Security

Organized cyber-attacker group Lazarus continues to raise the crypto malware risks with new techniques

Crypto exchanges continue to be threatened by Lazarus, the organized group of cyber attackers. The group continues to evolve their crypto malware techniques, making detection harder.

Malta turns to Crypto Security Firm to help Limit Financial Crimes Risk

Malta is reportedly turning to crypto sleuthing startup CipherTrace in order to get technical help addressing the risk of financial crimes in its licensed digital asset industry. The countries top authority in finances which is the Malta Financial Services Authority…

Ripple CTO Refutes Claims of XRP Vulnerability and says Bitcoin is at a ‘Dead End’.

Fresh from making headlines after their partnership with non-profit firm, Tipping point, Ripple is heavy on the news again. This time courtesy of its CTO David Schwartz, who said that he believed Bitcoin was far more vulnerable to attacks in…

ETC transaction charges hiked; investors cry foul

Ethereum Classic Blockchain has abruptly incurred a surged transaction cost on the network and investors are worried. This has raised eyebrows among users with pundits speculating a possible double spend attack cooking. In the wake of double spend attacks that…

‘Bulletproofs’ effect: Monero transaction charges drop to near zero in a single week

Monero, the 10th biggest cryptocurrency network has witnessed a steep drop in its transaction charges thanks to a successful system upgrade that took effect last Thursday. Reports from CoinMetrics show that the execution of the network’s hard fork scheduled for…

A UK Security service giant adopts crypto custody services to secure “investors’ digital assets”

G4S, a giant security firm based in the UK has for the first time adopted crypto custody services in an effort to secure investors’ digital assets. While broadcasting the move through a press release dated October 16th, the firm indicated…

Crypto Is Not Effective for Terrorism Financing

The US foundation for defense of Democracies (FDD) center of sanctions and illicit finance shows that crypto-currencies are ill-suited for financing terrorist groups as has been earlier alleged by various regulatory bodies. While delivering the report during his speech at…

Coinbase Will Soon Have Asset Education Pages after Successful Testing

Unless you have been living under a rock you have probably heard of cryptocurrencies. Crypto has been rocking the headlines the past two years or so with investors and enthusiasts raving about various crypto tokens. A lot of consumers though…

20 Year Old Charged with Stealing $5 Million worth of Crypto

California authorities have reportedly arrested a student who is suspected of stealing 5 million dollars’ worth of Bitcoin and also a few Altcoins through a scam technique known as “Sim jacking”. Tech news site Motherboard which reported the incident also…

The CBA Involved in Shipping of 17 Tons of Almonds Using the Block Chain

An announcement has been made about a successful trade made by the Commonwealth Bank of Australia through its newly created blockchain platform. As part of a blockchain experiment, the Commonwealth Bank of Australia together with five domestic and overseas supply…