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GeneralBeginnerImmunefi, a leading blockchain security firm, has launched the first blockchain-based arbitration system for bug bounties. This groundbreaking system aims to enhance trust and legal enforceability within the cybersecurity industry. Developed in collaboration with Greenberg Traurig, the system is…
#crypto#defi#hackers
The United Kingdom has initiated a consultation to consider implementing a ban that would prohibit operators of critical national infrastructure from paying ransomware to cyber criminals. As part of a proposal introduced on January 14, the UK Home Office suggested a “targeted ban” on ransomware…
#hackers#security
GeneralBeginnerBlockchain technology is revolutionizing industries by providing a secure and transparent way of recording transactions. Among its many applications, DMRR Blockchain stands out as a promising innovation. What is DMRR Blockchain? DMRR (Distributed Multi-Resource Rewards) Blockchain is a unique…
#crypto#decentralization#security
GeneralBeginnerThe security incidents took place shortly after a researcher identified and fixed a critical vulnerability in an audited contract of the Virtuals Protocol. On January 8, the AI platform Virtuals Protocol experienced a hack of its Discord server, with fraudulent links posing as the Virtuals…
#ai#hackers#security
GeneralBeginnerSecurity researchers have discovered and reported the presence of fake OKX browser extensions in the official Firefox Add-ons store. These malicious extensions masquerading as legitimate tools for the popular cryptocurrency exchange OKX aimed to steal user credentials and potentially compromise…
#okx#phishing-attack#security
GeneralBeginnerCertiK and PeckShield data revealed that December 2024 saw the lowest crypto losses of the year, with scams, exploits, and hacks significantly decreasing towards the end of the year. CertiK posted on Dec. 31 that losses in December amounted to $28.6 million, compared to $63.8 million in November…
#crypto#defi#hackers
GeneralBeginnerThe Malaysian Securities Commission (SC) has added Atomic Wallet, a Web3 wallet service, to a list of financial firms prohibited from operating in the country. The Supreme Court accused Atomic Wallet of “[o]perating a digital asset exchange (DAX) without registration.” Atomic Wallet was the victim…
#defi#hackers#law
BitcoinBeginnerAdam Back, the creator of Hashcash and a prominent figure in the cryptocurrency space, believes that quantum computing will ultimately fortify Bitcoin’s signature scheme. In a recent interview, Back explained that while quantum computers pose a theoretical threat to Bitcoin’s current signature…
#crypto#quantum#security
GeneralBeginnerChainalysis, a leading blockchain analysis company, has acquired Hexagate, a prominent Web3 security firm. This strategic move signifies Chainalysis’s commitment to expanding its security offerings and providing comprehensive solutions to the growing needs of the Web3 ecosystem. Hexagate, an…
#crypto#security#web3
GeneralBeginnerIn a significant move to bolster election security, Nevada has announced the integration of blockchain technology into its electoral certification process. This decision comes in the wake of the 2020 presidential election, which was marred by allegations of widespread voter fraud and the infamous…
#crypto#donald-trump#election
CardanoBeginnerThe Cardano Foundation’s official X account was recently compromised by hackers, who proceeded to post fraudulent links promoting fake token sales. The malicious posts were quickly removed, but not before causing significant damage. The incident resulted in over $500,000 in trading volume for the…
#altcoin#hackers#security
