1 / 2 Relevant items tagged with #CryptoSecurity

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Security matters should not fall on users’ shoulders — Bitget exec

[Oct 23 12:39 PM] Bitget chief operating officer Vugar Usi Zade said that security matters should be the responsibility of crypto platforms. 

‘If not self-custody, then why crypto?’ — Ledger CEO

[Oct 23 11:31 AM] Ledger CEO Pascal Gauthier told Cointelegraph that hardware wallets need to evolve because “crypto never sleeps.”

ZachXBT claims there is an uptick in thieves targetting crypto traders offline 

[Oct 13 6:07 AM] Online platform GitHub has a list of at least 15 recorded incidents of in person crypto theft in the last year, around 17 in 2023, and 32 in 2021. 

TON-based wallet drainer shuts down, eyes Bitcoin

[Oct 7 10:14 AM] A TON-based wallet drainer said it was shutting down operations due to a lack of whales in the network. 

Jameson Lopp: Most don’t realize how easy self-custody has become

[Sep 30 5:31 PM] Cypherpunk Jameson Lopp is making sure there are viable custody solutions that prioritize the user.

Ether.fi thwarts domain account takeover attempt, confirms user funds safe

[Sep 25 11:11 AM] Ether.fi credits security upgrades and partners for thwarting a domain account takeover before user funds were compromised.

Top 10 Bitcoin Holders: Exchanges, Corporations, and Governments Dominate the Charts

[Sep 23 7:45 PM] Over the past decade, a significant amount of bitcoin has made its way into centralized trading platforms, public and private corporations, governments, exchange-traded funds (ETFs), and derivative token projects like WBTC. With roughly 100 days…

Bitcoin core dev to ‘unite’ Bitcoin and Ethereum with cross-chain tunnels

[Sep 23 9:43 AM] The Hemi Network team claims tunneling allows Bitcoin and Ethereum to coexist without the attack vectors associated with cross-chain bridges. 

Bull cycles spark ‘some seemingly rational reason’ to compromise security: Ledger exec

[Sep 20 12:25 PM] Ian Rogers of Ledger stresses the importance of self-custody and warns against complacency during crypto market booms.

AI deepfake attacks will extend beyond videos and audio — Security firms

[Sep 10 8:24 AM] AI-powered deepfake scams targeting crypto wallets are rising, with experts warning of evolving threats and urging users to protect their digital assets.

Penpie hacker launders 26% of $27M stolen funds in 12 hrs

[Sep 4 9:32 AM] The Penpie protocol hacker funneled $7 million through Tornado Cash hours after stealing $27 million, highlighting DeFi security risks.

Decentralized naming could bring ‘next billion’ users to Bitcoin

[Aug 23 8:25 AM] Spaces Protocol founder Mike Carson argues that in light of the recent Squarespace DNS attack, domains should be decentralized and put on the blockchain.

WazirX schedules maintenance to restore balances after $234M hack

[Aug 15 12:20 PM] WazirX’s ability to restore balances and secure assets on its platform will impact its future and the security of the broader industry.

MetaMask users gain 2FA security via MultiversX Snap integration

[Aug 8 10:00 AM] The MultiversX Snap for MetaMask introduces a new level of security, embedding two-factor authentication directly into the blockchain protocol for enhanced protection.

New Tonkeeper app enhances crypto asset security, preventing hacks

[Aug 7 12:00 PM] Tonkeeper’s Signer app enhances security for users’ crypto assets by protecting them against hacks, scams and mistaken transactions.

Ethical hackers share tips on how to protect your crypto

[Aug 6 9:45 AM] Ethical hackers said that scammers using a fake site called Meetly.gg have rebranded it into Meeten.gg and are preparing to strike again.

India’s Web3 alliance tightens cybersecurity after Wazirx attack

[Jul 31 12:19 PM] The BWA’s initiatives highlight an increasing awareness of the importance of cybersecurity in preserving trust and integrity in digital finance.

Casper Network halts operations following security breach

[Jul 28 4:16 AM] This incident serves as a reminder of the ever-present need for vigilance and proactive measures in the rapidly evolving world of blockchain technology.

Bitcoin self-custody comes to the masses with new ‘crypto ring’

[Jul 17 4:33 AM] Tangem's hardware wallet is now being designed as a ring to encourage daily cryptocurrency transactions and boost the adoption of self-custody.

Crypto execs on DeFi domain hacks: Don’t interact with crypto for now

[Jul 12 2:13 AM] CoinGecko founder Bobby Ong explained that after Google sold its domain business to Squarespace, two-factor authentication was removed due to the forced migration of domains.

Coinbase launches unified onchain monitoring through new wallet app

[Jul 11 10:00 AM] Coinbase’s new wallet app will allow users to connect any self-custodial wallet for an aggregated view of assets.

Compound Finance site potentially breached — ZachXBT

[Jul 11 1:30 AM] Crypto investigator ZachXBT has warned users to avoid the Compound Finance website, which appears to have been hijacked and may be redirecting visitors to a phishing site.

Consensys acquires Wallet Guard to enhance MetaMask security

[Jul 3 8:00 AM] Consensys integrates Wallet Guard to boost MetaMask’s security, aiming to drive user fund losses to zero amid rising Web3 threats.

Crypto losses reach $1.19B in H1 2024: CertiK calls for better security

[Jul 3 7:00 AM] The CertiK report shows that phishing attacks led to nearly $498 million in losses, emphasizing the urgent need for enhanced security measures like 2FA.

$8M theft forces Bittensor network shutdown

[Jul 3 3:59 AM] All user funds are safe following the network halt, according to the Bittensor team.

MakerDAO delegate’s $11M in tokens stolen in phishing scam

[Jun 23 6:50 AM] The user fell victim to the phishing scam after signing multiple phishing signatures, which led to losing their digital assets.

Crypto the ‘hardest thing’ in software history — Consensys CEO

[Jun 11 7:25 AM] Consensys CEO Joseph Lubin told Cointelegraph that crypto might be the “hardest thing” in software history in terms of potential threats, vulnerabilities and complexity.

Solana cracks down on validator sandwich attacks

[Jun 10 5:41 AM] Sandwiching occurs by placing one order before the transaction and another immediately after, which ensures that retail always gets the worst possible price.

CoinGecko confirms email provider data breach, over 23,000 phishing emails sent

[Jun 7 6:00 AM] The email platform’s security breach occurred due to a compromised employee account.

Bitget boosts security with Sumsub’s deepfake AI detection

[Jun 5 4:00 AM] Sumsub’s AI-powered deepfake detection and fraud prevention will go a long way toward ensuring both companies meet high security standards.