8 / 17 Relevant items tagged with #Security
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Mastercard and Feedzai Collaborate to Increase Crypto Fraud Protection for 900 Million Consumers Globally
Kronos Research Loses $26 Million in Unauthorized API Access Incident
[Nov 19, 2023 8:30 PM] According to Kronos Research, the crypto trading firm lost assets worth $26 million on Nov. 18 after an unknown party illegally accessed its application programming interface (API). Kronos Research claimed the losses associated with the…
Canada flags concern on AI-generated deepfake disinformation campaigns
[Nov 17, 2023 1:42 AM] The Canadian agency also noted privacy violations, social manipulation and bias among the concerns that AI raises.
BlackRock files S-1 form for spot Ether ETF with SEC
[Nov 16, 2023 6:02 AM] BlackRock filed a Form S-1 with the U.S. SEC a week after registering its iShares Ethereum Trust with Delaware’s Division of Corporations.
Ethereum’s rollups are 'gold standard’ but Plasma needs a revisit: Buterin
[Nov 14, 2023 10:45 PM] Vitalik Buterin called the early Ethereum scaling solution Plasma “underrated” and a “significant security upgrade” for chains that would otherwise be validiums.
Binance Client Executives Kidnapped, Forced to Empty Crypto Wallets — CZ Says Total Loss Was $12.5 Million
[Nov 12, 2023 9:00 PM] 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…
Ripple faces slim odds of $770M disgorgement - XRP holder Attorney
[Nov 11, 2023 2:29 AM] Deaton underscores that the legal action against Ripple is not centered on fraud but rather constitutes a regulatory disagreement.
Bitcoin ETF launch could be delayed more than a month after SEC approval
[Nov 9, 2023 4:32 AM] 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.
Fiat Losses From Security Incidents on BNB Smart Chain 37% Lower in Q3 of 2023 — Study
[Nov 8, 2023 6:30 AM] 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…
Coinbase beefs up its global advisory council with four national security experts
[Nov 7, 2023 11:40 AM] 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.
Hong Kong regulator issues tokenized investments requirements amid demand
[Nov 6, 2023 4:39 AM] The intent behind the tokenization of SFC-authorized investment products is tied to rising market demand and the government’s willingness to facilitate market development.
Monero’s community wallet loses all funds after attack
[Nov 5, 2023 12:07 PM] A security breach has resulted in the loss of 2,675.73 XMR from Monero's community crowdfunding wallet. The cause and source of the breach remain unidentified.
Bitcoin price cools off, but ‘You can never have too much Bitcoin, says Saylor
[Nov 2, 2023 2:30 PM] BTC price cooled off after an impressive 30% monthly gain, but MicroStrategy CEO Michael Saylor made the case for why he remains bullish on Bitcoin.
SafeMoon hacker’s use of centralized exchanges could help law enforcement — Match Systems
[Nov 2, 2023 5:59 AM] SafeMoon was exploited in March after a smart contract update led to a burn call vulnerability allowing hackers to transfer funds.
October sees a comparative lull in crypto crime with losses of $32.2M: CertiK
[Oct 31, 2023 11:16 AM] There is no clear downward trend in crypto crime, but a quiet month is undoubtedly more than welcome in the Web3 community.
Hackers Steal $4.4 Million From 25 Users of Lastpass Password Management App
[Oct 29, 2023 4:30 PM] Digital assets worth approximately $4.4 million were reportedly stolen from more than 80 addresses belonging to 25 users of the password management app Lastpass. Crypto theft investigator Zachxbt has urged crypto asset holders using the password…
$720 Million Lost via 117 Hacking Incidents in Q3 of 2023 — Study
[Oct 28, 2023 1:30 AM] During Q3 of 2023, there were a total of 117 hacks in which $720 million was stolen via access control breaches and rug pulls among other security incidents, a new study has found. While the losses ($49.80 million) from rug-pull incidents are…
Blockchain congestion and transaction queues actually deter ‘nefarious actors’: Study
[Oct 27, 2023 11:40 AM] According to the study, a blockchain’s “fullness” is directly related to its security.
Crypto wallet Trezor looks into phishing campaign, exec says
[Oct 27, 2023 5:42 AM] Trezor’s brand ambassador Josef Tetek emphasized that the hardware wallet firm never asks for users’ recovery seed, PIN or passphrase.
Gary Gensler teases details of SEC's $5 billion take from enforcement actions, shades crypto
[Oct 26, 2023 6:32 AM] Gensler revealed that the SEC took 780 enforcement actions, including 500 standalone cases, and distributed $930 million to harmed investors.
Bitfinex Securities announces tokenized bond
[Oct 25, 2023 7:07 AM] Paolo Ardoino, Bitfinex chief technology officer and incoming Tether CEO, said the “exciting” initiative marks the beginning of a new era in capital raising.
85% of crypto rug pulls in Q3 didn’t report audits: Hacken
[Oct 25, 2023 2:19 AM] A cryptocurrency rug pull is one of the simplest scams to prevent, according to blockchain security auditor Hacken.
Privacy firm Nym launches $300M fund, eyes Web3 wallets, RPCs & infrastructure services
[Oct 24, 2023 6:59 AM] The blockchain security firm will look to support open-source projects building security and privacy tools and services for Web3.
Tracking stolen crypto — How blockchain analysis helps recover funds
[Oct 23, 2023 9:14 AM] Over $900 million was hacked in crypto in 2023. How can blockchain analysis help in finding and retrieving stolen assets?
Bitget releases MPC wallet, includes 2/3 private key sharding
[Oct 23, 2023 7:33 AM] Cryptocurrency exchange Bitget has released a multiparty computation wallet to improve asset security and user experience.
MetaMask security partner Blockaid secures $33M funding
[Oct 23, 2023 5:00 AM] In conjunction with the $33 million raise, Blockaid said it’s coming out of stealth with customers like MetaMask and OpenSea.
Web3 Security Firm Blockaid Raises $27M to Help Tackle Industry's 'Never-Ending' Challenges
[Oct 23, 2023 5:00 AM] The New York and Tel Aviv-based company said it would use the funding to scale its product, customer base and team to address the industry’s security challenges.
SEC has 3% -14% chance of success in Ripple appeal, lawyers predict
[Oct 23, 2023 3:30 AM] The SEC has already dismissed charges against Ripple CEO Brad Garlinghouse and executive chair Chris Larsen, while the retail XRP sale ruling also went against the regulator.
Settlements giant DTTC acquires blockchain infrastructure developer Securrency
[Oct 19, 2023 3:42 PM] Securrency will help DTTC increase its role in developing digital asset clearance options. DTTC settled $2.5 quadrillion worth of securities transactions in 2022.