Latest News and Articles about Blockchain Security
Underwater Defense Boom: Blockchain and Bitcoin Security in a Multibillion-Dollar Race
Underwater Defense Surge: Blockchain and Bitcoin Security in a Multibillion-Dollar Race A silent war brews beneath the ocean’s surface, where nations scramble to protect vital undersea infrastructure—pipelines, cables, and shipping routes—from unseen threats. With billions in government spending fueling an underwater defense boom, this high-stakes race for maritime security intersects directly with the world of […]
Read MoreCoinbase Bolsters Security with US-Centric Rules to Combat North Korean Hacker Threats
Coinbase Fortifies Crypto Exchange Security Against North Korean Hackers with US-Centric Overhaul Coinbase, a titan among cryptocurrency exchanges, is locking down its operations with unprecedented security measures to counter a relentless wave of cyber threats from North Korean hackers. CEO Brian Armstrong has pulled no punches in addressing this state-sponsored menace, revealing tactics that exploit […]
Read More2025 Crypto Hacks: Cross-Chain Bridges Fuel $3B in Losses as Security Lags
Hackers Target Cross-Chain Bridges in 2025 Crypto Hacks, Outpacing Blockchain Security Get ready for a harsh reality check, crypto fans—2025 is proving to be a bloodbath for blockchain security. A staggering $3 billion has been stolen across 119 hacks in just the first half of the year, a 50% jump over all of 2024’s losses, […]
Read MoreUS Woman Sentenced in $17M Crypto Job Scam Linked to North Korean Hackers
Crypto Job Scam: US Woman Sentenced for Aiding North Korean Hackers in Massive Fraud Scheme A shocking cyber-fraud case has sent ripples through the tech and cryptocurrency sectors as Christina Marie Chapman, a 50-year-old Arizona woman, was handed an eight-year-plus federal prison sentence for enabling North Korean operatives to infiltrate over 300 US companies. This […]
Read MoreUK-OpenAI Deal Sparks AI Revolution in Public Services: Crypto Privacy Concerns Rise
UK Teams Up with OpenAI to Overhaul Public Services: A Crypto Perspective on AI’s Promise and Perils The UK government has struck a landmark deal with OpenAI, the AI heavyweight behind ChatGPT, to supercharge public services and cement its place as a global tech leader. Announced through a partnership signed by Technology Secretary Peter Kyle […]
Read MoreMoonPay Execs Lose $250K in Scam: A Wake-Up Call for Crypto Security
MoonPay Executives Lose $250K in Crypto Scam: Lessons for Bitcoin and Blockchain Security Two senior executives at MoonPay, a heavyweight in the cryptocurrency payments space, have been swindled out of $250,300 in a jaw-droppingly basic online scam. According to a US Department of Justice (DOJ) filing, the victims—believed to be CEO Ivan Soto-Wright and CFO […]
Read MoreChina’s AI Deals with Brazil & Australia: Blockchain’s Crucial Role in Tech Power Play
China’s AI Expansion with Brazil and Australia: Tech Power Plays and Blockchain’s Hidden Role China is aggressively broadening its technological footprint, striking AI partnerships with Brazil and Australia to sidestep U.S. trade barriers and amplify its global influence. These alliances promise groundbreaking advancements in agriculture and green energy, but they also stir up critical debates […]
Read MoreAflac Cyberattack Exposes Data: Urgent Wake-Up Call for Crypto and Blockchain Security
Aflac Cyberattack Exposes Sensitive Data: A Stark Warning for Blockchain and Crypto Security Aflac, a titan in the US insurance industry, has fallen victim to a cyberattack on June 12, 2025, with hackers making off with sensitive customer data, including Social Security numbers. This breach isn’t just a corporate headache—it’s a screaming red flag for […]
Read MoreAnthropic’s Defense Shift: National Security Expert Joins Amid AI-Blockchain Tensions
Anthropic’s Defense Pivot: National Security Expert Joins Amid AI and Blockchain Arms Race Anthropic, a heavyweight in the AI arena with a stated commitment to responsible development, has made a striking move by appointing national security expert Richard Fontaine to its Long-Term Benefit Trust. This isn’t just a boardroom shuffle—it’s a deliberate signal of intent […]
Read MoreUS Seizes $7.74M in Crypto from North Korean IT Scam: Blockchain Security Exposed
US Seizes $7.74M in Crypto from North Korean IT Scam: A Blockchain Security Wake-Up Call The US Department of Justice (DOJ) has fired a shot across the bow with a civil forfeiture action targeting $7.74 million in cryptocurrency tied to a brazen North Korean IT worker scheme. Orchestrated by operatives of the Democratic People’s Republic […]
Read MoreIndia’s Drone-Based Quantum Key Distribution: A Crypto Security Game-Changer
India Pioneers Drone-Based Quantum Key Distribution for Unhackable Communications India is charging headfirst into the future of secure communications with a cutting-edge project that marries quantum technology with the agility of drones. A strategic partnership between the Centre for Development of Telematics (C-DOT), the R&D powerhouse under the Department of Telecommunications, and Synergy Quantum India […]
Read MoreWemix Foundation Hacked for $6.2M: Delayed Disclosure Sparks Outrage
Wemix Foundation’s $6.2 Million Bridge Hack: A Test of Transparency and Security In a shocking turn of events, the Wemix Foundation, the powerhouse behind the WEMIX blockchain gaming platform, was hit with a $6.2 million hack on February 28. The delay in disclosing this breach by four days not only stirred controversy but also ignited […]
Read MoreOhio Man’s Vision of Jesus Endorses Skyren DAO: High APY and Security Audits Explored
Ohio Man Claims Divine Vision of Jesus Endorsing Skyren DAO: Exploring DeFi, High APY, and Blockchain Security In a bizarre twist that could only happen in the world of cryptocurrency, John “HallelujahHodler” Smith from Ohio claims he received a divine endorsement for the DeFi project, Skyren DAO. While the divine endorsement might be hard to […]
Read MoreChainalysis Partners with Sui to Boost Blockchain Security and Compliance
Chainalysis Joins Forces with Sui Foundation to Fortify Ecosystem Security Chainalysis, a leading blockchain analytics firm, has partnered with the Sui Foundation to enhance security and compliance within the Sui ecosystem, marking a significant stride towards a more secure digital frontier. Chainalysis partners with Sui Foundation Enhances security and compliance within Sui ecosystem Chainalysis acquires […]
Read MoreWolf Capital Co-Founder Guilty of $9.4M Crypto Fraud, Industry Loses $1.49B in 2024
Crypto Firm Co-Founder Pleads Guilty to $9M Wire Fraud Scheme Travis Ford, co-founder of Wolf Capital, has pleaded guilty to wire fraud conspiracy after defrauding over 2,800 investors out of $9.4 million. His promises of daily returns of 1-2%, equating to an astronomical 547% annually, have been exposed as a mirage. This case underscores the […]
Read MoreVC-Backed Blockchain Projects: Funding Doesn’t Guarantee Security
Does VC-Backed Equal VC-Secure? Understanding Blockchain Security in the Crypto World The crypto world has been shaken by several high-profile security breaches in venture capital (VC)-backed blockchain projects. These incidents expose the dangerous myth that substantial funding guarantees impregnable security. WazirX’s $235 million loss due to a multi-signature wallet vulnerability Radiant Capital’s $57.5 million hit […]
Read MoreSolana Introduces Quantum-Resistant Winternitz Vault for Enhanced Security
Solana Launches Quantum-Resistant Winternitz Vault for Enhanced Security Solana has taken a significant step into the future of blockchain security with the launch of the Winternitz Vault on January 5, 2025. This feature aims to shield user funds from the potential threat of quantum computing, a technology that could disrupt current cryptographic systems. Quantum-Resistant Security […]
Read MoreCrypto Security Crisis: $2B Lost to Phishing and Private Key Theft in 2024
Phishing and Private Key Theft Surge in 2024: A Closer Look at Crypto’s Security Crisis In 2024, the cryptocurrency ecosystem faced unprecedented losses due to phishing attacks and private key theft, underscoring the urgent need for robust security measures. Blockchain security firm CertiK’s Hack3d report reveals a stark reality: despite the sector’s resilience and growth, […]
Read MoreChainalysis Acquires Hexagate to Boost Blockchain Security and Risk Management
Chainalysis Strengthens Blockchain Security with Hexagate Acquisition Chainalysis has taken a significant step towards improving blockchain security by acquiring Hexagate, a firm specializing in real-time threat detection on blockchain networks. This acquisition is expected to enhance Chainalysis’ risk management capabilities and address the pervasive issue of crypto theft, thereby instilling greater trust in blockchain technologies. […]
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