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Category: blockchain

blockchain, Cybercrime, Federal Bureau of Investigation (FBI), financial fraud, Global Security News, Josh Gottheimer, pig butchering, Policy, Scott Fitzgerald, Zach Nunn

House bill seeks better tech to combat financial fraud scams against elderly

A bipartisan trio of House lawmakers is pushing a bill that would give law enforcement more resources to tackle financial fraud, pig butchering and other scams that specifically target older Americans. The Guarding Unprotected Aging Retirees from Deception (GUARD) Act from Reps. Zach Nunn, R-Iowa, Josh Gottheimer, D-N.J., and Scott Fitzgerald, R-Wis., would give state,…

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blockchain, Crypto, Global Security News, lamina1, Media & Entertainment, we ghosted media, web3

A new kids’ show will come with a crypto wallet when it debuts this fall

A new animated kids’ series expected to premiere this year won’t be headed for a TV network. Or a streaming service. Instead, the founders of production studio We Ghosted Media plan to launch on a decentralized web platform that uses blockchain technology. And yes, a crypto wallet will be involved.  We Ghosted Media — founded by…

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blockchain, Crypto, Fundraising, Global Security News, payments, Restaurants, Startups

Blackbird gobbles up $50M for its blockchain-based payment-loyalty app for restaurants

A founder who has carved out a name for himself building products to help restaurants connect better with would-be diners has raised $50 million for his latest startup: a new take on the idea of customer loyalty.  Blackbird Labs has built a payments-meets-loyalty-meets-blockchain platform for restaurants to grow repeat business while reducing some of the…

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blockchain, Crypto, CryptoCurrency, Cybercrime, Cybersecurity, Elliptic, ethereum, Exploits, Global Security News, Money, North Korea, TRM Labs

Crypto analysts stunned by Lazarus Group’s capabilities in $1.46B Bybit theft

Last week’s $1.46 billion Ethereum theft by North Korean-linked Lazarus Group has sent shockwaves through the cybercrime ecosystem, as it has not only joined the ranks of the largest known financial thefts in history but also demonstrated that the group’s skillset is presenting new challenges for defenders.  In the wake of the theft, numerous experts…

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blockchain, Global Security News, Governance, Risk & Compliance, Research Practice, Security Bloggers Network

Preventing account takeover on centralized cryptocurrency exchanges in 2025

By Kelly Kaoudis and Evan Sultanik This blog post highlights key points from our new white paper Preventing Account Takeovers on Centralized Cryptocurrency Exchanges, which documents ATO-related attack vectors and defenses tailored to CEXes. Imagine trying to log in to your centralized cryptocurrency exchange (CEX) account and your password and username just… don’t work. You…

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blockchain, Crypto, CryptoCurrency, extradition, fraud, Global IT News, Global Security News, In Brief, Terraform, Terraform Labs

Terraform Labs co-founder Do Kwon will face fraud charges in the U.S.

Do Kwon, the co-founder of collapsed cryptocurrency startup Terraform Labs, will be extradited from Montenegro to the U.S. to face federal fraud charges, as first reported by Bloomberg. Kwon faces charges in both the U.S. and South Korea; Terraform Labs’ TerraUSD and Luna cryptocurrencies crashed in 2022, causing investors to lose over $40 billion. Terraform…

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