DraftKing reveals that a ransomware attack was behind the latest cybersecurity incident of SBTech. Fantasy-sports company, DraftKing Inc, recently filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission, or SEC. This form indicates that SBTech, a company DraftKing Inc acquired, was hit by a ransomware attack in March. According to the […]
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Bitcoin faces a crucial test at the weekly close, Bloomberg says BTC is setting up for a 2017-like bull run, and hodlers take action as May’s halving draws nearer. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation […]
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City officials from Torrance were left red-faced after the private data they denied had been stolen was published by a ransomware gang. A ransomware gang has published personal and financial data from the Californian City of Torrance online — and threatened to reveal 200GB more unless their demands are met. Calling themselves DoppelPaymer, the ransomware […]
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What is the correlation between the ransomware landscape and the cryptocurrency industry, and what to expect in the future? Cryptocurrency and ransomware have had a long history together. They are so closely intertwined, in fact, that many have blamed the rise of cryptocurrency for a parallel rise in ransomware attacks. Ransomware attacks are certainly increasing […]
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2020 has already been remarkably eventful for the crypto industry, and security breaches are no exception. As the cryptocurrency industry continues to mature, security remains a major challenge. Over the last few weeks, a number of cryptocurrency exchanges — namely, OKEx, Bitfinex, Digitex and Coinhako — have experienced security breaches. Although the attackers apparently did […]
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Finland is coordinating a simulated Bitcoin ransomware cyberattack on more than 200 Finnish cities and public organizations. The Finnish Population Register Centre is coordinating a simulated ransomware cyberattack on more than 200 Finnish cities and public organizations. On Nov. 22, Finnish news outlet Yle reported that participating cities and organizations are rehearsing how to respond […]
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BitMEX’s Twitter account is hacked after user emails leaked, and the CEO of a crypto exchange loses the password to a Bitcoin cold wallet. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and […]
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As institutional investors move toward crypto, tight security is necessary. Facebook recently made its entry into the world of institutional blockchain and cryptocurrency with the announcement of Libra. It garnered so much attention that lawmakers in the United States are holding hearings to review the project. Walmart has been flirting with crypto and blockchain for […]
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North Korea: A history of crypto use and misuse on behalf of one of the most controversial regimes in the world. Could they be behind most crypto hacks? For many years now, the media periodically reports news regarding the alleged mischiefs pinned on the North Korean hackers that are seemingly detriment to target fintech businesses. […]
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The New York Times has reported that the United States is escalating its ongoing attacks on Russia’s power grid. If we assume that their sources are credible, then it’s reasonable to assume that Russia may retaliate with escalating cyber attacks on the US power grid. While you may not be prepping for civil unrest that […]
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