Kaspersky Uncovers Counterfeit Trezor Wallets That Jeopardize Crypto Assets With Pre-Knowledge of Private Key

Kaspersky Uncovers Counterfeit Trezor Wallets That Jeopardize Crypto Assets With Pre-Knowledge of Private KeyKaspersky, the multinational cybersecurity and anti-virus provider, made a startling revelation on May 10th. According to their report, a victim of a crypto hack had unwittingly purchased a counterfeit Trezor Model T from a “trusted seller through a popular classifieds website.” The researchers at Kaspersky were able to extract the custom firmware that the hackers […]

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Controversial ‘Tiktok Ban Bill’ Sparks Concerns Among Cryptocurrency and Technology Advocates

Cryptocurrency and technology proponents have recently been discussing a new bipartisan bill called the “Restricting the Emergence of Security Threats that Risk Information and Communications Technology (RESTRICT)” Act. In addition to targeting firms such as Kaspersky, Huawei, and Tiktok, opponents of the bill believe one of its provisions will punish ordinary Americans for leveraging a […]

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Fraudsters Offer Russians Bogus Chance to Invest in Fake ‘State Cryptocurrency’

Fraudsters Offer Russians to Invest in Fake ‘State Cryptocurrency’Internet users in Russia have been targeted in an email campaign advertising the launch of an alleged cryptocurrency issued by the state. Potential victims are encouraged to follow a link to the website of the fraudulent investment scheme, security experts said. Thousands of Investment Offers Entice Russians to Put Money Into Non-Existent Cryptocurrency Fraudsters have […]

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Cryptojacking Rises as Ransomware Declines, Cyber Security Researchers Find

Cryptojacking Rises as Ransomware Declines, Cyber Security Researchers FindTwo of the leading international cyber security firms, one from Russia and one from the USA, have both published their finds at the end of June showing an increase in the malware threats market share of cryptojacking at the expense of ransomware. Also Read: Police Forces Seize Over €4.5M in Crypto From Darknet LSD Market […]

The post Cryptojacking Rises as Ransomware Declines, Cyber Security Researchers Find appeared first on Bitcoin News.

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Blockchain Enabled ‘Bounty Hunters’ Set to Become the Future of Cybersecurity

bug bounty codeThe current state of the so-called ’Threat Intelligence’ industry is fundamentally broken. When looking at just cryptocurrency alone, we have seen numerous examples of successful attacks. These have ranged from the collapse of the DAO to recent scandals such as the Blackwallet hack and NiceHash digital heist, which represented losses of $400k and $63million, respectively. Disclosure: This is a Sponsored Article On top of the immediate financial losses suffered by stakeholders; the vulnerabilities which these incidents expose and the quantifiable risk they they pose to potential investors, end up affecting the market at large, as well as it’s public perception.

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