Cybersecurity

Police officials from the Comox Valley, Canda, have reported several cases of cryptocurrency scams. The frauds have resulted in more than $1 million (~£750,000) in losses. “Do your own research” According to an official statement from Royal Canadian Mountain Police (RCMP), two of these cases include victims agreeing to invest…

More and more enterprises are adopting cloud storage options since they are often the best way to manage storage costs over time. In essence, for a fee, or sometimes even free of charge, clouds offer you additional computing power. And the best thing is, your equipment doesn’t have to match these capacities, meaning…

Crypto.com has become the first digital asset trading platform to comply with SOC 2 standards, internationally recognised in the field of traditional finance. This was made possible thanks to the SOC 2 (Service Organization Control) audit by the global consulting firm Deloitte. SOC 2 (Service Organization Control) is a…

Vitaly Bodnar, the founder of one of the oldest trading platforms on the cryptocurrency market, BTC-Alpha, shared with the crypto community some information about the attack on the platform that happened on 1st November. Bodnar’s allegations According to PRLeap, on 1st November, unknown criminals attempted to hack…

One of the greatest advantages of blockchain and cryptocurrencies is that each transaction users make is a unique exchange between two parties. This allows for privacy of financial history and protection from the threat of account or identity theft. However, there are always exceptions to all rules. Criminals kidnap a…

In the modern world, fraudsters will go to any lengths to get what they want, and sadly enough, technologies are far from immune to their insidious workings. Therefore, it shouldn’t come as a surprise that the moment cryptocurrencies began to gain popularity in the media, countless online criminals instantly set…

The Federal Bureau of Investigation (FBI), the United States’ domestic intelligence and security department, has released its findings on fraudulent schemes associated with Bitcoin ATMs and QR codes. Scammers on the rise According to an FBI public service announcement, there has recently been a significant increase in fraudsters encouraging…

CoinMarketCap (CMC), the premier price-tracking website for cryptocurrencies, has recently been hacked. More than 3 million emails linked to the platform were being traded on hacking forums, according to Have I Been Pwned, a website for tracking hacks and compromised online accounts. More on the data leak The company published…