Security

Is Web Mining Still A Thing?

Last Wednesday, French police shut down a massive botnet that managed to install malware on over 850,000 computers. This network was partially used to distribute ransomware and carry out data theft. However, it was also used for cryptojacking, allowing the attackers to mine Monero on their victims’ computers. The three-year-long operation earned the attackers millions...
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Sharding Is A Major Security Risk, Warns Solana CEO

Sharding is widely hailed as a solution to blockchain scalability. But projects that implement sharding technology may be introducing new security risks into their blockchains, according to the CEO of Solana, which could make them vulnerable to consensus attacks. Speaking to Crypto Briefing, Anatoly Yakovenko said that the risks associated with sharding far outweigh any...
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How To Keep Your Crypto (Somewhat) Safe

There’s good news, you’re not paranoid. They really are out to get you.  Earlier this month, leading cryptocurrency intelligence firm CipherTrace published its quarterly report, and it makes for pretty grim reading. This year alone, a staggering $4.26 billion worth of cryptocurrencies have been hacked, stolen, or otherwise misappropriated by thieves and fraudsters. As these...
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Snowden Talks Up Monero And Zcash, But Is Privacy Still Possible?

Edward Snowden is always the main event, no matter where he talks. It’s no surprise that the NSA whistleblower was the main event at the Web3 Berlin Summit, held in the former radio broadcasting center of the German Democratic Republic. Speaking for an hour via video-link from Moscow, Snowden appeared vaguely Orwellian on two large...
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Crypto Exchange Rokkex Incorporates Ledger Vault to Improve Security

Ledger will provide its asset management system to Estonian cybersecurity-focused crypto exchange Rokkex. French hardware wallet producer Ledger will provide its asset management system to Estonia-based crypto exchange Rokkex. Cybersecurity-focused exchange Built by Lithuanian cybersecurity and fintech professionals, Rokkex will integrate its trading platform with Ledger’s enterprise wallet management solution Ledger Vault to secure its...
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Analyst Claims Almost 3,500 Successful Hacks on Non-Crypto Companies in 2019

Popular digital currency industry analysis Twitter account @Rhythmtrader states that almost 3,500 non-crypto companies have had their security breached so far this year. Well over a billion user accounts have been impacted by hackers.Although difficult to verify (RhythmTrader rarely cites where the figures quoted are from), some of the biggest examples have impacted hundreds of...
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Post Mortem: A closer look at a password storage issue affecting 3,420 customers

We recently began emailing 3,420 Coinbase customers to let them know that a bug on our signup page resulted in some registration details being stored in clear text in our internal web server logs. While we are confident that we’ve fixed the root cause and that the logged information was not improperly accessed, misused, or...
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