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Hackers exploit MFA flaw to steal from 6,000 Coinbase customers — report
1.10.2021
Malicious actors reportedly took advantage of Coinbase’s SMS account recovery process to gain access to user funds
Law Decoded: China FUD and false dichotomies, Sept. 20–27
27.9.2021
Many in the crypto space are calling for the U.S. to assert its foundational principles by implementing crypto policies in opposition to China
Baanx Acquires Stake in Major US Fintech Bank
6.9.2021
PRESS RELEASE. Baanx, the fast growing B2B2C “Better than a Banking Platform” specializing in fintech services & lending, becomes the third-largest shareholder in the United States regulated Maxwell State Bank in a multi-million-dollar deal to enhance cybersecurity and banking...
Blockchain security company GK8 announces custody partnership with Stellar
6.9.2021
Demand for institutional-grade blockchain solutions is on the rise as banks and traditional financial institutions look to invest in cryptocurrencies
81% of finance execs say blockchain has gone mainstream: Survey
23.8.2021
Despite the finance service industry being bullish on blockchain and crypto, respondents still outlined cybersecurity as the greatest hurdle to mainstream adoption
Poly Network offers to on board 'Mr. White Hat' as chief security advisor
17.8.2021
“Poly Network has no intention of holding Mr. White Hat legally responsible," said the team
Centric Completes Migration to Binance Smart Chain
16.8.2021
PRESS RELEASE. After two-and-a-half years on the TRON blockchain, cryptocurrency project Centric completed their migration to the Binance Smart Chain (BSC). Centric announced the decision to migrate in May. Later that month, cybersecurity firm iosiro completed an audit of the updated BSC smart...
US government delves deeper into crypto accountability with $10M bounty
15.7.2021
The Biden administration reportedly intends to ramp up efforts to trace cryptocurrency payments
Blockchain security firm CertiK raises $37M to combat DeFi and crypto risks
14.7.2021
The Series B funding round was co-led by Coatue Management and Shunwei Capital, with participation from Coinbase Ventures
Korean Banks Elevate Cybersecurity to Deal With Crypto-Related Risks
7.7.2021
South Korean banks are taking steps to bring cybersecurity to a new level as they try to keep up with fintechs and address new threats arising from their interaction with the crypto space. A number of institutions are adopting unprecedented measures including the integration of blockchain...
Janice McAfee Does Not Accept Her Husband’s ‘Suicide’ Story — Widow Blasts Mainstream Media
7.7.2021
The eccentric 75-year-old cybersecurity tycoon John McAfee’s death has spurred a lot of controversy and speculation since he passed. Now McAfee’s widow Janice McAfee is speaking out and she doesn’t believe the mainstream media’s reports of her husband’s suicide....
Bitcoin.org owner reports site hit with 'absolutely massive' DDoS attack
5.7.2021
The attack comes just one week after a U.K. court ordered the website to stop hosting the Bitcoin white paper
FinCEN Names Misuse of Cryptocurrencies a National Priority
4.7.2021
The Financial Crimes Enforcement Network (FinCEN) has named “cybercrime, including relevant cybersecurity and virtual currency considerations” a national priority. In particular, the Treasury is concerned about the “misuse of virtual assets that exploits and undermines their...
PayPal, Salesforce contribute to TRM Labs’ $14M investment round
17.6.2021
The venture funds of both companies joined Bessemer and others in financing another strategic investment round for TRM Labs
Biden hints at possible cybersecurity arrangement with Russia over ransomware attacks
16.6.2021
Joe Biden said that the U.S. and Russia might have the beginnings of a "cybersecurity arrangement that begins to bring some order" within the next year
Crypto Cyberthreats Spike This Year With Russia Hit the Hardest, Report Reveals
14.6.2021
Cyberthreats related to cryptocurrencies have increased with rising demand for the digital assets, a study has concluded. Russia, Thailand and Peru are the most affected countries by malicious attacks designed to exploit the heightened interest in decentralized money, the authors point out. Booming...
Norton Crypto Mining: Antivirus Software to Mine Cryptocurrency
5.6.2021
Norton has added a cryptocurrency mining feature to its antivirus software. Users will be able to mine ethereum while their computers are idle. Miners can track and transfer their crypto earnings into their Norton Crypto Wallet. Antivirus Software Can Mine Crypto Nortonlifelock (NASDAQ: NLOK),...
Don’t blame crypto for ransomware
30.5.2021
Hackers will keep hacking as long as organizations are vulnerable — crypto is not an exception
State-backed digital currencies can disrupt financial systems: Report
18.5.2021
While CBDCs could help central banks address the decline in cash payments, some risk factors remain
Report: Colonial Pipeline Paid $5M Worth in Crypto to Ransomware Gang, Restarts Services
14.5.2021
The global oil market was shaken by news from the United States as a ransomware attack hit the largest oil infrastructure operation in the country. A recent report claims hackers asked Colonial Pipeline to pay for an undisclosed amount in ransom to unlock the firm’s system – a demand...