In our “Security” section, we cover cybersecurity issues, risks, and protective technologies in the cryptocurrency and blockchain ecosystem. Here you will find information about hacks, fraud schemes, wallet security, and best practices for protecting digital assets. Read the “Security” section on ForkNews to learn how to keep your crypto funds safe.
According to a tweet from the company published on February 3, a vulnerability has been discovered in Ledger's hardware cryptocurrency wallets that compromises users' funds. A “man in the middle” attack (data interception) can be applied to wallets, which attempts to generate an address for receiving cryptocurrency, and more specifically Bitcoin, to another wallet.
Hackers who hacked the large cryptocurrency exchange Coincheck in Japan a week ago and, as a result, illegally withdrew $530 million in NEM cryptocurrencies, are already trying to sell the stolen assets.
YouTube users are concerned that their devices are slowing down while watching videos on the site because the advertisements have been hijacked by Coinhive code.
The FBI has issued a warning about an online scam that threatens people with death if they don't hand over their Bitcoin. The staff also published one of the letters that was sent to a Bitcoin investor. The letter demanded $2,800 in Bitcoin and said: "I'll be brief. I have been ordered to kill you."
The Opera browser, which has already provided computer users with anti-mining protection against malicious websites and programs in its new version, will now add a similar feature to smartphone browsers, the company said in a statement on January 22.
The IOTA community recently experienced a real disaster when several wallet owners reported funds missing from their accounts. This happened with the help of malicious websites that provided cryptocurrency owners with new wallet seeds.
Regardless of the wallet used, there is always a threat of losing funds. Let's try to figure out how to reduce the likelihood of a negative outcome.
Over the past year, Bitcoin has become a very popular cryptocurrency in South Africa. However, it appears that investing in cryptocurrencies has resulted in financial problems for some residents. Many South Africans are on the verge of bankruptcy after purchasing Bitcoin.
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