NFT marketplace bug undervalues tokens, helps exploiter nab $750,000
The NFT marketplace bug was reportedly discovered on Dec. 31, which showed transferred NFTs as listed on OpenSea. Go to Source Powered by WPeMatico
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The NFT marketplace bug was reportedly discovered on Dec. 31, which showed transferred NFTs as listed on OpenSea. Go to Source Powered by WPeMatico
Bitdefender, a cybersecurity and antivirus company, has detected BHUNT, a new kind of malware that targets cryptocurrency wallets via software installs. The malware works on top of installs of unsecured or cracked software, that already comes packaged with the system to be deployed on desktop environments. Once installed, the software extracts passphrases and seeds from … Read more
Gartner, an advisory firm, has predicted that criminal cryptocurrency transactions or transfers will fall by 30% by 2024. The firm says factors such as the transparency of the blockchain, as well as the democratization of fraud prevention tools, will contribute to this decline in such transactions. Blockchain Transparency Despite the surge in the value of … Read more
Franklin Noll, an academic and monetary historian, has asserted that crypto can be both a security and a currency. Pointing to the history of U.S. money, Noll argues that being both a currency and a security is, in fact, not contradictory. The ‘Infamous’ Continental Dollar Coins Franklin Noll, a U.S.-based monetary historian, has asserted that … Read more
U.S. state securities regulators have revealed that cryptocurrency investments are their top investor threat this year. “Before you jump into the crypto craze, be mindful that cryptocurrencies and related financial products may be nothing more than public facing fronts for Ponzi schemes and other frauds,” one regulator warned. Crypto Is the Top Threat for US … Read more
DeFi is one of crypto’s biggest growth stories, but it’s also riddled with the most controversy. The sector lost $1.3 billion due to exploits in 2021. Go to Source Powered by WPeMatico
Cryptocurrency malware has been found in a torrent download of the new Marvel movie Spider-Man: No Way Home, a cybersecurity firm has warned. “This [crypto] miner adds exclusions to Windows Defender, creates persistence, and spawns a watchdog process to maintain its activity,” the firm explained. Beware When Downloading Spider-Man: No Way Home Movie From a … Read more
The Confederation of Indian Industries has proposed new regulations around the nascent crypto market. Go to Source Powered by WPeMatico
As cryptocurrency markets and DeFi become more lucrative, blockchain companies have recognized a growing need for security. Go to Source Powered by WPeMatico
Security processes are necessary to protect crypto users but regulators may force companies to adopt processes that stifle innovation. Go to Source Powered by WPeMatico