AT&T should’ve stored their data on the blockchain, exec argues
Chirp founder Tim Kravchunovsky argued that with the technology available today, the AT&T breach is “inexcusable.” Go to Source
Cybersecurity
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US military partner Constellation opens Hypergraph network to app developers
The “Layer 0” network was created in collaboration with the United States Department of Defense and is now open for commercial Web3 applications. Go to Source
Report Uncovers North Korean Hackers’ Crypto Job Board Infiltration
North Korean hackers are infiltrating crypto job boards, posing as fake applicants to steal sensitive data, hack systems, and gather assets, according to a DL News investigation. More than 4,000 North Koreans have been directed to penetrate the tech industry, including crypto, by concealing their identities. This scheme reportedly generates up to $600 million annually … Read more
Crypto exploits near $1.4B this year as hackers target CeFi — report
According to data from cybersecurity firm Cyvers, stolen funds on centralized exchanges increased 900% year over year in the second quarter. Go to Source
Cybersecurity Breach at Evolve Bank
Evolve Bank & Trust has recently confirmed a cybersecurity incident. The cybercrime group Lockbit 3.0 reportedly released customers’ personal identification data on the dark web. The bank, known for its fintech partnerships and facilitation of customer accounts for firms with significant crypto user bases, is now under scrutiny. The incident has raised concerns about the … Read more
Kraken recovers $3 million from CertiK, ending bug bounty saga
Certik has returned the funds to Kraken exchange, putting a happy end to the bug bounty-related saga. Go to Source
Kraken-CertiK saga turns murky as part of exploited funds go ‘missing’
Kraken is planning to take legal action against security firm CertiK as the “white hat” operation by security firm turns into a legal blunder. Go to Source
BIS inaugurates Toronto Innovation Centre with Bank of Canada
Bank of Canada Governor Tiff Macklem said that as finance evolves, the industry must innovate and apply new skills, allowing Canadians to benefit from advancements. Go to Source
Crypto hacks soar to $19B in 13 years: Crystal Intelligence
Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen during the largest single crypto theft during the 2019 Plus Token fraud. Go to Source
Singapore alerts businesses to Bitcoin ransomware risk
Singapore police advised businesses against paying ransom to the bad actors in case of a compromise and asked them to report the incident to authorities immediately. Go to Source
