Security

Malware Crypto Ransoms Rose By Almost 90% in Q1: Report

| Daniel Palmer

The average payout for ransomware attacks rose dramatically in the first quarter of 2019 – largely due to one variant called Ryuk.

PayPal Wins Patent for Way to Defend Against Crypto Ransomware

| Yogita Khatri

Online payments giant PayPal has been awarded a patent for a technique that could detect a type of crypto malware and mitigate its effects.

Binance Partners With CipherTrace in Latest Compliance Push

| Leigh Cuen

Binance is partnering with the blockchain analytics firm CipherTrace to beef up its anti-money laundering procedures.

US Energy Department Eyes Blockchain to Prevent Power Plant Cyberattacks

| Yogita Khatri

A U.S. Department of Energy lab is exploring blockchain technology as a line of defense against cyberattacks on power plants.

Hold-It-Yourself Crypto Exchange LGO to Roll Out Hardware Wallet in Q2

| Anna Baydakova

Non-custodial exchange LGO Markets has built its own hardware storage device and will also offer multi-signature wallets through BitGo.

Kraken Ramps Up Security With Enforced 2FA and Dedicated Lab

| Yogita Khatri

Crypto exchange Kraken is embarking on a security drive, introducing compulsory two-factor authentication and a dedicated security lab.

hacker, dark web

Most Crypto Exchanges Still Don’t Have Clear KYC Policies: Report

| Leigh Cuen

Regtech startup Coinfirm has found that only 26 percent of crypto exchanges have a "high" level of anti-money laundering procedures.

Binance Tightens Compliance, Turning to IdentityMind for KYC

| Yogita Khatri

Binance is moving to boost compliance and data security through a new partnership with Medici Ventures portfolio firm IdentityMind.

BitGo Adds Custody Support for Blockchain Capital’s Security Token

| Yogita Khatri

Cryptocurrency custodian BitGo now lets clients compliantly store the BCAP security token from venture capital firm Blockchain Capital.

caution, wet floor

Caution and Crypto Custody: Convenient Companions

| Noelle Acheson

Crypto custody is more complex than most of us realize, explains Noelle Acheson. Caution is wise, even if it slows institutional involvement.