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Analysis

  • Tasting Our Own Ice Cream (Updates)

    A friend from the biz used to say that after a few days out of the office he would delete any emails or other messages older than 72 hours old; odds are that whatever was being discussed prior to that point was likely to have been overtaken-by-events, so why bother wasting time trying to catch…

  • “Top” must mean something different there

    The FBI’s National Security Branch, which leads the war on terrorism, is on its sixth director in four years. [former chief Gary] Bald lasted just eight months. Chris Swicker, the head of the bureau’s law enforcement division, is also leaving – after just three months. The head of the FBI lab and its cyber-crime chief…

  • Definately Not Serious

    A government consultant, using computer programs easily found on the Internet, managed to crack the FBI’s classified computer system and gain the passwords of 38,000 employees, including that of FBI Director Robert S. Mueller III. The break-ins, which occurred four times in 2004, gave the consultant access to records in the Witness Protection Program and…

  • Developing a Group Strategic Threat and Modus Operandi Profile Analytical Framework

    This paper will outline the conceptual contours of developing a Group Strategic Threat and Modus Operandi Profile (GSTMOP) Analytical Framework as an element of John P. Sullivan’s IPO and Transaction Analysis Cycle counterterrorism intelligence frameworks. It will examine the constellations of group variables such as group psychologies, group behaviors and structures, ideology, available weaponry and…

  • The iBigot List

    Teri O’Brien at The American Thinker considers the impact that Apple-like compartmentalization would have on . . . well . . . the IC: So, I think [DNI Negroponte] should resign, and President Bush should give [his] gig to Apple CEO Steve Jobs. To understand why, check out the article in this morning’s Wall Street…

  • Ever Forward

    Charlie is on the job: Years without an intelligence strategy to secure U.S. borders resulted in uncoordinated and sometimes incomplete threat information about immigrants, a top counterterrorism official said Wednesday. Only over the past year has the Bush administration begun to develop plans to analyze border security gaps with information gleaned from all the intelligence…

  • Discarding an Important Tool

    Given a chance to cut back on future leaks, the Senate balks: The U.S. Senate has refused to protect whistleblowers in intelligence agencies. The Senate last week passed a markedly different version of whistleblower protection legislation than the U.S. House of Representatives had previously approved, resulting in a call by one congressman for the creation…

  • Intelligence Reporting: Is “Good Enough” Good Enough?

    To say that I am on the anti-secrets-publication bandwagon would be something of an understatement, but while listening to various editors and reporters on the radio talking about the rightness or wrongness of revealing classified material during a time of war (which is a debatable point in some circles), a couple of questions occurred to…

  • Haste Makes Waste

    Nearly five years after the Sept. 11 attacks, the Departments of Justice and Homeland Security continue to clash over who is in charge of coordinating and vetting information on terrorism. As a result, state and local authorities continue to get conflicting or incomplete information – sometimes none at all – on threats inside the United…

  • So Much Data . . .

    . . . so little privacy: Almost every piece of personal information that Americans try to keep secret — including bank account statements, e-mail messages and telephone records — is semi-public and available for sale. That was the lesson Congress learned over the last week during a series of hearings aimed at exposing peddlers of…

  • When to Publish

    You will probably only find it in a second-hand bookstore (I found mine in Ottawa), or you can wait a month and maybe Amazon will be able to find a paperback version for you, but a great book on a fantastic intelligence success is The Double-Cross System by Sir J.C. Masterman. The short version: British…

  • WMD: Moving at the speed of government (Running Updates)

    Pesky details courtesy of Captain’s Quarters: I think that we have known of a handful of recovered chemical-weapons shells, but not 500. That number has more significance. An artillery company could have laid down a very effective attack on an enemy position, quickly killing or disabling them in a manner outlawed for decades. Of course,…

  • Please, Stop with the “Privacy” Arguments

    First, in light of recent events and because I am a good steward of the virtual planet, allow me to recycle this post as well as this one. Second, and at the risk of beating a dead horse, could we please stop with rating from privacy advocates about how government investigation into large pools of…

  • Sometimes the Panda needs more than a hug

    A former Defense Intelligence Agency analyst has pleaded guilty to illegally holding classified documents and admitted in a plea agreement to passing “top secret” information to Chinese intelligence officials. Ronald N. Montaperto, the former analyst who held a security clearance as a China specialist at a U.S. Pacific Command research center until 2004, pleaded guilty…

  • Homebrewed

    Consider: Seven radical (black) Muslims arrested in Miami Mid-2005 Population of black men between 20-39 in US prisons: ~ 500,000 (DOJ BJS) In 2004, # Muslim men in just federal facilities ~9,000 (DOJ OIG) % of Muslims in federal facilities who declare affiliation with Sunni or Nation of Islam: 85 All elephants are gray, but…

Briefs

  • Why is Sweden left behind in the Nordic NATO bid?

    Last May Finland and neighboring Sweden announced bids to join NATO after Russia first invaded Ukraine last February. Turkey became the final and 30th member to ratify Finland’s bid to join NATO on Thursday and Finland is expected to finalize their membership in the coming days. Sweden continues to face opposition to joining the alliance. Finland…

  • Russia to offer food for North Korean weapons

    Russia is sending a delegation to North Korea to offer food in exchange for weapons. US national security spokesperson John Kirby said any arms deal between North Korea and Russia would violate UN Security Council resolutions.  The US has previously accused North Korea of supplying arms to Russian forces in Ukraine along with the Wagner…

  • How ChatGPT is Revolutionizing Smart Contract and Blockchain

    The advancement of Artificial Intelligence (AI) has revolutionized various industries in recent years. ChatGPT, a large language model developed by OpenAI, is one of the latest AI innovations that can potentially transform how we think about smart contracts and blockchain technology. Smart contracts are self-executing contracts that use blockchain technology to automate the execution of…

  • Citi Says Mass Adoption of Crypto Will Be Driven by CBDCs, Tokenization

    Citi says the industry is finally “approaching an inflection point” and that blockchain technology will soon see “billions of users and trillions of dollars in value.” In its latest report “Money, Tokens, and Games: Blockchain’s Next Billion Users and Trillions in Value,” Citi analysts suggest that the next influx of crypto adoption will be powered…

  • What Are Multisig Wallets?

    A multi-signature wallet is one of the advanced security tools available to cryptocurrency users. Yet, many investors do not use them because they do not understand how multi-signature, or multisig, wallets work. There is also a false narrative that multi-signature wallets eliminate all security risks associated with holding cryptocurrency. Although multisig wallets provide remarkable security,…

  • How to mitigate the security risks associated with crypto payments

    Due to its decentralized and distributed structure, blockchain technology is intended to be secure and resistant to attacks. However, it is not completely immune to attacks, and many different types of blockchain attacks have been identified, including 51% attacks, double-spend attacks, sybil attacks and DDoS attacks. A 51% attack is one of the most frequent styles…

  • Cryptocurrency Companies Should Expect More SEC Enforcement in the Near Future

    The Securities and Exchange Commission (SEC) has been increasing its enforcement actions against cryptocurrency companies and individuals in recent years. In 2022, the SEC brought 24 litigation actions in federal courts and 6 administrative proceedings against cryptocurrency companies and individuals, a significant increase over the previous year. During 2022, the SEC charged a total of 79…

  • S Sudan president appoints defense minister, breaching peace deal

    South Sudan’s President Salva Kiir has appointed a member of his own party as defense minister. This appointment breaches a peace deal in which the role should be selected by the party of the First Vice President and opposition leader, Riek Machar. Defense Minister Angelina Teny was fired alongside the interior minister this month, causing…

  • Kentucky helicopter crash

    Nine people have died after two US Army helicopters crashed on Wednesday night in the state of Kentucky. The incident involved the 101st Airborne Division and happened during a training mission near a military base. The crash happened at 21:35 local time near the large Fort Campbell military base. The two Blackhawk helicopters crashed during…

  • Binance Users Rush to Withdraw $1.6 Billion After CFTC Lawsuit

    According to data from Nansen, Binance, the world’s largest exchange by trading volume, saw withdrawals of $1.6 billion after it was sued by regulators. Reuters reported that investors withdrew $1.6 billion from Binance since Monday due to legal actions from the Commodity Futures Trading Commission (CTFC). According to the on-chain data provider Messari, investors withdrew…

  • Scam alert: MetaMask warns users of deceptive March 31 airdrop rumors

    Web3 wallet provider MetaMask has warned its users of “false rumors” of a purported MetaMask airdrop, which appears to have been making the rounds on social media. According to a March 28 tweet from MetaMask, there have been “quite a few rumors going around” of a MetaMask snapshot or airdrop on March 31. “These rumors…

  • SafeMoon [SFM]: Hackers say ‘relax’ as DEX loses millions in exploit

    Decentralized Finance exchange SafeMoon [SFM] has lost millions of dollars following a compromised liquidity pool. which allowed hackers to exploit the BNB Chain-based DEX. The exploit took place on 29 March and drained $8.9 million from the liquidity pool. According to Dappd CEO @MoonMark_ on Twitter, hackers took advantage of the “public burn function” in…

  • ChatGPT joins crypto hype, sets Bitcoin price at $300,000 by 2030

    After venture capitalist and former CTO at cryptocurrency trading platform Coinbase Balaji Srinivasan made a shocking claim that Bitcoin (BTC) could reach the price of $1 million in the following three months, many in the crypto community became intrigued, wondering if his prediction could truly materialize. As the guesswork continued en masse, some analysts have…

  • North Korean hacking group APT43 found to rely on cryptocurrency crime

    Mandiant said that although APT43’s main objective is espionage, the group also engages in various types of crime both related and unrelated to crypto. Mandiant said that APT43 steals user credentials by phishing — that is, by impersonating online services such as crypto exchanges and search engines. For example, APT43 at one point created a…

  • Clipboard-Injector Attacks Target Cryptocurrency Users

    A malware campaign that is targeting cryptocurrency wallets was recently disclosed by security researchers at Kaspersky. Kaspersky researchers detailed the findings in a recent advisory, stating that the attacks were first observed in September 2022 and consisted of threat actors deploying malware to replace part of clipboard contents with cryptocurrency addresses. The attacks are relatively…

  • US Moves to Ban “Anti-Democratic” Spyware

    US President Joe Biden has moved to approve an executive order that bans government use of any commercial spyware products that have been identified to have been misused by foreign states. The misuse includes spying on citizens, dissidents, politicians, activists, and other individuals. The ruling applies to any and all tools that are used for…

  • France wracked by more pension protests amid rising violence on the streets

    The anger at French President Emmanuel Macron’s pension reforms showed no sign of letting up on Tuesday, the 10th day of nationwide demonstrations. The protests have paralyzed major services across the country. The proposal is to raise the retirement age for most workers from 62 to 64.  740,000 protesters held 240 rallies across France on…

  • Hacker Behind $200M Euler Attack Apologizes, Returns Millions in Ether, Dai to Protocol

    In a sudden turn of events, the attacker behind Euler Finance’s $200 million exploit returned more funds to the protocols and seemed to apologize in a series of messages sent on the blockchain. “Jacob here. I don’t think what I say will help me in any way but I still want to say it. I…

  • Bitcoin ATM maker to refund customers impacted by zero-day hack

    Bitcoin ATM manufacturer General Bytes says it is reimbursing its cloud-hosted customers that lost funds in a “security incident” in March that saw its customers’ hot wallets accessed. As previously reported by Cointelegraph, a hacker gained access to sensitive information, including passwords, private keys and funds from hot wallets on March 17 and 18 after…

  • $119M in Stolen Crypto So Far in 2023, NFT Rug Pulls on the Rise

    The year is young but so far in 2023 hackers have stolen $119 million in crypto in 19 breaches, Crystal Blockchain says in a new report, which includes data ranging from the Mt. Gox crypto exchange hack in 2011 to Feb. 18, 2023. The biggest DeFi hack so far this year was February’s of Bonq…

  • Bankman-Fried charged with paying $40M bribe to China

    FTX founder Sam Bankman-Fried was charged with directing $40 million in bribes to one or more Chinese officials to unfreeze assets relating to his cryptocurrency business in a newly rewritten indictment unsealed Tuesday. The charge of conspiracy to violate the anti-bribery provisions of the Foreign Corrupt Practices Act raises to 13 the number of charges…

  • North Korea Is Now Mining Crypto to Launder Its Stolen Loot

    In the cryptocurrency ecosystem, coins have a story, tracked in the unchangeable blockchains underpinning their economy. The only exception, in some sense, is cryptocurrency that’s been freshly generated by its owner’s computational power. So it figures that North Korean hackers have begun adopting a new trick to launder the coins they steal from victims around…

  • China’s Nuclear Energy Sector Targeted in Cyberespionage Campaign 

    A persistent threat actor from the South Asia region has been observed by security researchers targeting the nuclear energy sector in China. Security firm Intezer detailed the cyberespionage campaign purported by a threat group dubbed ‘Bitter.’ The group has been active since t least 2021 and is known for targeting of energy and government organizations…

  • ChatGPT Data Breach Confirmed as Security Firm Warns of Vulnerable Component Exploitation

    OpenAI, the creator of ChatGPT has confirmed that it suffered from a data breach that was caused by a bug in an open source library. In addition, a cybersecurity firm identified an actively exploited vulnerability affecting its recently introduced component. OpenAI stated on Friday that it had taken the chatbot offline temporarily to address the…

  • Fire at migrant detention facility in Mexico kills 39 men

    A fire broke out in an immigration detention facility in northern Mexico near the United States border and killed and injured dozens of people. The fire is one of the deadliest incidents at an immigration lockup in the country and occurred late Monday at a facility in Ciudad Juarez. At least 39 people died in…

  • Pirates board Danish-owned ship in dreaded Gulf of Guinea

    Pirates attacked and boarded a Danish-owned ship in the Gulf of Guinea on Saturday. After the pirates boarded the ship, all communications channels withe the ship are down. All 16 crew members of the ship sought refuge in a safe room on board the ship.  The Liberian-flagged oil and chemical tanker was sitting idle and…

  • Kokomo Finance Exit Scam and Swerve Finance Attack Proof of Rampant Defi Exploits In 2023

    The decentralized finance (DeFi) niche has tracked phenomenal progression since it emerged in earnest around 2017 but not without major bruises. During this half decade run, the DeFi space has evolved rapidly as reflected in its total value locked (TVL) figure which topped $180.38 billion in December 2021 according to DeFi Llama data. The brisk…

  • $4M ‘exit scam’ suspected as Kokomo Finance flies off radar, token plunges

    Optimism-based lending protocol Kokomo Finance has been suspected of a $4 million “exit scam” that has seen user funds plucked from the platform via a smart contract loophole. Blockchain security firm CertiK alerted its followers to the “exit scam” in a March 26 tweet, noting that the Kokomo Finance (KOKO) token had plummeted 95% in…

  • Defunct Swerve Finance Still Subject of $1.3 million Live Governance Hack

    Swerve Finance, a defunct Curve Finance clone, is still in the midst of a live governance exploit to steal $1.3 million in stablecoins, which is viewable on-chain, and details may have emerged unmasking the alleged exploiter behind the attack. To summarize, someone has attempted to launch a governance attack against Swerve Finance. A governance attack occurs…

  • Nvidia CTO: Cryptocurrency Adds Nothing Useful to Society

    Having earned a boatload of money selling graphics processors to miners of crypto currencies like Bitcoin and Ethereum, Nvidia now says that cryptocurrencies are useless for society. Instead of wasting GPU compute power for mining, it can be used to run various artificial intelligence applications like smart chatbots. “All this crypto stuff, it needed parallel processing,…

  • Crypto exchange Binance and its CEO sued by CFTC over regulatory violations

    The United States Commodity Futures Trading Commission has filed suit against Binance and CEO Changpeng “CZ” Zhao for trading violations, according to a Bloomberg report. The suit was filed in the U.S. District Court for the Northern District of Illinois. According to the CFTC, Binance failed to meet its regulatory obligations by not properly registering with…

  • New EU Greenwashing Rules Fail To Prevent Misinformation, Say Campaign Groups

    Consumer and environmental groups claim that new EU anti-greenwashing rules have failed to prevent companies from spreading misinformation online about their products. Over half of the examined environmental claims in Europe were vague, misleading, or unfounded, a European Commission study found. The commission states that this creates an uneven playing field in the EU’s market…

  • GitHub Suspends Repository Containing Leaked Twitter Source Code

    Last Friday, social media platform Twitter sent a copyright violation notice to code hosting service GitHub requesting the removal of a certain repository containing source code belonging to Twitter. The repository has since been suspended, GitHub says. Twitter was seeking to take down the public repository hosted by GitHub user “FreeSpeechEnthusiast” as it illegally hosted…

  • Latitude Financial Admits Breach Impacted Millions

    Latitude Financial, a consumer lender firm headquartered in Melbourne, Australia, has confirmed that a cyberattack that was disclosed earlier this month had more drastic effects than previously thought. According to the company, the breach resulted in the theft of over 14 million customer records, including sensitive personal information included on driver’s licenses. Latitude Financial stated…

  • Ex-Taiwan leader visits China, first such trip since civil war

    Taiwan’s ex-President Ma Ying-jeou has become the first sitting or former Taiwanese leader to visit China since the revolution in 1949. This visit has been called regrettable by Taipei’s ruling party.  Ma was met at Shanghai’s Pudong International Airport on Monday by officials including the deputy head of China’s Taiwan Affairs Office. The visit has…

  • Public transport network halted over pay in Germany ‘mega strike’

    Germany’s transport network is close to a standstill as one of the country’s largest strikes in decades is occurring. Staff at airports, ports, railways, buses and subways walked out shortly after midnight last night for a 24-hour strike.  Two of the largest unions in Germany are striking for higher wages to help combat the rising…

  • Binance employees allegedly help customers in China bypass KYC controls

    Binance, the world’s largest cryptocurrency exchange, has made significant efforts to be a leader in transparency in the industry since the FTX scandal. However, a new report claims that Binance insiders are allegedly helping users bypass security protocols. According to a CNBC investigation, employees and volunteers at Binance have allegedly been aiding customers in China to…

  • SEC Ramps Up War Against Crypto With New Investor Alert

    The United States Securities and Exchange Commission (SEC) has issued a warning about investing in crypto. The agency cites volatility and a lack of crypto asset investor protection measures. The United States Securities and Exchange Commission (SEC) issued a notice on March 23, cautioning investors about crypto assets securities. The SEC’s Office of Investor Education and…

  • Arbitrum airdrop: Hacked vanity addresses used to siphon $500K

    Hacked vanity addresses have reportedly been used to steal $500,000 worth of tokens from layer-2 scaling solution Arbitrum’s March 23 airdrop. A vanity address is a customized cryptocurrency address containing specific words or phrases chosen by the user, aiming to make them more personal and easily identifiable. However, the safety of vanity addresses is questionable. The tweet…

  • Cryptocurrency Fraud

    Cryptocurrencies such as bitcoin, ethereum, cardano and hundreds more are hot commodities in online trading, and it’s possible for a lucky investor to make a big profit. But the prospect of quick riches can blind some people to the risks and enable crooks to lure them into scams. This virtual money isn’t backed by any…

  • Release of long-awaited Arbitrum cryptocurrency generates $1.8 billion in just 2 hours

    A treasure trove of crypto appeared on Thursday in a matter of minutes. The long-awaited native cryptocurrency for Arbitrum, the leading scaling solution for the Ethereum blockchain, finally became available for more than 600,000 recipients, according to Dune Analytics. With over 1 billion ARB tokens airdropped—distributed to select individuals—so far, the total market capitalization for the token…

  • China-Aligned “Operation Tainted Love” Targets Middle East Telecom Providers

    Chinese state-sponsored threat actor connected to the Operation Soft Cell campaign has been observed by security researchers at SentinelOne targeting Middle East telecom providers. SentinelOne has dubbed the campaign Operation Tainted Love and stated that it has been active since early 2023. The campaign exhibits a well-run credential theft capability and a new dropper mechanism…

  • US and Canada reach deal to reject asylum seekers

    The US and Canada have reached a deal to reject asylum seekers at unofficial border crossings. There have been large numbers of migrants making unsanctioned border crossings at Roxham Road on the US-Canada border. This deal closes a loophole created by a 2004 asylum agreement with the US where migrants have to make their asylum…

  • Netanyahu meets Sunak at Downing Street amid protests

    UK Prime Minister Rishi Sunak has met Benjamin Netanyahu as the Israeli leader is facing protests over judicial reforms. The two leaders met at Downing Street ahead of talks over security and the threat from Iran. Mr Netanyahu is also expected to meet Home Secretary Suella Braverman during his visit. Hundreds of protesters gathered at…

  • US bombs Syria targets after deadly drone attack

    The US has carried out air strikes against groups linked to Iran in eastern Syria after a drone attack killed a US contractor. Eight fighters in the group were killed in the airstrikes. The air strikes occurred on Thursday night, after the drone attack by the group.  Last August, the US bombed sites in eastern…

  • US enforcement agencies are turning up the heat on crypto-related crime

    On the evening of Jan. 7, Anatoly Legkodymov, founder of the cryptocurrency exchange Bitzlato, was arrested in Miami. The following day, the United States Department of Justice (DOJ) unsealed a complaint in federal court charging him with “conducting a money transmitting business that transported and transmitted illicit funds.” According to the DOJ, Bitzlato failed to…

  • OpenZeppelin Reveals Top 10 Blockchain Hacking Techniques in 2022

    OpenZeppelin, a crypto cybersecurity company that provides an open-source framework to develop secure smart contracts, on Thursday U.S. time revealed the final results of the top 10 blockchain hacking techniques of 2022, in an effort to make the crypto space more safe. First and second place included a bug on the software node level of…

  • Terraform Labs Chief Do Kwon Arrested by Police in Montenegro

    Authorities in Montenegro have arrested an individual believed to be South Korean fugitive Do Kwon, the crypto entrepreneur behind the $40bn implosion of the terraUSD and luna digital tokens last year. In a statement on Twitter, Montenegro’s interior minister Filip Adzic said “the former cryptocurrency king” was detained by police at Podgorica Airport with falsified…

  • SEC Charges Justin Sun, Jake Paul, Lindsay Lohan, and Others for Tron-Related Violations

    The Securities and Exchange Commission (SEC) announced Wednesday that Tron founder Justin Sun and his companies violated securities laws, accusing him of market manipulation, fraud, and airdropping unregistered securities to investors. In addition to Sun himself, the financial watchdog said it was suing the Tron Foundation, BitTorrent, and Rainberry—three companies owned by Sun. The lawsuit…

  • Crypto Exchange Coinbase Shares Tumble 16% After SEC Enforcement Notice

    Coinbase’s (COIN) stock slumped as much as 20% in early trading Thursday before paring some of the losses, after the crypto exchange disclosed that the U.S. Securities and Exchange Commission said the company may be violating securities laws. On Wednesday, the SEC issued Coinbase a Wells notice, which informs businesses that it is planning future…

  • Malicious ChatGPT Chrome Extension Hijacks Facebook Accounts

    Security researchers have identified another threat leveraging the popularity of ChatGPT to spread malware and conduct nefarious activities. The latest attack is a fraudulent Chrome extension masquerading as ChatGPT. The threat actors behind the application forked a legitimate open source extension and added malicious code to steal Facebook session cookies from victims. The threat actors…

  • Australia PM unveils plan for historic constitution vote

    Australia’s leader has unveiled details of a planned referendum which could change its constitution for the first time in almost 50 years. The referendum, if approved later this year, would establish an Aboriginal and Torres Strait Islander Voice. This would be a formal body for indigenous people to give advice on laws. Prime Minister Anthony…

  • New Android Banking Trojan ‘Nexus’ Promoted As MaaS

    A new Android banking Trojan dubbed Nexus by security researchers has been identified in several malicious campaigns across the world. The tool is promoted as part of a malware-as-a-Service subscription and allows threat actors to perform a variety of malicious activity, including account takeover. The banking Trojan was identified in January 2023 by security researchers…

  • Inside Mispadu massive infection campaign in LATAM

    The Metabase Q Security Operations Center recently reported on a campaign leveraging anti-detection techniques to slip past antivirus software and IT professionals. The campaign used endpoint detection and response security tools to block the initial payload, as well as fake certificates. Upon noticing the attack, Metabase Q’s Threat Intelligence Team conducted additional investigations to identify…

  • Ethiopia sets up Tigray interim gov’t as part of peace plan

    Ethiopia’s Prime Minister Abiy Ahmed has created an interim government for the country’s northern region of Tigray, a first step in the implementation of a peace plan to end the ongoing war there. The interim administration appointed Tigray People’s Liberation Front delegate Getachew Reda as head of the administration. The administration was established to be…

  • Circle CSO’s Twitter account breached by scammers

    According to an official post on March 22 from Circle, issuer of the USD Coin stablecoin, the Twitter account for its chief strategy officer and head of global policy, Dante Disparte, has been compromised. In a previously deleted Tweet, Disparte’s account reportedly began promoting fake loyalty rewards to long-time users of USDC. Before the compromise, Disparte’s…

  • Blockchain gaining adoption in more than just DeFi: Report

    Anyone familiar with the blockchain industry knows that decentralized finance (DeFi) is one of the sector’s most prominent use cases with the most substantial adoption. Recent issues in the banking sector, like those surrounding Silicon Valley Bank and Credit Suisse, have caused many to take a second look at Bitcoin and crypto as an alternative…

  • SushiSwap Subpoenaed by SEC, Proposes Legal Defense Fund to Sushi DAO

    Sushi, maker of the Ethereum-based decentralized exchange SushiSwap, disclosed on Tuesday it had received a subpoena from the Securities and Exchange Commission, signaling it could soon be subject to regulatory enforcement action. The organization’s disclosure came in the form of a proposal submitted to the Sushi DAO for the establishment of a legal defense fund…

  • Dogecoin Network’s Patched Bug Is Still Present in 280 Blockchains, Blockchain Security Firm Says

    Blockchain security Halborn says a vulnerability it found last year on the open-source codebase of the Dogecoin network is still present in at least 280 other networks, as per a Monday post. During an assessment in 2022, the researchers found several critical vulnerabilities that could have been exploited by attackers to compromise the network. At…

  • Bitcoin outperforms 97% of all S&P 500 companies in 2023

    As the cryptocurrency market continues to brave through the financial crisis that has already crushed several major banking institutions, Bitcoin (BTC) has recorded better results than nearly 100% of the 500 leading publicly traded companies in the United States during the third month of 2023. Indeed, since March 10, the price of Bitcoin has increased by…