28 Jun 2022

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. Investors and consumers are subject to phishing and scams, where they are instructed to send cryptocurrency to a specific location

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27 Jun 2022

Crypto Security: Protect Your Coins and NFTs From Being Stolen

With crypto prices in free fall, crypto firms laying off thousands of workers and coins that are considered “stable” losing all their value, it’s more important than ever to secure your remaining portfolio. The current crypto crash isn’t the only way people are losing their money. There have been an increasing

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24 Jun 2022

MetaMask Crypto-Wallet Theft Skates Past Microsoft 365 Security

Researchers have uncovered an email-based credential-phishing attack targeting users of MetaMask, a cryptocurrency wallet used to interact with the Ethereum blockchain. The campaign is directed at Microsoft 365 (formerly Microsoft Office 365) users and has targeted multiple organizations across the financial industry. It starts with a socially engineered email that looks

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23 Jun 2022

Cryptocurrency Custody Concerns: Who Holds the Digital Storage Keys?

Got Crypto? Make sure you own and have access to it in a secure digital stronghold. Having self-custody of your crypto keys and managing your digital assets can help stave off digital bankruptcy or loss through theft, warns cryptocurrency storage provider CompoSecure. Cryptocurrency is an increasingly familiar term since Bitcoin emerged in

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23 Jun 2022

NFT, DeFi and crypto hacks abound — Here’s how to double up on wallet security

The explosiveness and high dollar value of nonfungible tokens (NFTs) seem to either distract investors from upping their operational security to avoid exploits, or hackers are simply following the money and using very complex strategies to exploit collectors’ wallets. At least, this was the case for me way back when after

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23 Jun 2022

Web3 Wallets Targeted by Chinese Hackers; “SeaFlower” Using Cloned Websites to Trick Crypto Traders

A hacking group out of China has been identified using a rather low-tech yet effective way to steal money from Web3 wallets: distributing altered versions that have holes programmed into them. The Chinese hackers cloned the distribution sites of legitimate wallets, tricking users into downloading a compromised version. Researchers with

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15 Jun 2022

How Can Crypto Investors Avoid the Regulatory Risks Associated with Centralized Storage.

Cryptocurrency storage is one of the most important things that investors should consider when joining the burgeoning digital asset market. However, most people in this space have little to no knowledge of the existing options. As it stands, crypto exchanges currently hold the larger share of investors’ capital despite the associated

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15 Jun 2022

Hackers are using fake apps and wallets to steal your crypto

Cryptocurrency users and enthusiasts are being targeted by malicious actors with fake wallet apps that steal their precious tokens, researchers have found. Cybersecurity researchers from Confiant discovered that some of the world’s most popular cryptocurrency wallets are being spoofed by clones(opens in new tab) that carry malware. Coinbase, MetaMask, TokenPocket, and imToken

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14 Jun 2022

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 cryptocurrency. Popular coins like Bitcoin are increasingly finding their way into mainstream payment methods accepted at everyday stores, both

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28 Apr 2022

Intuit Sued After Hackers Stole Crypto from Customers

A class-action lawsuit was filed against Intuit, a software company, after its email marketing service was hacked and cyber criminals stole cryptocurrencies from Trezor users. The hackers deployed a phishing attack on March 26 and gained entry into the crypto wallets that are sold by Trezor, a Czech company, according to

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