AT&T's latest massive breach shows the peril of data centralization
A 24-year-old hacker infiltrated AT&T systems — and accessed data on more than 100 million people. Decentralizing data could limit similar risks in the future.
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Ethereum co-founder Vitalik Buterin becomes billionaire as Ether hits $3K
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We need to fundamentally change how smart contracts operate
Smart contracts have reshaped the possibilities of what blockchain and crypto can achieve, and we can all acknowledge that. That doesn’t mean they’re the be-all-end-all solution to widespread adoption.Being overzealous about any kind of innovation can also contribute to its stalling, or even failure if other factors don’t align. The mentality of assuming new technology…
Crypto phishing attacks up by 40% in one year: Kaspersky
Russian cybersecurity and anti-virus provider Kaspersky detected 5,040,520 crypto phishing attacks in the year as compared to 3,596,437 in 2021. Own this piece of history Collect this article as an NFTWhen it comes to cryptocurrency-related cyberattacks, bad actors have seemingly reduced the use of traditional financial threats such as banking PC and mobile malware, and…
Report: US Congressman Announces Plans for Federal Cryptocurrency and ICO Regulation
U.S. Rep. Warren Davidson (R) has announced plans to introduce legislation that would clearly regulate cryptocurrencies and Initial Coin Offerings (ICOs), local Ohio news agency Cleveland.com reports Dec. 3.According to Cleveland.com, Davidson announced his intention to introduce new legislation at the Blockchain Solutions conference. The bill would create an “asset class” for cryptocurrencies and digital…
Euler Labs hacker returns ‘all of the recoverable funds’ — Timeline
After being robbed of $196 million in a flash loan attack, Euler Finance has convinced its hacker to return most of the funds. The outcome resulted from numerous back-and-forths over 23 days, eventually leading the hacker to do “the right thing.”On March 13, the Euler Finance hacker carried out multiple transactions, each draining millions of…
From Bitconnect to SIM-Swap Swindling: 2018’s Biggest Scams
2018 will long be remembered as the start of a significant cryptocurrency bear market, but the declining market still provided opportunities for scam artists to snag unwary investors.Given that 2017 was a breakout year for Bitcoin (BTC) and the likes, investors were clamoring to enter the fray as the price of cryptocurrencies skyrocketed toward the…
Crypto exchange Huobi returns to profitability in Q1 after restructuring
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UK Data Protection Watchdog Raises Concerns Over Facebook’s Libra
The U.K.’s Information Commissioner’s Office (ICO) has requested, along with a number of other jurisdictions, that the companies in the Libra Association provide details on how they plan to protect user data.The ICO has released a joint statement on global privacy expectations of the Libra network on Aug. 5 that is addressed to Facebook and…