Security Financial News
26.08 / 05:57
business
Blockchain
Adoption
security
Don't trust your coins to anyone, Ledger CEO warns
The rise of decentralized services and hardware security wallets means that we no longer need to rely on intermediaries to manage our financial assets and data, according to CEO Pascal Gauthier of hardware wallet Ledger, who has urged people to take on more responsibility.
25.08 / 16:55
Adoption
regulation
security
FinTech
hearing
committee
Binance gives security assurances in Philippine senate banking committee hearing
Binance representatives participated in a hearing of the Philippine Senate Banking Committee, according to a report in the local press Wednesday. Bangko Sentral ng Pilipinas deputy governor Chuchi Fonacier, the country’s Security Exchange Commission (SEC) chair Emilio Aquino, and members of FinTech Alliance Philippines and the Cagayan Economic Zone Authority also took part in that hearing.
25.08 / 11:15
23.08 / 19:45
Law
SEC
coinbase
security
Plaintiff in Coinbase lawsuit raises issues of account lockouts, crypto as a security
One user has filed a class-action lawsuit against crypto exchange Coinbase on behalf of account and wallet holders “who have had their accounts breached and incurred losses arising from the unauthorized transfer of assets.”
23.08 / 05:29
business
Adoption
Cybersecurity
security
Crypto security
Crypto security experts raking $430K salaries amid 2022's hacking spike
The rise of crypto hacks over 2022 has skyrocketed demand for blockchain security experts, with some auditors making upwards of $430,000 per year.
22.08 / 23:09
Law
regulation
security
Prosecutors want to claim NFTs as securities, alleges legal team of former OpenSea employee
Lawyers representing Nathaniel Chastain, the former OpenSea product manager accused of insider trading, have claimed United States authorities only filed charges in an attempt to set a legal precedent that nonfungible tokens (NFTs) are securities.
18.08 / 11:39
12.08 / 17:57
11.08 / 23:19
Blockchain
Hackers
Cybersecurity
security
Cross-chains in the crosshairs: Hacks call for better defense mechanisms
2022 has been a lucrative year for hackers preying on the nascent Web3 and decentralized finance (DeFi) spaces, with more than $2 billion worth of cryptocurrency fleeced in several high-profile hacks to date. Cross-chain protocols have been particularly hard hit, with Axie Infinity’s $650 million Ronin Bridge hack accounting for a significant portion of stolen funds this year.
11.08 / 17:01
11.08 / 08:11
Blockchain
hacks
security
88% of Nomad Bridge exploiters were 'copycats' — Report
Close to 90% of addresses taking part in the $186 million Nomad Bridge hack last week have been identified as “copycats,” making off with a total of $88 million worth of tokens on Aug. 1, a new report has revealed.
09.08 / 20:07
09.08 / 11:27
08.08 / 14:51
04.08 / 12:09
Hack
wallet
solana
security
Solana Blames Slope Wallet for Hack While Slope Says that 'Nothing is Yet Firm'
The team behind the Solana (SOL) blockchain has tied the widespread hack that affected over 8,000 wallets and resulted in the loss of over USD 8m worth of funds to the closed-source Slope wallet.
03.08 / 07:15
Crime
Hack
wallet
security
SOL Drops as Thousands of Wallets Attacked on Solana
SOL, the native token of the Solana network, dropped following reports that thousands of wallets have been drained in apparently still ongoing attack.
02.08 / 20:55
wallet
security
UK
Bitcoin
Lost
Man Pledges Some 18M of His Lost Bitcoin to Fund Newport Crypto Hub & USD 51 to Every Newportonian
James Howells, a computer engineer who claims he mistakenly threw away a hard drive that contained some 7,500-8,000 bitcoin (BTC) during house cleaning in 2013, has pledged to use 10% of this lost stash if/when recovered and turn Newport, UK, into a cryptocurrency hub.
02.08 / 09:39
Blockchain
Hack
defi
security
Nomad DeFi Bridge Drained of At Least USD 150M in 'Chaotic' 'Decentralized Robbery'
Cross-chain messaging protocol Nomad, which allows users to send and receive tokens between different blockchains, was drained of at least USD 150m after experiencing a security exploit that allowed bad actors to spoof messages.
02.08 / 03:55
defi
Hackers
Cybersecurity
security
Exploit
Nomad token bridge drained of $190M in funds in security exploit
The Nomad token bridge appears to have experienced a security exploit that has allowed hackers to systematically drain the bridge’s funds over a long series of transactions.
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