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Cryptocurrency Project Losses from Black Hat Hackers Increased 1.5 Times in Second Quarter of 2022
Jul 12, 2022 at 11:02
News
Cryptocurrency Project Losses from Black Hat Hackers Increased 1.5 Times in Second Quarter of 2022
Black Hat hackers are actively exploiting the cryptocurrency industry and its vulnerabilities. In the second quarter of 2022, the total loss of crypto projects due to hacks and fraud amounted to $670,698,280.
Ethereum Berlin Fork is Coming Soon; the First Testnet has Already Been Launched
Mar 12, 2021 at 12:40
News
Ethereum Berlin Fork is Coming Soon; the First Testnet has Already Been Launched
Ethereum developers have named the date of the Ether Berlin fork. The developers of Ether slated the Berlin fork to transpire on April 14, this year, at block height 12,244,000. The first Ethereum testnet was launched on March 10 this year at the block 9,812,189 at 21:45:00 UTC.
Privacy Coins as a Threat: 2 Main Reasons Why Cryptocurrency Exchanges Delist Them
Jan 11, 2021 at 14:15
News
Privacy Coins as a Threat: 2 Main Reasons Why Cryptocurrency Exchanges Delist Them
Privacy coins have been a quite controversial topic for long. While many users favour them as a way to preserve their privacy, cryptocurrency exchanges and regulators are against them. But do they really pose a threat?
Privacy Coins to Be De-Anonymized: Monero Is to Fall First
Nov 25, 2020 at 13:35
News
Privacy Coins to Be De-Anonymized: Monero Is to Fall First
Privacy coins have been the lasting concern of the governments and financial authorities. Their enhanced anonymity features allow to use the coins for illegal purposes such as tax evasion, money-laundering, terrorism financing, drug trading, cryptojacking, etc.
Binance Establishes Cybersecurity Alliance to Prevent Fraudulent Activity
Aug 28, 2020 at 11:30
News
Binance Establishes Cybersecurity Alliance to Prevent Fraudulent Activity
After the news that fraudsters use Binance to launder stolen cryptocurrency funds, the exchange decided to take action to stop such activity. They have established a strong cybersecurity alliance.
The Devil is Getting Stronger: Lucifer Malware Attacks Linux Devices
Aug 21, 2020 at 11:09
News
The Devil is Getting Stronger: Lucifer Malware Attacks Linux Devices
Updated: It seems Lucifer malware designed to mine Monero (XMR) is getting stronger. Now, it can affect not only Windows-based computers, but also Linux-based ones.
Scammers Invented a New Kind of Attack to Trick Out People's Money
Aug 11, 2020 at 12:02
News
Scammers Invented a New Kind of Attack to Trick Out People's Money
2020 has seen a significant increase in the number of scams related to cryptocurrency. To lure out people’s money, scammers constantly improve their schemes and invent new approaches to look more reliable and trustful.
Developing Countries Are Vulnerable to Cryptocurrency Scams
Aug 04, 2020 at 13:18
News
Developing Countries Are Vulnerable to Cryptocurrency Scams
The outbreak of COVID-19 pandemic triggered the growth of various kinds of fraudulent activity, including that involving cryptocurrency. Despite such activity harming people from all over the world, the citizens of developing countries seem to be more vulnerable.
Cryptocurrency Exchanges Delist Monero Due to Its Criminal Reputation
Jul 27, 2020 at 12:08
News
Cryptocurrency Exchanges Delist Monero Due to Its Criminal Reputation
Monero cryptocurrency offers its users enhanced anonymity features. However, this feature is favourable not only to ordinary traders but also to criminals taking advantage of the coin for illegal purposes. This makes some cryptocurrency exchanges avoid dealing with the coin.
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