How Cryptocurrency Turns to Cash in Russian Banks

A financial firm registered in Canada has emerged as the payment processor for dozens of Russian cryptocurrency exchanges and websites hawking cybercrime services aimed at Russian-speaking customers, new research finds. Meanwhile, an investigation into the Vancouver street address used by this company shows it is home to dozens of foreign currency dealers, money transfer businesses, and cryptocurrency exchanges — none of which are physically located there. Continue reading How Cryptocurrency Turns to Cash in Russian Banks

GoPlus Security Raises in Private II+ Funding to Fortify Web3 User Safety

By Waqas
GoPlus Security secures $4M to build a user-driven Web3 security network. Their AI-powered platform provides real-time threat detection across 20+ blockchains, empowering users with the SecWareX suite for on-chain security.
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Blockchain Power Binance Football Fever 2022 to Offer Fans $1 Million in Reward

By Deeba Ahmed
FIFA World Cup is about to happen, and football fever has already taken the world hostage. Binance isn’t…
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Battle with Bots Prompts Mass Purge of Amazon, Apple Employee Accounts on LinkedIn

On October 10, 2022, there were 576,562 LinkedIn accounts that listed their current employer as Apple Inc. The next day, half of those profiles no longer existed. A similarly dramatic drop in the number of LinkedIn profiles claiming employment at Amazon comes as LinkedIn is struggling to combat a significant uptick in the creation of fake employee accounts that pair AI-generated profile photos with text lifted from legitimate users. Continue reading Battle with Bots Prompts Mass Purge of Amazon, Apple Employee Accounts on LinkedIn

Binance-Linked Network Hacked, Over $570 Million in Losses Recorded

By Deeba Ahmed
A Binance-linked blockchain is the latest victim of a cyberattack. Reportedly the world’s largest crypto exchange, Binance, has…
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Scammers Made Deepfake AI Hologram of Binance Executive

By Deeba Ahmed
According to Patrick Hillmann, chief communications officer of Binance, his Deepfake AI hologram is being used by scammers to trick users into online meetings and target Binance clients’ crypto projects.
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