Is the NSA’s ‘Quantum-Resistant Crypto’ for Nefarious Means?

The U.S. National Security Agency (NSA) is going from crypto surveillance to crypto creation. According to Bloomberg reporter William Turton, the agency is developing “quantum-resistant crypto.” Anne Neuberger, Director of NSA’s new Cybersecurity Directorate says that the agency will propose hardware and software standards again. Also notes agency is working to build quantum resistant crypto. […]

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Scary Monero Flaw Patched to Kill Crypto Exchange Theft Threat

Monero developers have revealed nine security flaws, and one of them can be exploited to steal XMR from cryptocurrency exchanges. Two critical Monero bugs discovered “By mining a specially crafted block, that still passes daemon verification an attacker can create a miner transaction that appears to the wallet to include sum of XMR picked by […]

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Binance CEO Zhao Slams Firefox as Zero-Day Trojan Targets Coinbase Employees

By CCN Markets: A vulnerability allowing for remote code execution (unauthorized use) in Firefox was exploited against Coinbase employees this past week. The vulnerability enabled an attacker to crash the browser and execute code, including installing a trojan horse backdoor. It’s unknown how long this bug operated in the wild, but accurate estimates would give it at least two weeks. No Coinbase Users Victimized Here is a scenario where the bug could have affected exchange users: A user is compromised by a fake e-mail from Coinbase urging them to do something. They redirect to the payload, which installs a trojan

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Hackers Circle Crypto Giant BitMEX as Unauthorized Login Attempts Spike

By CCN Markets: Hong Kong-based cryptocurrency exchange BitMEX has just issued a security advisory telling its customers that it is witnessing an increase in unwarranted attempts to access customer accounts. BitMEX has warned customers to shore up their account security through strong passwords and two-factor authentication. Security has always been the number one priority at BitMEX. We would like to remind all users to please protect your BitMEX and personal accounts by using strong and unique passwords, enabling 2FA, and using a password manager. For more detail: https://t.co/8yKMreamNp — BitMEX (@BitMEXdotcom) June 11, 2019 According to a BitMEX blog apprising

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CCN is Shutting Down after Google’s June 2019 Core Update

Dear readers, Let’s get straight to it. Google’s June 2019 Core Update rolled out on June 3th 2019 and CCN’s traffic from Google searches dropped more than 71% on mobile overnight.   As data from SEO analyzer Sistrix shows, our visibility on Google dropped from 1.2 to less than 0.6. You might say we ought not to face any issues since we’ve been at those levels and lower, in the past. What you need to realize is that we have added more people to the team, both full-timers and part-timers. We do not want to downsize the team, we do

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Bitcoin Wallet Researchers Condemn ‘Inappropriate’ Redditor’s Coinomi Complaint

By CCN: CipherBlade, a blockchain security research firm, has published the results of a lengthy investigation into the claims of a Coinomi user. How Were the Funds Truly Compromised? Warith Al Maawali contacted CCN and just about every news outlet he could find with the claim that because Coinomi had sent seed phrases to Google for spellchecking, he had lost his entire life savings. His goal was to pressure the company into reimbursing him for losses, but it appears that, after extensive research, it’s doubtful that Al Maawali lost his crypto through the fault of Coinomi. It’s more likely that

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McAfee Says He Spoke with Satoshi, Claims the Bitcoin Creator Is Furious

By CCN: Don’t say we didn’t see it coming. John McAfee is not unveiling the true identity of bitcoin creator, Satoshi Nakamoto, at least not today. The mercurial tech maverick has put a stop to proceedings, alleging that due to an “imminent” extradition request to the United States, McAfee’s attorney believes outing Nakamoto to the world could be too dangerous for his client. The US extradition request to the Bahamas is imminent. I met with Mario Gray, my extradition lawyer, and it is now clear (read his letter below) that releasing the identity of Satoshi at this time could influence

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Bitcoin Wallet Electrum’s Servers Are Under Massive Attack

Electrum Bitcoin wallet users should ensure that they’re using the latest version and that it’s from an official source. If users find themselves urged to “update” by the client, they should know that there is no update mechanism within Electrum itself. This urging comes as the popular crypto wallet faces a massive DoS attack designed to trick users into installing Bitcoin-stealing malware. Electrum Users MUST Upgrade to Latest Version Currently, a massive attack targets the hundreds of servers that service Electrum wallets. Previous attacks have netted hundreds of bitcoins. Electrum is an SPV wallet, meaning that the user doesn’t need

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Dubbed Crypto’s Hot New Trend, Staking Raises Major Security Risks

During what has become the longest bear market to date in cryptocurrency, it’s no surprise that anxious investors are eager to find alternative strategies to continue making gains during the downturn. One of those strategies, which has become a hot trend in crypto, is the practice known as staking. Staking: Crypto Investing’s Hot New Trend In staking, investor-owned tokens are placed in digital crypto wallets and then used to validate transactions that create new blocks in blockchain networks. This, in turn, produces coin rewards that can increase the holder’s total asset value. While vaguely similar to traditional banks’ interest-bearing accounts,

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Who Cares if Crypto Wallet MetaMask Exposes Your Ethereum History?

Several outlets and crypto programmers have pointed out for a year or more that MetaMask, by default, broadcasts your Ethereum public key (address) to websites you visit. The assumption is that this is a privacy vulnerability – most sites have no need for such information, after all. The Next Web’s David Canellis writes: “Sharing Ethereum addresses with any tracking service that requests it is certainly a little unsettling, but there are wider implications. Think of your Ethereum address as a unique identifier, you want to keep it separate from the rest of your online footprint at all times.” Public Addresses

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