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, …
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 …
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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 …
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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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 …
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