↘ Coinbase Suffers Major Loss in Cyber Attack, as Enlightify Inc. Invests Boldly in CYBER Coin.
Coinbase , a leading cryptocurrency exchange, has been the victim of a large-scale cyberattack , which the firm estimates could cost up to $400...
Recent news in the crypto space highlight concerns around cyber security, regulatory response, and the performances of various digital currencies. A teenage hacker reportedly made off with $243M worth of Bitcoin. Issues with cyber threat are particularly relevant in the Asia-Pacific region, given BlackBerry's expansion of its regional HQ. There is also notable interest in CYBER coin, with a 3oz Silver Cyber Queen Proof Coin slated for 2023.
Top gainers in the altcoin market include DEXTools, CYBER and MAP Protocol. Despite this, crypto exchange Coinbase is potentially facing significant losses from a cyber attack. A different perspective on cybercrime is offered in assessment of good and bad hackers as two sides of the same coin. Furthermore, Trump's 'cyber summit' gave digital currency a prominent role in the US.
Reports on 'major' cyber incidents involving senior officials further underline the importance of cyber security in the banking industry. Alleged 'cyber espionage' and crypto thefts have led to US sanctions against North Korean IT workers. Phantom Technologies, a crypto law firm, is currently involved in a lawsuit over a meme coin cyber breach.
Emerging trends include the formation of a Cyber and Emerging Technologies Unit by the SEC to combat crypto fraud. This goes hand in hand with establishment of a new development firm by Safe with the aim of attracting institutions and tackling the 'cyber warfare' era of crypto. As cyber scams, AI attacks and cyber attacks continue to pose a threat, this demonstrates the ongoing need for effective security measures in the crypto world.
CYBER Coin News Analytics from Mon, 06 Jun 2011 07:00:00 GMT to Wed, 13 Aug 2025 14:56:02 GMT - Rating -3 - Innovation 7 - Information 5 - Rumor -6