Cybersecurity

Baanx Acquires Stake in Major US Fintech Bank

Source Node: https://www.acnnewswire.com/press-release/english/69400/
Time Stamp: September 6, 2021 6:04 AM - Modified On: September 6, 2021 - Published By:
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LONDON, Sept 6, 2021 - (ACN Newswire) - Baanx, the fast-growing B2B2C "Better than a Banking Platform" specialising in fintech services & lending, becomes the third-largest shareholder in the United States regulated Maxwell State Bank in a multi-million-dollar deal to enhance cybersecurity and banking access to communities throughout America.Maxwell State Bank is a fintech bank and VISA Principal Member established circa 1943 in Iowa. With total assets of $29,655,000 and deposits of $25,058,000 Maxwell has been FDIC certified since 1943 for insured deposits. Maxwell was acquired by serial fintech entrepreneur Ronald Ingram, founder of

This is driving Dubai’s cryptocurrency market to do ‘fantastically well’

Source Node: https://ambcrypto.com/this-is-driving-dubais-cryptocurrency-market-to-do-fantastically-well/
Time Stamp: August 30, 2021 5:30 AM - Modified On: August 30, 2021 - Published By:
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Dubai and the larger UAE have long been touted as rising tech and innovation hubs, providing entry points into Asia and Middle Eastern markets. With exponential developmental growth in the past decades, Dubai is now considered one of the fastest-growing metropolitan areas in the world. It would then not be surprising for some to speculate that the country could also rise up as one of the leaders in the cryptocurrency space. In a recent interview, Bittrex Global CEO Stephen Stonberg opined that Dubai is well-poised to capitalize from the growing cryptocurrency

Crypto Hacker’s Data Vulnerable to FBI Through Palantir Glitch

Source Node: https://beincrypto.com/crypto-hackers-data-vulnerable-to-fbi-through-palantir-glitch/
Time Stamp: August 27, 2021 11:40 AM - Modified On: August 27, 2021 - Published By:
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A glitch in the Palantir system allegedly allowed the FBI  unauthorized access to data on a crypto hacker case from 2019. Sponsored Sponsored The Peter Thiel-founded AI company, Palantir faced unwelcomed news.  A new report claims the artificial intelligence giant faced a glitch in their secretive software program used by the FBI. Such a mishap allowed the FBI unauthorized access to private data for over a year.  Clients of this power intelligence software include the CIA, US immigration agency ICE, and the FBI among others. Sponsored Sponsored The accusation came from a

SEC Crypto Mom Greets Pro-Crypto Acting Chairman

Source Node: https://beincrypto.com/sec-crypto-mom-greets-pro-crypto-acting-chairman/
Time Stamp: December 26, 2020 6:09 AM - Modified On: May 21, 2021 - Published By:
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SEC Commissioner Hester Price tweeted on Dec. 24 her congratulations to fellow commissioner Elad Roisman on his promotion. Congratulations, Chairman Roisman! I look forward to your leadership of the SEC.— Hester Peirce (@HesterPeirce) December 24, 2020 Securities and Exchange Commissioner (SEC) Roisman’s appointment is not official. The SEC and White House have not confirmed the fact. However, Commissioner Price, known to the crypto community as Crypto Mom, did tweet her greetings. Feat of Clayton at SEC The move comes a day after SEC Chairman Jay Clayton announced his immediate departure.

Ransomware Attacks Demanding Crypto Are Unfortunately Here to Stay

Source Node: https://cointelegraph.com/news/ransomware-attacks-demanding-crypto-are-unfortunately-here-to-stay
Time Stamp: August 8, 2020 3:00 AM - Modified On: May 21, 2021 - Published By:
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Year after year, the ransomware landscape changes dramatically. In 2019, a new resurgence of attacks occurred as businesses and government institutions became the main targets of ransomware, given their capacity to yield larger payouts. The most recent attack was against Garmin, a navigation systems company, on July 23. Due to the attack, many of its online services such as customer support, website functions and company communications were affected. Reportedly, the Russian cybergang Evil Corp launched the attack, demanding $10 million in cryptocurrency to restore access to Garmin’s services. Overall, according to a

Blockchain Intelligence Firm Chainalysis Seeks New Partners to Extend Its Reach

Source Node: https://cointelegraph.com/news/blockchain-intelligence-firm-chainalysis-seeks-new-partners-to-extend-its-reach
Time Stamp: April 9, 2020 9:05 AM - Modified On: May 21, 2021 - Published By:
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New York-based blockchain analytics firm Chainalysis is launching a major partnership program to expand its operations and broaden its intelligence capabilities.As one of the highest-profile analytics firms in the blockchain intelligence industry, Chainalysis develops investigative tools that enable firms, governments and law enforcement agencies to monitor blockchain transactions and track suspected illicit activities.Speaking to Cointelegraph on April 9, Chainalysis chief revenue officer Jason Bonds explained that the program would be dedicated to collaborations with several categories of partners.The first, key crypto infrastructure providers, will help Chainalysis and the wider industry

BitMEX Operator Gives $400K Sponsorship to Cybersecurity Nonprofit

Source Node: https://cointelegraph.com/news/bitmex-operator-gives-400k-sponsorship-to-cybersecurity-nonprofit
Time Stamp: April 6, 2020 8:09 PM - Modified On: May 21, 2021 - Published By:
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HDR Global Trading, the operator of crypto exchange BitMEX, is giving a $400,000 grant to the cybersecurity nonprofit Shadowserver Foundation.In an April 6 statement on the company’s blog, HDR Global Trading announced that it would offer $400,000 to the organization over the next four years. The BitMEX operator will be acting as a member of the nonprofit’s new industry alliance for Internet security.Richard Perlotto, Shadowserver Director, thanked HDR for “their rapid response to our call for help” and emphasized the organization’s commitment to fighting cybercrime. The director is referring to

Ethereum Creator Picks Two Worst Bull and Bear BTC Predictions Ever Made

Source Node: https://cointelegraph.com/news/ethereum-creator-picks-two-worst-bull-and-bear-btc-predictions-ever-made
Time Stamp: April 6, 2020 3:59 PM - Modified On: May 21, 2021 - Published By:
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As the world’s biggest cryptocurrency, Bitcoin (BTC) is highly volatile, once surging from $1,000 to $20,000 in the span of just over a year. The coin has become the subject of infinite price predictions. Both optimistic and negative, some of these predictions have turned out to be extremely inaccurate.Vitalik Buterin, the well-known co-creator of the Ethereum network and its native cryptocurrency Ether (ETH), highlighted the two worst Bitcoin price predictions ever made since the digital currency was introduced back in 2009.In an April 6 tweet, Buterin emphasized that price predictions

Notable Dark Web Marketplace Bans All COVID-19 Vaccine Sale 

Source Node: https://insidebitcoins.com/news/notable-dark-web-marketplace-bans-all-covid-19-vaccine-sale/256697
Time Stamp: April 6, 2020 3:36 PM - Modified On: May 21, 2021 - Published By:
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In a rare move that has perhaps never been seen before, a marketplace on the dark web has banned the sale of a self-proclaimed vaccine for the coronavirus pandemic. According to a tweet from noted tech author Eileen Ormsby, Monopoly Market, a popular platform on the dark web, has banned the sale of purported vaccines for the coronavirus for Bitcoin.Darknet market Monopoly has taken a more responsible approach to touting #COVID19 "cures" on their #darkweb site pic.twitter.com/uWFLx75deQ— Eileen Ormsby (@EileenOrmsby) April 1, 2020Honor Among Criminals As the tweet showed, the market’s administrator pointed

Researchers Detect Ambitious Bitcoin Mining Malware Campaign Targeting 1,000s Daily

Source Node: https://cointelegraph.com/news/researchers-detect-ambitious-bitcoin-mining-malware-campaign-targeting-1-000s-daily
Time Stamp: April 6, 2020 6:35 AM - Modified On: May 21, 2021 - Published By:
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Cybersecurity researchers have identified a persistent and ambitious campaign that targets thousands of Docker servers daily with a Bitcoin (BTC) miner.In a report published on April 3, Aqua Security issued a threat alert over the attack, which has ostensibly “been going on for months, with thousands of attempts taking place nearly on a daily basis.” The researchers warn: “These are the highest numbers we’ve seen in some time, far exceeding what we have witnessed to date.”Such scope and ambition indicate that the illicit Bitcoin mining campaign is unlikely to be “an