Just one week before the election, President Donald Trump’s website was briefly defaced by crypto scammers. One of United States President Donald Trump’s re-election campaign websites was briefly defaced yesterday, according to an Oct. 28 article on TechCrunch. Hackers managed to replace donaldjtrump.com’s usual campaign rhetoric and request for donations with a spoof of the […]
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Bad actors allegedly tried to brute force their way into accounts belonging to Paxful’s users in an ongoing series of attacks. Paxful, a peer-to-peer cryptocurrency marketplace, has successfully defended against a number of serious threats, including 220,000 bot attacks and a variety of social engineering ploys — all in the span of two months. During […]
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Can anyone hold North Korea responsible for its attacks on the crypto industry? There has been a hot political debate underway on who should take responsibility for countering North Korean hacks targeting South Korean cryptocurrency exchanges. Recently, South Korea’s financial watchdog made it clear that they do not see this issue as any of their […]
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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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Does an extortion attempt from Russian hackers explain Schiff’s hatred for Bitcoin? This morning, millionaire broker and noted Bitcoin skeptic Peter Schiff awoke to find his bank under renewed scrutiny due to an international criminal investigation. According to reporting from Australian newspaper The Age and The New York Times, the J5 — a joint task […]
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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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“If you look at financial structures in history, everything worked out because of collaboration.” Jack Lu, 23, was struck by the idea for his new DeFi platform Bounce while working on his thesis on game theory and cryptocurrency at Reed College in California. “It took me quite a long time to think of it,” Lu […]
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With DeFi scams multiplying by the day, industry stakeholders urge investors to prioritize due diligence before investing in any project. For those active in the decentralized finance arena, hardly a day goes by without a report of one project or another “exit scamming” its investors. From rug-pulling to fake presales, DeFi experts and novice traders […]
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The desktop app reportedly provides “more robust protection” than Trezor’s browser-based wallet. Crypto wallet provider Trezor has launched a new desktop app called Trezor Suite for its hardware wallet. According to an Oct. 14 blog post, Trezor’s parent company Satoshi Labs claimed its desktop app provides “more robust protection” than its browser-based wallet, and said they […]
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Yearn.finance (YFI) price surged by 58% in the last few days as three key factors suggest investors expect further upside. In the past 72 hours, Yearn.finance (YFI) surged by 58% after dropping to as low as $12,260 at a few exchanges. Three factors that may have catalyzed the sharp rebound are: YFI had become deeply […]
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