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Blockchain Security

Archived coverage · Forkast crypto archive

  • Blockchain Security

    GBA among approved regions for China’s blockchain-powered data hubs

    The Chinese State Council approved on Wednesday a plan to build computing and data hubs that use blockchain technology to secure data in four regions including the Greater Bay Area (GBA). Fast facts See related article: China writes blockchain and digital currency into nation’s future The four hubs are set to join four more approved […]

    Ningwei Qin

  • Blockchain Security

    NFTs, metaverse listed as top ‘must watch’ security risks in Hong Kong

    A Hong Kong government-run internet security watchdog has listed risks associated with non-fungible tokens (NFTs) and the metaverse as a top “must watch” security threat this year, while both trends continue to thrive in the city. Fast facts The Hong Kong Computer Emergency Response Team Coordination Centre said in a statement last week that criminals […]

    Timmy Shen

  • Blockchain Security

    Solana suffers network slowdown, raising questions around proof of history

    Confusion surrounded the Solana blockchain community over the weekend as a sudden drop in transaction speeds was initially believed to be a distributed denial of service (DDoS) attack, resulting in a lengthy debate as to the cause of the delay. Fast facts Solana-based non-fungible token (NFT) platform Blockasset was one of the first to highlight […]

    Lachlan Keller

  • Blockchain Security

    Blockchain investigation firm TRM Labs raises $60M led by Tiger Global

    Blockchain intelligence firm TRM Labs has raised US$60 million in a Series B funding round led by investment firm Tiger Global, the company announced on Tuesday. Fast facts Also participating in the financing round were American Express’ Amex Ventures, Visa, B Capital Group, Citi Ventures, DRW Venture Capital, Blockchain Capital, Jump Capital, Marshall Wace, Block […]

    Monika Ghosh

  • Blockchain Security

    Taiwanese fintech startup XREX collaborates with TRM Labs to ramp up security

    XREX Inc., a Taipei-headquartered crypto-fiat exchange and trade technology platform, today announced a partnership with TRM Labs, a blockchain intelligence provider, to ramp up its platform’s security and enhance its ability to combat fraud and suspicious activities. Fast facts XREX said in a statement it has put to use the risk management tools developed by […]

    Timmy Shen

  • Blockchain Security

    Blockchain analytics firm Elliptic bags $60M from SoftBank, Wells Fargo, others

    Blockchain analytics company Elliptic has raised US$60 million in its Series C funding round led by Evolution Equity Partners and Japanese investment giant SoftBank, the company has announced. Fast facts Elliptic counts a number of marquee investors among its existing backers who participated in the current financing round, including Digital Currency Group, Wells Fargo Strategic […]

    Monika Ghosh

  • Blockchain Security

    Accenture falls prey to ransomware attack

    Accounting and consultancy giant Accenture has become the latest major victim of a ransomware attack. After Accenture initially reported that it had repelled a hacker group named Lockbit, encrypted files belonging to Accenture began to be published today, according to a report by Decrypt. Fast facts An Accenture spokesperson said in a statement: “Through our […]

    Lachlan Keller