Blockchain specialist Chainalysis reports that at least $US718 million has been stolen so far in October alone by hackers from cryptocurrencies. That takes the gross stolen in the year past $US3 billion and on course to be a record for the total value hacked. The targets are predominantly decentralized finance (DeFi) protocols deploying software-based algorithms for crypto investors to bypass a central intermediary. Unfortunately, the security for DeFi has not grown with the sophistication of hackers. What we have seen … Continue reading “Crypto Hackers in 2022 on Track for Record Stolen with Over $US3 Billion Already”
Cybersecurity firm CrowdStrike reported first-quarter earnings Tuesday swinging to a profit with stronger revenue $CRWD also raised earnings guidance above expectations, sending shares up. Cloud-based security software customers include Amazon Web Services and Credit Suisse.
Cybersecurity firm CrowdStrike first day of trading on the Nasdaq saw $CRWD surge 90% from its IPO price of $34. $CRWD cloud-based security software customers include Amazon Web Services and Credit Suisse. PR from high profile hacking including North Korea, Russia and China help.
Bitcoin is currently the leading worldwide cryptocurrency and it is quickly becoming a popular alternative form of payment electronically. Be informed of the risks and how to counter them.