The proliferation of the cryptocurrency industry has offered vast opportunities for individuals and businesses worldwide. However, the security risks associated with the decentralized and digital nature of cryptocurrencies cannot be ignored. In a recent report, a leading security firm provides insights into the losses and recovery efforts observed in the cryptocurrency space throughout 2023. This article delves into the findings,
Marstone, the leading digital investment and wealth-planning platform, has successfully closed an $8 million Series B funding round. The round was led by Mendon Venture Partners and South Rose Capital, with notable participation from investors such as Castle Creek Launchpad Fund and Equity Bank. With this funding, Marstone has now raised a total of $28 million, a testament to its
In a bid to enhance the security of their SRX Series and EX Series products, Juniper Networks has released out-of-band updates to address high-severity vulnerabilities. These updates aim to protect users from potential attacks and ensure the confidentiality of sensitive information stored on these devices. The vulnerabilities, tracked as CVE-2024-21619 and CVE-2024-21620, impact all versions of Junos OS, the operating
The zero-day vulnerabilities in connected vehicles and their various systems have long been a concern for the automotive industry. To uncover and address these potential weaknesses, the Zero Day Initiative (ZDI) hosted its first-ever Pwn2Own Automotive competition. In this groundbreaking event, cybersecurity researchers and bug bounty hunters showcased their skills and earned an impressive total of $1.3 million by hacking
The world of competitive gaming is undergoing a transformative revolution thanks to the emergence of Web3 gaming platforms. One such platform, Gamer Arena, aims to democratize competitive gaming by introducing its innovative ‘Challenge-and-Earn’ model. This model allows players to engage in competitive battles across a wide range of digital games, earning rewards and showcasing their skills. As the video game
Romance scams continue to plague South Korea’s cryptocurrency industry, with crypto exchanges reporting a significant rise in fraudulent activities. In response, these exchanges have taken proactive measures to protect their users by blocking over $82 million in transactions associated with romance scams in the past year. Coinone’s Statement on the Rise of Romance Scams Coinone, one of South Korea’s leading
Marstone, a leading digital wealth management platform, has recently announced the successful closure of an $8 million Series B financing round. The funding, led by Mendon Venture Partners and South Rose Capital, signifies a significant milestone for the company and highlights the growing demand for personalized digital wealth strategies within the financial industry. Funding Details The Series B financing round
South Korea’s financial regulators are taking cautious steps, while their US counterparts forge ahead with rapid progress in crypto regulation. This discrepancy has raised concerns among experts and critics who argue that South Korea needs to establish a dedicated organization to effectively regulate crypto assets, mirroring the approach taken by US regulators. Lack of Dedicated Organization at the Financial Services
CoinShares’ latest Digital Asset Fund Flows Weekly Report reveals a remarkable $4.13 billion in inflows since the launch of the first spot Bitcoin Exchange-Traded Fund (ETF) on January 11. This surge in investments marks a significant shift in the crypto investment landscape. In contrast, traditional crypto fund managers have experienced substantial outflows totaling $2.9 billion over the last two weeks,
In a concerning turn of events, AerCap, one of the world’s largest owners of commercial aircraft and aviation leasing providers, has fallen victim to a ransomware attack. This incident marks the fourth time in the past six months that the aviation industry has been targeted by cybercriminals. The Irish-based company filed a disclosure notice with the US Securities and Exchange
France’s data protection watchdog, the Commission nationale de l’informatique et des libertés (CNIL), has imposed a hefty fine of 10 million euros on Yahoo for its failure to respect users’ preferences regarding internet-tracking cookies. The fine comes after receiving several complaints and conducting extensive investigations to determine the extent of the violations. Yahoo’s non-compliance Despite the presence of a button
Coinbase, one of the largest cryptocurrency exchanges in the United States, has voiced its criticism against the US Treasury’s proposed rulemaking on cryptocurrency mixing. In its official comment, Coinbase argued that the proposed rules fail to effectively address regulatory gaps while placing unnecessary burdens on crypto platforms. Let’s delve into Coinbase’s objections and proposed solutions in detail. Inefficiency of reporting
