The cryptocurrency sector has increasingly become a prime target for hackers in recent years. With the growing popularity and value of digital assets, the stakes are higher than ever for investors and blockchain protocols. Unfortunately, the latest report submitted by bug bounty and security services platform Immunefi has revealed the alarming extent of the damages suffered by the Web3 space
In the ever-evolving landscape of cyber threats, a new player has emerged: LUCR-3. This financially motivated threat actor has gained notoriety for its sophisticated operations in the cloud. In this article, we delve into the inner workings of LUCR-3, exploring their techniques, motivations, and the impact they have on their victims. Understanding their methods is crucial in order to enhance
In a world where instant gratification is becoming the norm, consumers are seeking faster and more efficient payment options to gain greater flexibility and control over their transactions. Recognizing this growing need, Pidgin, a secure real-time payments platform built for the future, has partnered with Exchange Bank to provide account holders with instant payment capabilities. This partnership aims to revolutionize
The Brazilian government’s recent announcement regarding the implementation of blockchain technology for digital identity marks a significant milestone, with over 214 million Brazilians set to embrace this innovative system. This bold move aims to revolutionize the way identification documents are issued, paving the way for enhanced security and efficiency. Rio de Janeiro, Goiás, and Paraná will lead the charge as
Digital asset-as-a-service platform Zumo has achieved a significant milestone by becoming the first cryptocurrency platform to integrate the financial promotions technical flow design outlined by the Financial Conduct Authority (FCA). This integration showcases Zumo’s commitment to regulatory alignment and user protection. With the FCA’s rules on financial promotions for cryptoassets coming into effect from October 8, Zumo’s early compliance demonstrates
Yield App is a revolutionary platform that aims to make cryptocurrency investing accessible and profitable for users of all levels of expertise. With user-friendly interfaces, Yield App provides a seamless experience for converting fiat currencies to crypto, putting that crypto to work earning yield, and easily cashing out earnings in both crypto and fiat currencies. Let’s delve deeper into the
Tecpetrol, a major oil producer in Argentina, has recently announced an innovative plan to utilize associated gas for cryptocurrency mining. By leveraging the abundant associated gas generated in its oil fields near Vaca Muerta, the company aims to generate electricity and power miners’ rigs. This groundbreaking venture highlights the company’s commitment to embracing new technologies and optimizing its resources. Utilizing
Taiwan’s Financial Supervisory Commission (FSC) has recently introduced new guidelines aimed at bolstering the protection of cryptocurrency users in the country. These regulations, announced on September 26, represent a significant step toward ensuring the safe and secure operation of Virtual Asset Service Providers (VASPs) in Taiwan. By imposing stricter compliance standards and fostering self-regulation within the industry, the FSC aims
Deutsche WertpapierService Bank AG (dwpbank) has recently announced the launch of its innovative platform, “wpNex,” which allows 1,200 banks and savings banks in Germany to trade digital assets for themselves and their customers. This groundbreaking initiative marks a significant step towards the integration of cryptocurrencies and other digital assets into the traditional banking sector. The platform’s first component enables the
Darwinbit, a digital asset wealth management firm, has officially launched at the prestigious Blockchain Expo Europe. With a unique approach to providing wealth management services, including structured products, staking, fixed-income, and more, Darwinbit is poised to disrupt the crypto space. Unique Approach to Wealth Management Services In the rapidly evolving crypto market, DarwinBit stands out by offering a disruptive approach
Canadian debit network, Interac, has announced plans to broaden access to its popular e-Transfer service by expanding beyond regulated banks and credit unions. This move aims to provide more Canadians with secure and efficient money transfer options. The Interac e-Transfer service allows individuals and businesses to send money directly from their bank accounts to the accounts of others, offering convenience
Google’s unwavering commitment to user security and prompt response to vulnerabilities has once again come to the forefront as it rolls out fixes to combat an actively exploited zero-day vulnerability in the widely-used Chrome browser. The recently discovered flaw, identified as CVE-2023-5217, poses a significant risk due to a heap-based buffer overflow in the libvpx VP8 compression format. This article
