Crypto losses reach $1.19B in H1 2024: CertiK calls for better security

The CertiK report shows that phishing attacks led to nearly $498 million in losses, emphasizing the urgent need for enhanced security measures like 2FA.

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Crypto execs on DeFi domain hacks: Dont interact with crypto for now

CoinGecko founder Bobby Ong explained that after Google sold its domain business to Squarespace, two-factor authentication was removed due to the forced migration of domains.

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Hackers exploit Chrome plugin to steal millions from Binance accounts

The promotional plugin steals cookies from users, which hackers use to bypass password and two-factor authentication verification and log into the victims Binance account.

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EigenLayer enhances EigenDA security to combat Sybil attacks

With the additional security feature, EigenLayer aims to protect the service it offers while guaranteeing its availability to all clients.

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TikTok to automatically label AI-generated content

TikTok takes a proactive step in assuring AI authenticity on its platform by automatically labeling AI-generated content using new Content Credentials technology.

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Unveiling Conor McGregors Authentic Memecoin: A Comprehensive Guide

Conor McGregor has ventured into the world of memecoins with his own unique offering. Discover everything you need to know about this real memecoin and how it relates to the world of cryptocurrency. Conor McGregor, a renowned MMA fighter and entrepreneur, recently announced the launch of his very own memecoin. Memecoins have been gaining popularity [...]

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Wakweli and Polygon Partner for NFT Authentication

Web3 protocol Wakweli has partnered with layer-2 scaling platform Polygon to offer certification of authenticity for NFTs. The partnership will allow all digital assets on Polygon to be compatible with Wakweli's certification system, enhancing the security of the digital ecosystem. Wakweli's testnet will be available in April, with alpha testing with Polygon's mainnet set to begin in Q2 2023. (Read More)

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sAxess Biometric Card Launches in Dubai, Pioneering Secure Digital Transactions

Serenity and IDEMIA partened to launch the sAxess Biometric Card, offering a next-generation payment and identity verification solution.

The post sAxess Biometric Card Launches in Dubai, Pioneering Secure Digital Transactions appeared first on Crypto Breaking News.

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Google's Authenticator Update Raises Security Concerns

Google has released an update to its Authenticator app that allows users to store a one-time code in cloud storage. While this may help users who lose their authenticator app, it also makes them more vulnerable to hackers, who can gain access to the user's Google password and subsequently obtain full access to their authenticator-linked apps. Cybersecurity experts have also warned of complications that come with Google's cloud storage-based solution to two-factor authentication (2FA), raising concerns about security. (Read More)

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The danger with Google’s new cloud backup for 2FA authenticator

Google’s new 2FA authenticator update could leave users vulnerable to single-point hacks and “SIM swapping” scams.

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End of an Era: Over 4 Years Pass Without Self-Proclaimed Satoshis

Satoshi Nakamoto, a captivating figure in the world of cryptocurrencies, remains an enigma, intriguing both crypto enthusiasts and experts. Numerous individuals have stepped forward over the years, proclaiming themselves as the elusive creator of Bitcoin. However, none of them have succeeded in providing substantial evidence or convincing the wider crypto community. Interestingly, it has been [...]

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GCash Introduces DoubleSafe: Enhanced Security with Selfie Scan & OTP Authentication

Discover GCash's new DoubleSafe feature, offering extra security through selfie scans and OTP authentication to protect users' accounts and transactions.

The post GCash Introduces DoubleSafe: Enhanced Security with Selfie Scan & OTP Authentication appeared first on BitPinas.

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Debate over 2FA using SMS after sim-swapping victim sues Coinbase

While members of the crypto community are doubtful the lawsuit against Coinbase will be successful, it has sparked a conversation about the issues with SMS 2FA.

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2022: The Year Crypto Hacking Reached an All-Time High with $3.8 Billion Stolen

In 2022, crypto hacking reached an all-time high, with hackers stealing a staggering $3.8 billion from cryptocurrency businesses, with DeFi protocols being the main victims. This article highlights the magnitude of the problem and the need for better security measures in the crypto industry.

<p>The post 2022: The Year Crypto Hacking Reached an All-Time High with $3.8 Billion Stolen first appeared on CCNC.</p>

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Swindlers are Using OTP Bots to Wipe Clean Crypto Accounts

Be cautious of fraudsters are becoming sophisticated by the day, with their latest tool being one-time password (OTP) bots used to wipe out cryptocurrency accounts. (Read More)

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CryptoPunks community reacts to the ongoing copyright battle between v1 and v2

CryptoPunks v1 is no longer deemed authentic but its creators allegedly sold 210 ETH worth when the wrapped versions gained traction.

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Crypto.com Confirms $34M Hack Without Explaining Cause

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Binance Faces GitHub Data Leak

Binance has reported a significant data breach, revealing internal code, passwords, and security protocols on GitHub. Despite initial security concerns, the company is taking legal action against the responsible individual. (Read More)

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MultiversX launches on-chain two-factor authentication standard

Two-factor authentication (2FA) is a tried and tested online security measure, and the technology is now being used as an additional transaction signing measure on MultiversX’s blockchain protocol. MultiversX CEO Beniamin Mincu unpacked the protocol’s new guardian service in conversation with Cointelegraph. The feature makes use of Google Authenticator, Authy, Duo, Microsoft Authenticator or biometrics [...]

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eBay Acquires AI-Powered Digital ID Prvoder Certilogo

eBay Inc., a global commerce leader, has announced the completion of its acquisition of Certilogo, an AI-powered provider of digital IDs and authentication for apparel and fashion goods. This move is set to bring new, 'Secure by Design' digital ID technology to eBay's fashion category, expanding opportunities in the circular economy. (Read More)

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