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On the Dangers of Cryptocurrencies and the Uselessness of Blockchain

Schneier on Security

Nothing in that letter is out of the ordinary, and is in line with what I wrote about blockchain in 2019. In response, Matthew Green has written —not really a rebuttal—but a “a general response to some of the more common spurious objections …people make to public blockchain systems.”

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Institutional Investor’s Introduction to Blockchain and Digital Asset Investing

Data Matters

Given the growth of markets for cryptocurrencies and other blockchain-based assets, often referred to as “digital assets,” we see growing interest from traditional investment managers in gaining exposure to this emerging asset class. A threshold issue is how the derivatives regulations applicable to swaps and security-based swaps in the U.S.

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SEC Announces 2022 Examination Priorities: Private Funds, ESG, Retail, Cyber, Digital Assets Top the List

Data Matters

Securities and Exchange Commission (SEC) Division of Enforcement (EXAMS or Division) issued its annual examination priorities. Private Fund, ESG Investing, Retail Investors, Cybersecurity, Fintech, and Digital Assets. Microcap, Municipal, Fixed Income, and Over-the-Counter Securities. On March 30, 2022, the U.S.

Retail 88
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Arrests in $400M SIM-Swap Tied to Heist at FTX?

Krebs on Security

11, 2022 after they SIM-swapped an AT&T customer by impersonating them at a retail store using a fake ID. Tom Robinson , co-founder of the blockchain intelligence firm Elliptic , said the attackers in the FTX heist began to drain FTX wallets on the evening of Nov. 11, 2022 local time, and continuing until the 12th of November. .”

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The time for government blockchain proofs of concept is now

CGI

The time for government blockchain proofs of concept is now. For the past two years, CGI has seen an exponential uptick in commercial sector interest in blockchain beyond just the financial services industry. Many government agencies also have been wading deeper into the blockchain waters. Tue, 05/15/2018 - 06:29.

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Russian Reshipping Service ‘SWAT USA Drop’ Exposed

Krebs on Security

Most online retailers grew wise to these scams years ago and stopped shipping to regions of the world most frequently associated with credit card fraud, including Eastern Europe, North Africa, and Russia. The stuffers use stolen cards to purchase high-value products from merchants and have the merchants ship the items to the drops’ address.

Marketing 256
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Norton 360 Now Comes With a Cryptominer

Krebs on Security

“Norton creates a secure digital Ethereum wallet for each user,” the FAQ reads. “The key to the wallet is encrypted and stored securely in the cloud. “How on Earth could anyone at Norton think that adding crypto mining within a security product would be a good thing?,” ” reads a Dec.

Mining 324