Payments giant Mastercard today is launching Crypto Secure, a new software product designed to help banks and other card issuers identify and block suspicious transactions from crypto exchanges, …
Millions in Cryptocurrency Vanished as Agents Watched Helplessly
Gary Harmon grinned as he lounged in a bathtub full of dollar bills surrounded by scantily clad women. The moment, captured in a photo on his cellphone, could be part of his undoing. To US …
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FBI warns of “Pig Butchering” cryptocurrency investment schemes
The Federal Bureau of Investigation (FBI) warns of a rise in 'Pig Butchering' cryptocurrency scams used to steal ever-increasing amounts of crypto from unsuspecting investors. The warning was issued …
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What Proof of Stake Means for the Future of Blockchain Security
Proof of stake is a consensus algorithm originally invented by Sunny King and Scott Nadal in 2012. The idea for proof-of-stake (PoS) began as a way to create an alternative to Bitcoin’s proof-of-work …
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Web3 security companies emerge in China amid mounting crypto thefts and few legal protections
When Wu Caizeng lost a 20,000-yuan (US$2,800) non-fungible token (NFT) to a phishing scam in September, he sought help on Twitter, where he publicised his thief’s public blockchain address. However, …
Transit Swap ‘hacker’ returns 70% of $23M in stolen funds
A quick response from a number of blockchain security companies has helped facilitate the return of around 70% of the $23 million exploit of decentralized exchange (DEX) aggregator Transit Swap. The …
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Kim Kardashian charged by SEC over alleged ‘pump and dump’ crypto scheme, will pay $1.26M
Kim Kardashian has landed in hot water with the feds over an Instagram post promoting a cryptocurrency asset that has been blasted by critics as an alleged “pump and dump” scheme. The Securities and …
Pro-Russian groups are raising funds in crypto to prop up military operations and evade U.S. sanctions
Pro-Russian groups are raising funds in cryptocurrency to prop up paramilitary operations and evade U.S. sanctions as the war with Ukraine wages on, a research report published Monday revealed. As of …
6 Ways Enterprises Can Secure Private Blockchains
There has been significant growth in organizations deploying private blockchain technology. But despite its reputation, it is essential not to assume blockchain is secure just because it relies on …
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Ethereum Scaling Solution Aurora Pays $2 Million Bug Bounty to Hackers
Aurora, an Ethereum Virtual Machine (EVM) compatible scaling and bridge solution built on top of the NEAR Protocol blockchain network, has completed the payment of a $2 million bug bounty to a pair of …
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