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04.10 / 17:25

Blockchain Web3 security Scams phishing This security tool can detect honeypots and other Web3 scams

As the Web3 world evolves, so too do scam techniques. As crypto literacy continues to grow among all demographics, scammers are developing new approaches and refining old tricks to bilk victims out of their assets.

04.10 / 08:19

Adoption security 2024 UK to launch Digital Securities Sandbox in Q1 2024

The United Kingdom will apparently get its second crypto sandbox by Q1 2024. It will be explicitly focused on digital securities.

03.10 / 19:57

Blockchain Ethereum defi Cybersecurity security Scams Q3 Crypto suffered 153% YoY increase in hacks and scams in Q3: Immunefi

Crypto and Web3 projects suffered a 153% increase in attack incidents from July to September 2023 compared to the same period in 2022, according to a report from blockchain security platform Immunefi. In Q3 2022, there were a total of 30 attack incidents. But in Q3 2023, this number swelled to 76. Nearly $686 million was lost in the recent quarter.

03.10 / 14:15

Blockchain security Binance collaborates with Royal Thai Police to seize $277M from scammers

In an announcement sent to Cointelegraph, Binance said it worked alongside law enforcement agencies, providing intelligence to disrupt the criminal group. The operation, which had the code “Trust No One,” led to the arrest of five alleged key syndicate members and the seizure of various assets worth $277 million. Over 3,200 victims have already contacted the authorities to file for compensation.

02.10 / 10:19

Blockchain defi Hackers hacks Cybersecurity security Q3 Q3 2023 crowned most ‘damaging’ quarter for crypto amid $700M losses: Report

The third quarter of 2023 has been the “most financially damaging” quarter of the year, with almost $700 million in digital assets lost to various security incidents, according to the quarterly report of blockchain security firm CertiK.

02.10 / 03:23

business defi Cybersecurity security Cybercrime malware Crypto firms beware: Lazarus’ new malware can now bypass detection

North Korean hacking collective Lazarus Group has been using a new type of “sophisticated” malware as part of its fake employment scams — which researchers warn is far more challenging to detect than its predecessor.

22.09 / 22:17

Law regulation SEC security US regulators How are crypto firms responding to US regulators' enforcement actions?

United States regulators including the Securities and Exchange Commission (SEC) have ongoing civil cases against major cryptocurrency firms including Binance, Coinbase, and Ripple, but not every company has been subject to the same treatment.

22.09 / 14:21

business privacy security data user data Nansen third-party vendor suffers security breach, user data affected

Prominent crypto and blockchain analytics company Nansen posted on social media platform X (formerly Twitter) that one of its third-party vendors suffered a security breach affecting 6.8% of its users.

20.09 / 17:11

Government regulation privacy security Metaverse Encryption Signal hints at leaving UK market following passage of online safety bill

A bill aimed at regulating certain internet services in the United Kingdom, including activities in the metaverse, has passed through Parliament and awaits King Charles’ approval to become law.

19.09 / 08:37

Blockchain regulation security Fraud fraud case Hong Kong to tighten crypto regulation in wake of JPEX fraud case

Hong Kong regulators are looking to tighten the noose around the crypto market after the arrest of six individuals following allegations of fraud around an unlicensed crypto exchange called JPEX.

16.09 / 10:09

Blockchain wallet privacy security Multisignature How To Poisoning What are address poisoning attacks in crypto and how to avoid them?

Address poisoning attacks are malicious tactics used by attackers who can reroute traffic, interrupt services, or obtain unauthorized access to sensitive data by inserting bogus data or changing routing tables. The integrity of data and network security are seriously threatened by these assaults, which take advantage of flaws in network protocols.

15.09 / 17:03

Blockchain privacy Web3 security Internet phishing Digital Fortress, Part 2: How to securely interact with Web3 websites?

Although good-willed people try to flourish in the crypto economy, the crypto space is not completely free from malicious actors. Here are a few of the threats lurking in the shadows of the blockchain world:

15.09 / 08:55

Blockchain Binance regulation SEC security Binance Coin NOT Binance.US not cooperating with investigation, US SEC says in filing

The United States Securities and Exchange Commission (SEC) has accused Binance.US of non-cooperation in the ongoing investigation against the crypto exchange, according to a court filing dated Sept. 14.

14.09 / 12:31

Blockchain Payments security Lightning Network How To network How to identify and protect against routing attacks in the Lightning Network

Payment channels in the Lightning Network enable users to conduct transactions without having to log each one on the Bitcoin blockchain, which lessens congestion and costs.

13.09 / 18:31

regulation SEC security SEC charges company behind Stoner Cats NFT series with unregistered securities sale

Stoner Cats 2 LLC (SC2), the company behind the "Stoner Cats" animated series, has agreed to a cease-and-desist order and other measures imposed by the United States Securities and Exchange Commission after being charged with conducting an unregistered offering of crypto-asset securities in the form of nonfungible tokens (NFTs).

13.09 / 12:37

Blockchain Hackers hacks Cybersecurity security lazarus North Korea's Lazarus Group responsible for $55M CoinEx hack: Report

The attack on crypto exchange CoinEx which drained at least $55 million was carried out by the North Korean hacker group Lazarus, according to blockchain security firm SlowMist and on-chain investigator ZachXBT. The hacker group was identified after they mistakenly connected their address to the recent Stake and Optimism hacks.

12.09 / 06:25

Blockchain Hackers hacks security Scams FBI stake Hackers behind $41M Stake heist shifts BNB, MATIC in latest move: CertiK

The hackers behind cryptocurrency casino Stake’s $41 million hack have shifted another $328,000 million worth of Polygon (MATIC) and Binance Coin (BNB) tokens — its latest moves following the Sept. 4 exploit, according to blockchain security firm CertiK.

11.09 / 17:03

Blockchain Web3 security data How Web3 improves data storage: GhostDrive joins Cointelegraph Accelerator

What would drive the next billion users to the blockchain ecosystem? Green price charts for related coins, or perhaps more acceptance from governments around the world? Both can help draw the masses’ attention to blockchain-based technologies. However, the real-world uses would generate enough interest for the average user to try out the technology — an app or a service that provides utility for the end-user.

11.09 / 05:23

Ethereum defi Altcoin security Fraud layer2 Arbitrum Arbitrum's fraud proofs haven't been used in the two years since it launched

Not a single fraud proof has been submitted on Arbitrum since it first launched its mainnet with the built-in security feature in August 2021, according to Ed Felten, co-founder and chief scientist of the Arbitrum-building Offchain Labs.

11.09 / 03:01

Ethereum defi Hackers Altcoin security DAO ERC-20 safe Lido assures LDO, stETH tokens remain safe despite flaw in token contract

Ethereum staking protocol Lido Finance has assured both Lido DAO (LDO) and staked-Ether (stETH) tokens remain safe despite hackers allegedly exploiting a known security flaw in LDO’s token contract.

08.09 / 09:39

Blockchain Hackers hacks Cybersecurity security Security platforms warn about hidden phishing and wallet drainer links

With millions of dollars worth of assets being lost to phishing attacks after signing malicious permissions, the threat of losing crypto assets to questionable links is very real. When these are paired with platforms that allow hidden links, users are subjected to a different kind of risk.

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