Browsing: CoinTelegraph

security-platforms-warn-about-hidden-phishing-and-wallet-drainer-links

Cybersecurity professional Christian Seifert gave an example on how Discord’s measure against malicious links can be abused by scammers. With millions of dollars worth of assets being lost to phishing attacks after signing malicious permissions, the threat of losing crypto assets from questionable links is very real. When these are paired with platforms allowing hidden

vitalik-buterin-on-fix-for-ethereum-centralization-—-make-running-nodes-easier

Ethereum co-founder Vitalik Buterin says node centralization is one of Ethereum’s main challenges, but the perfect solution may not come for another 20 years. The centralization of nodes is one of the biggest problems facing the Ethereum network and should be addressed by making the running of nodes cheaper and easier, according to Ethereum co-founder

eos-secures-regulatory-approval-in-japan,-will-trade-against-yen

The EOS Network Foundation announced that the EOS token will start trading on the Japanese exchange BitTrade in September. The EOS token has been granted whitelist approval by Japan’s crypto regulator, paving the way for the token to be traded against the Japanese yen on regulated exchanges in the country. In an announcement sent to Cointelegraph, the

ftx-suspends-user-accounts-amid-kroll-cyber-breach-concerns

FTX took the decision as a proactive measure to prevent any potential future incidents or additional harm following the recent hack. Following the recent Kroll cybersecurity breach, bankrupt crypto exchange FTX has temporarily suspended accounts of impacted users accessing its claims portal.FTX’s decision which was posted on X (formerly known as Twitter) was undertaken as

naver-corp-unveils-south-korea’s-answer-to-chatgpt-and-generative-ai

South Korean internet giant Naver Corp. has released CLOVA X, a Korean language chatbot similar to ChatGPT that can have conversations and summarize text. South Korean tech company Naver Corp has unveiled its answer to OpenAI’s ChatGPT — named CLOVA X — its newest generative AI chatbot, which is aimed at Korean-language users. On Aug. 24

china-proposes-to-bring-its-social-credit-system-to-the-metaverse:-report

Proposals to a United Nations group reportedly show China wants digital IDs and real-world punishments for actions that occur in the Metaverse. China is reportedly looking to implement a system akin to its social credit system in the metaverse and other online virtual worlds.POLITICO reported on Aug. 20 that state-owned telco China Mobile hasproposed a

cypher-protocol-reveals-$600k-of-stolen-funds-is-now-frozen-on-cexs

Solana-based Cypher Protocol has managed to stop around $600,000 of stolen funds from exiting various centralized exchanges. Solana-based decentralized futures exchange Cypher Protocol has managed to freeze $600,000 worth of crypto stolen from an Aug. 7 security exploit.In an X (Twitter) post on Aug. 18, Cypher Protocol reported that more than half of the funds

base-project-rocketswap-shares-emergency-plan-following-$865k-exploit

RocketSwap Labs plans on reaching out to the exploiter on-chain, who stole an estimated $865,000 from the protocol on Aug. 14. Base project RocketSwap Labs has outlined its emergency programme to bounce back from a brute force hack which swiped $865,000 or 471 Ether (ETH) from the protocol on Aug. 14.The team explained on Aug.

senator-lummis-files-amicus-brief-supporting-coinbase’s-dismissal-motion-against-sec

Senator Lummis argued that the SEC is attempting to “circumvent the political process” by establishing itself as the main authority on crypto. Crypto-friendly Senator Cynthia Lummis has filed an Amicus Brief supporting Coinbase’s motion to dismiss the U.S. Securities and Exchange Commission’s lawsuit against the firm. An Amicus Brief is a document filed in court

cardano-dex-muesliswap-to-refund-users-after-slippage-confusion

The MuesliSwap team wants to refund users who have lost funds to high slippage due to the way the DEX’s matchmaker was set up. The team behind the Cardano-based decentralized exchange MuesliSwap has made a decision to refund users that have been hit with high slippage over the past year.On Aug. 8, the MuseliSwap team

fbi-warns-of-phishing-scams-and-social-media-account-hijackers

The FBI warned that the account hijackers work to “create a sense of urgency” with their posts, and urged people to vet any website or potential opportunity before clicking on it. The Federal Bureau of Investigation has warned of criminal actors that are hijacking social media accounts and posing as legitimate people in the nonfungible

microstrategy-to-stay-on-bitcoin-course-even-if-spot-etfs-approved:-saylor

Michael Saylor compared his firm to a “sportscar” whereas a spot ETF will be like a “supertanker” when it came to giving investors Bitcoin exposure. MicroStrategy co-founder Michael Saylor believes his firm will remain an enticing way for investors to gain exposure to Bitcoin (BTC) regardless of any future exchange-traded fund approvals.He has also confirmed

australia’s-bendigo-bank-blocks-high-risk-payments-to-crypto-exchanges

Chainalysis policy lead Chengyi Ong warned crypto users may eventually have no choice but to deal with offshore unregulated exchanges. Australia’s Bendigo Bank has become the fourth major bank in the country to announce blocks for “high-risk crypto payments,” citing the need to protect customers from investment scams.The bank said on July 31 it implemented

sec-adopts-cyberattack-disclosure-rules,-listed-crypto-firms-included

Coinbase, Marathon Digital and Riot Blockchain are among the SEC-registered cryptocurrency firms that would need to comply with the rules. Public companies in the United States, including listed crypto firms, will be required to disclose any major cybersecurity incidents within a four-day time limit, under new rules adopted by the United States securities regulator.The rules from the

deribit’s-bitcoin-volatility-index-hits-lifetime-lows,-hinting-sideways-action

The Bitcoin Implied Volatility Index has fallen to its lowest levels since the crypto options exchange launched the tracker in early 2021. Crypto options exchange Deribit’s future-looking Bitcoin (BTC) volatility index — used as a crypto fear gauge of sorts — has reportedly reached its lowest level in two years, indicating a possible lack of