Vitalii Antonenko is facing up to 20 years in jail for selling sensitive data after the prosecution traced his Bitcoin wallet.
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.
Digital advertising platform tribeOS launched its shares as tokenized securities on GSX Group’s GRID platform.2419
Electric Capital partner Ken Deeter proposed the Guarded Launch of a DeFi project.3659
Toronto-based cryptocurrency exchange teams up with a local security firm to offer full security against “the unthinkable”.5843
More than 1,000 enterprise computer systems have been infected with a cryptojacking malware that installs a Monero mining application.5415
Decentralized identity solutions might be blockchain’s killer app.3452
South Korean electronics corporation Samsung continues its commitment to crypto technology with its latest security chip.5649
A cryptocurrency analyst recently said that he is surprised that Bitcoin Cash did not yet fall victim to an attack, given the fall in its hashrate.9090
How secure is blockchain technology? Experts weigh in on the complex differences between public and permissioned blockchains.7226
Private blockchains that have been specifically designed for enterprise use could be highly desirable targets for hackers’ attacks.10370
With less than a week until its launch, Ngrave has unveiled more details of its EAL7-certified hardware wallet, the Zero.4041
Peer-to-peer decentralized big data sharing platform GeoDB gives users control and transparency over their generated data, and rewards them for sharing it.2749
An amended complaint accuses Nvidia of misrepresenting over $1B in sales to downplay the firm’s reliance on sales to crypto miners.13170
A database of 129 million Russian car drivers is being exposed on the darknet for just 0.3 Bitcoin or about $2,900.4370
The coronavirus pandemic forces humanity to shift to digital services, and blockchain could provide the required trust and security.5272