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General Motors’ Finance Arm Joins Blockchain Data Security Initiative

United States automotive giant General Motors (GM) has become the latest member to join blockchain startup Spring Labs’ partner project to enhance data security, the company confirmed in a press release Feb. 11. GM, which has experimented…
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Cryptocurrency Exchanges Targeted by Fake Photo Scam

Research indicates that large cryptocurrency exchanges are increasingly being targeted by scammers using doctored photographs to trick two-factor authentication reset procedures. The attack once again highlights the importance of securing one’s…
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Gemini Crypto Exchange Undergoes Security Compliance and Data Protection Audit

Gemini crypto exchange, founded by brothers Cameron and Tyler Winklevoss, completed a SOC 2 Type 1 security compliance review, according to a post made on their Medium blog on Jan 29.   An organization that undergoes a Service Organizational…
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Linux-Targeting Cryptojacking Malware Disables Cloud-Based Security Measures: Report

A new cryptojacking malware has the ability to disable cloud-based security measures to avoid detection on Linux servers, research by information security company Palo Alto Networks Jan. 17 reveals. The malware in question mines Monero (XMR)…
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Why Facebook Should Not be Trusted With Cryptocurrency

The race to launch the first crypto powered messenger app is heating up. Naturally the internet monopolies such as Facebook are scrambling to be first, but looking at its history it is one of the least suitable to handle decentralized currencies.…