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While most mainstream attention has gone to quantum computing as a danger to Bitcoin’s existence, Duke Professor Harvey Campbell highlights that a 51% attack is a far more concerning event. Campbell estimates that a one-week attack could be completed for $6 billion, nearly 0.26% of bitcoin’s market capitalization. Duke Investigator: Quantum Risks Overestimated, 51% Attack … Read more
Digital asset wealth platform Nexo has launched a risk-based Anti-Scam Engine that flags suspicious transfers in real time and, in high-risk cases, can briefly pause transactions to protect clients. Nexo Upgrades Fraud Defense With Intelligence-Backed Screening In a release shared with Bitcoin.com News, Nexo disclosed that its system is default-on and uses contextual analysis tied … Read more
Trezor has introduced maximal extractable value (MEV) protection in Trezor Suite, aiming to reduce manipulative transaction practices for users across several supported networks. Trezor Partners With Merkle.io to Shield Suite Transactions From MEV Bots Trezor, the hardware wallet brand under Satoshilabs, said the feature is now integrated directly into its desktop app, routing transactions through … Read more
Swiss digital-asset bank Sygnum has integrated crypto exchange Bybit into its Sygnum Protect off-exchange custody platform, making Sygnum the first bank to offer off-exchange custody for Bybit and enabling spot and derivatives trading with assets held off-balance sheet in regulated, bank-grade custody. The integration lets Bybit institutional clients trade using collateral—crypto and stablecoins—held at Sygnum, … Read more
There was a sharp rise in phishing scams involving cryptocurrency during August, with losses exceeding $12 million as hackers began to leverage Ethereum EIP-7702-based exploits. Scam Sniffer reported that over 15,000 victims were affected by these phishing scams, an increase of 67% compared to July’s figures. Crypto Phishing Scams Surge: Ethereum-Focused Exploits on the Rise … Read more
A wave of fraudulent support calls is targeting crypto traders, exploiting API permissions to siphon funds and triggering urgent action across the digital asset security landscape. Binance Issues Warning on Fraudulent Calls Aimed at Crypto Theft Binance chief executive Richard Teng addressed a growing security concern on social media platform X on Aug. 26, warning … Read more
TRM Labs and the world’s largest exchanges, including Coinbase and Binance, have launched the Beacon Network, an initiative that seeks to combat onchain crypto crime and prevent the illicit movement of funds through offramps to the fiat ecosystem. TRM Labs Launches Beacon Network, Targets Crypto Crime Crypto-based crime is becoming a problem, and exchanges and … Read more
The FBI has issued a PSA regarding alleged law firms offering their services to recover cryptocurrency funds, describing suspicious behaviors that these firms might adopt to take advantage of the vulnerability of victims who have lost access to these resources. FBI Warns of Crypto Scammers Impersonating Law Firms That Help Users Recover Lost Crypto Funds … Read more
Turkish crypto exchange Btc Turk has temporarily halted cryptocurrency deposit and withdrawal services after detecting suspicious activity in its hot wallets. User Assets Remain Secure Leading Turkish cryptocurrency exchange Btc Turk has announced a temporary suspension of crypto deposit and withdrawal services after detecting unusual activity in its hot wallets during routine security checks. The … Read more
An AI-generated crypto malware disguised as a routine package drained wallets in seconds, exploiting open-source ecosystems and sparking urgent concerns across the blockchain and developer communities. Inside the Crypto Wallet Drainer: How One Script Moved Funds in Seconds Crypto investors were put on alert after cybersecurity firm Safety revealed on July 31 that a malicious … Read more