Tag: cybersecurity

Offline Transactions: The Final Frontier for Global Crypto Adoption

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Though crypto transfers are immutable, offline cryptocurrency transactions may be the key to total censorship resistance for blockchain. Earlier in September, Cointelegraph reported that Israeli cybersecurity startup GK8 had raised $4 million to finance its offline cryptocurrency transaction solution. The company developed a cold wallet with “hot wallet functionalities” that is completely shielded from online hackers because […]

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Cybersecurity Firm Releases WannaCryFake Bitcoin Ransomware Fix

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Emsisoft cybersecurity firm has released a solution to the Bitcoin-demanding WannaCryFake ransomware. Cybersecurity firm Emsisoft has released a solution for Bitcoin (BTC)-demanding ransomware WannaCryFake. Pay Bitcoin in return for your data In a Sept. 25 blog post, Emsisoft announced that they are releasing a new free fix for the WannaCryFake ransomware bug. The WannaCryFake is […]

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Israeli Startup That Allows Offline Crypto Transactions Secures $4M

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Israeli cybersecurity startup GK8 developed the world’s first internet-free system for transacting cryptocurrencies. Israeli cybersecurity startup GK8 has reportedly developed the world’s first offline system for transacting cryptocurrencies. The new system uses GK8’s proprietary cryptographic techniques that enable instant blockchain transactions of digital assets without any need for an internet connection, Israeli business news publication […]

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IBM and Citibank Join Singapore Late-Stage Blockchain Accelerator

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IBM, Citibank and video game giant Ubisoft have joined Singapore-based blockchain accelerator Tribe Accelerator. IBM, Citibank and video game giant Ubisoft have signed up to Singapore-based blockchain accelerator Tribe Accelerator. Corporations mingle with blockchain startups Local news outlet TheStraitsTimes reported on Sept. 18 that the companies above joined as corporate partners Tribe accelerator for the […]

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Australian Police Uncover Syndicate Involved in Crypto Laundering

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Australian law enforcement bodies have uncovered a gang allegedly involved in laundering millions of dollars through untraceable assets, including cryptocurrencies. Australian law enforcement bodies have uncovered a criminal gang allegedly involved in laundering millions of stolen funds through untraceable assets, including cryptocurrencies. According to an announcement published on Sept. 17, the Australian Securities and Investments Commission […]

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New Linux Malware Mines Crypto While Remaining Undetectable

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Two threat analysts recently stumbled upon Skidmap, new Linux malware that keeps its cryptocurrency mining operations hidden. Two threat analysts recently stumbled upon new Linux malware that keeps its cryptocurrency mining operations hidden. On Sept. 16, Augusto Remillano II and Jakub Urbanec revealed in a post on Trend Micro, a security intelligence blog, that they […]

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US Treasury Sanctions North Korean Hacker Groups for Cyber Attacks

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The U.S. announces further sanctions against three North Korean state-sponsored hacker groups, responsible for North Korea’s malicious cyber activities. The United States Treasury Department announced further sanctions against three North Korean state-sponsored hacker groups, responsible for “North Korea’s malicious cyber activity on critical infrastructure.” Continue to enforce existing U.S. and U.N. sanctions against North Korea […]

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