Security News

One of the most common questions pertain to the security of cryptocurrencies and if they are more secure than ordinary money. Cryptocurrency security is often promised to be pretty strong, but news about cryptocurrency security indicate quite the opposite. Thefts are executed in a lot of different ways. All the largest thefts happened after cryptocurrency exchanges are hacked, including famous cases like Mt. Gox, with $350 million of Bitcoin stolen, and the Coincheck hack, with $400 million of NEM tokens stolen. Cryptocurrency security is also vulnerable within its own blockchain, the best example of which happened with The Dao event that led to the theft of $50 million ETH. Thefts can also happen in more traditional ways, such as getting access to a user’s private wallet key, physically forcing user to send funds to some account or using different fraud schemes that make users lose their money.

News
Coinbase CEO says analytics platform is important to comply with AML rules and that only privacy coins can offer true privacy.
Coinbase CEO Defends Licensing of Analytics Platform to Gov’t Agencies
Emilia David
2020-07-12T20:07:00+01:00
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Digital Shadows warned that over 15 billion credentials are exposed on the dark web for sale and some of them are even available for free.
Your Passwords Could Be For Sale on the Dark Web Right Now
Felipe Erazo
2020-07-10T21:30:00+01:00
4557
News
Chris Larsen funded a massive surveillance camera network across San Francisco’s streets as an “alternative” urban security system.
One of Ripple’s Co-Founders Is Spending a Fortune Installing Cameras in San Francisco
Felipe Erazo
2020-07-10T17:27:00+01:00
4896
Unitize
The founder of blockchain security company Quantstamp, Richard Ma, said security is the biggest challenge for DeFi’s growth.
Security Is the Biggest Challenge for DeFi’s Continued Growth, Says Exec
Mohammad Musharraf
2020-07-09T11:15:00+01:00
2465
News
Cointelegraph speaks with NGRAVE’s CEO following its successful crowdfunding campaign.
NGRAVE Raises Over $430K From Hardware Wallet Crowdfunding Campaign
Jack Martin
2020-07-08T22:00:00+01:00
1490
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Ledger’s hardware wallet was briefly vulnerable to two kinds of attacks, but the company took preventive action.
Kraken Discovers Potential Attacks Against Ledger Wallets, User Funds Unaffected
Helen Partz
2020-07-08T15:03:00+01:00
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Andreas Antonopoulos says Bitcoin will probably never have privacy features like those in Monero.
Bitcoin Will Never Be Truly Private Says Andreas Antonopoulos
Turner Wright
2020-07-08T04:28:00+01:00
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SEC Commissioner Hester Peirce wants to see new crypto projects get a fair shake at U.S. capital markets.
SEC’s Cryptomom Peirce Believes US Capital Markets Can ‘Transform People’s Lives’
Kollen Post
2020-07-07T19:45:00+01:00
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