If there’s any term that can describe the current NFT market, it’s the Wild West. Because the NFT space is still experimental and regulations are unclear or lax, it has attracted a flood of hackers …
Hackers Stole USD 670M from DeFi Projects in Q2, Up by 50% from Q2 2021
Hackers and fraudsters stole a total of USD 670.7m from various crypto protocols during the second quarter of the year, according to a report by major bug bounty and security services platform …
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Human Error Blamed for Leak of 1 Billion Records of Chinese Citizens
Earlier this week, a Chinese government developer released a blog post regarding the China Software Developer Network. The post accidentally included the credentials to the system in which the data is …
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Advanced Phishing Scams Target Middle East and Impersonate UAE Ministry of Human Resources
A new campaign impersonating the Ministry of Human Resources of the UAE government has been uncovered by security researchers at CloudSEK. According to the security agency, the campaign is targeting …
FBI Warns Crooks are Using Deepfakes to Apply for Remote Tech Jobs
The FBI has reported that scammers and cybercriminals are leveraging deepfake technology and stolen personally identifiable information to use during online job interviews when seeking remote roles. …
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What is a Cryptocurrency Crime, and How Does it Affect Trading
Cryptocurrency crime is as sinister and upsetting as most financial crimes. The crimes that are perpetrated range from ordinary theft of cryptocurrency to money laundering and market to market fraud. …
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OODAcon 2022 and Periods of Economic Downturn as a Climate for Innovation Discussed by the June 2022 OODA Network Member Meeting
To help members optimize opportunities and reduce risk, OODA hosts a monthly video call to discuss items of common interest to our membership. These highly collaborative sessions are always a great …
Congress can do better than the Howey test for crypto regulation
Cryptocurrencies are generally not subject to federal regulation unless they are deemed to be “securities,” in which case the Securities Act of 1933 requires them to abide by disclosure requirements …
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Phishing gang that stole millions by luring victims to fake bank websites is broken up by police
Europol has busted a phishing and fraud ring that was reportedly responsible for the theft of several millions of euros being stolen from victims. The perpetrators engaged in illicit activities such …
Capital One Hacker Convicted of 7 Federal Crimes
A former Amazon engineer has been convicted of seven federal crimes after she was caught stealing the personal data of over 100 million people. Following a seven-day trial and 10-hour deliberation by …
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