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Cybersecurity
Are Cryptocurrencies Secure? Yes and No – Here’s Why
What explains the simultaneous security and vulnerability of digital assets, and what can advisors do to help their clients who may be at risk?
DOJ to Launch National Crypto Enforcement Team: Report
U.S. Deputy Attorney General Lisa Monaco unveiled the initiative during a virtual speech at the Aspen Cyber Summit on Wednesday.
Chainalysis Acquires Cybercrime Investigations Firm Excygent
The deal marks Chainalysis’ first acquisition and follows a $100 million funding round in June.
Cream to Return Stolen Funds Using Protocol Fees
The protocol said in excess of $33.5 million in ether and AMP was taken in the hack.
DeFi Protocol Cream Finance Hacked for Second Time This Year
The attacked drained just over $25 million of AMP tokens and ether.
Most Executives Reportedly See Digital Assets as Strong Fiat Alternative in Next 5–10 Years
76% of executives around the world think digital assets will be a “strong alternative to or replacement for” fiat in the next five to 10 years, according to a new survey by Deloitte. Cybersecurity, regulation and privacy were seen as the biggest obstacles to global crypto adoption.
Key Takeaways From Elliptic’s Case Study of Ransomware Attacks
A new study of a ransomware attack by blockchain analytics firm Elliptic reveals the dialogue between the attacker and the victim, including live chat support, a negotiated discount, and a surcharge for paying in bitcoin. “The Hash” team examines the details outlined by Elliptic, sharing cybersecurity tips on how to prevent being hacked.
Crypto and Security: Tips to Prevent Hacks for Exchanges to Nations Embracing Bitcoin
Kris Constable, CEO of bitcoin wallet app CoinOS, discusses how his company is helping to combat the “perpetual problem” of crypto exchanges falling victim to hacks. Meanwhile, NextWorldLeader’s Shannon Allen shares his take on the DeFi sector becoming a prime target for hackers. “Code auditing is key,” Allen said.
How to Keep Your Crypto Safe
CoinOS CEO Kris Constable and NextWorldLeader Managing Partner Shannon Allen discuss how crypto holders can protect themselves from hackers and mitigate their cybersecurity risk. "Not your keys, not your crypto," Constable said, echoing the mantra of the digital asset space.
