Blockchain Security
ICBC forced to trade with USB drive due to ransomware attack
ICBC was disconnected from its trading partners after a cyberattack.
Zoltan Vardai
Lens
Crime
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Blockchain Security
How blockchain can fortify children’s online safety
Colossal failures in online age verification have opened the floodgates for kids to access harmful content and become 'friends' with adult strangers. Can encrypted decentralized IDs put a stop to all that?
Lars Seier Christensen
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Regulation
Rampant scams highlight critical need for greater crypto literacy
The plight of the Philippines — which has a high rate of crypto adoption but is also plagued by fraud — offers a window into why the industry’s ‘do your own research’ mantra isn’t enough.
Arlone Abello
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Regulation
Tether freezes 32 addresses related to terrorism in Israel and Ukraine
Tether says it froze US$873,000 in USDT linked to terror activities in Israel and Ukraine. CEO Ardoino stresses crypto's traceability.
Zoltan Vardai
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Regulation
South Korea sentences ex-Coinone crypto exchange executives for bribery
Two former employees at Coinone were sentenced Tuesday for accepting bribes in exchange for listing certain cryptocurrencies on the platform.
Danny Park
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Blockchain Security
Have we learned anything from Curve Finance and DeFi’s susceptibility to attacks?
The DeFi giant may have escaped a death spiral, but exploits and code problems like what it recently suffered are more commonplace — and preventable — than what the industry acknowledges.
Pedro Argento
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Altcoins
Hong Kong crypto exchange CoinEx suffers hack, at least US$43 million lost
Hong Kong-based cryptocurrency exchange CoinEx Global suffered a security breach on Tuesday, resulting in an estimated loss of US$43 million in cryptocurrencies.
Danny Park
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Blockchain Security
Web3 has a big security problem, and the industry is not doing enough to protect users: Opinion
If Web3 wants to be an alternative to traditional finance, the industry must make itself less vulnerable to hacks and security breaches, writes Richard Meissner.
Richard Meissner
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Regulation
Chinese police uncover $54 million USDT money laundering scheme
Police in China’s Shanxi Province made 21 arrests in relation to an alleged USDT money laundering scheme amounting to over US$54 million.
Tom Zuo
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Compliance Challenges
Crypto’s aversion to anti-money laundering standards is only hurting itself
For crypto to grow for the long term, the industry must show greater respect for global standards that combat crime, writes Slava Demchuk of AMLBot.
Slava Demchuk
