Chainalysis alerts rise in crypto hacks and ransom in 2024
Cryptocurrency hackers have been returning to their roots to targeting centralized exchanges amid a spike in the Bitcoin price in 2024. Go to Source
Cybersecurity
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Coinbase to expand use of Vaults for secure crypto custody — Executive
Coinbase currently holds approximately $270 million in customer assets. Go to Source
WazirX to reverse trades after $235M crypto hack
WazirX, one of the largest crypto exchanges in India, lost $235 million to a multisig wallet security breach in July 2024. Go to Source
XBOW automated AI hacker matches 20-year veteran pentester in 28 minutes
An AI-powered penetration tester solved 88 out of 104 benchmark tests in 28 minutes. It took the best pentester 40 hours. Go to Source
Pan-African Tech Firm Cassava Technologies Launches AI Unit
Africa-focused technology and data services firm Cassava Technologies has created a separate business unit to oversee its artificial intelligence (AI) operations. The AI unit will offer data center, cloud, cybersecurity, fiber connectivity, and renewable energy services. Helping Clients Adopt Generative AI Pan-African technology firm Cassava Technologies is creating a separate business unit to focus on … Read more
French regulator accepting CASP applications ahead of MiCA rollout
The AMF is giving firms registered under its current DASP rules ample time to transition, too. Go to Source
India’s Web3 alliance tightens cybersecurity after Wazirx attack
The BWA’s initiatives highlight an increasing awareness of the importance of cybersecurity in preserving trust and integrity in digital finance. Go to Source
Over 70% of hacked funds are lost to CeFi entities: Cyvers
Real-time threat detection and AI integrations could further bolster Web3 security, according to the CEO of Cyvers. Go to Source
dYdX v3 website recovers after DNS attack, users warned to delete cache
The exchange warned users to clear their browser’s cache before visiting the website to avoid accidentally caching the compromised version. Go to Source
Europol anticipates rise in AI-driven cybercrime: IOCTA 2024
Europol’s 2024 report highlights AI tools enabling non-technical individuals to conduct sophisticated cybercrimes. Go to Source
