Adam Back Warns Bitcoin Must Prepare for Quantum Attacks2h ago|
coinpaper.com
Adam Back warned that Bitcoin should begin preparing for potential quantum computing risks, despite the threat possibly being decades away.
BTC
cyber-watch
USS George H.W. Bush reroutes around Africa amid Houthi threats near Hormuz2h ago|cryptobriefing.com
The rerouting highlights U.S. caution, impacting market perceptions of military engagement and strategic stability in the region. The post USS George H.W. Bush reroutes around Africa amid Houthi threats near Hormuz appeared first on Crypto Briefing.
Americans Targeted in Iran-Linked Crypto Scam Wave, Report Warns3h ago|crypto-economy.com
TL;DR: Actors and Threats: The Iranian regime utilizes Large Language Models (LLMs) and AI bots to impersonate identities on dating apps like Tinder and Bumble. Financial Impact: “Pig butchering” operations aim to finance attacks against U.S. and Israeli assets in the Middle East through asset theft. Forensic Methodology: Lionsgate Network identifies a “triangular threat” involving ... Read more
Bitcoin devs bet a quantum attacker will play nice with a ‘wait and react’ plan3h ago|coindesk.com
BitMEX Research proposes a canary system that pays a bounty to the first quantum attacker and activates a network-wide freeze, offering an alternative to a fixed five-year timeline.
Hezbollah artillery attack on Kiryat Shmona complicates ceasefire prospects6h ago|The attack heightens tensions, undermining ceasefire efforts and impacting market confidence in near-term diplomatic resolutions. The post Hezbollah artillery attack on Kiryat Shmona complicates ceasefire prospects appeared first on Crypto Briefing.
Florida AG announces $5.4 million crypto fraud recovery7h ago|cryptopolitan.com
Authorities in Florida and Massachusetts have successfully recovered $5.4 million in cryptocurrency from scammers.
Sam Altman’s Home Hit in Second Attack as Two Suspects Arrested9h ago|crypto.news
Two suspects were arrested in San Francisco after allegedly firing at OpenAI CEO Sam Altman’s home early Sunday morning, the second attack on the property in three days, as federal and local prosecutors escalate charges against a separate suspect from…
OpenAI’s Internal Memo Attacks Anthropic Over Revenue10h ago|OpenAI circulated an internal memo this week directly attacking rival Anthropic, accusing it of inflating its $30 billion revenue figure by roughly $8 billion as Claude’s grip on enterprise AI becomes increasingly hard for the company to dismiss. OpenAI’s chief…
Zerion Says User Funds Are Safe After Employee Loses $100K in Social Engineering Attack13h ago|TL;DR: Zerion confirmed that an employee lost approximately $100,000 from internal wallets following a social engineering attack linked to North Korea. The attacker accessed active sessions, credentials, and private keys from hot wallets used for internal testing, so no user funds were compromised. The Security Alliance identified 164 malicious websites connected to group UNC1069, active ... Read more
Bitcoin Core Developers Weigh BTC Freeze to Stop Quantum Hackers15h ago|coincu.com
Bitcoin Core's draft BIP-361 would freeze quantum-vulnerable BTC in phases. Here's what is verified, what the 34% figure means, and why it matters. Read more...
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Crypto Long & Short: Fighting fraud in the digital age: why state-led identity is the future15h ago|In this week’s Crypto Long & Short Newsletter, Tricia Gallagher writes how the fix for broken digital identity systems will need to be state-led and user-controlled.
Bitcoin developer Jameson Lopp says it's better to freeze 5.6 million BTC than let hackers have them16h ago|Lopp says dormant coins could pose systemic risk if quantum computing gives attackers the ability to grab them, intensifying the growing “freeze or not freeze” debate.
- Obsidian Plugin Scam Targets Crypto Users with Malware21h ago|
Researchers at Elastic Security Labs uncovered a campaign using the note-taking app Obsidian to deploy malware through malicious community plugins.
$9.5M stolen in crypto scam linked to 150 KuCoin addresses22h ago|ambcrypto.com
KuCoin deposit addresses fueled seven‑figure victim losses within just seven days.
KCS
Zerion hit by AI-enabled social engineering as North Korean hackers target human layer24h ago|North Korean hackers are increasingly bypassing high-tech security barriers by weaponizing artificial intelligence to manipulate the employees behind the code. Zerion, a popular crypto wallet provider, confirmed on Wednesday that a long-term social engineering campaign linked to the DPRK successfully…
North Korean hackers used AI-enabled social engineering in Zerion attack1d ago|cointelegraph.com
It is the second long-term social-engineering attack this month, after the $280 million exploit of the Drift Protocol.
- Crypto users targeted in ‘elaborate’ scam using popular notes app1d ago|
Elastic Security Labs says a multi-step social engineering scam is aimed at those in crypto and finance, using a community plugin feature on a note-taking app to spread malicious device-controlling software.
OneCoin Scam: DOJ Opens Path For Compensation With $40 Million In Forfeited Assets1d ago|newsbtc.com
The US Justice Department (DOJ) has announced a compensation process for victims of the OneCoin fraud. The funds are expected to come from property forfeited in the case, money traced back to the people behind the scheme, including co-founders Ruja Ignatova and Karl Sebastian Greenwood. The DOJ said in a Monday statement that more than $40 million in forfeited assets are currently available for victim compensation. OneCoin Proceeds To Compensate Victims OneCoin was an international cryptocurrency investment scheme that ran from 2014 to 2019 and relied on deception to draw in investors around the world. Prosecutors say Ignatova and Greenwood, along with others, orchestrated the scheme. Ignatova, dubbed “the CryptoQueen,” disappeared on October 25, 2017. Since then, she has been presumed to be on the run from various international law enforcement agencies. Greenwood, on the other hand, was sentenced to 20 years in prison in 2023 for his participation in the scheme. Related Reading: XRP Could Face Big Moves Based On CLARITY Act Outcomes – 3 Key Price Scenarios The DOJ describes OneCoin as a fraudulent cryptocurrency that was marketed and sold through a “global multi-level marketing network.” Although OneCoin began operations in Bulgaria, the scheme reached beyond Europe and targeted victims globally through promises that officials say were false. The DOJ stated that the scheme resulted in losses that totaled more than $4 billion worldwide. In the agency’s description, investors were misled about the nature and legitimacy of OneCoin, and many put money into what the DOJ characterizes as “a lie disguised as cryptocurrency.” At the same time, prosecutors sought criminal forfeiture of property linked to proceeds from the fraud scheme. The DOJ explained that once a final order of forfeiture is issued, net proceeds from those forfeited assets would be used to compensate victims through the remission process. DOJ Details Remission Rules And Deadline While the announcement focuses on the compensation pathway, DOJ officials also framed the forfeiture effort as a way to both remove illegal gains and redirect them toward harm prevention. Assistant Attorney General A. Tysen Duva of the Justice Department’s Criminal Division said in the statement that victims are central to the department’s work. He said the DOJ pursues forfeiture to “take the profit out of crime” and then use that money to compensate victims where possible. ‘ Related Reading: Three-Way Bitcoin Outlook Tied To US–Iran War—Which Case Is Most Realistic? Under the DOJ’s description, the remission process is intended for victims who purchased OneCoin cryptocurrency between 2014 and 2019. The DOJ’s announcement explained that eligible victims may be able to seek compensation through this process, which relies on a petition submission to be considered. The agency clarified that submissions must be mailed, emailed, or submitted online along with supporting documentation by the deadline of Tuesday, June 30, 2026. Featured image from OpenArt, chart from TradingView.com
Coinbase, Binance seek Anthropic Mythos access as crypto firms brace for AI security threats1d ago|Coinbase and Binance pursue access to Mythos AI model, highlighting its dual potential as a security tool and existential risk. The post Coinbase, Binance seek Anthropic Mythos access as crypto firms brace for AI security threats appeared first on Crypto Briefing.
Kraken Says No Funds at Risk Despite Insider Data Breach Attempt and Blackmail Threats1d ago|cryptopotato.com
Two employees at Kraken improperly accessed support data, leading to an extortion attempt with threats to release internal system footage.
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