Twitter has published an update on its investigation into the causes of the recent hack, during which 12 Bitcoin was conned out of the platform’s users. Twitter released an update on July 30 revealing how hackers gained access to its internal network and account management tools in the recent attack. It also gave details of […]
Continue Reading
There’s no doubt noncustodial technology is the future — it’s just a question of when it enters the mainstream. In an increasingly digital world, security is a high-stakes game. The identities of customers along with their privacy and financial information are all in the hands of centralized security systems. We are reliant on these systems, […]
Continue Reading
FinCEN issued a statement on cybercrime in light of COVID-19. U.S. government agency, the Financial Crimes Enforcement Network, or FinCEN, recently put out a notice mentioning the risks and symptoms of internet-related nefarious activities occurring since COVID-19 arose. “Many illicit actors are engaged in fraudulent schemes that exploit vulnerabilities created by the pandemic,” FinCEN said […]
Continue Reading
Trezor appears to take a shot at the competition following Ledger’s recent data breach. Following Ledger’s confirmed data breach on June 17, competing hardware wallet manufacturer Trezor cheekily made their followers aware that they frequently purge their systems of all customer order data, including email addresses — apparently every 90 days. Ledger too published a […]
Continue Reading
Hackers have transferred roughly $38.7M out of $1.3B worth of Bitcoin from wallets connected to the infamous 2016 hack of crypto exchange Bitfinex. Some of the 119,756 Bitcoin that was stolen from crypto exchange Bitfinex in 2016 has started moving again. According to a series of tweets posted by Whale Alert on July 27-28, wallet […]
Continue Reading
A new ransomware from North Korea targets major companies. A group of hackers associated with the North Korean regime have kept their crypto extortion efforts alive in 2020. A group of North Korean hackers operating under the name “Lazarus” targeted several crypto exchanges last year, according to a report published by Chainalysis. One of the […]
Continue Reading
Twitter has been warned about security issues related to employees’ credentials since 2015. Numerous unnecessary employees at Twitter allegedly have the ability to reset users’ accounts and modify their security settings. This is a problem that Jack Dorsey, chief executive officer, and the company’s board were warned about all the way back in 2015. According […]
Continue Reading
Cellebrite released a new cryptocurrency tracer tool that gives law enforcement and analysts the ability to track illicit crypto transactions. Digital intelligence firm Cellebrite has launched its “Cellebrite Crypto Tracer” solution. The new offering is powered by CypherTrace and aims to trace illicit cryptocurrencies involved in money laundering, terrorism, drugs, human trafficking, weapon sales and […]
Continue Reading
Brian Armstrong says regulators would be “up in arms” with Monero listed on Coinbase, even as Binance and Kraken offer support for the token. Brian Armstrong says Coinbase won’t be listing privacy coins like Monero (XMR) as they’re still untested grounds for regulators in the United States. In a July 24 interview with Peter McCormack […]
Continue Reading
A popular Indian YouTuber’s gaming channel got hacked and scammers attempted to use the old Bitcoin giveaway trick to lure people. Ajey Nagar, a Popular Indian YouTuber with 6.7 million subscribers, is the latest victim of the ongoing BitCoin giveaway scam on Youtube. The hack happened on Nagar’s second Youtube channel- CarryisLive where he streams […]
Continue Reading