Binance’s Philippines ‘cybercrime’ partnership a disaster in the making
Binance has a well-deserved reputation of undermining local regulators by acting outside the rule of law when doing so improves the company’s bottom line.
Latest cybersecurity News
Improving trust with blockchain
As technology evolves, so does the need of the public to have a system that can securely and privately record their transactions, and only a massively scalable public blockchain can offer that.
Zcash, Litecoin among 280 blockchains at risk of zero-day exploits: report
Researchers from Halborn discovered the zero-day vulnerability in Dogecoin in March 2022, and they say it’s still present in Litecoin, Zcash, and more.
SEC’s new cybersecurity rules might spill over to digital assets
The securities regulator proposed new regulations for cybersecurity among financial firms that could spill over to digital assets, requiring greater disclosures after breaches.
France to tighten digital asset laws as MiCA looms
French lawmakers have passed new laws that tighten measures on cybersecurity, internal controls, and anti-money laundering but are not as tough as proposed in December.
FBI dismantles Hive malware network, saves $130 million in ransom payments
The FBI gained access to the network months ago and has been giving decryption keys to Hive victims, before finally seizing the malware infrastructure.
Ransomware revenues dip 40% as victims ‘refuse to pay’: Chainalysis
The Chainalysis report says that a record 48% all cyber criminals now prefer centralized exchanges, shining a light on Binance and other unregulated exchanges.
Leveraging blockchain for cybersecurity—SmartLedger team talks to the Food Institute podcast
In a podcast, the team behind SmartLedger shed light on how blockchain technology can be of vital use in addressing and preventing a cyberattack and the success of their tool, Sentinel Node.
German regulator warns citizens of ‘Godfather’ malware targeting banking, digital currency accounts
BaFin says that one of the ways that the Godfather malware gets in contact with users is through the impersonation of popular investment websites and apps.
UK’s crime agency launches new virtual currency unit to combat fraud
Applicants vying for a position in the new 'crypto cell' department must have proper training on blockchain as they will spearhead new and existing investigations on crimes tied to virtual currencies.
Microsoft uncovers new threat to digital asset funds from Lazarus Group
The latest threat saw the North Korean-linked hackers target digital asset investment companies on Telegram by joining investment groups on the chat platforms, according to Microsoft.
US: Department of Energy taps blockchain for electricity grid cybersecurity amid rising vulnerabilities
ORNL notes that DLT could solve the existential threats plaguing the US' energy grid, as blockchain creates multiple hash copies, triggering an alert if nodes have inconsistent data.