Generative Data Intelligence

Tag: hackers

Insecurity and Untrustworthiness: Is there Help for Users?

Impact of insecurity and untrustworthiness in crypto transaction Economic historians believe that fiat currencies are called fiat currencies because they are a creation of governments through a “fiat,” administered by central banks or the federal reserve. The fact that cryptocurrencies are not backed by the government , like their fiat currency counterpart, makes people skeptical […]

Privacy.com rebrands to Lithic, raises $43M for virtual payment cards

When Privacy.com was founded in 2014, the company’s focus was to let anyone generate virtual and disposable payment card numbers for free. The goal...

Binance Smart Chain’s Pancake Bunny drained of $200M after flash loan exploit

A Chainalysis report a few months ago had claimed that emerging trends are only likely to "make DeFi more attractive to criminals." In light of the latest incident to make waves in the crypto-space, i

The post Binance Smart Chain's Pancake Bunny drained of $200M after flash loan exploit appeared first on AMBCrypto.

New Challenges For Crypto Asset Trading Platforms

The cryptocurrency market has experienced incredible growth in the past year and a half. As a result of the current bull run, cryptocurrency exchanges are beginning to face numerous challenges. To accommodate retail investors, crypto trading platforms have added options to buy bitcoin with credit card making the asset more accessible than ever. But with […]

The post New Challenges For Crypto Asset Trading Platforms appeared first on CryptoCoin.News.

This Is What Happens When Cyber Criminals Use Bitcoin: The DarkSide Saga

A point of contention non-coiners have regarding Bitcoin is its alleged use by cybercriminals. People use the leading cryptocurrency for nefarious purposes, that’s a fact. However, so is every other form of money known to man. There’s a difference, though: The blockchain. It registers every Bitcoin transaction, forever. A point that the DarkSide saga illustrates […]

Colonial Pipeline Hackers Netted Over $90M In BTC Ransomware

The Colonial Pipeline hackers dubbed as the DarkSide, netted more than $90 million in BTC in their latest Ransomware attack from different ransom payments as we can see more in our latest BTC scam news today. The hacking group behind the latest ransomware attack of the Colonial Pipeline made around $90 million in BTC in […]

How blockchain is providing the foundation for the next generation in cybersecurity

This year has seen the rise in many innovative ways to utilize cryptographic technology.

The post How blockchain is providing the foundation for the next generation in cybersecurity appeared first on CryptoSlate.

Scammers Never Sleep: Nearly $8 Million Stolen in DeFi Attack

In the latest rounds of attack on DeFi (Decentralized Finance), FinNexus Options Protocol and DeFi platform lost close to $8 million. DeFi experts say the attack was either executed via stolen admin keys or a rug pull. In the attack, FinNexus lost more than 383 million FNX tokens pushing the price of the token to plummet by at least 90%.

Ericom Wins Four Global InfoSec Awards at the 2021 RSA Conference

We are focused on keeping our customers safe from the elevated levels of cyberattacks the market is experiencing with simple,...

Permissioned vs. Permissionless Blockchains Explained

Bitcoin, the world’s oldest and largest decentralized cryptocurrency by market cap, utilizes the very first implementation of blockchain…

Colonial Pipeline Hackers DarkSide Nabbed Over $90M in Bitcoin

The hacking group behind this month’s ransomware attack reportedly took in more than $90 million across dozens of ransom payments.

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