Security Financial News

13.04 / 20:19

Ripple XRP SEC security XRP price bounces to $0.72 but still risks new lows in April — here's why

Ripple's XRP took a break from its prevailing downtrend as its price rebounded from $0.68 to $0.72 in the last three days.

13.04 / 13:05

Ethereum Hack defi security Sky Mavis Axie Infinity Developer Sky Mavis Offers up to USD 1M in Bounty for 'Fatal Bugs'

Sky Mavis, the firm behind the popular blockchain-based online game Axie Infinity (AXS), has launched a bug bounty program to incentivize white-hat hackers to find bugs associated with its services.

11.04 / 18:01

cryptocurrency security Virtual Insurer and German Giant Munich Re Team Up to Offer Digital Asset Insurance

Hong Kong-based virtual insurer OneDegree has entered into a three-year strategic partnership with German reinsurer Munich Re to launch OneInfinity, a new digital asset insurance product.

07.04 / 02:37

Altcoins regulation privacy security More Problems Building up for Iris-Scanning Crypto Firm Worldcoin

The eyeball-scanning crypto startup Worldcoin has been hit with another setback – with a report alleging user anger with the company, and some accusing its architects of being “thieves.”

07.04 / 01:05

Government Blockchain security NOT Yellen alleges crypto has not been used for significant Russian sanctions evasion so far

United States Treasury Secretary Janet Yellen told the House Financial Services Committee on Wednesday that her department is not seeing significant use of cryptocurrencies to evade sanctions placed on Russian oligarchs and government agencies. Yellen was asked repeatedly about digital asset security at the committee’s annual hearing on the state of the international financial system.

06.04 / 13:19

NFT Hack security scam NFT Traders, Beware of Social Engineering Hacks

Holders of blue-chip non-fungible tokens (NFTs) have long been targets of various types of attacks given the value of their possessions - and now scammers seem to have found new loopholes to take advantage of.

04.04 / 17:25

Hack security scam Scammers Impersonate CoinMarketCap to Sell Fake 'CMC' Tokens

In an attempt to defraud potential users, scammers hacked major crypto market data provider CoinMarketCap's CrypTown social network and published links to a fake token sale.

04.04 / 11:09

Hack security scam Bitcoin Here's How You Can Protect Yourself Against Phishing as Trezor is Attacked

Trezor, a popular Bitcoin (BTC) hardware wallet, has revealed that its newsletter has been compromised, warning users of phishing attacks -- but the team's chief information security officer (CISO) shared tips on how to stay crypto-safe just days earlier.

31.03 / 12:39

NFT Hack security Gaming Axie Infinity Postpones Origin Launch Following Security Breach

Non-fungible token (NFT) and blockchain-based online video game Axie Infinity (AXS) has postponed a major update as the team seeks to fully investigate the implications of the recent security breach.

31.03 / 06:39

Blockchain security Quantum Computing Cryptography Quantum computers are many years away from cracking crypto: MIT Tech Review

Condensed matter theory physicist and quantum information expert Sankar Das Sarma has argued in MIT Technology Review that quantum computers remain a very long way away from cracking RSA-based cryptography.

31.03 / 03:11

Blockchain Ethereum security Buterin Claims Ethereum Simplicity is Still Possible, as Developers Warn of Increasing Complexity

Ethereum (ETH) co-founder Vitalik Buterin has said it is still possible to reduce Ethereum's complexity while improving its functionality. The statement comes as some developers have recently complained about Ethereum's complexity.

30.03 / 14:09

Blockchain Crime Hack security Sky Mavis analysts stake Axie Infinity’s Ronin Hack Exposes Risks of Proof-of-Stake and Centralization – Analysts

The recent hack of Axie Infinity’s Ronin bridge reveals how proof-of-stake (PoS) chains still struggle with a fundamental flaw in their design, with speed and energy efficiency prioritized over security, an analyst at crypto exchange Huobi has said.

29.03 / 22:03

Blockchain Crime Hack security Sky Mavis network Over USD 600M Stolen in Blockchain Bridge Hack as Ronin Network Exploited

The first quarter of 2022 is about to end with one of the largest crypto thefts, as the gaming-focused Ronin bridge, which connects blockchains, has been exploited to the tune of more than USD 600m.

29.03 / 22:03

Career coinbase security Exchange Hero Coinbase Wants to Hire All-Action Bodyguard – But Only if This Hero Likes Crypto

The American crypto exchange giant Coinbase is on the hunt for a crypto-loving all-action hero – and has posted a surreal job posting for an “Executive Protection Senior.”

23.03 / 14:03

Altcoins privacy security Investment valuation Crypto Project Worldcoin to Raise USD 100M at USD 3B Valuation - Report

Major crypto exchange Coinbase-backed startup Worldcoin is reportedly set to raise USD 100m through the sale of its tokens, valuing the total supply of the tokens at USD 3bn.

21.03 / 13:13

Hack security BlockFi safe raid BlockFi, Swan Bitcoin, Pantera Advise Users How to Stay Safe After Data Got Hacked in Hubspot CRM Raid

On Friday, a hacker targetting crypto customers’ data discovered a vulnerability in the client relationship management (CRM) platform Hubspot, making off with customer data from firms such as BlockFi, Swan Bitcoin, and Pantera Capital - and all three companies have shared steps customers can take to help ensure the safety of their data and funds.

21.03 / 09:21

defi hacks DEX security Exploit Li Finance protocol loses $600,000 in latest DeFi exploit

The Li Finance swap aggregator has experienced a smart contract exploit leading to the loss of around $600,000 from 29 users’ wallets.

18.03 / 08:25

Hackers security Scams Fraud Bears phishing attack Rare Bears Discord phishing attack nabs $800K in NFTs

Recently launched NFT project, Rare Bears, was hit with an attack, after a hacker posted a phishing link in the project's Discord channel, stealing nearly $800,000 in NFTs.

17.03 / 17:25

Adoption privacy security Investment data privacy Worldcoin Pulls Out Of Numerous Countries Amid Data Privacy Concerns, Technological Challenges

Major crypto exchange Coinbase-backed startup Worldcoin has decided to stop operations in at least seven countries as a result of intensifying logistics challenges that are impacting the company’s launch plans.

12.03 / 01:03

NFT regulation security KYC Yuga Labs faces user backlash for under wraps KYC-restricted project

Yuga Labs, creator of Bored Ape Yacht Club, or BAYC, teased a new collaboration with blockchain game publisher Animoca Brands on Twitter on Thursday. The catch is that no details about the project have been revealed yet, and users who signed up for it via a know-your-customer, or KYC, verification process have expressed their concerns on social media.

07.03 / 17:17

Blockchain defi security banking Global council adds DeFi banking firm Scallop to help secure payment data

A council formed by traditional finance conglomerates American Express, Discover, Visa and Mastercard welcomes a decentralized finance (DeFi) banking firm to its participating organizations that help improve payment data security worldwide.

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