Coinone Exchange Partners With Two Firms for Improved Safety Measures

South Korean crypto exchange Coinone has partnered up with two auditing and disclosures firms to improve investor confidence and vet projects. Major South Korean cryptocurrency exchange Coinone has partnered with cybersecurity audit company CertiK and disclosures company Xangle to provide more safety and transparency for their crypto investors. Coinone shared news of the recent partnerships […]

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Chinese Gov’t Hackers Are Targeting Crypto Companies: Report

Chinese state hackers attack cryptocurrency and video game enterprises, cybersecurity company FireEye claims. Chinese state hackers are performing attacks against cryptocurrency and video game enterprises, cybersecurity company FireEye claims in a report published on Aug. 2. Chinese government facilitating hacking operations Per the report, Chinese state espionage cyber unit APT41 “targets industries in a manner […]

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North Korea Stole $2 Billion in Cryptocurrency From Exchanges, Says UN

State-sponsored attacks on exchanges and banks generated considerable revenue under sanctions, new report claims. North Korea has netted around $2 billion by hacking banks and cryptocurrency exchanges, according to the United Nations (U.N.). UN: Hacked crypto funds weapons of mass destruction In a confidential report acquired by mainstream media outlets including Reuters on Aug. 5, […]

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Report: Container Software Vulnerabilities On the Rise, Mining Malware is Fading Away

Cryptocurrency ransomware, botnets and backdoors seem to have replaced cryptocurrency mining malware as the tool of choice for cybercriminals. Cryptocurrency ransomware, botnets and backdoors seem to have replaced cryptocurrency mining malware as the tool of choice for cybercriminals, according to a recent report from computer security firm Skybox Security. In its report dubbed “2019 Vulnerability […]

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CertiK Foundation Launches Security-Focused Blockchain

CertiK has released a blockchain with purported top-to-bottom security features, including support for DeepSEA-based smart contracts. Blockchain cybersecurity company CertiK has launched its native CertiK Chain blockchain. The CertiK Foundation announced its new release in an official blog post on July 22. According to the announcement, CertiK Chain aims to provide a blockchain infrastructure that […]

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Bitpoint Hack Shows That Regulators’ Scrutiny Does Not Equal Safety

Bitpoint incident continues the streak of hacks targeting Japan-based exchanges. On July 12, 2019, Tokyo-headquartered cryptocurrency exchange Bitpoint promptly suspended its services after noticing an error in the outgoing funds transfer system. Soon, an official announcement followed, revealing that the trading platform had lost around 3.5 billion yen (roughly $32 million) as a result of […]

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