Security

A report from Group-IB shows 14 cyberattacks on cryptocurrency exchanges resulted in a loss of $882 million between January 2017 and September 2018. Five attacks have been linked to North Korean hackers from the Lazarus state-sponsored group on four...

  A new report from cybersecurity firm CipherTrace says cryptocurrency thefts have reached nearly $1 billion so far in 2018. $927 million has been stolen by the end of September 2018, the company says, an increase of 250% over...

At the same time the New York State Attorney General issued a 42-page report with concerns about cryptocurrency exchange security and investor protection, Japanese cryptocurrency exchange Zaif was hacked for $59.7 million earlier this week. The loss was...

New York State Attorney General Barbara Underwood’s office today released findings from a report looking into the “integrity” of cryptocurrency exchanges that are accessible to New York residents. In April 2018, the Virtual Markets Integrity Initiative was launched...

Singapore-based ECoinmerce and several other industry leaders are forming a Crypto Community Watch group designed to self-police the industry, provide an anonymous tip line and reward whistleblowers who identify industry scams. The program was created by a consortium...

In the UK, Her Majesty's Courts and Tribunals Service (HMCTS) is exploring distributed ledger technology to secure preserve evidence within the British judicial system. Balaji Anbil, Head of the Digital Architecture and Cyber Security team at HMCT writes in...

  There’s no better authority to verify that bitcoin users are now speculators and not drug dealers according to the Drug Enforcement Administration (DEA). In fact, Special Agent Lilita Infante at the US DEA told Bloomberg criminal activity behind...

  In 2017, the number of compromised accounts on cryptocurrency exchanges increased by 369% in comparison with 2016 and that number jumped to 689% in January 2018. New research by cybersecurity firm Group-IB shows the US (34.3%), Russia (10.5%), and China (5.0%) were the...

  Banks and business would love to see blockchain solve their challenges of cross-border payments. At this early stage, it’s unclear whether blockchain can meet the three biggest problems of scalability, speed, and transparency, not to mention security. Payments...

  Thefts from cryptocurrency exchanges tripled in the first six months of 2018 compared with all of 2017 according to a new report from cybersecurity firm CipherTrace. The report shows that more than $761 million was stolen from digital...