News
DeFi is one of crypto's biggest growth stories, but it's also riddled with the most controversy. The sector lost $1.3 billion due to exploits in 2021.
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Cybersecurity News
Cybersecurity is a term that sums up a number of activities, procedures and technologies that are used to maintain the protection of computer systems, private data that is stored in digital form, along with hardware and software. There are a lot of various measures that fit in cybersecurity’s definition. Cybersecurity measures include firewalls, cryptography, intrusion detection systems, special design with additional protection and other ways of security control. Cybersecurity companies provide services for both business and domestic use in different forms and approaches. Cybersecurity became an international field of study relatively recently. Cybersecurity certificates are earned by specialists who were taught in universities and various training courses to show proof of their qualifications. The recent outburst of cryptocurrencies and blockchain technologies gave a large boost to the development of cybersecurity.
- News
Art gallery owner Todd Kramer had his valuable NFT collection stolen from his hot wallet yesterday, so OpenSea froze the stolen assets worth about $2.2 million.
24058 - Analysis
A virtual trap to lure attackers so that you can improve security policies is what honeypot aims for!
27677 - News
As cryptocurrency markets and DeFi become more lucrative, blockchain companies have recognized a growing need for security.
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“We’ve long recognized Israel as a hot bed of strong technology and cryptography talent, and are excited to continue to grow our team with some of the best and brightest minds in these fields,” said Coinbase.
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DeFi has become a popular attack vector for cybercriminals. After a highly ambitious launch, THORChain suffered two major exploits in July.
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The new bill, if passed, will allow cyberwarfare operatives to take over control of critical infrastructure under attack.
5117 - Follow up
In a bid to catch up with cybercriminals, the Justice Department is pooling all crypto expertise in one place.
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“Following the flow of ransomware payments on the blockchain is instrumental for law enforcement to understand and dismantle ransomware operations,” said Chainalysis CEO Michael Gronager.
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Lossless also plans to ship a security tool that will reportedly aid DeFi projects in preventing hacks and exploits on their platforms.
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Malicious actors reportedly took advantage of Coinbase’s SMS account recovery process to gain access to user funds.
34347 - Newsletter
Many in the crypto space are calling for the U.S. to assert its foundational principles by implementing crypto policies in opposition to China.
2760 - News
Demand for institutional-grade blockchain solutions is on the rise as banks and traditional financial institutions look to invest in cryptocurrencies.
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"This contract opens the door to bigger, more critical uses of blockchain for data protection in a global digital infrastructure, bringing forth the true promises of the core technology," said Benjamin Diggles.
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Despite the finance service industry being bullish on blockchain and crypto, respondents still outlined cybersecurity as the greatest hurdle to mainstream adoption.
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