Coinbase tightens workforce security after North Korea remote-worker threats

Coinbase tightens workforce security after North Korea remote-worker threats

Coinbase is reinforcing security after North Korean hackers exploited its remote work policy, with CEO Brian Armstrong outlining stricter hiring measures. Coinbase, the world’s third-largest cryptocurrency exchange by volume, has come under a wave of threats from North Korean hackers seeking remote employment with the company. North Korean IT workers are increasingly targeting Coinbase’s remote…

Read More
EminiFX founder to pay 8M in Ponzi scheme ruling

EminiFX founder to pay $228M in Ponzi scheme ruling

A US judge ruled EminiFX and its founder, Eddy Alexandre, must repay $228 million after running a Ponzi scheme that defrauded thousands of investors. A federal judge in New York ordered Eddy Alexandre, founder of the collapsed crypto platform EminiFX, to pay more than $228 million in restitution after ruling the company was a Ponzi…

Read More
Crypto investor falls victim to phishing scam, loses M with single click

Crypto investor falls victim to phishing scam, loses $3M with single click

Crypto scammers are switching from code to exploiting human vulnerabilities that don’t require breaking through complex cybersecurity guardrails. A cryptocurrency investor lost $3 million in a phishing scam after signing a malicious blockchain transaction without verifying the contract address, highlighting the risk posed by digital asset scams. A single wrong click was all it took…

Read More
Google says its AI-based bug hunter found 20 security vulnerabilities

Google says its AI-based bug hunter found 20 security vulnerabilities

Google’s AI-powered bug hunter has just reported its first batch of security vulnerabilities.  Heather Adkins, Google’s vice president of security, announced Monday that its LLM-based vulnerability researcher Big Sleep found and reported 20 flaws in various popular open source software. Adkins said that Big Sleep, which is developed by the company’s AI department DeepMind as…

Read More
Arcadia Finance users reimbursed by DeFi hack insurance

Arcadia Finance users reimbursed by DeFi hack insurance

Nexus Mutual has paid about $250,000 in claims to users hit by July’s $3.5 million Arcadia Finance hack on Base. Crypto-native insurance service Nexus Mutual reimbursed its customers who had lost money in the recent Arcadia Finance hack. According to a Monday announcement shared with Cointelegraph, Nexus Mutual reimbursed approximately $250,000 to users who lost…

Read More