Cybersecurity
The cybersecurity market could exceed $151 billion by between 2020 and 2023. Blockchain technology and cryptocurrencies are essential tools in this ecosystem. It's important to keep up with the news and understand the ins and outs of this industry. Stay informed here.
Sat 18 Sep 2021 ▪ 17h23 ▪
3 min read ▪
by
James Taylor
Ripple holders have filed a class-action lawsuit against Apple Inc, claiming that the company enabled a hacker attack that has caused heavy losses for many users. This happened after they downloaded an Apple application called “Toast Plus”. Scammers operating in the open spaces of the App Store According to…
Fri 10 Sep 2021 ▪ 10h29 ▪
2 min read ▪
by
Katie Donaldson
Mastercard has entered into an agreement to buy CipherTrace for an undisclosed amount in order to boost cybersecurity and also to better comply with crypto regulatory guidelines. The purchase will enable Mastercard to track over 900 cryptocurrencies. Another step toward wider adoption More and more major payment services companies are…
Sun 05 Sep 2021 ▪ 11h51 ▪
2 min read ▪
by
Mary Anderson
The police of Delta, a city in Canada, warns the citizens to think twice before buying Bitcoin (BTC) and other digital assets after receiving several complaints of scams in recent weeks. The victims’ losses ranged between $5,000 (~£3,614) and $100,000 (~£72,270). The police report says that a number of common…
Fri 03 Sep 2021 ▪ 7h41 ▪
2 min read ▪
by
Mary Anderson
Yesterday, Whitefield police detained two people accused of drug trafficking. Officers of the Central Crime Branch seized synthetic drugs worth about 20 million rupees (~£200,000) from the arrested, who are both residents of Jharkhand. According to The Hindu, the detainees were hired by the dealers who sold drugs through…
Thu 02 Sep 2021 ▪ 20h05 ▪
3 min read ▪
by
Mary Anderson
Today, when people entrust all their passwords to corporations like Google or Apple and keep their money on bank accounts protected by those passwords, security has become of utmost value. Therefore, it’s the privacy provided by cryptocurrency exchanges that is appreciated the most. But cryptocurrency scammers can easily take advantage…
Thu 02 Sep 2021 ▪ 9h20 ▪
3 min read ▪
by
Mary Anderson
Yesterday, the US Securities and Exchange Commission (SEC) sued the founder of the BitConnect exchange. Even though the cryptocurrency platform no longer exists, its creator was accused of fraudulently gaining $2 billion (~£1.5 billion). May case continued As reported by Livemint.com, yesterday’s lawsuit was a direct continuation…
Tue 31 Aug 2021 ▪ 18h34 ▪
3 min read ▪
by
Katie Donaldson
Crypto market OpenSea has become the latest victim of hackers which reportedly use OpenSea’s Discord server to scam market’s customers. Crypto market is still very young — it’s not surprising that there are crypto attacks happening almost every single day. Social engineering has been a weapon in scammers’ hands…
Mon 30 Aug 2021 ▪ 16h38 ▪
2 min read ▪
by
Mary Anderson
The Securities and Futures Commission (SFC) of Hong Kong has announced a new initiative to combat crypto fraud. It is aimed at informing the public about cryptocurrency, collective investment schemes (CIS), and digital tokens. The SFC explained that all CIS offerings in Hong Kong are to be permitted…
Sat 28 Aug 2021 ▪ 14h44 ▪
3 min read ▪
by
Hugh Renolds
A critical flaw was detected in the 1.10.7 (and earlier) version of Geth, the Ethereum client also known as Go Ethereum. The bug warning wasn’t an incentive enough to update According to CoinGape, the exploit endangered over 50% of Ethereum nodes running the old version of the…
Fri 27 Aug 2021 ▪ 16h00 ▪
3 min read ▪
by
Mary Anderson
David Janczewski, CEO and co-founder of Coincover, a crypto insurance platform, has shared his opinion about the recent hack of the decentralised financial protocol PolyNetwork, which excited minds of thousands of crypto enthusiasts. What happened? During the hack of the PolyNetwork DeFi protocol, the platform lost $613 million…
