Cryptocurrency exchange Cashaa says it has lost 336 bitcoin (worth around $3.1 million) to hackers. The London-based platform has now ceased all crypto-related transactions, including withdrawals and deposits, as investigations into the breach get underway. In a tweet on July 11, Cashaa claimed that the hacker attacked one of its Blockchain.com wallets, which is used […]
The post Crypto Exchange Cashaa Loses 336 Bitcoin Worth $3 Million to Hackers appeared first on Bitcoin News.
Powered by WPeMatico
]]>
“In the cybersecurity industry, there’s always a new shiny ‘tech toy’ or novel approach around the corner, so it’s important to not be myopic that blockchain for cybersecurity will be akin to finding the cure for the common cold. As promising as blockchain may be, the industry is far from universal adoption,” warns Peter Tran, Vice President and Head of Global Cyber Defense & Security Strategy at Worldpay. As cybersecurity experts around the globe prepare for next week’s all-important RSA Conference, where discussion topics will include the latest threats and developments in the security industry, Tran remains skeptical about blockchain
Powered by WPeMatico
]]>
We’ve all read the headlines. ICO funding thefts have hardly been low profile. It’s curious, though, that what was labeled by so many as simply a vehicle for criminal misdoings should itself be the target of criminal activity. But as cryptocurrencies grow in value, it’s becoming clear that they’re not going away anytime soon. So, how can cryptocurrencies and their users ward off cybercriminals? Hacking attacks are somewhat confusing to the public at large. On the one hand, people are used to hearing about the security of Bitcoin. About how it can’t be counterfeited like regular cash, making it much safer.
Powered by WPeMatico
]]>