Daily Crypto News & Musings

Latest News and Articles about Cybersecurity

Binance and Gemini User Data Leaked on Dark Web: Crypto Security Alert

Sensitive User Data from Binance and Gemini Reportedly Available on Dark Web, Highlighting Cybersecurity Risks for Crypto Users Sensitive user data from major cryptocurrency exchanges Binance and Gemini has reportedly surfaced on the dark web, underscoring the persistent cybersecurity risks faced by crypto users. Binance and Gemini user data found on dark web Potential for […]

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Coinbase Institutional Boosts Crypto Security with Open-Sourced MPC Library

Coinbase Institutional Empowers Crypto Security with Open-Sourced MPC Library Coinbase Institutional has taken a significant leap forward in bolstering the security of the cryptocurrency industry by open-sourcing its Multi-Party Computation (MPC) cryptography library. This strategic move, aimed at reducing the risk of theft and unauthorized access, comes at a time when the crypto sector is […]

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Watcher Guru’s X Account Compromised: False XRP News Raises Cybersecurity Alarm

Watcher Guru’s X Account Hacked: False XRP News Sparks Cybersecurity Concerns Watcher Guru, a key player in the crypto news arena, fell victim to a hacker who used their X account to spread false news about a SWIFT and Ripple deal involving XRP. This incident, despite robust security measures, underscores the persistent challenges in social […]

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Microsoft Warns of RedLine Stealer Malware Targeting Crypto Wallets

Microsoft Raises Alarm on RedLine Stealer Malware Targeting Crypto Wallets Microsoft has issued a stark warning about a sophisticated cyber threat known as RedLine Stealer, which is specifically designed to target cryptocurrency wallets. This malware exploits vulnerabilities in outdated software, posing a significant risk to digital assets by stealing private keys and wallet credentials. As […]

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Goldman Sachs Admits Crypto Boosts Banking Competition: Blockchain, AI Key Drivers

Goldman Sachs Acknowledges Crypto’s Rising Impact on Banking Competition In its 2024 Annual Report, Goldman Sachs has openly recognized the competitive pressure from cryptocurrencies and digital assets, marking a pivotal shift in how traditional financial institutions view the burgeoning crypto landscape. Goldman Sachs notes increased competition from crypto products. Blockchain, AI, and electronic trading intensify […]

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North Korea’s 13,562 BTC: Outranking El Salvador, Raising Global Concerns

North Korea’s Bitcoin Bonanza: Surpassing El Salvador and Bhutan with 13,562 BTC North Korea has amassed a significant 13,562 BTC, making it the third-largest government holder of Bitcoin, outranking El Salvador and Bhutan. This development not only reflects the regime’s growing interest in cryptocurrencies but also raises serious concerns about the use of Bitcoin for […]

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Reading Cooperative Bank Data Breach: 24,041 Customers Impacted by Phishing Attack

Reading Cooperative Bank Data Breach Exposes 24,041 Customers to Risk Reading Cooperative Bank (RCB) recently disclosed a data breach affecting 24,041 customers, resulting from a phishing attack that exploited a single employee’s mistake. This incident, spanning from August 8, 2024, to January 31, 2025, underscores the vulnerabilities even well-established financial institutions face in the digital […]

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StaryDobry Campaign: Monero Mining Malware Targets Gamers via Popular Game Torrents

Monero Mining Malware Hidden in Popular Game Torrents: The StaryDobry Campaign Hackers have unleashed the StaryDobry campaign, embedding Monero mining malware within torrents of popular games to exploit the computing power of gamers, particularly those with powerful processors. This insidious scheme, first detected in January 2025 but active since December 2024, targets systems with 8-core […]

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22-Year-Old’s $37M Crypto Heist from Basement Leads to 20-Year Prison Sentence

From Indiana Basement to Federal Prison: 22-Year-Old Sentenced for $37 Million Crypto Heist 22-year-old Evan Frederick Light sentenced to 20 years for $37 million crypto theft. Operated from his mother’s basement, targeting retirement savings. Guilty of conspiracy to commit wire fraud and money laundering. From a quiet basement in Indiana, a young man’s audacious $37 […]

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UK Proposes Ban on Ransomware Payments to Cripple Cybercriminals

UK’s Gutsy Move Against Surging Ransomware Attacks: A Proposed Ban on Payments Imagine a hospital unable to access patient records due to a ransomware attack. This nightmare scenario cost the UK a staggering $460 million in the first half of 2024 alone. Ransomware, a type of malicious software that locks users out of their systems […]

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Chinese Hackers Breach US Treasury: Cybersecurity Wake-Up Call for Crypto

Chinese Hackers Breach US Treasury Department: A Wake-Up Call for Cybersecurity In a shocking display of digital espionage, Chinese hackers have infiltrated the US Treasury Department, compromising around 400 devices, including Treasury Secretary Janet Yellen’s computer. This breach, a stark reminder of the escalating cyber warfare between the US and China, raises critical questions about […]

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French Woman Scammed Out of $855K by AI-Faked Brad Pitt Romance

AI Romance Scam: French Woman Loses $855K in Elaborate Brad Pitt Impersonation A French woman named Anne lost $855,000 to scammers using AI to impersonate Brad Pitt and his mother over 18 months. The scammers’ use of AI-generated photos and messages led to her financial ruin, highlighting the growing threat of AI-facilitated scams. AI-powered romance […]

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Animoca Brands CEO’s X Account Hack Highlights Crypto Security Risks

Animoca Brands CEO’s X Account Hacked: A Wake-Up Call for the Crypto World Yat Siu, CEO of Animoca Brands, recently became the target of cybercriminals who hacked his X account. This incident serves as a stark reminder of the escalating digital scams plaguing the cryptocurrency sector. The hackers used his account to promote fraudulent tokens […]

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North Korean Hackers “TraderTraitor” Behind $308M DMM Crypto Exchange Heist

Unmasking the Heist: North Korean Hackers Behind DMM Crypto Exchange Theft Federal agencies have unmasked a sophisticated operation that led to a $308 million theft from Japan’s DMM exchange. The culprit? A notorious North Korean group known as “TraderTraitor,” executing the heist with alarming precision. This incident exposes significant vulnerabilities in cryptocurrency security, underlining the […]

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Hyperliquid Labs Faces North Korean Hacking Allegations Amid Market Turmoil

Hyperliquid Labs and the North Korean Allegations: Unpacking the Controversy In a climate of increasing cyber threats, Hyperliquid Labs recently became embroiled in a controversy involving alleged wallet activities linked to North Korean hackers. These claims, spotlighted by security expert Taylor Monahan, have put the on-chain perpetual futures exchange under intense scrutiny. Though the company […]

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Vivek Ramaswamy’s X Account Hacked: Fake DOGE-USUAL Partnership Exposed

Cryptocurrency Hoax: Vivek Ramaswamy’s X Account Compromised Vivek Ramaswamy’s account on X, formerly known as Twitter, was hacked, misleading the public about a fictional partnership between the Department of Government Efficiency (DOGE) and the stablecoin project USUAL. This fabricated announcement falsely claimed that the collaboration aimed to utilize cryptocurrencies to tackle the federal fiscal deficit. […]

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Crypto Platforms Lose $2.2 Billion to Hacks in 2024; North Korean Hackers Behind 61% of Thefts

Crypto Platforms Suffer $2.2 Billion in Losses Due to Hacks in 2024 Chainalysis, a prominent blockchain data analysis firm, reports that cryptocurrency platforms experienced a colossal $2.2 billion in losses from hacks in 2024. This marks a concerning 21.07% hike from the previous year, highlighting an ongoing battle with cybercrime in the cryptocurrency sector. 2024 […]

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