Security – Page 40

Poly Network offers to on board ‘Mr. White Hat’ as chief security advisor

“Poly Network has no intention of holding Mr. White Hat legally responsible,” said the team.

The perfect storm: DeFi hacks will advance the crypto sector moving forward

There is a silver lining from the DeFi hacks as new tech develops to protect the sector: “DeFi will be much safer in 12 months from now.”

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Tiger Global backs $24M funding round for blockchain security firm CertiK

The security company has now raised $61 million in two months and over $70 million since inception. Coatue Management, Shunwei Capital and Coinbase Ventures are among CertiK’s early backers.

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Poly Network hacker appears ready to return stolen funds

The Poly Network hacker said they will return the stolen cryptocurrency funds, and have asked for a secured multisig wallet.

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State Street-backed Securrency partners with GK8 for custody and institutional blockchain infrastructure

“Banks and other financial institutions are waking up to the fact that blockchain is more than crypto, and that any financial instruments can be tokenized,” says Lior Lamesh, CEO and co-founder of GK8.

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Binance Smart Chain Creates a $10 Million Bug Bounty Fund to Tighten Protocol Security

The Binance Smart Chain has launched a $10 million bug bounty fund for projects building on top of the protocol, called “Priority One.” The initiative aims to keep the blockchain network secure by encouraging bug bounty hunters and ethical hackers. Binance Smart Chain Reveals $10 Million Bug Bounty Fund ‘Priority One’ Security experts and bug […]

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Bitcoin security still a concern for some institutional investors

Security of cryptocurrency custodial services is still among significant hurdles preventing institutional investors from buying crypto for the first time, new data suggests.

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Blockchain security firm CertiK raises $37M to combat DeFi and crypto risks

The Series B funding round was co-led by Coatue Management and Shunwei Capital, with participation from Coinbase Ventures.

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Former CFTC chair explains why regulators should approve a Bitcoin ETF

“A Bitcoin ETF would be a way for retail investors to invest in cryptocurrency without having to actually purchase it and deal with the complexities of custody,” said Timothy Massad.

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Korean Banks Elevate Cybersecurity to Deal With Crypto-Related Risks

South Korean banks are taking steps to bring cybersecurity to a new level as they try to keep up with fintechs and address new threats arising from their interaction with the crypto space. A number of institutions are adopting unprecedented measures including the integration of blockchain technologies, Korean media reported. South Korean Banks Boost Cybersecurity […]

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