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“We’re Tikking a big risk — TikTok imperils US business” As someone who covered the TikTok saga during the waning days of the Trump presidency, I must confess I did have some degree of skepticism with the belief by the former president and his people that a short-video app popular with teenagers was actually a…
“TikTok tells ad buyers it may move out of China” TikTok has been quietly telling advertisers it is exploring a possible move out of China and may even consider a spinoff from its Chinese-owned parent company ByteDance, The Post has learned. TikTok is signaling to ad buyers it could make the move out of Beijing…
” Infamous North Korean hacker group identified as suspect for $100M Harmony attack “ The Lazarus Group, a well-known North Korean hacking syndicate, has been identified as the primary suspect in the recent attack that saw $100 million stolen from the Harmony protocol. According to a new report published today by blockchain analysis firm Elliptic,…
” Harmony hacker sends stolen funds to Tornado Cash mixer “ The funds from Harmony’s Horizon Bridge have begun to move into the Tornado Cash Ethererum mixer, signaling that the attacker has no intention of accepting the $1 million bounty offered. The decision to obfuscate the ill-gotten gains answers questions about whether the Harmony team’s…
” Harmony offers $1M bounty, but is it big enough? “ The Harmony layer-1 blockchain project team has offered a bounty equal to just 1% of the $100 million in crypto stolen from the Horizon Bridge hack last week. Harmony tweeted on June 26 that the team had committed $1 million for the return of…
” Atlantic Council looks at how to maintain central bank digital currency cybersecurity “ The U.S. thinktank Atlantic Council released a report Wednesday on cybersecurity issues related to central bank digital currencies (CBDC). The authors provide a generalized discussion of CBDC security, but with a clear focus on the United States and issues specific to…
” OpenSea announces new security features to protect users from NFT scams “ One of the most popular crypto startups, OpenSea, has recently come under fire for stolen and plagiarized nonfungible tokens (NFTs). In light of the growing number of NFT scams, OpenSea has announced the launch of a new feature that will automatically hide…
“FDNY seeks firewall to stop doxxing of workers’ personal data” The FDNY is seeking to build a digital firewall to protect the Big Apple’s thousands of rescue workers from cyberattacks, including “doxxing,” The Post has learned. The department recently put out a call in the City Record for consultant services “for the development and implementation…
” Chainalysis exec touts blockchain analysis to Senate homeland security committee “ The collection and processing of information was a major theme at the United States Senate Committee on Homeland Security and Governmental Affairs (HSGAC) hearing titled, “Rising Threats: Ransomware Attacks and Ransom Payments Enabled by Cryptocurrency” on Tuesday. The committee hosted a panel of…
” Cybersecurity firm supports Bitcoin ‘mission,’ converts balance sheet to BTC “ Another business jumps aboard the Bitcoin bandwagon. Octagon Networks, a global cybersecurity network company with over 20 employees announced on June 6 that it had “finished the process of converting its liquid assets and entire balance sheet into Bitcoin (BTC).” The group will…