrency exchange, abruptly halted user withdrawals. This sudden action occurred just moments after a reported $56.5 million was removed from the platform’s hot wallets. According to online crypto investigator Zachxbt, the Bitforex team has ceased all communication...
Japanese Mega-firms Mitsubishi UFJ, Rakuten, Mizuho to Launch Security Tokens Offering
23.2.2024
Security tokens are set for a boost in Japan, where business giants including Mitsubishi UFJ, Mizuho Bank, and Rakuten will launch an offering that pays interest in “electronic money.”
The post Japanese Mega-firms Mitsubishi UFJ, Rakuten, Mizuho to Launch Security Tokens Offering appeared first...
All MetaMask Users Will Now Receive Security Alerts + More Crypto News
20.2.2024
Crypto news today: MetaMask and Blockaid enabled 100% of global users to automatically receive alerts about malicious transactions, ELOOP is building a machine RWA tokenization platform on peaq, and ZKX launches its Pro Trade on Starknet for experienced traders.
The post All MetaMask Users Will...
Canada’s EQ Bank Partners with Trulioo for Biometric Identity Verification + More Crypto News
19.2.2024
Crypto news today: Trulioo joins hands with the digital platform of Canada’s challenger bank, ChainLight reveals a new database that enables users to track all Web3 hacks, and spot volumes rise for the fourth consecutive month.
The post Canada’s EQ Bank Partners with Trulioo for Biometric Identity...
Peter Schiff Warns SEC Could Change Definition of ‘Security’ — Expects Lots of Investors to Be Retroactively Fined
19.2.2024
Economist and gold advocate Peter Schiff has sounded the alarm about the U.S. Securities and Exchange Commission (SEC) potentially changing the definition of a “security.” He cautioned: “Now that the U.S. Appeals Court has upheld the SEC’s authority to unilaterally change...
Telefonica Partners Chainlink to Mitigate SIM Swap Attacks in Web3
17.2.2024
Telefonica, one of the world’s largest telecom companies, has partnered with Chainlink, a decentralized oracle provider, to improve security in Web3 environments. Through the use of Chainlink functions and Telefonica’s SIM Swap API implementation, Polygon apps would be able to check...
Nexo Partners With Sift for Enhanced Digital Asset Fraud Protection
15.2.2024
The digital asset firm Nexo has announced its partnership with Sift, aiming to upgrade its fraud prevention mechanisms. The collaboration between the duo is expected to streamline and secure the user experience for Nexo’s customer base, which exceeds six million globally. Nexo to Leverage...
Telefónica Partners with Chainlink to Enhance Web3 Security Through GSMA Open Gateway
15.2.2024
Spanish Telco company Telefonica has announced a partnership with Chainlink to provide secure connections for web3 smart contracts. In a recent press release, the company highlighted plans focused on GSMA Open Gateway API security with blockchain technology at the forefront. According to...
Crypto Money Laundering Dropped 30% Last Year, Chainalysis Says
15.2.2024
Illicit addresses sent $22.2 billion in cryptocurrency to services in 2023, a decrease from $31.5 billion in 2022, and centralized exchanges remain the primary destination