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“# Projects weigh security risks, benefits of liquidity pool token collateral ” Multiple decentralized finance (DeFi) projects are moving forward with plans to allow liquidity provider tokens as collateral for stablecoin and lending services — though experts caution that the security considerations associated with using LP tokens in this manner can be complex. LP tokens…
“# Cybersecurity firm uses encrypted hard drive with Bitcoin to test applicants ” Researchers wishing to apply to New York-based Red Balloon Security have to complete an unusual technical interview as part of their application process: unlocking a hard drive containing crypto. According to a report from Business Insider, Red Balloon sends the hard drives…
“# Another court applies the Howey investment contract analysis to crypto ” On June 25, 2020, the United States Securities and Exchange Commission brought suit in the Northern District of California against NAC Foundation LLC, also known as the NationalAtenCoin Foundation, and Rowland Marcus Andrade, the company’s CEO, alleging that the company had violated the…
“#How to power Your Cyber Security with Cyber Threat Intelligence?” Digital technologies have transformed the world’s economic and cultural bodies by providing automation and greater connectivity to almost all the industry making it a very attractive ground for cyberattacks. Cyber Threat Intelligence is the collection of data that is analyzed using tools and techniques to understand…
“# Ledger owners report chilling threats after 20K more records leaked ” Ledger users are receiving threatening emails in the wake of the hardware wallet manufacturer reporting that 20,000 more of its customers have been affected by another massive data breach. One or more extortionists using the names Darrin Burlew and Denni Hornig have reportedly…
“#Hong Kong internet firm blocked website over security law” HONG KONG — A Hong Kong internet service provider on Thursday said it had blocked access to a pro-democracy website to comply with the city’s national security law. In a statement emailed on Thursday, Hong Kong Broadband Network said that it had disabled access to HKChronicles,…
“# Programmer has two password guesses left before losing $266M in Bitcoin ” A German-born programmer in San Francisco has now used up eight of 10 password attempts he has to unlock the hard drive containing the private keys to his Bitcoin wallet, which contains 7,002 Bitcoin (BTC). As of press time, those holdings would…
“# Survey: 25% of crypto users not securing assets as well as they think ” Cryptocurrency hardware wallet manufacturer Ngrave released the initial results of its ongoing crypto security survey on Jan. 13. The results give a number of insights into the current state of security in the digital asset space and show that a…
“#Pardon the Intrusion #34: Cyberbaddies had a field day in 2020” Subscribe to this bi-weekly newsletter here! Welcome to the latest edition of Pardon The Intrusion, TNW’s bi-weekly newsletter in which we explore the wild world of security. 2020 is finally over. The year was already surreal and tough enough, thanks to the pandemic. But…
“# Ripple CEO answers 5 key questions about the SEC lawsuit ” Ripple CEO Brad Garlinghouse has revealed the firm unsuccessfully attempted to settle its securities violation lawsuit with the SEC, and slammed the “regulatory chaos” around cryptocurrencies. I’m not going to litigate the SEC’s unproven allegations on Twitter, and as you can imagine, there…