India’s antitrust body has ordered an unusual recall of reports of an investigation that found Apple breached competition laws, after the US giant complained its commercial secrets were disclosed to opponents, including Tinder-owner Match. The move will prolong a procedure, begun in 2021 and already marred by delays, that centres on Apple’s alleged abuse of its … Read more
The CoinStats crypto portfolio app has decided to temporary pause all user activity after it become the latest victim of a security breach over the weekend. Cyber criminals behind the hack lured CoinStats users to click malicious links, falsely promising users of a reward worth 14.2 ETH or $48,128 (roughly Rs. 40.2 lakh). A total … Read more
Binance CEO Richard Teng, in a post on X, claimed that the exchange has managed to prevent losses of around $2.4 billion (roughly Rs. 20,130 crore) between January and July this year. According to Binance, over 1.2 million global users were protected against financial losses during this period. Touted as the largest crypto exchange in … Read more
A wallet security upgrade could be the reason why a long dormant Satoshi-era wallet moved over $8 billion worth of bitcoin (BTC) last week, according to on-chain analytics firm Arkham. On-chain data shows eight wallets, each holding 10,000 BTC since 2011, moved their funds to modern bc1q-style addresses, a more secure and efficient format than … Read more
The FBI has attributed the recent attack on Dubai-based Bybit crypto exchange to North Korean hackers. The agency has called on crypto firms to help block the stolen funds. According to Bybit CEO Ben Zhou, a hacker gained control of one of the exchange’s offline Ethereum wallets, resulting in a loss of nearly $1.5 billion … Read more
Illegal crypto mining operations in Malaysia spiked by 300 percent between 2018 and 2024, Malaysian publication The Star reported Monday, citing the country’s largest electricity utility company, Tenaga Nasional Berhad (TNB). In 2018, a total of 610 illegal mining cases were reportedly identified in Malaysia and the number spiked to 2,397 last year. Law enforcement … Read more
Cryptocurrency exchange Coinbase knew as far back as January about a customer data leak at an outsourcing company connected to a larger breach estimated to cost up to $400 million (roughly Rs. 3,420 crore), six people familiar with the matter told Reuters. At least one part of the breach, publicly disclosed in a May 14 … Read more