Tagged: security

December 28, 2025 @ 11:58 am By Omar Faridi  |  

In a significant new development in the fight against growing incidents of cybercrime, Indian authorities have now apprehended a former customer support representative linked to Coinbase (NASDAQ:COIN). The arrest reportedly took place in Hyderabad and stems from a major security incident at the exchange that was… Read More

December 25, 2025 @ 9:40 pm By Omar Faridi  |  

The decentralized prediction market platform Polymarket has officially acknowledged a recent security incident that impacted a limited number of user accounts, attributing the problem to a vulnerability in an external authentication service. Complaints emerged on platforms like X and Reddit in recent days, with users… Read More

December 20, 2025 @ 1:18 am By Omar Faridi  |  

Akamai Technologies, Inc. (NASDAQ: AKAM), the cybersecurity and cloud computing company that protects business online, announced a collaboration with Visa (NYSE: V) to bring identity, user recognition, and security controls to the world of agentic commerce. Via its integration of Visa’s Trusted Agent Protocol with… Read More

December 18, 2025 @ 9:21 am By Omar Faridi  |  

Tether, which claims to be one the largest companies in the digital asset industry, announced the launch of PearPass, which is described as a peer-to-peer password manager that keeps credentials “securely on the user’s own device, never in the cloud.” With billions of login credentials… Read More

December 17, 2025 @ 2:25 pm By Omar Faridi  |  

TRM Labs, the blockchain intelligence platform, announced a partnership with Sphinx, a key player focused on AI agents for financial crime detection and compliance operations. Together, the two firms will now aim to bring next-generation automation and intelligence to compliance teams facing operational pressure. According… Read More

December 17, 2025 @ 2:24 pm By Omar Faridi  |  

Chainalysis noted that with more than $2.17 billion reportedly stolen from crypto services in the first half of 2025, protecting decentralized finance or DeFi and web3 protocols from hackers, operational faults, governance attacks, and financial exploits has become more urgent. This requires investment in more… Read More

December 11, 2025 @ 7:24 am By Omar Faridi  |  

Tempo, a payment-focused L1, is now supported by Blockaid to provide security across its network. By supporting the chain, Blockaid explains in a blog post that it helps create a “safer” environment for payment processors, stablecoin issuers, and other partners building on Tempo’s ecosystem. Blockaid… Read More

December 7, 2025 @ 5:17 pm By Tony Zerucha  |  

According to the J.D. Power 2025 U.S. Financial Protection Satisfaction Study, 23% of bank customers and 29% of credit card customers have not taken any security measures, such as reviewing their accounts, updating passwords or adding multi-factor authentication to their accounts in the past 90… Read More

November 23, 2025 @ 3:10 pm By Omar Faridi  |  

Blockdaemon has expanded its support for the Canton Network with full Canton Coin integration in the Blockdaemon Institutional Vault, delivering so-called “institutional-grade” wallet capabilities to one of the networks for regulated finance. As noted in a blog post, Blockdaemon is pleased to provide complete support… Read More

November 22, 2025 @ 3:19 pm By Omar Faridi  |  

MoonPay, the global enabler of crypto payments, has announced an expansion of its partnership with Zengo Wallet, the self-custodial crypto wallet. The collab now aims to enhance wallet usability, expands payments access and enables product development across Zengo’s ecosystem. As part of the latest partnership,… Read More

November 17, 2025 @ 9:05 pm By Omar Faridi  |  

Wallet-drainer and phishing toolkits are surging, with ~$500M drained in 2024 and crypto losses hitting $3.1B in H1 2025 alone. Point-in-time audits aren’t enough without continuous monitoring and revocation playbooks. We recently caught up with Natalie Newson, Senior Blockchain Investigator at CertiK to better understand how “drainer-as-a-service”… Read More

November 9, 2025 @ 3:25 pm By Omar Faridi  |  

Chainalysis noted that Web3 attackers are becoming more creative and the number of hacks impacting exchanges and other FIs is steadily increasing. In many instances, attackers drain an exchange’s wallets, and those of their unsuspecting users as well, resulting in the loss of funds, trust,… Read More

November 7, 2025 @ 7:43 am By Omar Faridi  |  

On November 3, 2025, the decentralized automated market maker (AMM) protocol Balancer v2 experienced an attack. SlowMist noted that several different projects — including its forked versions — had been impacted across various blockchains, resulting in “total losses of approximately $120 million.” According to blockchain… Read More

October 29, 2025 @ 2:36 am By Omar Faridi  |  

SOL Strategies Inc. (NASDAQ: STKE), a company that combines a Solana treasury with a “revenue-generating” validator business, announced it has successfully completed its SOC 2 Type 2 & SOC 1 Type 2 examination with no exceptions noted. The audit reportedly validates SOL Strategies’ controls, effective… Read More

October 27, 2025 @ 8:49 pm By Omar Faridi  |  

JPMorgan Chase (NYSE:JPM) unveiled plans to allocate around $1.5T over the next decade as part of its so-called Security and Resiliency Initiative, including as much as $10B in direct equity investments, in order to support the US’s move towards improved national security. As global competition… Read More

October 21, 2025 @ 11:55 am By Omar Faridi  |  

French crypto hardware wallet maker Ledger recently revealed that their white hat team, the Ledger Donjon, discovered a flaw in Tangem cards that reportedly makes “brute force attacks possible.” As always, the team at Ledger claims that they followed so-called “responsible disclosure,” but can now… Read More

September 16, 2025 @ 8:50 am By Tony Zerucha  |  

According to the J.D. Power 2025 U.S. Retirement Plan Digital Experience Study, 62% of retirement plan website and app users say security is more important than convenience regarding their overall digital experience. Moreover, account security is now one of the biggest drivers of overall customer… Read More

September 15, 2025 @ 10:43 am By Omar Faridi  |  

In the ecosystem of open finance, where data sharing powers innovative financial services, Plaid is releasing updates aimed at bolstering security and streamlining operations. This month, Fintech Plaid unveiled seemingly pivotal updates: the Aggregator Token for reducing costs and complexity, and new standards for safer,… Read More

August 28, 2025 @ 6:28 pm By Omar Faridi  |  

BitGo, a provider of digital asset infrastructure, announced its support for HyperEVM, the Ethereum-compatible smart contract layer of the Hyperliquid ecosystem. This integration marks a pivotal step in bridging institutional investors with the ecosystem of DeFi, offering custody and operational flexibility for assets like HYPE,… Read More

August 28, 2025 @ 5:07 pm By Omar Faridi  |  

The Monero development team has accelerated its efforts to implement the Full-Chain Membership Proof (FCMP) upgrade, spurred by a recent attempted 51% attack from the Qubic project. This incident has underscored the urgency of enhancing Monero’s security and resilience, prompting developers to prioritize the FCMP… Read More