Celsius filing for bankruptcy this week surprised virtually no one. Once a platform freezes customer assets, it’s typically all over. But even though it was expected, it remains a really big deal for …
These moonlighting hackers are using ransomware against ‘random’ targets
Microsoft has raised an alert over a ransomware gang that is apparently based in North Korea and has successfully compromised small business since September 2021. Microsoft Threat Intelligence Center …
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SEC Chair Gary Gensler: Crypto Lenders Offered ‘Too Good to Be True’ Returns
Securities and Exchange Commission Chair Gary Gensler called out cryptocurrency lending companies for offering unrealistic yields today in an interview with Yahoo Finance. “If it’s too good to be …
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Cryptocurrency crash triggers crisis for dark web exchanges
The decline in the value of cryptocurrencies has created a cash rush that is pushing many underground exchanges to their breaking point. According to research from security company Cybersixgill, …
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Sri Lanka central bank warns against use of cryptocurrency amid economic crisis
Sri Lanka has warned its citizens against using cryptocurrency, which it said is “largely unregulated” amid an ongoing political chaos in the South Asian nation. The country’s central bank, CBSL, said …
The toughest challenges for cryptocurrency lie ahead, not in the rear-view mirror
With more than $1 trillion in cryptocurrency value wiped out since the 2021 high-water mark, many investors may be tempted to enter the cryptocurrency orbit at a potentially attractive, lower price …
Cloud-based Cryptocurrency Miners Targeting GitHub Actions and Azure VMs
GitHub Actions and Azure virtual machines (VMs) are being leveraged for cloud-based cryptocurrency mining, indicating sustained attempts on the part of malicious actors to target cloud resources for …
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DeFi Exploits Top $1.8B YTD, Though Security ‘Getting Better’ Immunefi Says
Hacks against decentralized finance protocols have increased almost eightfold when compared to the first quarter of last year, according to DeFi bug bounty platform Immunefi. In Q1 of this year alone, …
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What is a crypto airdrop and how does it work?
For most crypto investors, there is nothing more important than making a return on their investment. Thanks to the volatility, this can be done quickly or it can be a hugely difficult task. That's why …
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UN Says Developing Nations Should Ban Bitcoin Ads, Regulate Crypto Wallets
A recently published policy brief from the United Nations recommended developing nations take action against crypto, warning of risks associated with leaving the industry unregulated. In the document …
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