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MIT Cybersecurity Experts Warn Against Use of Blockchain Voting Systems

MIT Cybersecurity Experts Warn Against Use of Blockchain Voting Systems

MIT Cybersecurity experts have said that blockchain-based mobile voting systems are vulnerable to serious failures.

3 Ways Blockchain is Transforming Cybersecurity

3 Ways Blockchain is Transforming Cybersecurity

Blockchain technology ensures that data is stored in immutable distributed ledgers and it can be instrumental in enhancing cybersecurity by averting DDoS attacks, authenticating downloads, and offering consensus mechanisms.

PwC Cybersecurity: CatchMe if you Kan

PwC Cybersecurity: CatchMe if you Kan

Felix Kan is a Partner in PwC’s Risk Assurance Cybersecurity Privacy practice with 10 years of extensive experience. Kan began his career as an ethical hacker and has committed his career to helping Hong Kong companies enhance their protections against increasingly sophisticated cyberattacks.

United States Department of Defense Tests Out Blockchain Technology to Enhance Cybersecurity

United States Department of Defense Tests Out Blockchain Technology to Enhance Cybersecurity

The United States Department of Defense (DoD) is considering implementing blockchain technology to enhance its cybersecurity.

Cybersecurity Firm Kaspersky Warns of New Ransomware Devised by Notorious North Korean Ransomware Group

Cybersecurity Firm Kaspersky Warns of New Ransomware Devised by Notorious North Korean Ransomware Group

Multinational cybersecurity provider Kaspersky has announced that the notorious North Korean crypto criminal group, Lazarus, is planning on releasing a new ransomware.

US DHS Cybersecurity Official Expects to be Fired in Trump’s Post-Election Purge for Debunking Fake News

US DHS Cybersecurity Official Expects to be Fired in Trump’s Post-Election Purge for Debunking Fake News

A United States Homeland cybersecurity official, Christopher Krebs expects to be cut in President Trump’s post-election purge for proactively debunking disinformation.

US Court Indicts Alleged Lazarus Group Members in $250 Million Crypto Exchange Theft

US Court Indicts Alleged Lazarus Group Members in $250 Million Crypto Exchange Theft

Two Chinese nationals, Tian YinYin and Li Jiadong were sanctioned yesterday by the US Government yesterday for their alleged involvement in laundering stolen cryptocurrency from a 2018 cyberattack. The pair have been charged with stealing nearly $250 million in virtual assets and laundering the money through converting BTC to USD and Chinese Yuan as well as through iTunes gift cards.

Exclusive: What are Top 5 FinTech Career Advice for Graduates?

Exclusive: What are Top 5 FinTech Career Advice for Graduates?

Prof. Aris Stouraitis presents how Master of Science in Finance (FinTech and Financial Analytics) offered by Hong Kong Baptist University strives to nurture interdisciplinary talents and he offers the top 5 career advice for graduates who wish to work in FinTech and blockchain industry!

Atomic Wallet Prevails in $100 Million Hack Lawsuit Dismissal

Atomic Wallet Prevails in $100 Million Hack Lawsuit Dismissal

Atomic Wallet has won a dismissal in a $100 million class-action lawsuit related to a hack, citing lack of jurisdiction over the Estonia-based company.

Ransomware Gang Evil Corp Group Strikes Again with New Ransomware WastedLocker

Ransomware Gang Evil Corp Group Strikes Again with New Ransomware WastedLocker

A ransomware gang called Evil Corp Group is back in action again, after having been in retirement for an undetermined period of time. The malware hacker group strikes again by developing a ransom software dubbed WastedLocker.

Trezor Strengthens Security Measures Amid Phishing Concerns

Trezor Strengthens Security Measures Amid Phishing Concerns

Trezor recently faced a security breach in its third-party support ticketing portal, potentially affecting 66,000 users. While user funds and device security remain secure, the incident raises concerns over increased phishing risks.

Coinbase, Gemini, Binance & Kraken Address Twitter Hack: "Repercussions for Bitcoin Could’ve Been Worse"

Coinbase, Gemini, Binance & Kraken Address Twitter Hack: "Repercussions for Bitcoin Could’ve Been Worse"

Twitter has never in its history experienced as big of a security breach and crypto hack scam as the one that happened earlier this week.

FINRA's 2024 Oversight Report Emphasizes Crypto Asset Compliance

FINRA's 2024 Oversight Report Emphasizes Crypto Asset Compliance

FINRA's 2024 Regulatory Oversight Report emphasizes compliance in crypto asset activities, emphasizing cybersecurity, anti-money laundering protocols, and transparent reporting, reflecting its commitment to guiding members in the evolving cryptocurrency world.

Bitfinex Launches $400 Million Bounty Hunt for 2016 Hackers Who Stole $1.3 Billion in BTC

Bitfinex Launches $400 Million Bounty Hunt for 2016 Hackers Who Stole $1.3 Billion in BTC

Bitfinex has launched a 400 million dollar bounty hunt in search of the hackers responsible for the theft of nearly 120,000 Bitcoins from the global exchange in 2016.

The Impact of AI and LLMs on the Future of Cybersecurity

The Impact of AI and LLMs on the Future of Cybersecurity

An exploration into the transformative potential of generative AI and LLMs in the cybersecurity realm.

Crypto Drainers: The Rising Threat to Bitcoin (BTC) and Other Cryptocurrencies

Crypto Drainers: The Rising Threat to Bitcoin (BTC) and Other Cryptocurrencies

A deep dive into the increasing threat of crypto drainers to Bitcoin and other cryptocurrencies, highlighting ways to avoid falling victim.

HKMA Warns Public About Phishing Messages Linked to ICBC (Asia)

HKMA Warns Public About Phishing Messages Linked to ICBC (Asia)

HKMA alerts public to phishing messages related to ICBC (Asia).

Hong Kong Monetary Authority Warns Public About Fraudulent Website and Fake Emails

Hong Kong Monetary Authority Warns Public About Fraudulent Website and Fake Emails

HKMA alerts public about a fraudulent website and fake emails claiming HKMA regulation.

OpenAI Appoints Retired U.S. Army General Paul M. Nakasone to Board of Directors

OpenAI Appoints Retired U.S. Army General Paul M. Nakasone to Board of Directors

OpenAI adds cybersecurity expert Paul M. Nakasone to its Board of Directors.

HKMA Warns Public About Fraudulent Website Impersonating Ant Bank (Hong Kong) Limited

HKMA Warns Public About Fraudulent Website Impersonating Ant Bank (Hong Kong) Limited

The Hong Kong Monetary Authority alerts the public about a fraudulent website mimicking Ant Bank (Hong Kong) Limited.

Cisco Boosts Workload Security with NVIDIA BlueField-3 DPUs

Cisco Boosts Workload Security with NVIDIA BlueField-3 DPUs

Cisco enhances security and efficiency with NVIDIA BlueField-3 DPUs.

GitHub Celebrates a Decade of Bug Bounty Program with Major Milestones

GitHub Celebrates a Decade of Bug Bounty Program with Major Milestones

Discover the highlights from GitHub's 10-year journey with its Security Bug Bounty Program.

Github: Understanding Unsafe Deserialization Vulnerabilities in Ruby Projects

Github: Understanding Unsafe Deserialization Vulnerabilities in Ruby Projects

Learn how unsafe deserialization vulnerabilities can allow attackers to execute commands on Ruby projects and how to detect and prevent them.

OpenAI's Cybersecurity Grant Program Highlights Pioneering Projects

OpenAI's Cybersecurity Grant Program Highlights Pioneering Projects

OpenAI's Cybersecurity Grant Program supports innovative research to enhance AI and cybersecurity defenses. Discover the groundbreaking projects making a difference.

Unveiling Scammer Tactics: 'Too Good to Be True' in The Guardian Papers

Unveiling Scammer Tactics: 'Too Good to Be True' in The Guardian Papers

The Guardian Papers explore the tactics scammers use, emphasizing the dangers of offers that seem too good to be true. Learn how to protect yourself and your community.

HKMA Issues Alert on Phishing Messages Related to Ant Bank (Hong Kong) Limited

HKMA Issues Alert on Phishing Messages Related to Ant Bank (Hong Kong) Limited

HKMA warns the public about phishing messages impersonating Ant Bank (Hong Kong) Limited, urging caution and immediate reporting of suspicious activities.

Chrome's Renderer Vulnerability Allows Remote Code Execution via Duplicate Object Properties

Chrome's Renderer Vulnerability Allows Remote Code Execution via Duplicate Object Properties

A newly discovered bug in Chrome's V8 engine, CVE-2024-3833, allows remote code execution through duplicate object properties in the renderer sandbox.

Ethereum Foundation Reports Phishing Incident Affecting Mailing List

Ethereum Foundation Reports Phishing Incident Affecting Mailing List

The Ethereum Foundation disclosed a phishing attack on its mailing list, impacting 35,794 email addresses and prompting immediate security measures.

HKMA Issues Alert on Fraudulent Website Impersonating DBS Bank (Hong Kong)

HKMA Issues Alert on Fraudulent Website Impersonating DBS Bank (Hong Kong)

The Hong Kong Monetary Authority has issued a public alert regarding a fraudulent website and internet banking login screen impersonating DBS Bank (Hong Kong) Limited.

0ktapus Phishing Campaign Targets Multi-Factor Authentication Systems

0ktapus Phishing Campaign Targets Multi-Factor Authentication Systems

The 0ktapus phishing campaign bypasses multi-factor authentication, impacting organizations globally. Learn about its methods and how to protect your business.

Chainalysis' Jackie Burns Koven Discusses Blockchain Security on Accel Spotlight Podcast

Chainalysis' Jackie Burns Koven Discusses Blockchain Security on Accel Spotlight Podcast

Chainalysis' Jackie Burns Koven joins Accel's Amit Kumar on the Accel Spotlight podcast to discuss blockchain security, AI, and the future of cryptocurrency.

NVIDIA Explores Cyber Language Models to Enhance Cybersecurity

NVIDIA Explores Cyber Language Models to Enhance Cybersecurity

NVIDIA's research into cyber language models aims to address cybersecurity challenges by training models on raw cyber logs, enhancing threat detection and defense.

Critical RCE Vulnerabilities Discovered in Kafka UI

Critical RCE Vulnerabilities Discovered in Kafka UI

Researchers identified three critical remote code execution (RCE) vulnerabilities in Kafka UI. Users are advised to upgrade to version 0.7.2 to mitigate risks.

HKMA Issues Alert on Fraudulent Websites Linked to Bank Julius Baer

HKMA Issues Alert on Fraudulent Websites Linked to Bank Julius Baer

The Hong Kong Monetary Authority (HKMA) warns the public about fraudulent websites related to Bank Julius Baer & Co. Ltd., urging caution and immediate action if affected.

Hong Kong Monetary Authority Warns Public of Phishing Messages Linked to Fubon Bank

Hong Kong Monetary Authority Warns Public of Phishing Messages Linked to Fubon Bank

The Hong Kong Monetary Authority alerts the public about phishing messages related to Fubon Bank (Hong Kong) Limited.

Microsoft's AI Red Team Adopts Hacker Mindset to Enhance Security

Microsoft's AI Red Team Adopts Hacker Mindset to Enhance Security

Microsoft's AI Red Team employs a hacker's mindset to identify and mitigate potential generative AI risks, combining cybersecurity and societal-harm assessments.

dYdX Domain Faces Repeated DNS Hijacking Incidents

dYdX Domain Faces Repeated DNS Hijacking Incidents

dYdX's domain suffered multiple DNS hijacking attacks due to vulnerabilities in Squarespace's OAuth and account recovery protocols, highlighting broader security concerns.

HKMA Warns Public About Suspicious Mox Bank Websites and Login Screens

HKMA Warns Public About Suspicious Mox Bank Websites and Login Screens

The Hong Kong Monetary Authority (HKMA) alerts the public to suspicious websites and internet banking login screens related to Mox Bank Limited.

HKMA Warns Public About Fraudulent Website and Social Media Page Impersonating Public Finance Limited

HKMA Warns Public About Fraudulent Website and Social Media Page Impersonating Public Finance Limited

The Hong Kong Monetary Authority alerts the public to a fraudulent website and social media page impersonating Public Finance Limited.

HKMA Issues Warning on Phishing Threats Tied to Octopus Cards Limited

HKMA Issues Warning on Phishing Threats Tied to Octopus Cards Limited

HKMA alerts public about phishing messages and fraudulent websites linked to Octopus Cards Limited. Urges immediate action if personal information was shared.

HKMA Issues Warning on Phishing Instant Messages Related to HSBC

HKMA Issues Warning on Phishing Instant Messages Related to HSBC

The HKMA alerts the public to phishing instant messages linked to HSBC, urging caution and immediate action if personal information has been shared.

UK's Operation Cronos Successfully Takes Down LockBit Ransomware Group

UK's Operation Cronos Successfully Takes Down LockBit Ransomware Group

UK's Operation Cronos, in collaboration with international partners, successfully dismantled LockBit, the world’s most prolific ransomware ecosystem, highlighting the importance of international cooperation in cybersecurity.

Anthropic Expands AI Model Safety Bug Bounty Program

Anthropic Expands AI Model Safety Bug Bounty Program

Anthropic broadens its AI model safety bug bounty program to address universal jailbreak vulnerabilities, offering rewards up to $15,000.

Copilot Autofix Enhances Secure Coding by Tripling Remediation Speed

Copilot Autofix Enhances Secure Coding by Tripling Remediation Speed

GitHub's Copilot Autofix enables developers to fix code vulnerabilities three times faster, enhancing secure coding practices.

HKMA Warns Public of Phishing Scams Impersonating Bank of China (Hong Kong)

HKMA Warns Public of Phishing Scams Impersonating Bank of China (Hong Kong)

Hong Kong Monetary Authority alerts public about phishing scams involving fake instant messages related to Bank of China (Hong Kong) Limited.

HKMA Issues Alert on Unauthorised Websites and Apps Linked to Livi Bank

HKMA Issues Alert on Unauthorised Websites and Apps Linked to Livi Bank

The Hong Kong Monetary Authority warns the public about unauthorised websites and apps associated with Livi Bank Limited.

HKMA Issues Warning on Fraudulent Websites Related to DBS Bank (Hong Kong) Limited

HKMA Issues Warning on Fraudulent Websites Related to DBS Bank (Hong Kong) Limited

The Hong Kong Monetary Authority alerts the public about fraudulent websites linked to DBS Bank (Hong Kong) Limited and provides safety guidelines.

HKMA Alerts Public to Fraudulent Social Media Page Linked to Bank of Singapore

HKMA Alerts Public to Fraudulent Social Media Page Linked to Bank of Singapore

The HKMA has issued a warning about a fraudulent social media page impersonating Bank of Singapore Limited, urging the public to be vigilant.

Leveraging AI to Enhance Cybersecurity Measures: Three Key Strategies

Leveraging AI to Enhance Cybersecurity Measures: Three Key Strategies

Discover how AI addresses cybersecurity challenges through prompt injections, data protection, and access control reinforcement, according to NVIDIA Blog.

HKMA Issues Warning on Phishing Messages Tied to WeChat Pay Hong Kong

HKMA Issues Warning on Phishing Messages Tied to WeChat Pay Hong Kong

The Hong Kong Monetary Authority alerts the public about phishing messages linked to WeChat Pay Hong Kong Limited.

AI and Data: Enhancing Zero Trust Cyber Defense Strategies

AI and Data: Enhancing Zero Trust Cyber Defense Strategies

NVIDIA's AI solutions, including Morpheus, are revolutionizing zero-trust cybersecurity by enabling real-time data analysis and anomaly detection.

HKMA Alerts Public of Fraudulent Website and Social Media Page Impersonating Dah Sing Bank

HKMA Alerts Public of Fraudulent Website and Social Media Page Impersonating Dah Sing Bank

The Hong Kong Monetary Authority alerts the public about fraudulent websites and social media pages impersonating Dah Sing Bank. Public urged to remain vigilant.

HKMA Issues Alert on Fraudulent Website Linked to Bank of China (Hong Kong)

HKMA Issues Alert on Fraudulent Website Linked to Bank of China (Hong Kong)

The Hong Kong Monetary Authority alerts the public about a fraudulent website linked to Bank of China (Hong Kong) Limited.

AI-Driven "Audio-Jacking": IBM Uncovers New Cybersecurity Threat

AI-Driven "Audio-Jacking": IBM Uncovers New Cybersecurity Threat

IBM Security researchers have identified a new cybersecurity threat called "audio-jacking," where AI can manipulate live conversations with deepfake voices, raising concerns about financial fraud and misinformation.

Kaspersky’s Expert Take on KYC and AML: Stock vs Crypto Exchanges

Kaspersky’s Expert Take on KYC and AML: Stock vs Crypto Exchanges

In Part 2 of our interview, Yeo Siang Tiong, General Manager for Southeast Asia, Kaspersky shared how Kaspersky provides cybersecurity solutions for stock and crypto exchanges to address KYC and AML concerns. He also walked us through the Kaspersky Application Security Assessment and explained its significance in safeguarding assets in crypto exchanges.

Philippines Spearheads ASEAN AI Regulatory Framework

Philippines Spearheads ASEAN AI Regulatory Framework

Philippines' Congress Speaker Martin Romualdez plans to introduce an AI regulatory framework to ASEAN during its chairmanship in 2026, focusing on digitization, cybersecurity, and managing generative AI in economic policies.

Multinational Firm Loses $25.6 Million to Deepfake-Driven Fraud

Multinational Firm Loses $25.6 Million to Deepfake-Driven Fraud

A Hong Kong finance employee was deceived into transferring $25.6 million using deepfake technology, highlighting the growing cybersecurity threat of such scams.

Algorand (ALGO) Foundation CEO's Social Media Hacked

Algorand (ALGO) Foundation CEO's Social Media Hacked

The Algorand Foundation CEO's social media account was hacked, raising significant cybersecurity concerns in the blockchain and cryptocurrency sectors.

BIS Conference Addresses Cybersecurity in Central Bank Digital Currencies (CBDC)

BIS Conference Addresses Cybersecurity in Central Bank Digital Currencies (CBDC)

Agustín Carstens, General Manager of the Bank for International Settlements, highlighted the importance of cybersecurity for central bank digital currencies (CBDCs) during a conference in Basel, Switzerland, emphasizing the need for secure, user-friendly, and adaptable systems.

Twitter Hires Former Hacker Peiter 'Mudge' Zatko as Head of Security

Twitter Hires Former Hacker Peiter 'Mudge' Zatko as Head of Security

Following the high-profile security breach witnessed in July this year, Twitter has hired former hacker Peiter 'Mudge' Zatko as its new head of security.

SEC Faces Congressional Investigation Call Over Bitcoin ETF False Approval News Breach

SEC Faces Congressional Investigation Call Over Bitcoin ETF False Approval News Breach

The SEC's social media account was compromised, leading to false Bitcoin ETF approval news. This incident has prompted calls for congressional investigation into the SEC for potential market manipulation and cybersecurity lapses.

Naoris Protocol Secures $11.5 m Funding, Enhancing Web3 Networks Security

Naoris Protocol Secures $11.5 m Funding, Enhancing Web3 Networks Security

Cybersecurity protocol Naoris raised the funding with $11.5 million, which it mentions will enable it to revamp network security for the Web3 world.

DeFi Execs Argue KYC as Solution to Combat Money Laundering in the Industry

DeFi Execs Argue KYC as Solution to Combat Money Laundering in the Industry

DeFi executives at the WOW Summit in Hong Kong endorse KYC as a solution to tackle AML issues and combat hackers laundering stolen funds into clean money. However, there are concerns that KYC alone will not solve all AML problems and that different mechanisms should be used for different solutions.

Senator Warren Focuses on Crypto Scam Risks for Seniors, Advocates New Legislation

Senator Warren Focuses on Crypto Scam Risks for Seniors, Advocates New Legislation

Senator Warren emphasized the Digital Asset Anti-Money Laundering Act, gaining bipartisan support to regulate crypto activities and protect vulnerable populations from financial fraud.

Binance Contributes to Recovery and Return of $10,000 of Stolen Crypto To a Targeted Investor

Binance Contributes to Recovery and Return of $10,000 of Stolen Crypto To a Targeted Investor

Binance affiliate crypto security expert Harry Denley helped a victim recover $10, 000 worth of lost cryptocurrency recently.

How Kaspersky Protects Investors During Token Sales in 7 Ways

How Kaspersky Protects Investors During Token Sales in 7 Ways

In the exclusinve interview with Blockchain.News, Yeo Siang Tiong, General Manager for Southeast Asia at Kaspersky shares the latest trend on cybersecurity threats in crypto fundraising and how Kaspersky's solutions can protect investors in 7 ways.

Fireblocks Introduces 'Off Exchange' to Address Exchange Counterparty Risk, Integrates with Deribit

Fireblocks Introduces 'Off Exchange' to Address Exchange Counterparty Risk, Integrates with Deribit

Fireblocks introduces 'Off Exchange', reducing exchange counterparty risk for institutional traders, allowing them to trade directly from on-chain MPC shared wallets, marking a significant advancement in digital asset trading.

Ransomware Group Demands $4M in Bitcoin from Argentina, Border Activity Halted for 4 Hours

Ransomware Group Demands $4M in Bitcoin from Argentina, Border Activity Halted for 4 Hours

A Bitcoin ransomware attack was directed towards Argentina’s immigration agency, halting border crossing temporarily.

Thunder Terminal's Rapid Response to $240,000 Hack: Security Measures and Hacker's Ransom Demand

Thunder Terminal's Rapid Response to $240,000 Hack: Security Measures and Hacker's Ransom Demand

Thunder Terminal exploited 114 wallets, causing $240,000 in damages. Users were promised refunds and additional credits, but the hacker disputed these claims and demanded a ransom.

US Treasury Sanctions Two Men Accused of Laundering Crypto for North Korean Cyber Crime Syndicate

US Treasury Sanctions Two Men Accused of Laundering Crypto for North Korean Cyber Crime Syndicate

The US Treasury Department Office of Foreign Asset Control has sanctioned two men believed to involved in laundering stolen cryptocurrency from a 2018 cyberattack against a cryptocurrency exchange.

Unraveling ChatGPT Jailbreaks: A Deep Dive into Tactics and Their Far-Reaching Impacts

Unraveling ChatGPT Jailbreaks: A Deep Dive into Tactics and Their Far-Reaching Impacts

Exploring the intricacies of ChatGPT jailbreak strategies, this paper delves into the emerging vulnerabilities and the advanced methodologies developed to evaluate their effectiveness.

Is China Hacking Australia? Cryptojacking Cyberattacks Hit Hard Down Under

Is China Hacking Australia? Cryptojacking Cyberattacks Hit Hard Down Under

The Australian Cyber Security Center has published a report highlighting vulnerabilities that are being exploited by hackers using cryptojacking malware.

ZenGo's NFT Hack Detector

ZenGo's NFT Hack Detector

The display compares OpenSea NFT trading amounts to floor pricing.

Browser Extensions Used by Scammers to Steal Bitcoin

Browser Extensions Used by Scammers to Steal Bitcoin

The CEO of Casa takes his time to demonstrate how browser extensions can be used to launch a cyberattack to steal Bitcoin. He emphasized on cyber consciousness and cybersecurity.

SEC Chair Gary Gensler Addresses X Account Hack and Security Measures

SEC Chair Gary Gensler Addresses X Account Hack and Security Measures

The SEC's X account was compromised on January 9, 2024, causing market fluctuations and highlighting cybersecurity concerns. The SEC is working with law enforcement to investigate.

Zcash Bug Could Leak Full Nodes with Shielded IP Addresses

Zcash Bug Could Leak Full Nodes with Shielded IP Addresses

Duke Leto, a core developer at Komodo (KMD), recently published a blog on his personal website revealing that, “A bug has existed for all shielded address since the inception of Zcash and Zcash Protocol.” Leto explained, “That is, Alice giving Bob a zaddr to be paid, could actually allow Bob to discover Alice’s IP address. This is drastically against the design of Zcash Protocol.”

The Rise of the Anon: Protecting Innovation

The Rise of the Anon: Protecting Innovation

Anonymity is increasingly offering protection to innovators as well as their ideas.

Coinbase's Custodial Role in New Bitcoin Spot ETFs Marks a Crypto Milestone

Coinbase's Custodial Role in New Bitcoin Spot ETFs Marks a Crypto Milestone

Coinbase's role in the newly approved Bitcoin spot ETFs by the SEC marks a crucial advancement in cryptocurrency's integration into mainstream finance, bringing regulatory clarity and institutional investment opportunities.

Web3 Security 2023 State Revealed, Nearly $2 Billion Lost

Web3 Security 2023 State Revealed, Nearly $2 Billion Lost

CertiK's "Hack3d: The Web3 Security Report 2023" provides a thorough analysis of Web3 security incidents in 2023, highlighting key vulnerabilities and trends in the blockchain and smart contract security landscape.

South Korea Tightens Regulations on Crypto Mixers Amid Money Laundering Concerns

South Korea Tightens Regulations on Crypto Mixers Amid Money Laundering Concerns

South Korea's Financial Intelligence Unit (FIU) is set to introduce new regulations targeting digital asset mixers, mirroring similar moves by the US. These measures aim to curb the use of crypto mixers for illegal money laundering.

UK's NCA Announces Disruption of World's Most Harmful Cyber Crime Group, LockBit

UK's NCA Announces Disruption of World's Most Harmful Cyber Crime Group, LockBit

UK's NCA launched "Operation Cronos" against LockBit, a global cyber crime syndicate, resulting in significant disruptions and the seizure of servers, cryptocurrency accounts, and decryption keys.

NIST's Call for Public Input on AI Safety in Response to Biden's Executive Order

NIST's Call for Public Input on AI Safety in Response to Biden's Executive Order

NIST is seeking public input to create AI safety guidelines following President Biden's Executive Order, aiming to ensure a secure AI environment, mitigate risks, and foster innovation.

Binance, CoinMarketCap, BitPay, Coinbase, Paxful Among Android Apps Earmarked by Latest EventBot Malware

Binance, CoinMarketCap, BitPay, Coinbase, Paxful Among Android Apps Earmarked by Latest EventBot Malware

Cybereason, a US-based cybersecurity company, has detected an Android malware dubbed EventBot that has been targeting money transfer and banking apps. Coinbase, Bitpay, CoinMarketCap, Binance, Mycelium Wallet, Bitcoin.com, Paxful, and CoinGecko are among a list of Android cryptocurrency wallets and applications whose security might be compromised as they are in the vicinity of this malware.

North Korea's Cyber Onslaught on Cryptocurrency: A $3 Billion Digital Heist

North Korea's Cyber Onslaught on Cryptocurrency: A $3 Billion Digital Heist

North Korea has escalated cyber attacks on cryptocurrency since 2017, stealing over $3 billion and stealing $1.7 billion in 2022, posing a serious threat to the country's economy and military budget.

Coin Cloud Customer Data and Source Code Allegedly Stolen

Coin Cloud Customer Data and Source Code Allegedly Stolen

Coin Cloud, a cryptocurrency ATM provider, has suffered a data breach involving 70,000 customer selfies and 300,000 PII stolen, highlighting the need for improved security measures in the cryptocurrency sector.

Centralization Caused Most DeFi Hacks of 2021, $1.3B Loss to Users in 2021

Centralization Caused Most DeFi Hacks of 2021, $1.3B Loss to Users in 2021

Certik says the centralization of operational models cited is one of the major faults amongst protocols that suffered mishaps, causing at least $1.3 billion loss to users last year.

Exploitation in the NFT World is Real But Are They Preventable?

Exploitation in the NFT World is Real But Are They Preventable?

Blockchain.News recently spoke to three industry leaders to explore NFT-linked security weaknesses and solutions. Experts suggest investors should always do their own due diligence before injecting funds into any project, no matter the hype.

Bitfinex CTO: Keeping Crypto Safe with State-of-the-Art Cyber Security

Bitfinex CTO: Keeping Crypto Safe with State-of-the-Art Cyber Security

Paolo Ardoino, the CTO of Bitfinex and Tether tells us why safety and security should always be a top priority for crypto exchanges.

Japan supports OpenAI amid concerns

Japan supports OpenAI amid concerns

Japan expressed interest in incorporating OpenAI’s technology into government systems, provided privacy and cybersecurity concerns are addressed. OpenAI CEO, Sam Altman, visited Japan and met with government officials to discuss the potential of the technology and how to maximize its benefits while minimizing risks. Meanwhile, OpenAI is being investigated by Canada’s privacy commissioner for allegedly collecting and utilizing personal information without consent.

Stay Alert to Crypto Wallets Protection from Quantum Computer Attack

Stay Alert to Crypto Wallets Protection from Quantum Computer Attack

Nowadays, the application of digital signature to access financial accounts could be risky to be attacked by quantum computer hacking, especially for the crypto wallets, experts remind the public to stay alert.

DOJ Extradites Bitcoin Thief From Cyprus Along With Hezbollah Terrorist

DOJ Extradites Bitcoin Thief From Cyprus Along With Hezbollah Terrorist

The US Department of Justice has extradited two criminals from Cyprus—one with known connections to terrorism and the other on suspicion of stealing thousands in Bitcoin.

US Files Lawsuit to Recover Cryptocurrency Accounts Linked to North Korean Hacking Operation

US Files Lawsuit to Recover Cryptocurrency Accounts Linked to North Korean Hacking Operation

The US Department of Justice has filed a suit against North Korean state-sponsored cyber hackers for allegedly perpetrating two major cryptocurrency heists.

Hong Kong Suffers Surge in Crypto Scams in 2022

Hong Kong Suffers Surge in Crypto Scams in 2022

Hong Kong police reported a surge in crypto-related scams in 2022, with losses amounting to HK$1.7 billion ($216.6 million), up 106% from the previous year. The number of crypto-related scam cases reported in Hong Kong also surged by 67% from 2021. Such scams accounted for over 50% of the HK$3.2 billion ($407 million) stolen from city residents in technology crimes. The Hong Kong police CyberDefender website reported almost 23,000 cases of technology-related crimes in 2022. The use of cryptocurrency has made it more complicated for enforcement to track criminal funds, as fraudsters can hide their identities, transactions, and final destination.

Doppel Secures $14M in Series A Funding Led by Andreessen Horowitz

Doppel Secures $14M in Series A Funding Led by Andreessen Horowitz

Doppel, a San Francisco-based AI digital risk protection company, secures $14M in Series A funding led by Andreessen Horowitz, aiming to enhance AI-powered brand security against digital threats like impersonation and phishing.

400 Crypto.com Accounts Hacked, CEO Confirms Reimbursement for all Victims

400 Crypto.com Accounts Hacked, CEO Confirms Reimbursement for all Victims

According to a Bloomberg interview, Kris Marszalek, CEO of Crypto wallet provider and trading platform Crypto.com, said he would be more than willing to share information about Tuesday's hack if the regulator has any relevant inquiries.

Unidentified Exploit Steals Over $10.5 Million in NFTs and Coins

Unidentified Exploit Steals Over $10.5 Million in NFTs and Coins

An unidentified exploit has drained over $10.5 million in NFTs and coins from experienced crypto community members since December 2022. The exploit targets keys created from 2014 to 2022 and those who are "crypto native," with multiple addresses and work within the space. Crypto veterans are advised to use a hardware wallet or migrate their funds to safeguard their digital assets.

US Authorities Uncover Chinese-linked Bitcoin Mining Operations

US Authorities Uncover Chinese-linked Bitcoin Mining Operations

US authorities have identified a significant number of Chinese-linked Bitcoin mining operations across the United States, sparking national security concerns. Published by The New York Times on October 13, the report highlights the close proximity of some of these operations to critical military and infrastructure sites. Amidst escalating US-China political tensions, the surge in Chinese Bitcoin mining operations in the US, coupled with their substantial energy consumption, poses critical questions regarding cybersecurity, energy sustainability, and geopolitical dynamics.

Origin DeFi Protocol Loses $7 Million to Hacker in Security Breach

Origin DeFi Protocol Loses $7 Million to Hacker in Security Breach

Origin Protocol is the latest DeFi platform to lose $7 million due to hacking. The company has said that it is working to restore the stolen funds.

SEC Cybersecurity Breach: Investigating the Fallout and Future Measures

SEC Cybersecurity Breach: Investigating the Fallout and Future Measures

The SEC's recent cybersecurity breach, involving an unauthorized post on its X (formerly Twitter) account about a Bitcoin ETF, underscores the need for robust cybersecurity measures. The SEC is actively investigating the incident, highlighting the broader implications for security practices in social media and government agencies.

How Jailbreak Attacks Compromise ChatGPT and AI Models' Security

How Jailbreak Attacks Compromise ChatGPT and AI Models' Security

Recent studies reveal the vulnerabilities of large language models like GPT-4 to jailbreak attacks. Innovative defense strategies, such as self-reminders, are being developed to mitigate these risks, underscoring the need for enhanced AI security and ethical considerations.

Singapore Authorities Issue Warning Against Rising Cryptocurrency Malware Threats

Singapore Authorities Issue Warning Against Rising Cryptocurrency Malware Threats

Singapore's Police Force and Cyber Security Agency have jointly issued an advisory warning about the increased risk of cryptocurrency drainers, urging users to adopt stringent security measures.

EU’s Move to Bypass Encryption on Platforms like WhatsApp Sparks Indignation

EU’s Move to Bypass Encryption on Platforms like WhatsApp Sparks Indignation

European Union lawmakers have created a draft proposal that aims to circumvent end-to-end encryption, in a move to increase cybersecurity.

Suspicious Transactions Linked to Mixin Network Hack Involve Huobi and Binance

Suspicious Transactions Linked to Mixin Network Hack Involve Huobi and Binance

Cyvers Alerts has discovered suspicious transactions linked to the recent Mixin Network hack. Two hacker addresses received 51 ETH from an account that had interactions with Huobi Global and Binance. The watchdog has called on these exchanges to help identify the suspicious account as part of ongoing investigations.

Cybersecurity Firm Halborn Warns of Zero-Day Vulnerabilities in Over 280 Blockchain Networks

Cybersecurity Firm Halborn Warns of Zero-Day Vulnerabilities in Over 280 Blockchain Networks

Cybersecurity firm Halborn has warned of a vulnerability called "Rab13s" that could put over 280 blockchain networks at risk of zero-day exploits, potentially exposing at least $25 billion worth of crypto. The most critical vulnerability could allow an attacker to send malicious consensus messages to individual nodes, causing each to shut down and potentially enabling a 51% attack on the network. While Dogecoin, Zcash, and Litecoin have already implemented patches for the discovered vulnerabilities, hundreds of other networks remain at risk.

OneKey Addresses Vulnerability That Allowed Hardware Wallet to be Hacked

OneKey Addresses Vulnerability That Allowed Hardware Wallet to be Hacked

White hat hackers identified weaknesses in crypto wallet OneKey's software earlier this year that allowed them to hack a hardware wallet in one second, however OneKey corrected the problem and no one was affected.

Binance Faces GitHub Data Leak

Binance Faces GitHub Data Leak

Binance has reported a significant data breach, revealing internal code, passwords, and security protocols on GitHub. Despite initial security concerns, the company is taking legal action against the responsible individual.

Europol Empowers Victims with Tools to Fend Off Ransomware Attacks

Europol Empowers Victims with Tools to Fend Off Ransomware Attacks

Europol, European Union’s law enforcement agency, has put together an anti-ransomware initiative that has managed to intercept $630 million dollars and more in ransomware demands, since 2016.

Edward Snowden Criticizes SEC Following Twitter Hack and False Bitcoin ETF Announcement

Edward Snowden Criticizes SEC Following Twitter Hack and False Bitcoin ETF Announcement

Whistleblower Edward Snowden has openly criticized SEC Chair Gary Gensler following a misleading Bitcoin ETF approval post on the SEC's Twitter account. Snowden's comments highlight growing concerns about the SEC's credibility and regulatory approach in the crypto industry.

How LLM Is Reshaping Agent-Based Modeling and Simulation

How LLM Is Reshaping Agent-Based Modeling and Simulation

LLMs are reshaping agent-based modeling, enhancing simulations in social, economic, and cyber domains with advanced AI integration.

Exclusive: Deloitte Blockchain Lab on the Three Areas of Collaborations with HKMA

Exclusive: Deloitte Blockchain Lab on the Three Areas of Collaborations with HKMA

We were delighted to interview Dr. Paul Sin, leader of the Deloitte Asia Pacific Blockchain Lab, who shared with us its development goals and the collaborations with HKMA across the Greater Bay Area and Europe.

Cryptocurrency Phishing Attacks Surge in 2022

Cryptocurrency Phishing Attacks Surge in 2022

Kaspersky reports a 40% YoY increase in cryptocurrency phishing attacks in 2022. These attacks involve fake websites and communication channels that mimic official companies to trick users into sharing private information such as private keys. Kaspersky warns that scammers continue to evolve their techniques and stories to lure in unsuspecting crypto investors.

MetaMask Users Email Addresses Exposed in Cybersecurity Incident

MetaMask Users Email Addresses Exposed in Cybersecurity Incident

MetaMask, the popular Ethereum wallet, experienced a cybersecurity incident that exposed the email addresses of some of its users who submitted a customer support ticket between August 1, 2021 and February 10, 2023. The breach may have affected up to 7,000 users and some of the customer support tickets included a free text field where users may have submitted personally identifying information. The company has taken steps to eliminate unauthorized access in the future and is working with a cybersecurity and forensics team to investigate the incident.

Bitfinex Tackles Phishing Incident: No Customer Funds Affected

Bitfinex Tackles Phishing Incident: No Customer Funds Affected

Bitfinex has resolved a phishing incident causing partial customer information exposure, confirming no loss of funds or sensitive data compromise, and ensuring ongoing security measures.

US Officials Warn of AI's Role in Cyber Crimes

US Officials Warn of AI's Role in Cyber Crimes

U.S. authorities are actively addressing the challenges posed by AI in cybersecurity and the legal system, balancing innovation with the need for safety, security, and ethical considerations.

OpenAI Launches Bug Bounty Program

OpenAI Launches Bug Bounty Program

OpenAI has launched a bug bounty program to address privacy and cybersecurity issues, inviting security researchers and ethical hackers to identify and address vulnerabilities in its systems. The program offers cash rewards ranging from $200 to $20,000 for qualifying vulnerability information.

AI Transforming Cybersecurity Landscape: Key Challenges and Solutions

AI Transforming Cybersecurity Landscape: Key Challenges and Solutions

AI is transforming the cybersecurity landscape in 2024 with advanced threat detection, zero-trust architecture, and generative AI, while facing challenges like adversarial AI and regulatory complexities.

Bitcoin Ransoms Doubled in 2019, New Report Warns Investors

Bitcoin Ransoms Doubled in 2019, New Report Warns Investors

Crypsis Group, a crypto forensics firm, noted in a recently released security report that crypto-ransoms, such as those involving Bitcoin, rose almost 200 percent for last year, compared to 2018.

Hong Kong Government Alerts Public to AI-Generated Scams Featuring Deepfake of Chief Executive

Hong Kong Government Alerts Public to AI-Generated Scams Featuring Deepfake of Chief Executive

The Hong Kong government warns against AI-generated scams, including a deepfake video of Chief Executive John Lee, urging public vigilance and caution.

SEC: X Account Compromised Through Phone Number Control in SIM Swap Hack

SEC: X Account Compromised Through Phone Number Control in SIM Swap Hack

The recent unauthorized access to the U.S. Securities and Exchange Commission's (SEC) X account, which led to a fake Bitcoin ETF announcement, has raised significant concerns about cybersecurity in financial regulatory bodies.T

North Korean Crypto Thefts in 2023: A $700 Million Cyber Menace

North Korean Crypto Thefts in 2023: A $700 Million Cyber Menace

North Korean groups were linked to 33% of 2023's crypto thefts, stealing up to $700M. Their methods evolved, involving crypto mixers and converting assets to Tether or Tron, highlighting the ongoing cyber threat from DPRK.

BAYC says Discord Server was "Compromised"

BAYC says Discord Server was "Compromised"

Bored Ape Yacht Club (BAYC) announced through Twitter that its Discord server was hacked.

Dozens of AI-Powered Chatbot Tokens Found to Be Part of honeypot schemes

Dozens of AI-Powered Chatbot Tokens Found to Be Part of honeypot schemes

Blockchain security company PeckShield has warned about "dozens" of BingChatGPT pump-and-dump tokens.

Exclusive: Blockchain Beats AI and Big Data for the Highest Average Annual Salary in the UK

Exclusive: Blockchain Beats AI and Big Data for the Highest Average Annual Salary in the UK

The report titled “The Disruption of Disruptive Tech” by Capital on Tap highlighted the state of disruptive tech adoption in early 2020. The U.S. had the most businesses in various disruptive technologies, with 71% dominance in cloud consulting and 53% in cybersecurity.

Ripple (XRP) CTO responds to phishing scam concerns following Cory Doctorow's $8000 loss

Ripple (XRP) CTO responds to phishing scam concerns following Cory Doctorow's $8000 loss

Ripple's CTO David Schwartz emphasizes his cybersecurity savvy, responding to phishing scam concerns after Cory Doctorow's $8000 loss. Ripple educates on scam identification and prevention, amidst increasing social media-based crypto frauds.

Indodax Hacked: $22 Million Stolen in Major Security Breach

Indodax Hacked: $22 Million Stolen in Major Security Breach

Indodax, Indonesia's largest crypto exchange, was hacked for $22 million, leading to service shutdowns and raising concerns about security in the crypto industry.

PwC Felix Kan: The Ethical Hacker for Modern Cyberattacks

PwC Felix Kan: The Ethical Hacker for Modern Cyberattacks

Felix Kan is a Partner in PwC’s Risk Assurance Cybersecurity Privacy practice with 10 years of extensive experience. Kan began his career as an ethical hacker and has committed his career to helping Hong Kong companies enhance their protections against increasingly sophisticated cyberattacks.

McAfee Comes Clean on His Statement of Bitcoin, in Wake of His 'Dickening'

McAfee Comes Clean on His Statement of Bitcoin, in Wake of His 'Dickening'

In recent news, John McAfee appeared to have retracted his previous statement regarding Bitcoin, now claiming he never believed that Bitcoin would hit $1 million dollar in pricing.

Bitfinex Successfully Prevents $15 Billion XRP Exploit Attempt

Bitfinex Successfully Prevents $15 Billion XRP Exploit Attempt

Bitfinex successfully prevented a complex exploit attempt targeting $15 billion worth of XRP, highlighting the continuous need for advanced security measures in cryptocurrency exchanges. The exchange's correct system configurations played a pivotal role in averting potential theft, emphasizing the importance of robust cybersecurity practices in the digital currency domain.

Ethereum Gathers Cybersecurity Team Dedicated to ETH 2.0 Final Testnet Launch

Ethereum Gathers Cybersecurity Team Dedicated to ETH 2.0 Final Testnet Launch

With the launch of Ethereum 2.0 testnet set to be released today on August 4 at 1 pm UTC, the Ethereum Foundation has been looking to build a security team that will be responsible for maintaining ETH 2.0.

Verizon Cybersecurity CPO, Alex Schlager on Why 5G Networks Require a Whole New Approach to Enterprise Online Data Security

Verizon Cybersecurity CPO, Alex Schlager on Why 5G Networks Require a Whole New Approach to Enterprise Online Data Security

Alex Schlager, CPO of Security Services for Verizon Business believes 5G networks require a completely new way of thinking about security.

TOR Network Vulnerability May Have Facilitated Dark Web Bitcoin Theft

TOR Network Vulnerability May Have Facilitated Dark Web Bitcoin Theft

According to a cybersecurity researcher, Bitcoin thieves and hackers have controlled more exit relays on the Tor network this year than in the past five, raising serious cybersecurity concerns that experts are looking to fix.

Emsisoft Releases Solution for BTC Demanding Ransomware WannaCryFake

Emsisoft Releases Solution for BTC Demanding Ransomware WannaCryFake

Emsisoft, the cybersecurity firm, has released a new free fix for WannaCryFake—the malicious bitcoin (BTC) demanding ransomware.

LocalBitcoins warns Tor Browser Users of Potential Bitcoin Theft

LocalBitcoins warns Tor Browser Users of Potential Bitcoin Theft

LocalBitcoins, a Finnish crypto exchange, recently warned its users about the potential cybersecurity risks connected to the anonymous browser—Tor Browser.

Ledger and Tezor Dismiss Rumor That Hackers Have Stolen Data from Popular Crypto Wallet Providers

Ledger and Tezor Dismiss Rumor That Hackers Have Stolen Data from Popular Crypto Wallet Providers

Cybersecurity company “Under The Breach” has reported that a hacker is allegedly attempting to sell customer data that stems from firms like Ledger, Trezor, Keepkey, and even Bnktothefuture.

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