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Analysis

  • Catching Up with Random Bits (Update)

    On the road the last few days meeting up with some old colleagues and hanging with the Agora (thanks all). The real computer security threat in the Pacific Northwest? The static charge released when two hundred computer security experts in an auditorium remove their fleece jackets at the same time. Got about four days of…

  • Low Speed, High Drag

    A classified Pentagon study analyzing the effectiveness of Special Operations forces has found that the military’s counterterrorism effort is hampered by bureaucratic duplication, officials said, citing in particular an overlap between new government centers. The study also found evidence of broad resistance to the Special Operations Command’s new counterterrorism role, from regional military commands and…

  • No deadline = No success

    The intelligence community — comprising 16 government agencies — plans to take the first steps this year toward pulling its tens of thousands of employees into a common pay system. The IC … operates with a patchwork of pay rules that makes it difficult for intelligence agencies to share, reassign and recruit employees, according to…

  • Their Kung Fu is Strong

    “It takes a network to defeat a network,” (Army BG Mark] Kimmitt, U.S. Central Command’s deputy director for plans and strategy, said at a State Department Foreign Press Center briefing. “To defeat this organization we must have a network that is more adept, more capable and more lithe.” Reason #197 why I need to start…

  • You have got to be s****** me (Update)

    In light of this, is there any reason to think that this has a chance (despite all the “steps being taken”)? I mean, I wish them well, but . . . Weigh in yourself at the GroupIntel forum (predictive analysis). Update: RN writes . . . I don’t know what is worse; the sadness I…

  • Forest for the trees

    I count myself as a cautious admirer. I admire because I’m confident that he’s pointing the way towards the future (has been for some time); cautious because while we’ve never met and I’ve never heard him speak, something in his written words sets off alarms. One of those alarms is ringing right now (3/19 post)…

  • The green in the badge stands for money

    [Contract intelligence] positions and thousands like them are part of a growing trend at the Pentagon to contract out intelligence jobs that were formerly done primarily by service personnel and civil service employees. But, by using contract employees, government agencies lose control over those doing this sensitive work and an element of profit is inserted…

  • An Army of Analysts (Scroll for Update)

    My latest article on the document issue is up at the Daily Standard. As mentioned in the text the Blog swarm on GITMO detainee docs is being run by Captain’s Quarters. Head here if you are not familiar with An Army of Davids or Wisdom of Crowds as mentioned in the text. Another (old school)…

  • Pathetic

    CNSNews reminds us of how great it is to work at NGIC: Where the intel is doctored, your keystrokes logged, and the phones are tapped. A former federal employee who says intelligence data was deliberately falsified over several years in order to justify the purchase of certain U.S. military weapons systems, will be questioned by…

  • I got your documents . . .

    . . . right here.

  • RELIDO: Why Bother?

    Secrecy News (a product of the Dread Pirate Aftergood) recently reported on a new marking for classified material: In an effort to improve the sharing of intelligence information, the Director of National Intelligence last year authorized the use of a new marking for intelligence documents: RELIDO, or Releasable by Information Disclosure Official. RELIDO is intended…

  • Two Books You’d Better Have

    First, to paraphrase an old drill sergeant: If you are not reading John Robb’s blog you’re wrong. His article in Fast Company makes a strong case for a future world where asymmetry plays an increasingly important role in both defense and offense from the national to the personal level. I don’t know about you but…

  • My New HLS-Themed TV Show

    Serious or Not Serious. I wonder if Michael Brown is available to host?

  • Pay Attention

    This will be on the test: With little fanfare the United States has revised its assessment of Iran’s nuclear weapons program. Officials said the U.S. intelligence community has determined that Iran has become capable of enriching uranium and completing the nuclear fuel cycle. In 2005, a CIA study assessed that Iran would require five to…

  • Messenger vs. Message (Update)

    Update: Much, much more at Terrorism Unveiled. The CT Blog doesn’t take kindly to too much coverage of Mohammed Reza Taheri-azar and his lead-footed technique for eliminating tar-heels. Claiming it trivializes “real” terrorism it is suggested that students of the problem would be better served studying our own home-grown variety terrorists rather than an ignorant…

Briefs

  • China-Linked Cyber-Espionage Team Homes In on Hong Kong Government Orgs

    The China-based espionage group Winnti was discovered by researchers at Symantec deploying the Spyder Loader malware as part of an ongoing campaign to gather intelligence. The group allegedly sought to steal information from government organizations in Hong Kong. The recently-observed malicious activity consists of Winnti attackers remaining active on some targeted networks for months at…

  • Deadbolt Ransomware Extorts Vendors and Customers

    The deadbolt ransomware has launched an ongoing campaign targeting NAS devices from the Taiwanese vendor QNAP such as those deployed in schools, individual home users, and other organizations by leveraging zero-day vulnerabilities as an initial attack vector. The prolific ransomware group is targeting the NAS devices and monetize its efforts by extorting vendors and customers.…

  • Brazilian Police Arrest Lapsus$ Suspect

    In Brazil, federal police arrested a suspected member of the notorious hacking group Lapsus$. The arrest occurred earlier this week and was a result of an investigation dubbed Operation Dark Cloud launched by Brazilian authorities this summer that aimed to crack down on the cybercrime collective. The individual was arrested in Feira de Santana, located…

  • Moola Market Reveals $9m Crypto Exploit

    Moola Market, a decentralized finance (DeFi) platform, has reportedly suffered from a security incident that resulted in a loss of up to $9 million worth of cryptocurrency. The platform admitted the incident on Tuesday of this week, stating that the company is investigating an incident. In addition, the Celo blockchain-based platform halted activity on the…

  • Jack Dorsey-Founded Bluesky Unveils Roadmap for Decentralized Social Networks

    In late 2019, Twitter co-founder Jack Dorsey announced that his company had formed a small, independent group of developers and tasked it with a single objective: to create a decentralized social media protocol that could serve as the bedrock of a new standard for online connectivity, free from corporate and governmental influence. Three years later, and…

  • Here’s Why the SEC Will Likely Be the Primary Cryptocurrency Cop

    The future of cryptocurrency regulation is an open question. While pending Congressional legislation would make the Commodity Futures Trading Commission the chief regulator, the Securities and Exchange Commission is influentially flexing its muscles. SEC Chair Gary Gensler has made clear that the agency intends to be the lead regulator of the US crypto market. Gensler said on…

  • Alleged OneCoin ‘Cryptoqueen’ Associates Face Charges in Germany

    Three people associated with notorious OneCoin founder Ruja Ignatova have appeared in a German court facing charges over their alleged roles in a multibillion-dollar fraud operation. The associates of the famous “Cryptoqueen” fugitive businesswoman are accused of money laundering, fraud, and banking crimes, Bloomberg reported. One man, a Munich lawyer who worked for Ignatova, is…

  • Time’s Running Out for French Crypto Registration Regime, Regulator Says

    Crypto companies operating in France were urged to prepare for tough European Union standards by a senior official from the country’s Financial Markets Authority (AMF) on Wednesday. AMF Secretary-General Benoît de Juvigny confirmed the country would be winding down its lighter national registration regime for crypto service providers. France has sought to set itself apart…

  • Blockchain Hackers Stole Nearly Half a Billion in Q3 2022

    Even though the cryptocurrency market is in a deep slump, cybercriminals are still actively hacking blockchain technologies or launching scams. According to the data analyzed by the Atlas VPN team, blockchain hackers stole $478 million worth of cryptocurrencies. The Ethereum ecosystem suffered the most significant losses of $348 million over 11 hacks. The data is…

  • Buffett-backed digital bank Nubank to launch its own cryptocurrency in Brazil

    The Brazilian digital banking startup Nubank will launch its own cryptocurrency in the country next year, marking the latest move into digital assets by a large financial institution. Nubank said Wednesday it will launch the token, called Nucoin, in the first half of 2023. In a press release, the company touts Nucoin as “a new way…

  • Phishing Mitigation Can Cost Businesses More Than $1M Annually

    Phishing attacks have been a consistent threat against enterprises, and new research shows that phishing mitigation may also be costing companies. Some large organizations with robust security staff may spend as much as $1.1 million per year to mitigate phishing attacks. Phishing related security activities take up roughly one-third of the total time available to…

  • Zoom Patches High-Severity Flaw in macOS Client

    Zoom released a patch last week that fixes a high-severity flaw in its client for macOS devices. The video messaging platform identified the vulnerability, which is tracked as CVE-2022-28762, as a debugging port misconfiguration that affects versions between 5.10.6 and 5.12.0. The flaw has been assigned a 7.3 out of 10 on the common vulnerability…

  • German Cabinet approves nuclear plant lifetime extension

    Germany’s Cabinet approved an executive decision by Chancellor Olaf Scholz to keep the three remaining nuclear plants in Germany operating beyond an end date set by the prior Chancellor ANgel Merkel. The approval of the decision came on Wednesday and will keep the plants in operation until mid-April 2023. The decision comes as many fear…

  • Spyder Loader Malware Deployed Against Hong Kong Organizations

    Security researchers at Symantec released an advisory claiming that the Spyder Loader malware has been observed targeting government organizations in Hong Kong. The security researchers believe that the attacks are likely part of a larger campaign called Operation CuckooBees, which was first discussed publicly in March 2021. Cybereason has also discussed the campaign, and has…

  • NGO warns of legal action if UK embassy moved to Jerusalem

    UK Prime Minister Liz Truss said she was reviewing the location of the British embassy in Israel and a few weeks later, a civil rights group warned against moving the embassy from Tel Aviv to Jerusalem. The rights group claims this shift would be a violation of Britain’s obligations under international law and could result…

  • Visitors among at least eight killed in blasts at Insein jail

    At least eight people have died in explosions at Myanmar’s Insein prison in Yangon. Two parcel bombs went off at the entrance tot he jain on Wednesday morning, killing five visitors and three prison staff members. The INsein prison is Myanmar’s largest jail, holding 10,000 prisoners, many of whom are political prisoners. 18 other people…

  • Russia ramps up relocation of civilians in Kherson. It may soon lose one of the biggest prizes of its war

    The Russian leaders in Ukraine’s Kherson region bagan relocating up to 60,000 people amid warnings against Russia’s ability to withstand a counter offensive from Ukraine. Ukrainian officials have accused Russia of using hysteria to persuade people to leave. The residents were told to evacuate over text messages from the administration stating that Ukraine would be…

  • Wine Merchant Among Aussie Firms Breached, Exposing Millions

    Australian wine retailer Vinomofo has been confirmed as the latest business to have been targeted by hackers. Reports suggest that the attack may have exposed as many as half a million customers. Security expert Troy Hunt released a letter to customers who may have been impacted, stating that a wide range of personal data could…

  • Thank You to the OODA Community for Joining Us at OODAcon 2022

    On behalf of the entire OODA team, thank you to all the OODAcon 2022 speakers, panelists, and attendees. We look forward to seeing you all again next year at OODAcon 2023.

  • The competing priorities facing U.S. crypto regulations

    As the Biden administration has worked in recent months to develop cryptocurrency regulations, the U.S. government finds itself caught between two extremes: unwilling to actively block cryptocurrency transactions for fear of restricting a growing and potentially lucrative industry but also determined not to give up completely on policing illegal cryptocurrency payments and going after their…

  • Justice Dept’s crypto chief: Crypto thefts are ‘serious national security concerns’

    The amount of crypto stolen by hackers has risen by more than a quarter this year, even as the value of cryptocurrencies has plunged. Blockchain thieves have nabbed as much as $3 billion of investor funds through 141 various crypto exploits since January, according to data from DeFi Yield, a 31% increase over the same…

  • The Ethics Of Crypto: Sorting Out Good Intentions And Bad Actors

    An ethical assessment of “crypto” paints a bleak picture. The negatives overwhelm the positives. Claims for moral benefits of the technology do not hold up under scrutiny. If there is a reason for cryptocurrency to exist, it must derive from other considerations (e.g., economic advantages). This column focuses on the first category: the questions that engage…

  • This BNB Chain-based Wallet Swap Facility Hacked for More Than $1 Million

    Earlier today, October 18, another wallet sway, BitKeep, became a victim of notorious hacks while losing more than $1 million. The BitKeep wallet was quick to inform all of its users. BitKeep further added that its development team has swung into action to contain the reach of the hacker. The attack took place on the BNB…

  • The Five Ws of Cryptocurrency Fraud — and How We Can Stop It

    Cryptocurrency is becoming mainstream—both as a digital currency and as a fraud target. More than 300 million people use crypto worldwide and 16% of Americans say they have invested in, traded or used cryptocurrency. Meanwhile, cryptocurrency hacks are on the rise, with more than $1 billion stolen so far this year. The cryptocurrency industry has been called…

  • Welcome to OODAcon 2022: Final Agenda and Event Details

    Welcome to OODAcon 2022. The following information will help you make the most of the day.

  • The Future of the Internet and Artificial Intelligence: Non-fungible Tokens (NFTs) and AI-Generated Art

    The current non-fungible tokens (NFTs) environment serves as a prelude to digitally tracked assets of the future. It is an early exploration of how property rights and ownership will work in digital economies and the metaverse with a layer of irrational enthusiasm, speculative gambling, and desire to be part of a community applied on top…

  • The 20th CPC National Congress Anoints 21st Century Chinese Emperor. But Does He Have No Clothes?

    Yesterday (Sunday, October 16th), the Communist Party of China (CPC) convened the highly anticipated 20th National Congress of the Chinese Communist Party, where  Xi will be appointed for a third term as President, or what some are calling a “21st Century Chinese Emperor” (not far behind the 21st-century Russian Tsarist construct emerging in Russia): “On…

  • SEC must clarify which NFTs will be regulated, says commissioner

    US regulators have kept digital art creators and investors in the dark about which non-fungible tokens (NFTs) could qualify as securities, according to SEC commissioner Hester Peirce. In an interview with the Financial Times, the US stock market regulator’s senior Republican member said some NFTs could be regulated like stocks or bonds. She called for…

  • BNB Chain responds with next steps for cross-chain security after network exploit

    BNB Chain, the native blockchain of Binance Coin and the Binance crypto exchange, has been subject to security-related developments over the last month. On Thursday, Oct. 6 the network experienced a multi-million dollar cross-chain exploit. The incident caused BNB Chain to temporarily suspend all withdrawal and deposit activity on the network. Initially, the announcement of the network…

  • Mango Markets Exploiter Returns Funds, Issues Statement On Twitter

    In the recent news, Mango Markets, a decentralized crypto platform based on Solana, experienced an exploit. According to a source, the attack led to a loss of $114 million worth of crypto tokens. Exploits in the crypto industry are increasingly becoming more rampant on different platforms. The attackers are using innovative approaches to manipulate vulnerabilities in…

  • Sanctioning a cryptocurrency protocol: What does that mean for Web3?

    In August 2022, the Office of Foreign Assets Control (OFAC) of the United States Treasury Department sanctioned a cryptocurrency “mixer” – programmes used to increase the anonymity of crypto transactions – for its alleged use in money-laundering. It also blacklisted a number of Ethereum addresses associated with the protocol. The sanctioning and the corresponding response…

  • TempleDAO Hacker Moves Stolen Funds to Sanctioned Crypto Mixer Tornado Cash

    According to data from block explorer, Etherscan, the attacker of the TempleDAO hack, has moved the funds stolen via the recently sanctioned crypto mixer, Tornado Cash. This information was first disclosed by blockchain data firm on Sunday, PeckShield. A roughly amount of ETH was seen transferred from an address supposed to be that of the TempleDAO…

  • North Korean Hacker Group Lazarus Targets Japanese Crypto Firms

    The infamous North Korean hacker group Lazarus has attacked several Japanese crypto funds through phishing and social engineering, according to a joint statement by local police and the Financial Services Agency of Japan. A report by Japan News adds that some companies have had their internal systems hacked and some cryptocurrency has been stolen. Phishing…

  • BAE Releases New Cybersecurity System for F-16 Fighter Aircraft

    BAE Systems has announced its new Viper Memory Loader Verifier II, a new system that is designed to bolster the cybersecurity in F-16 fighter aircraft and protect against potential cyberattacks. This is the second version of the maintenance capacity that is designed to reduce vulnerability of the systems in the F-16 aircraft. The system supports…

  • Magniber Ransomware Adopts JavaScript to Attack Individual Users

    New research demonstrates that the Magniber ransomware has been targeting home users by disguising itself as software updates. Magniber ransomware was leveraged in a campaign isolated by HP Wolf Security this fall. The malware is described as a single-client ransomware family that typically demands $2500 from its victims. Magniber is primarily spread through MSI and…

  • Shein Holding Company Fined $1.9m For Not Disclosing Data Breach

    The holding company behind the retailer giant Shein and Romwe, Zoetop, has been fined $1.9 million after allegedly failing to inform its customers of a data breach. The undisclosed data breach reportedly affected millions of users, according to a notice from the New York’s attorney general’s office. The breach reportedly occurred in 2018 and happened…

  • Mirai Botnet Targeted Wynncraft Minecraft Server, Cloudflare Reports

    Cloudflare has confirmed that it successfully stopped at distributed denial-of-service attack that was 2.5Tbps in Q3 of 2022. The distributed denial-of-service attack was reportedly launched by a Mirai botnet and targeted the Minecraft server Wynncraft. The data was released on the company’s latest DDoS Threat Report, which includes insights from the company about the threat…

  • Former PM Imran Khan dominates Pakistan by-elections

    The former prime minister of Pakistan, Imran Khan, has been on an electoral streak after being removed from office six months ago. During Sunday’s by-elections, eight National Assembly seats were up for grabs, Khan, the leader of Pakistan Tehreek-e-Insaf (PTI) contested seven of the seats, and won six. Candidates of the Pakistan People’s Party, part…

  • Kyiv attacked by ‘kamikaze drones’, say officials

    Russia has carried out a wave of attacks against Ukraine, including with Iranian-made kamikaze drones targeting the capital of Ukraine, Kyiv. The strikes cut off electricity in hundreds of villages across the country by targeting key infrastructure. At least 7 people have died in these strikes fo ar.  Last week, Russia hit Kyiv with missiles…

  • The Future of Money at OODAcon 2022

    OODAcon 2022: The Future of Money Panel Description:  Ten years ago, resilient cryptocurrencies did not exist, yet today the infrastructure to create them is available to anyone. The blockchain is often described as having the potential to be more disruptive than the Internet itself and the rules of finance are being rewritten every day. This…

  • Canceling the Apocalypse at OODAcon 2022: Funding the Next Generation of Innovation

    OODAcon 2022: Canceling the Apocalypse – Funding the Next Generation of Innovation Panel Description:  What problem sets and global risks represent strategic investment opportunities that help reduce those risks, but also ensure future global competitiveness in key areas of national defense?  This session will provide insights from investors making key investments in these technologies and…

  • Twenty Years of Cyber Threat Intelligence at OODAcon 2022

    OODAcon 2022:  Twenty Years of Cyber Threat Intelligence Panel Description:  Twenty years ago, the first cyber threat intelligence company was launched. What was once an obscure business idea based upon Presidential Decision Directive 63, has now developed into an essential component of cyber risk management. This panel of experts from the leading cyber-threat companies will…

  • A Keynote Conversation with Congressman Will Hurd at OODAcon 2022

    OODAcon 2022:  Keynote Conversation with Congressman Will Hurd Keynote Conversation Description:  Will Hurd joins us for a keynote conversation covering the domains of cybersecurity, AI, and the current and future threat environment.

  • SEC’s Gensler says CFTC authority over stablecoins should be bolstered

    he U.S. Congress should give the Commodity Futures Trading Commission more powers to police cryptocurrency stablecoins to reduce risks to the financial system, Securities and Exchange Commission Chair Gary Gensler said on Friday. Stablecoins are usually pegged to the U.S. dollar and are primarily used to facilitate trading in other digital assets. With around $150 billion in…

  • Safe and secure crypto is closer than we think

    Blockchain is reinventing financial services, with digital assets and “programmable money” innovations that offer real utility and new approaches for reducing systemic risks. But customers have lost billions of dollars due to cyber hacking, scams, and unregulated products—and if we can’t trust it, we won’t scale it. It’s time to hardwire security into this emerging…

  • Cosmos’ $8B Ecosystem Endangered by Critical Vulnerability

    Last week’s BNB Chain attack led Cosmos developers to inspect their IBC code. They found a critical security vulnerability that endangered every IBC-enabled blockchain. It appears the entire Cosmos ecosystem was endangered by a single vulnerability. According to an announcement posted today in the Cosmos Hub governance forum by co-founder Ethan Buchman, lead developers recently discovered a…

  • Samsung uses blockchain-based security for devices in its network

    Tech giant Samsung announced it will utilize blockchain technology to upgrade security protocols for all of its smart devices. Knox Matrix is its new blockchain-based security solution for “cross-device experiences.” This means the security layer covers all Samsung devices, from smartphones to home appliances, within the network. Samsung said Knox Matrix will work as an individual’s “own…

  • Everything We Know About the Mango Markets Hack

    Things happen differently with cryptocurrency. A hacker who stole $117 million in digital assets from decentralized finance exchange Mango Markets now says they’ll return the funds, but only if token holders let them keep $70 million without the possibility of criminal prosecution. The hacker communicated their proposal on the Mango Markets decentralized governance platform and proceeded…

  • Cyberattackers Spoof Google Translate in Unique Phishing Tactic

    According to new research from Avanan, attackers are spoofing Google Translate in a new phishing campaign that uses a common JavaScript coding technique. The JavaScript technique allows it to bypass email security scanners. Researchers state that leveraging trust in Google Translate is a new approach that has not been observed until now. Avanan uncovered the…

  • Chinese APT WIP19 Targets IT Service Providers and Telcos

    A new threat cluster that is being tracked by SentinelLabs as WIP19 has been targeting telecommunications providers, according to new reports by security experts. WIP19 uses a legitimate, stolen digital certificate issued by DEEPSoft, a Korean messaging solutions company. The recent targets have been in the Middle East and Asia, the cybersecurity form reports. Security…

  • Budworm Espionage Group Returns, Targets US State Legislature

    An advanced persistent threat actor known as Budworm has been spotted by security researchers targeting a US based entity. This marks the first time that the group has targeted a US organization as it typically focuses on international targets. Security researchers at Symantec were the first to discover the news. Budworm allegedly executed attacks over…

  • Swimming with Black Swans: Innovation in an Age of Rapid Disruption at OODAcon 2022

    OODAcon 2022:  Swimming with Black Swans – Innovation in an Age of Rapid Disruption Panel Description:  If Yogi Berra were to evaluate today’s pace of global change, he might simply define it as “the more things change, the more they change”. Are we living in an exponential loop of global change or have we achieved…

  • Iraq names new president and prime minister, ending a year of political deadlock

    Kurdish politician Abdul Latif Rashid was elected as Iraq’s new president by parliament on Thursday. This move ends a year of political stalemates and violence. Rashid won 162 out of the 269 votes in parliament, beating the current President Barham Salim. Rashid has named Mohammad Shia al-Sudani as prime minister, and he now has one…

  • Jeremy Hunt replaces Kwasi Kwarteng as UK finance minister

    British Prime Minister Liz Truss dismissed Finance Minister Kwasi Kwarteng on Friday and replaced him with former Foreign Minister Jeremy Hunt. Truss and Kwarteng have been scrambling to reassure markets and lawmakers after a tax-cutting mini budget that was proposed on September 23 and created an economic maelstrom. It is expected that a reversal of…

  • Deadly Indonesia football stampede caused by tear gas

    The football stampede in Indonesia that killed over 130 people was caused by tear gas, it was announced by the country’s security minister. The announcement came after football, security experts and a team of government officials investigated the main cause of death in the stadium disaster on October 1. The stampede is one of the…

  • Russia ‘to repair blast damage to Crimea bridge by July 2023’

    The Russian government has ordered for repairs to be finished on a key bridge linking the annexed region of Crimea to Russia by July of 2023. The bridge was damaged by a blast last Saturday that killed three people. Russia blames Ukraine for the attack, however, Ukraine has not claimed responsibility.  The bridge stretches 12…

  • Open the Pod Bay Door: Resetting the Clock on Artificial Intelligence at OODAcon 2022

    Open the Pod Bay Door – Resetting the Clock on Artificial Intelligence Panel Description:  Artificial intelligence is like a great basketball head-fake. We look towards AI while we pass the ball to machine learning. But, that reality is quickly changing. This panel taps AI and machine learning experts to level-set our current capabilities in the…

  • From neglecting security to bad tokenomics, DeFi has played a hand in its own decline

    Decentralized finance (DeFi) led cryptocurrency’s rapid growth in early 2021, but the crypto market has since plummeted in value. Global markets have played a role, but so has recklessness among developers when it comes to both cybersecurity and (often self-serving) inflationary token models. Too much DeFi has been based on tokens minted from nothing or tokens…

  • Hodlers prefer centralized exchanges over DeFi for security: Chainalysis

    Despite the rise of decentralized finance (DeFi), cryptocurrency investors appear to be sticking to centralized exchanges (CEXs) over DeFi tools, according to a new report. Crypto investors are more comfortable holding their assets on CEXs because decentralized exchanges are still more vulnerable to the threat of hacks. This is according to a joint report by the…

  • Have U.S. Crypto Sanctions Gone Too Far?

    There’s something alluring about North Korea for those on the edges of the western crypto world. Earlier this year, the hacker Virgil Griffith was sentenced to five years for helping Kim Jong-Un’s government evade sanctions, while Tether, issuer of the third-largest cryptocurrency, has decided to pick a fight over its right to send money to…