Security Financial News

06.02 / 23:45

Stablecoin regulation SEC security Australia and the UK share their big picture of crypto: Law Decoded, Jan. 31–Feb. 6

The U.K. outline of the future financial services regulatory regime for crypto covers a broad range of topics, from the troubles of algorithmic stablecoins to nonfungible tokens and initial coin offerings. And it’s certainly good news for the industry, as the upcoming regulation doesn’t propose a ban on algorithmic stablecoins or excessive requirements on data sharing for digital asset operators.

06.02 / 18:51

Blockchain Web3 security Scams 8 hacker tactics to be aware of when protecting your crypto assets

Crypto security is one of the hottest topics for investors and companies actively working on creating better security solutions for the Web3 industry. Web3 Antivirus was created in an effort to make wallet security more accessible to all users in the space. The company offers a browser extension that helps users monitor wallet interactions and spot potential scams and malicious activity before investors fall victim to them.

06.02 / 11:11

regulation security guidance South Korean regulator provides guidance on security tokens

South Korea established guidance that specifies which types of digital assets will be considered and regulated as securities in the country.

03.02 / 05:33

Blockchain Hackers hacks Cybersecurity security Cybercrime phishing Crypto security OpenSea serves as an example of why crypto security must improve

In February 2022, OpenSea fell prey to a major phishing attack that resulted in over $1.7 million in nonfungible tokens (NFTs) being stolen from users. It wasn’t the only incident: Blockchain users reportedly lost $3.9 billion to fraudulent activity in 2022 alone.

02.02 / 20:01

Blockchain VISA security MasterCard Legal Chainalysis Bitcoin Today in Crypto: Top 10 Crypto Ransomware Attacks Took $69M in BTC Payments, Chainalysis Laid Off 5% of Workforce, TeraWulf Starts Public Offering of Common Stock

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

02.02 / 17:05

Adoption NFT defi Hackers hacks security Scams Developers seek solutions for Web3-related scams from internet browsers

A big concern for users in decentralized finance (DeFi) involves the industry’s susceptibility to exploits. A report from Privacy Affairs revealed hackers stole $4.3 billion worth of cryptocurrency in the time period from January to November 2022 — a 37% increase from the previous year.

02.02 / 17:05

business Blockchain Technology Adoption defi security Top 7 blockchain courses and certifications for beginners

Blockchain courses and certifications can play an important role in helping individuals gain a comprehensive understanding of blockchain technology and its applications. By completing these courses, individuals can develop technical skills, stay current with industry developments, enhance their career opportunities and increase their earning potential.

02.02 / 01:03

regulation coinbase security Court class action Judge dismisses proposed class action suit alleging Coinbase securities sales

A proposed class action suit against cryptocurrency exchange Coinbase, Coinbase Global and CEO Brian Armstrong alleging unregistered securities sales was dismissed in the United States District Court of Southern New York on Feb. 1. The suit, filed on March 11, claimed that 79 of the tokens listed on Coinbase were securities being sold without proper registration and customers were not warned of their risks.

01.02 / 00:47

business Government Blockchain Technology security us government Blockchain provider SIMBA Chain awarded $30M by US Air Force STRATFI program

Blockchain solutions provider SIMBA Chain has been selected for a $30 million Strategic Technology Focus Initiative (STRATFI) by the United States Air Force (USAF). The initiative is focused on identifying and advancing technologies that could secure the future dominance of the U.S. Air Force.

31.01 / 22:05

defi Hackers Cybersecurity security Decentralization LayerZero bridging protocol denies accusation of 'critical vulnerabilities'

Summa founder James Prestwich has accused the $382 million LayerZero bridging protocol of hosting a “critical vulnerability.”

31.01 / 17:13

regulation security FTX Bitcoin safe Keeping your crypto safe: Insights from Bitget on how to achieve growth throughout crypto winter

With 2022 in the past now, many crypto users hope the FTX crisis will also remain a mere bitter memory from last year. While the effects of the crash of one of the biggest CEXs in the crypto industry are still rippling through the space, one platform is taking bold steps to ensure the security of its customers’ funds.

31.01 / 15:49

Ripple XRP regulation SEC security SEC settles on security claim in LBRY case; community calls it a big win for crypto

The United States Securities and Exchange Commission (SEC) admitted on record that the sale of LBRY Credits (LBC) tokens in the secondary market doesn’t constitute a security. The settlement came during an appeal hearing in the LBRY vs. SEC case on Jan. 30.

31.01 / 15:49

NFT Hackers hacks security Scams Here’s how to prevent NFT theft, according to industry professionals

As nonfungible tokens (NFTs) attract more users, they also capture the eyes of scammers. Bad actors in Web3 have set their sights on digital collectibles, with millions being lost through scams and various attacks.

30.01 / 14:29

Provident Digital security White House: North Korean Funded Missile Program with $1bn Crypto Hack Haul

The White House says that crypto industry “security vulnerabilities” allowed North Korean hackers to “steal more than $1 billion” in the past two years. And the US says Pyongyang has used the funds to support its missile program.

30.01 / 09:31

Law regulation SEC security Philippines securities regulator seeks more authority to police the crypto industry

The Philippines Securities and Exchange Commission (SEC) is seeking to bring cryptocurrencies under its scope and beef up its authority over the local cryptocurrency industry under new draft rules.

30.01 / 09:05

Blockchain security Scams investigation phishing Monkey Drainer-linked scammers possibly exposed after an on-chain quarrel

Blockchain security firm CertiK believes to have found the real identity of at least one scammer allegedly linked tothe “Monkey Drainer” phishing scam.

27.01 / 00:13

regulation SEC Polkadot security Polkadot restates its case that DOT has ‘morphed’ away from security status

The Web3 Foundation, which supports the Polkadot protocol, has again presented its argument that its native DOT (DOT) token is not a security. In a Twitter thread, the foundation emphasized its efforts to comply with U.S. securities laws, as well as Securities and Exchange Commission guidance on digital assets, and declared that DOT had successfully “morphed” and is software, not a security.

26.01 / 13:45

Binance Robinhood Social Media security scam Fraud Robinhood’s Verified Twitter Account was Hacked and Started Promoting a Crypto Scam – This is What Happened Next

Attackers hacked into major US online trading platform Robinhood's social media accounts to promote a scam token. Binance CEO Changpeng Zhao soon said that the account linked to the incident had been locked.

26.01 / 00:21

defi security Binance Coin Exploit Ankr exploit victims group alleges the company only reimbursed them 50%

A group calling itself “Victims of Ankr Exploit” have claimed that its members lost over 13,000 BNB liquid staking coins (over $4 million worth at the time of writing) as a result of the Dec. 2 Ankr exploit, but have not been adequately reimbursed by the Ankr company. According to a Jan. 19 statement from the group received by Cointelegraph, affected members alleged that they have only received half of the amount they lost. The group has called on Binance’s Chanpeng Zhao (also known as “CZ”) to put pressure on Ankr to get the funds released.

20.01 / 19:21

Blockchain Adoption Crime security Legal DApp Fried Sam Today in Crypto: Car Crashed Into Sam Bankman-Fried's House Barricade, Ransomware Payments Fell 40% in 2022, Crypto Became the Second Most Widely Owned Asset Class for Women

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

19.01 / 14:23

defi regulation security Today’s iteration of DeFi could be criminalized by 2025. Here’s how its replacement could look

In the wake of an eventful 2022 for the crypto space, many investors are now wondering what the future holds. Early this year, the crash course the Terra ecosystem went on sent the space into a downward spiral, sinking millions in investor funds in mere days. Most recently, one of the biggest centralized exchanges, FTX, filed for bankruptcy, also dragging down millions in customer assets.

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