Category: Cybersecurity

Ripple Reveals Plan To Make XRP Ledger Quantum Resistant By 2028

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Ripple Reveals Plan To Make XRP Ledger Quantum Resistant By 2028

Ripple has published a detailed roadmap to make the XRP Ledger (XRPL) fully quantum-resistant by 2028. The plan covers four phases, starting with emergency preparedness and ending with a full protocol upgrade. The move comes after Google Quantum AI research confirmed that the cryptography most blockchains rely on today could be broken by a powerful enough quantum computer. Why Quantum Computing is a Real Threat To Crypto The concern is not just theoretical anymore. Quantum computers are built differently from classical machines. Where a traditional computer processes data in binary,…

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US DOJ strike force freezes $701M in crypto in scam crackdown

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US DOJ strike force freezes $701M in crypto in scam crackdown

The US Department of Justice revealed on Thursday that it has frozen more than $701 million in crypto linked to investment scams targeting Americans as part of an ongoing operation. The US Scam Center Strike Force and its law enforcement partners targeted scam centers aimed at Americans, the US Attorney’s Office for the District of Columbia said Thursday. The cryptocurrency was “restrained” through voluntary actions by crypto exchanges and legal processes, it added. “The Scam Center Strike Force continues its work to identify, seize, and forfeit funds involved in money…

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Crypto hackers target Trezor and Ledger users in theft campaign

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Crypto hackers target Trezor and Ledger users in theft campaign

Crypto hackers are sending physical letters impersonating Trezor and Ledger to steal cryptocurrency wallet recovery phrases. The phishing campaign claims recipients must complete mandatory “Authentication Check” or “Transaction Check” procedures. The hackers are also creating urgency through deadlines of February 15, 2026 for Trezor. Letters printed on official-looking letterhead direct users to scan QR codes leading to malicious websites. The phishing sites request 24-, 20-, or 12-word recovery phrases under the pretense of verifying device ownership. Once entered, recovery phrases transmit to threat actors through backend API endpoints, granting attackers…

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MetaMask users suffer 2FA security verification phishing scam

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MetaMask users suffer 2FA security verification phishing scam

Crypto wallet MetaMask has announced that its users were victims of a 2FA security verification phishing scam, urging users to be vigilant. The fake email requested that MetaMask users update their 2FA security verification credentials by January 4, 2026, or else they would have limited access to key wallet features. 23pds, partner and CISO at blockchain security firm SlowMist, was among the first industry KOLs to issue this phishing notice on social media early on January 5. The security researcher also cautioned MetaMask users to remain vigilant when handling emails…

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Hackers Leverage Malicious PyPI Package to Attack Users and Steal Cryptocurrency Details

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Hackers Leverage Malicious PyPI Package to Attack Users and Steal Cryptocurrency Details

A dangerous malware campaign has surfaced targeting cryptocurrency users through a deceptive Python package hosted on the PyPI repository. The threat actors disguised their malicious code within a fake spell-checking tool, mimicking the legitimate pyspellchecker package that boasts over 18 million downloads. This supply chain attack represents an evolving threat landscape where attackers exploit trusted software repositories to distribute remote access trojans and credential harvesting tools to unsuspecting developers worldwide. The malicious package, designed to steal sensitive cryptocurrency information, employs sophisticated obfuscation techniques and multiple encryption layers to evade detection.…

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Crypto Claims Disputed as ISO Rejects Token Compliance Status

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Crypto Claims Disputed as ISO Rejects Token Compliance Status

A wave of discussion has emerged across the crypto community following renewed scrutiny of long-circulating claims that certain cryptocurrencies are “ISO 20022 compliant.” The debate resurfaced as industry commentators highlighted code references related to XRP and RippleNet. At the same time, the International Organization for Standardization (ISO) confirmed that cryptocurrencies themselves are not granted any form of ISO certification. ISO Clarifies No Cryptocurrency Holds Compliance Status According to posts shared by analysts, Mansingh Rajput, ISO’s own website states that no cryptocurrency meets any form of ISO 20022 compliance. ISO pointed…

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Vitalik Buterin Proposes Ethereum Address Recovery Feature to Enhance Wallet Security

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Vitalik Buterin Proposes Ethereum Address Recovery Feature to Enhance Wallet Security

Vitalik Buterin, co-founder of Ethereum, recently suggested a feature that allows users to set Ethereum addresses as a recovery method for their wallets. This innovative approach aims to enhance security and user trust within the Ethereum ecosystem. How Could This Feature Enhance Security? The proposed recovery method could significantly improve the management of digital assets. By allowing users to recover access through Ethereum addresses, the risk of losing access to wallets is reduced. This could make Ethereum more appealing to both new and existing users. What are the benefits of…

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Cryptomixer founders pled guilty to laundering money for cybercriminals

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Cryptomixer founders pled guilty to laundering money for cybercriminals

The founders of the Samourai Wallet (Samourai) cryptocurrency mixer have pleaded guilty to laundering over $200 million for criminals. ​Samourai CEO Keonne Rodriguez and CTO William Lonergan Hill admitted to their involvement in the Samourai money laundering operation, pleading guilty to conspiracy for operating a money transmitting business that handled criminal proceeds, and are now facing a maximum sentence of five years in prison. As part of their plea agreements, Rodriguez and Hill have also agreed to forfeit $237,832,360.55. The two defendants were arrested in April 2024 and charged by…

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MicroStrategy’s X Account Compromised

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hacker security crypto X

MicroStrategy’s X account has been hacked, with malicious links posted to a fake airdrop of a so-called “official” Ethereum-based MSTR token. Users who clicked on the links were directed to a copycat MicroStrategy webpage that prompted them to connect their wallets and claim the fake airdrop. Once users granted the necessary permissions, the attackers were able to automatically drain their wallets. According to blockchain sleuth ZachXBT and anti-scam platform Scam Sniffer, losses from the scam have already exceeded $440,000. One user alone lost over $420,000 worth of altcoins, including wBAI,…

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North Korea hackers stole as much as $1.7bn in 2022

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hacker North Korea security

Cyber hackers backed by North Korea carried out a theft of $1.7bn (£1.4bn) of crypto in 2022, taking the previous record of cryptocurrency threat up by at least four times, according to a report by a blockchain analysis firm. The past year was on record “the biggest year ever for crypto hacking”, Chainalysis said in its report. Isolated in the global market and reeling under international sanctions, cybercriminals in North Korea are allegedly turning to crypto theft to aid its booming nuclear arsenal. “For context, North Korea’s total exports in…

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