Certain multisignature (multisig) wallets can be exploited by Web3 apps that use the StarkEx protocol, according to a March 9 press release provided to Cointelegraph by Multi-Party Computation (MPC) …
Cryptocurrency-Related Crime Boomed in 2022
Cryptocurrency crime is flourishing, according to multiple year-end reports. For starters, cryptocurrency losses due to cyber theft rose to $3.7 billion last year. That’s a 58% increase over the $2.3 …
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Crypto Bank Silvergate Goes Out of Business
It's a new thunderclap that falls on the crypto industry. A disaster that had been brewing for a few days and which has just shaken the young financial services industry, powered by blockchain …
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India subjects crypto transactions to Anti-Money Laundering law
While there’s nothing new in imposing Anti-Money Laundering (AML) standards on crypto, it is only now that the Indian government has decided to notify all interested parties of the obligation to …
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US Cybersecurity Policy Plays Catch-up amid DPRK Hacking Threat
On March 2, the White House released a note to share the annual cybersecurity strategy, in line with the new challenges which the Western world is currently facing. The two main objectives highlighted …
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Tender.fi Hacker Receives $97K Bounty After Returning Stolen Funds
The hacker who compromised the decentralized finance lending platform Tender.fi has returned the stolen assets in exchange for a $97,000 Ether bounty. The exploit was carried out at 10:28 UTC on March …
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Environmental Impact of Bitcoin Mining ‘Deserves the Spotlight’: US Senator Markey
U.S. Senators are again taking a closer look at Bitcoin mining. Senator Ed Markey (D-Massachusetts) chaired a session of the Committee on Environment and Public Works yesterday, focusing on the energy …
Top 5 Cryptocurrency Scams (And How To Avoid Them)
Cryptocurrency has been making headlines in recent years as investors seek to capitalise on the potential rewards offered by digital currencies. However, with the rise in the popularity of …
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Shift In Cryptojacking: From End-User Machines To Cloud Services
The era of the "Gold Rush" in the niche of cryptocurrencies has long passed. Currently, cryptojacking, which involves using malicious software for cryptocurrency mining, is only financially viable on …
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SEC Shuts Down ‘$100 Million Crypto Fraud’ in Miami
Another day, another SEC crypto crackdown case. Today, the U.S. regulator announced emergency action against investment adviser BKCoin Management in connection with an alleged fraud scheme. The SEC …
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