Verizon Boosts Security Portfolio With Blockchain Technology

American telecoms giant Verizon Wireless incorporates new blockchain-backed security features. Verizon Business has announced the inclusion of new security services, including two new administration and identity access systems using blockchain-based technology. These are Verizon Identity (VID) and Verizon Machine State Integrity, which are modeled within a Blockchain environment, according to the US technology firm on […]

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DDoS Attacks on OKEx and Bitfinex Were Sophisticated, Possibly Related

2020 has already been remarkably eventful for the crypto industry, and security breaches are no exception. As the cryptocurrency industry continues to mature, security remains a major challenge. Over the last few weeks, a number of cryptocurrency exchanges — namely, OKEx, Bitfinex, Digitex and Coinhako — have experienced security breaches. Although the attackers apparently did […]

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High-Frequency Trading, Explained

High-frequency trading is profoundly changing the way the cryptocurrency market works, and this is how. Which firms offer high-frequency trading for cryptocurrency? While still in its infancy, a few traditional HFT firms have begun offering digital assets to their clients. Even more, at least one cryptocurrency exchange is giving users the tools they need to […]

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IT Exec at Kyiv Prosecutor’s Office Illegally Mined Crypto on Office Systems

An information technology employee at a Ukrainian prosecutor’s office used the offices’ systems to illegally mine cryptocurrency. In Kyiv, Ukraine, investigators have found another example of someone using the systems at their workplace for illicit cryptocurrency mining.  The Kyiv Prosecutor’s Office official Facebook page announced on Feb. 26 that it concluded a pre-trial investigation against […]

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Australian Minister Slams Gov’t for Weak Response to Ransomware ‘Epidemic’

An Australian minister has slammed the government for failing to prioritize ransomware amid increasing attacks. On Feb. 24, Tim Watts, Australia’s Shadow Assistant Minister for Cybersecurity, has published an article in the Financial Review on Feb. 24, criticizing the country’s government for its response to the 2019 “ransomware epidemic.” Watts states that Australia was not […]

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