Security Financial News

06.11 / 12:23

Blockchain Adoption Hackers security Future BUG Future of Web3 security with Immunefi and Brave CEOs: The Bug House 2022

Celebrating the myriads of accomplishments earned by the crypto ecosystem, Immunefi, Electric Capital, Bitscale Capital and MA Family together hosted The Bug House — a party for bringing together the global Web3 community.

05.11 / 01:33

business SEC Polkadot security NOT Web3 Foundation makes bold claim to SEC: 'DOT is not a security. It is merely software'

The entity supporting research and development of Polkadot as well as overseeing fundraising efforts for the blockchain has argued that the United States Securities and Exchange Commission should not consider the DOT token a security under its regulatory purview.

04.11 / 14:09

business defi Cybersecurity security Immunefi launches scoring system for Web3's elite white hats

Bug bounty platform Immunefi has released its Whitehat Leaderboard — a scoring system that showcases the top 20 most elite white hats in Web3. The rank will measure a given white hat's skills and status amid Immunefi's security community, said the company at the Web Summit on Nov 4.

04.11 / 07:03

Ripple XRP SEC security Support You have our swords: 12 independent entities pledge legal support for Ripple

Fintech firm Ripple is garnering more support from the crypto and finance industry in its ongoing battle with the United States Securities and Exchange Commission (SEC).

04.11 / 01:05

Law Cybersecurity security Developers need to stop crypto hackers — or face regulation in 2023

Third-party data breaches have exploded. The problem? Companies, including cryptocurrency exchanges, don’t know how to protect against them. When exchanges sign new vendors, most just innately expect that their vendors employ the same level of scrutiny as they do. Others don’t consider it at all. In today’s age, it isn’t just a good practice to test for vulnerabilities down the supply chain — it is absolutely necessary.

02.11 / 11:05

business security Bitcoin Withdrawals Deribit crypto exchange halts withdrawals amid $28M hot wallet hack

Major cryptocurrency derivatives exchange Deribit has halted withdrawals after suffering a $28 million hot wallet hack.

01.11 / 17:09

Blockchain Technology Adoption security Can internet outages really disrupt crypto networks?

In the wee hours of Oct. 18, several parts of Europe, America and Asia were left without any internet due to several undersea internet cables being “cut,” causing a chain reaction of connectivity problems across the globe. France, Italy and Spain, in particular, were faced with significant outages, with many experts claiming that vandals were to be blamed for the same.

27.10 / 14:45

Binance Hack BNB security Exploit Binance CEO Says They’re Closer to Identifying Hacker Behind $570,000,000 Exploit

Major cryptoasset exchange Binance is closer to finding out the identity of the person(s) behind the $570 million hack on its native BNB blockchain, CEO Changpeng Zhao (CZ) told CNBC.

25.10 / 14:29

security scam Fraud community Crypto Staking Rug Pull Withdrawals $160 Million Rug Pull? – Crypto Staking Platform Freeway Halts Withdrawals Citing ‘Unprecedented Volatility’

UK-based crypto platform Freeway halted withdrawals on Sunday due to, as they claim, never-before-seen levels of volatility - but some argue that this is in fact a rug-pull.

20.10 / 21:49

regulation SEC security legislation place SBF: FTX to filter assets it thinks are securities from US listings until registration in place

Sam Bankman-Fried (SBF) has written a set of suggested standards for the crypto industry “while waiting for full federal regulatory regimes,” which were posted on the FTX Policy blog on Oct. 19. The post covers many of the questions facing regulators and operators, with specific reference to the United States at points. In particular, SBF outlined a plan for treating assets in the U.S. in regard to their status as securities or commodities. FTX will implement his plan, SBF wrote.

20.10 / 00:57

business Adoption security Celestia Celestia Foundation raises $55M for modular blockchain architecture

Celestia Foundation announced on Oct. 18 that it had raised $55 million in a funding round led by Bain Capital Crypto, Polychain Capital, Placeholder, Galaxy, Delphi Digital, Blockchain Capital, NFX, Protocol Labs, Figment, Maven 11, Spartan Group, FTX Ventures, Jump Crypto, and angel investors; Balaji Srinivasan, Eric Wall, and Jutta Steiner.

18.10 / 00:43

regulation security Texas investigates FTX for securities violations after objecting to Voyager auction

The Texas State Securities Board (SSB) and the Texas Department of Banking (DOB) filed a supplemental declaration Oct. 14 in the Voyager Digital case in which it stated that the SSB is investigating FTX Trading, FTX US and their principals, including co-founder and CEO Sam Bankman-Fried, for allegedly offering unregistered securities in the United States. FTX US won the auction for the remaining Voyager Digital assets on Sept. 26.

17.10 / 14:33

Blockchain Binance Hackers security Cross-Chain network Exploit BNB Chain responds with next steps for cross-chain security after network exploit

BNB Chain, the native blockchain of Binance Coin (BNB) and the Binance crypto exchange, has been subject to security-related developments over the last month.

17.10 / 14:03

Ripple XRP SEC security Q4 3 signs suggesting the XRP price boom can continue in Q4 2022

XRP XRP has made considerable gains over the past month as traders continue to shower confidence on Ripple's legal win against the U.S. Securities and Exchange Commission (SEC).

17.10 / 13:15

Hack security Japanese Crypto Exchanges Targeted by North Korean Hackers

The notorious North Korean hacker group Lazarus is targeting Japanese cryptoasset companies, and some of these companies already saw their crypto stolen, according to The JapanNews, citing the National Police Agency (NPA).

14.10 / 10:29

regulation security Scams Fraud NOT Industry exec explains why NFT fraud protection falls on brand and not marketplaces

Nonfungible token (NFT) marketplaces should commit to combat fraudulent NFTs, but brands are far more responsible for protecting NFT investors, according to one industry executive.

13.10 / 17:43

Blockchain security Samsung Smartphone network Samsung uses blockchain-based security for devices in its network

Tech giant Samsung announced it will utilize blockchain technology to upgrade security protocols for all of its smart devices.

07.10 / 18:41

VISA security Legal BUG Crypto News Summary: Visa Report Says $400M Stolen from Crypto Bridges, Bitstamp to Assists Mt. Gox Repayment Process, Solana Reveals a Bug

04.10 / 05:47

Twitter SEC security Fine How Crypto Twitter reacted to Kim Kardashian’s $1.26M SEC fine

The crypto community reacted with a mix of disbelief and amusement after reality star Kim Kardashian was fined for promoting the cryptocurrency EthereumMax (EMAX).

03.10 / 19:25

Ripple XRP SEC security XRP price could rally by 50% based off comments from a former SEC director

XRP is hoping that the token could see a massive price rally in 2022 based off the fingers-crossed assumption that Ripple will win its long-running legal battle against the U.S. Securities and Exchange Commission (SEC).

03.10 / 16:01

ETH Hack BNB security Hacker Exploits Transit Swap and Steals $23 Million – Here’s Everything You Need to Know

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