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North Korean Hackers Steal $1.5B in Cryptocurrency

Schneier on Security

From there, the cryptocurrency was transferred out of Bybit altogether and into wallets controlled by the unknown attackers. […] …a subsequent investigation by Safe found no signs of unauthorized access to its infrastructure, no compromises of other Safe wallets, and no obvious vulnerabilities in the Safe codebase.

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Decarbonizing Cryptocurrencies through Taxation

Schneier on Security

Maintaining bitcoin and other cryptocurrencies causes about 0.3 As many cryptocurrencies crash and the FTX bankruptcy moves into the litigation stage, regulators are likely to scrutinize the cryptocurrency world more than ever before. The good news is that cryptocurrencies don’t have to be carbon intensive.

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How to Lose a Fortune with Just One Bad Click

Krebs on Security

Adam Griffin is still in disbelief over how quickly he was robbed of nearly $500,000 in cryptocurrencies. Unfortunately for Griffin, years ago he used Google Photos to store an image of the secret seed phrase that was protecting his cryptocurrency wallet. Image: Shutterstock, iHaMoo. io ) that mimicked the official Trezor website.

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Hackers Exploit Zoom's Remote Control Feature in Cryptocurrency Heists

SecureWorld News

A sophisticated cybercrime campaign, dubbed Elusive Comet , has been uncovered, in which North Korean threat actors are exploiting Zoom's remote control feature to infiltrate the systems of cryptocurrency professionals. The research behind the discovery was released by Security Alliance , which tracked and analyzed the campaign.

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A Day in the Life of a Prolific Voice Phishing Crew

Krebs on Security

KrebsOnSecurity recently told the saga of a cryptocurrency investor named Tony who was robbed of more than $4.7 million in cryptocurrencies from Tony was verify-trezor[.]io. Federal Communications Commission (FCC), as well as those working at the cryptocurrency exchanges Coinbase and Binance. Image: Shutterstock, iHaMoo.

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Responsible Disclosure for Cryptocurrency Security

Schneier on Security

Stewart Baker discusses why the industry-norm responsible disclosure for software vulnerabilities fails for cryptocurrency software. Why can’t the cryptocurrency industry solve the problem the way the software and hardware industries do, by patching and updating security as flaws are found?

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GoDaddy Employees Used in Attacks on Multiple Cryptocurrency Services

Krebs on Security

Fraudsters redirected email and web traffic destined for several cryptocurrency trading platforms over the past week. 13, with an attack on cryptocurrency trading platform liquid.com. “Our security team investigated and confirmed threat actor activity, including social engineering of a limited number of GoDaddy employees.