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Winklevoss’ Gemini Crypto Exchange Hires New Chief Security Officer

News Gemini, the cryptocurrency exchange and custody founded by the Winklevoss twins, has hired cybersecurity expert David Damato as its new chief security officer (CSO). Damato was previously the CSO of cybersecurity firm Tanium. Tyler Winklevoss announced the new hire in an official blog post o..

Korea’s Oldest Bank Is Building a Blockchain-Based Security System

News South Korea’s oldest bank, Shinhan Bank, partnered with two other companies to develop a blockchain-based security solution. Korea’s Shinhan bank to enhance security with blockchainAccording to a report published on Aug. 14 by local news outlet TheKoreaTimes, Shinhan Bank signed a memorandum ..

PIVX, Possibly Other PoS Chains Vulnerable to Bug, Attackers Profit

News Private transactions cryptocurrency PIVX and over 200 other blockchains are vulnerable to a vulnerability allowing the attacker to obtain disproportionately high staking rewards. A major staking vulnerabilityCryptocurrency consulting firm Lunar Digital Assets claimed in a post published on it..

US Defense Dept. to Experiment With Blockchain-Based Security

News The United States Department of Defense (DoD) is pursuing blockchain solutions for cybersecurity as part of its digital modernization strategy. The DoD released plans for blockchain tech in its four-year roadmap on July 12, entitled “DoD Digital Modernization Strategy: DoD Information Resourc..

AT&T Not Responsible in $24M Crypto SIM-Swapping Case, Judge Rules

News The federal judge overseeing Terpin Vs. AT&T — a legal battle pertaining to stolen crypto via SIM-swapping that has been going on for almost a year — has dismissed the motion, industry news outlet, TheBlock, reports on July 26. As Cointelegraph previously reported, in August last year Terpin ..

Bank of Thailand Is Open to Discuss Libra, Concerned Over Security

News Bank of Thailand governor Veerathai Santiprabhob said that the institution is open to discussing Facebook’s Libra stablecoin with the company, local media Xinhuanet reported on July 19. Per the report, Santiprabhob made his remarks at the Bangkok FinTech Fair on July 19, pointing out that Fac..

Bitcoin-Seeking Ransomware ‘Ryuk’ Virus Found and Studied in China

News Tencent Yujian Threat Intelligence Center says that a Ryuk ransomware virus has been spotted in China. The intelligence center released information on the outbreak in a report on July 16. According to the report, Ryuk viruses are a family of malware aimed at infecting government and enterpris..

0x DEX Protocol Suspended Because of Vulnerability, Funds Safe

News The Ethereum (ETH) smart contract of 0x (ZRX) decentralized exchange (DEX) protocol has been suspended after a vulnerability has been uncovered in its code, the project’s team announced in a Medium post published on July 13. Per the announcement, third-party security researcher samczsun warne..

McAfee on BTC, Exile & the US: ‘No Way the Current System Can Survive’

“God Almighty, I am a rebel. I'm an outrage to the stability of the U.S. corrupt government” — John McAfee talks to Cointelegraph about living on the run and the future of crypto adoption

Bitfinex Hack New Twist: Two Arrested in Israel After $1.5M Moved

Investigation One of the most prominent crypto cybercrimes in recent years took a dramatic turn on June 23, when two Israeli brothers were arrested in connection with the 2016 Bitfinex hack and other crypto-related phishing attacks. Just shy of 120,000 Bitcoin (BTC) were stolen in the attack back ..

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