Cybercriminals are targeting Ledger users with fake Ledger Live apps that steal seed phrases, leading to drained crypto wallets. Learn how to identify and avoid these scams.
Tag: Cybersecurity
Coinbase Data Breach: 70,000 Users Affected, Delayed Discovery, and Legal Fallout
A significant Coinbase data breach impacted nearly 70,000 users, going unnoticed for six months. This incident has triggered lawsuits and raised concerns about data security within the cryptocurrency industry. Here’s a breakdown of what happened, the consequences, and the broader implications.
AI-Powered Tool Achieves 97% Accuracy in Preventing Crypto Address Poisoning Attacks
Trugard and Webacy have launched an AI-driven system that boasts a 97% success rate in detecting and preventing crypto wallet address poisoning attacks. This innovative tool utilizes machine learning and on-chain analytics to protect users from this increasingly common and costly scam.
Strive Aims for 75,000 Bitcoin from Mt. Gox Claims to Bolster Bitcoin Treasury: An In-Depth Analysis
Strive is targeting distressed Mt. Gox Bitcoin claims to acquire 75,000 BTC and build a substantial Bitcoin treasury ahead of its reverse merger with Asset Entities. This move reflects a growing trend of companies holding Bitcoin as a strategic asset.
SEC Charges Unicoin Crypto Platform Over $100 Million Fraud: An In-Depth Analysis
The SEC has charged Unicoin and its executives with fraud, alleging they misled investors about the company’s financial status and token offerings. This article provides a comprehensive overview of the charges, the accused parties, and the potential implications.