Only two decentralized exchanges on the list received high cybersecurity scores. 14 out of 25 decentralized exchanges, or DEXs, scored poorly in terms of cybersecurity according to a recent report. Source: CER. CER’s criteria included several factors such as whether a DEX underwent security audit, availability of bug bounties, and proper SSL/TLS certificates. CER deemed […]
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While crypto firms have been trying to build the crypto equivalent of PayPal, the company itself will soon enter the industry. The crypto world has been buzzing with excitement over the last couple of days, and rightfully so. Bitcoin (BTC) is currently hovering around the $13,000 mark, while Ether (ETH) has once again safely tread […]
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The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Sunday, Hodlers 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 much […]
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Regulators are addressing the growing threat of transnational cybercrimes in the financial industry. The United States faces a growing threat of transnational cybercrime, particularly against its financial system. In what may be the largest prosecution of its kind in U.S. history, the U.S. Department of Justice has charged Texas tech billionaire Bob Brockman in a […]
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Key voting infrastructure of a county in Georgia has been impacted by a ransomware attack targeting local government networks. A ransomware attack targeting the government systems of Georgia’s Hall County also impacted key voting infrastructure it has been revealed. Local officials initially released few details regarding the Oct. 7 attack, stating that “critical systems within […]
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At least 20 crypto executives and customers of an Israeli telecommunications company were targeted in a sophisticated SS7 attack last month. Hackers compromised the Telegram messenger and email accounts of multiple cryptocurrency executives last month by exploiting a vulnerability in a decades old protocol. The fraudsters are believed to have been trying to intercept two-factor […]
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The New York Department of Financial Services found that crypto firms blocked the Twitter hackers’ crypto addresses within 40 minutes. The New York Department of Financial Services, or NYDFS, has released a lengthy report analyzing the impact of July’s high-profile Twitter hack, which resulted in the theft of over $118,000 worth of Bitcoin (BTC). Far beyond the […]
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A crypto mining botnet called Lemon Duck is spreading through Windows 10 computers, infecting users through fake Covid-19 emails. Since the end of August, cybersecurity researchers have identified increased activity on a crypto mining botnet called “Lemon Duck”. The botnet has been around since December 2018, however a big jump in activity over the past […]
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More regulation is coming, and it will be costly, but compliance can also expand an exchange’s customer base. Crypto intelligence firm CipherTrace released a study on Oct. 1 reporting that more than half of the world’s cryptocurrency exchanges had deficient customer identification processes in place against money laundering. On the same day, the United States […]
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“The small IP space/access to the internet in the DPRK, as well as its less connected nature to global/online systems, arguably offers it an asymmetric advantage in relation to cyber operations.” The Democratic People’s Republic of Korea is widely considered to be a state sponsor of cryptocurrency hacking and theft. While multiple United States presidents […]
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