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Cybersecurity

  • Regulation

    At least 3M Aussies own some form of crypto asset

    Australia estimates at least three million Aussies, or 11% of its people, own some form of crypto asset, according to a government-backed report published on Wednesday. See related article: Australia announces biggest overhaul to payments in 25 years — eyes now set on crypto Fast facts Crypto has been on Australia’s radar, with the Senate […]

    Lachlan Keller

  • 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

  • Regulation

    Cybercriminals launder $8.6B in 2021, up 30%: Chainalysis

    The amount of cryptocurrency used in money laundering activities increased 30% in 2021 compared to the year before, but represents a smaller portion of total transactions, according to an annual crypto money laundering report by Chainalysis, a blockchain data analytics firm.  Fast facts Cybercriminals laundered US$8.6 billion worth of cryptocurrency last year, with the total […]

    Dylan Butts

  • 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

  • Regulatory News

    U.S. crypto enforcement team to target cybercrime

    Making the most of cybersecurity awareness month, which marks its 18th year this October, the U.S. Department of Justice has announced it is launching a national cryptocurrency enforcement team targeting cybercrime. Fast facts During a virtual speech at the Aspen Cyber Summit on Wednesday, Deputy Attorney General Lisa Monaco said: “Cryptocurrency exchanges want to be […]

    Lachlan Keller