4 / 8 Relevant items tagged with #CyberSecurity

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Kraken recovers $3 million from CertiK, ending bug bounty saga

[Jun 20, 2024 8:30 AM] CertiK has returned the funds to the Kraken exchange, putting a happy end to the bug bounty-related saga.

Kraken-CertiK saga turns murky as part of exploited funds go ‘missing’

[Jun 20, 2024 3:33 AM] Kraken is planning to take legal action against security firm CertiK as the "white hat" operation by security firm turns into a legal blunder.

BIS inaugurates Toronto Innovation Centre with Bank of Canada

[Jun 14, 2024 2:30 AM] Bank of Canada Governor Tiff Macklem said that as finance evolves, the industry must innovate and apply new skills, allowing Canadians to benefit from advancements.

Crypto hacks soar to $19B in 13 years: Crystal Intelligence

[Jun 12, 2024 3:59 AM] Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen during the largest single crypto theft during the 2019 Plus Token fraud.

Singapore alerts businesses to Bitcoin ransomware risk

[Jun 10, 2024 2:12 AM] Singapore police advised businesses against paying ransom to the bad actors in case of a compromise and asked them to report the incident to authorities immediately.

AI-driven crypto crime is only just beginning — Elliptic report

[Jun 7, 2024 1:27 AM] Elliptic’s 2024 report exposes how AI is increasingly used for sophisticated crypto crimes, from deepfake scams to state-sponsored cyberattacks, signaling that these threats are just beginning.

Avalanche Core wallet gets Blockaid security integration

[Jun 6, 2024 7:00 AM] The security integration uses Blockaid’s threats database to screen for increasingly sophisticated phishing scams and exploits impacting Web3 users.

Crypto Security Firm Ironblocks Builds 'Firewall' for DeFi Protocols

[Jun 5, 2024 10:10 AM] "Once you get hacked in most of the cases you're done," CEO Dadosh said. "And this is what we're trying to prevent."

Web3 Cybersecurity Company GoPlus Raises $10M to Build Permissionless Security Layer

[Jun 5, 2024 5:00 AM] The round counts OKX Ventures, HashKey Capital and Animoca Brands among its backers.

Hackers exploit Chrome plugin to steal millions from Binance accounts

[Jun 3, 2024 4:43 AM] The promotional plugin steals cookies from users, which hackers use to bypass password and two-factor authentication verification and log into the victim’s Binance account.

US Navy launches ‘PARANOID’ blockchain security tech to private sector

[Jun 2, 2024 2:35 PM] The government seeks a collaboration to research and develop the technology further.

Security-Focused Crypto ISAC Debuts With Founding Members Including Coinbase, Kraken, Circle

[May 29, 2024 8:22 PM] The Crypto ISAC (Information Sharing and Analysis Center) launches on Wednesday as a 501(c)(6) not-for-profit association dedicated to bolstering security within the cryptocurrency ecosystem. Its founding members include Aleo, Circle, Coinbase…

Blockchain can help eliminate cybercrime threats

[May 29, 2024 7:30 AM] Cybercrime is a growing scourge that shows no signs of slowing down anytime soon without a serious game changer to stem the tide.

Coinbase, Circle, Kraken Join Crypto's New 'Neighborhood Watch' for Cyberthreats

[May 29, 2024 7:00 AM] Consensys, the Solana Foundation and Fireblocks are also among the baker's dozen founding members of Crypto ISAC.

Central banks turn to generative AI for enhanced cybersecurity: BIS

[May 28, 2024 2:34 AM] Central banks are increasingly adopting generative AI for cybersecurity, with a BIS report indicating that 71% are already using it and more planning to follow.

Kaamel Technology to lead investigation into XLink's $10M breach

[May 20, 2024 7:35 AM] XLink partners with Kaamel Technology to investigate the initial cause of the breach while accelerating previously communicated security upgrades

Notorious Pink Drainer retires after hitting $85M theft milestone

[May 17, 2024 4:43 AM] Pink Drainer, infamous for aiding in crypto thefts, shut down operations after amassing over $85 million in stolen assets.

Bitcoin bridge XLink resurrection underway post $10M hack

[May 17, 2024 2:13 AM] XLink faced a security breach involving almost $10 million, with $4.3 million recovered thanks to a friendly neighborhood white hat hacker.

Binance develops ‘antidote’ to address poisoning scams after $68M exploit

[May 16, 2024 3:46 AM] Binance’s new algorithm has already helped detect over 13.4 million spoofed blockchain addresses on BNB and over 1.68 million on Ethereum.

Israeli fintech Kima, Mastercard lab look to develop ‘DeFi credit card’

[May 14, 2024 11:38 AM] Kima is seeking to bridge traditional and Web3 finance and make the user experience more manageable.

CertiK discovered $5M security flaw in Wormhole bridge on Aptos

[May 13, 2024 1:46 PM] A flaw in the bridge could have allowed an attacker to produce fake token transfers, but it was discovered and patched before anyone could take advantage of it.

279 Crypto Accounts Forfeited to US Government in North Korean Laundering Crackdown

[May 12, 2024 11:15 AM] The U.S. District Court for the District of Columbia has ordered the forfeiture of 279 cryptocurrency accounts containing funds linked to alleged hacks of crypto exchanges by North Korean operatives. This measure is a component of a broader U.S…

Interpol Nigeria boosts cybersecurity with virtual asset training

[May 11, 2024 6:22 AM] The training will enable officers to effectively address cybercrimes involving virtual assets, particularly stablecoins.

Bugs in Gains Network fork let traders profit 900% on every trade: Report

[May 9, 2024 2:31 PM] An attacker could have placed a limit buy order with an arbitrarily high open price to automatically win every trade, the Zellic security platform discovered.

QANplatform launches world’s first quantum-resistant, EVM-compatible testnet

[May 7, 2024 9:00 AM] Quantum computers will be able to crack today’s main cryptographic algorithms employed by the whole internet, including banking applications, email providers, and social media platforms.

Crypto Now Has a 'Neighborhood Watch' to Guard Against Hacks

[May 6, 2024 7:00 AM] Justine Bone, a cybersecurity firebrand whose research led to recalls of half a million faulty pacemakers, leads the new information-sharing and analysis center for crypto firms.

Microsoft pours $2.2B into Malaysia for cloud, AI expansion

[May 2, 2024 3:24 AM] In a statement, Microsoft said it will collaborate with the Malaysian government to establish a “national AI Center of Excellence” and improve cybersecurity capabilities.

North Korean Lazarus Group Withdraws $1 Million in BTC Using Mixing Service

[Jan 9, 2024 4:00 PM] The Lazarus Group, one of the most infamous cryptocurrency hacking collectives, has made one of its largest cryptocurrency withdrawals in over a month. According to Arkham, an on-chain intelligence exchange system, the group withdrew a million…

NFT Trader’s stolen Apes returned after bounty payment

[Dec 17, 2023 12:09 PM] The hacker returned 36 BAYC and 18 MAYC after receiving a 120 Ether bounty payment from Yuga Labs co-founder Greg Solano.

Bitcoin inscriptions added to US National Vulnerability Database

[Dec 10, 2023 11:47 AM] The United States National Vulnerability Database (NVD) flagged Bitcoin’s inscriptions as a cybersecurity risk on Dec. 9.