Internet Security

Binance pledges to ‘significantly’ increase security following $40M Bitcoin hack

Binance has vowed to raise the quality of its security in the aftermath of a hack that saw thieves make off with more than $40 million in Bitcoin from the exchange. The company — which is widely believed to operate the world’s largest crypto exchange based on trading volumes — said today that it will…


Binancehas vowed to raise the quality of its security in the aftermath of a hack that saw thieves make off with more than $40 million in Bitcoin from the exchange.

The company — which is widely believed to operate the world’s largest crypto exchange based on trading volumes — said today that it will “significantly revamp” its security measures, procedures and practices in response. In particular, CEO Changpeng Zhao wrote in a blog post that Binance will make “significant changes to the API, 2FA, and withdrawal validation areas, which was an area exploited by hackers during this incident.”

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Internet Security

Twitter says ‘phone spear phishing attack’ used to gain network access in crypto scam breach

Twitter has revealed a little more detail about the security breach it suffered earlier this month when a number of high profile accounts were hacked to spread a cryptocurrency scam — writing in a bl…

Twitter has revealed a little more detail about the security breach it suffered earlier this month when a number of high profile accounts were hacked to spread a cryptocurrency scam — writing in a bl…
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Internet Security

Casa pivots to provide self-custody services to secure bitcoin

Casa, a Colorado-based provider of bitcoin security services, is launching a managed service allowing customers to buy and hold their own bitcoin, rather than using an external custodian like Coinbas…

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Internet Security

Many popular Twitter accounts simultaneously hacked to spread cryptocurrency scam

A number of high-profile Twitter accounts were simultaneously hacked on Wednesday by attackers who used the accounts some with millions of followers to spread a cryptocurrency scam. @bitcoin, @rippl…

A number of high-profile Twitter accounts were simultaneously hacked on Wednesday by attackers who used the accounts some with millions of followers to spread a cryptocurrency scam.
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Internet Security

Whether or not the Trump administration bans TikTok, it’s already helping Facebook

On Tuesday, U.S. Secretary of State Mike Pompeo said that the U.S. is “looking at” banning Chinese social media apps, including the Chinese-owned company TikTok, comparing it to other Chinese compani…

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