Security

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Bad Code Has Lost $500 Million of Cryptocurrency in Under a Year

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Cryptocurrency can be lost in a variety of ways, from hacking to forgotten passwords and failed flash drives. But in dollar terms, one of the biggest causes of crypto losses is bad code, and it’s not usually the fault of the coin’s developers. Instead, third parties, including shoddy smart contract developers and shady exchanges, are … Read more

Cryptocurrency Trader Sues T-Mobile for Giving Hackers Control of His Account

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Cryptocurrency use requires great personal responsibility with regards to data security. Investors need to not only make sure they are using best security practices but must also hope that service providers that have the potential to jeopardize their holdings do so as well. In a recent federal court case, a T-Mobile client claims that the … Read more

Seele ICO Sets Up Emergency Response Team After $1.8m Fraud

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One would have hoped that by now investors in Initial Coin Offerings (ICOs) would have learned to be more careful who they trust with their money, but the spate of new scams that are reported every week shows this has yet to happen. The latest group to fall for an ICO fraud are Seele investors. Also … Read more

Intelligence: Pyongyang Trying to Steal Cryptos before Pyeongchang Olympics

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Despite some cracks on the icy surface of inter-Korean relations, caused by the Olympic spirit, tensions on the silent crypto front in Korea remain high. South Korean intelligence has informed lawmakers in Seoul that the North keeps trying to hack cryptocurrency exchanges south of the DMZ. Cryptos worth billions of won have been stolen by … Read more

6 Reasons to Implement a USB Security Management System at Enterprise

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Technology significantly improves our productivity at work, but they also pose many threats to companies. The universal serial bus or USB ports are widely used for connecting with USB devices that ensure effective computer networking. However, this equipment can seriously damage your business unless you use USB management software. Here are 6 ways how unprotected … Read more

Ledger Addresses Man in the Middle Attack That Threatens Millions of Hardware Wallets

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Hardware wallet manufacturer Ledger, which sold over one million devices last year, has alerted its users to a major attack vector that’s recently been discovered. Although there are no reported cases of the attack being successfully deployed, the threat itself is very real. Today, Ledger urged users of its cryptocurrency wallets to take steps to … Read more