Category: Cybersecurity

US lawmakers discuss crypto’s role in sanctions, national security and humanitarian aid

US lawmakers discuss crypto’s role in sanctions, national security and humanitarian aid

Industry experts and lawmakers who spoke at a hearing of the United States Senate Committee on Banking, Housing, and Urban Affairs clashed on how the country should handle digital assets used for illicit purposes. Speaking remotely in a Thursday hearing on “Understanding the Role of Digital Assets in Illicit Finance,” Michael Chobanian, the founder of […]

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NCFTA onboards crypto exchange Binance to fight against cybercrime

NCFTA onboards crypto exchange Binance to fight against cybercrime

By partnering with Binance, the NCFTA aims to tackle international cybersecurity investigations by co-sharing threat intelligence. 1726 Total views 29 Total shares The National Cyber-Forensics and Training Alliance (NCFTA), an American non-profit, onboarded its first crypto firm, Binance, to aid their ongoing battle against cybercrimes.  Founded in 2002, the NCFTA partners with law enforcement and […]

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Hackers exploit MFA flaw to steal from 6,000 Coinbase customers — Report

Hackers exploit MFA flaw to steal from 6,000 Coinbase customers — Report

Malicious actors reportedly took advantage of Coinbase’s SMS account recovery process to gain access to user funds. 20886 Total views 62 Total shares Cryptocurrency exchange Coinbase has reportedly suffered another security breach after attackers were able to bypass the company’s multi-factor authentication, or MFA, feature in a coordinated campaign earlier this year.  The attackers stole […]

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81% of finance execs say blockchain has gone mainstream: Survey

81% of finance execs say blockchain has gone mainstream: Survey

Despite the finance service industry being bullish on blockchain and crypto, respondents still outlined cybersecurity as the greatest hurdle to mainstream adoption. 503 Total views 3 Total shares Blockchain, the underlying technology of cryptocurrencies like Bitcoin (BTC), has already gained mainstream popularity, according to global finance executives polled by Big Four auditing firm Deloitte. According […]

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