Amid the extreme market conditions, a June 13 report by CipherTrace details positive developments in the crypto ecosystem, suggesting a decline in crypto-related crimes. The report showed increased …
Why the cryptocurrency market crash portends bad times for cybersecurity
Ever since the Luna-Terra stable coin crisis surfaced, the global cryptocurrency market has been on a freefall. To give you an idea of the decline, the global crypto market cap has fallen below the $1 …
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Combating Crypto Breaches: Smart Cybersecurity Practices You Should Know
Investing in crypto requires strong defenses against security breaches. These tactics can help keep your funds safe. As of 2022, one in five Americans has invested in or traded some form of …
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Gemini Sued by IRA Financial Over $36M Hack
Gemini is being sued for allegedly providing IRA Financial an onboarding system with a single point of failure, which allowed the theft of $36 million in IRA customer money. The exchange is also …
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Decentralized Crypto Exchange Offline After Hacker Steals $113M
Hackers found a flaw in a decentralized crypto exchange and exploited it to steal an estimated $113 million. On Sunday, the founder and CEO of Maiar—a decentralized exchange (DEX) that bills itself as …
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What’s the catalyst behind the crypto crash?
The web3 market is a mess. There’s enough going on that it will take us a moment to unpack the situation this morning, but leading indicators of sentiment in the blockchain ecosystem are sufficiently …
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How do Cryptocurrencies Affect Cybersecurity?
The digitization of our world is continuing at an accelerating pace. More and more of our lives and our economy are moving online. Even our money is increasingly digital. We use credit cards and bank …
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Phishing, fake landing pages and emails from your boss: How crooks are targeting your crypto
Cyber criminals are sending out millions of phishing emails a day, using extortion and other schemes to steal Bitcoin and other cryptocurrencies from victims. The phishing attacks use a variety of …
Regulators Rush to Become “Crypto-Friendly”
Regulation might seem anathema to cryptocurrencies, whose entire raison d’être is to circumvent the power of governments and banks to control how people use their money. But as the technology pushes …
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Beware: The companies that hold your crypto aren’t insured the way banks are
The latest "crypto winter," which sent the values of Bitcoin and other digital currencies plummeting, served as a healthy reminder that cryptocurrencies are highly risky investments. But that risk is …
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