Analysis
Notable crypto execs descended on Paris Blockchain Week, bringing more attention to personal security as kidnapping and ransom attempts skyrocket.
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Security News
Blockchain and cryptocurrency security is essential. After all, an autonomous monetary system can only go so far if it can be easily exploited by hackers, rendered inoperable through a mere software bug, or shut down by the powers that be.
Bitcoin’s unique security model is possible through a clever alignment of incentives between the network’s stakeholders — miners, developers, merchants and users. Any attempt to capture the network or reorganize the chain would result in the value of the currency plummeting and thus render any intended benefit completely worthless. The cost of being a bad actor significantly outweighs any possible reward.
Thus, it is in every participant’s best interest to simply play by the rules and collectively work toward the maturation and adoption of the Bitcoin (BTC) ecosystem.
Since its launch in January 2009, the Bitcoin network has never been compromised at the base layer and has had virtually 0% downtime, making it one of the most secure computer systems on the planet.
Cryptocurrency wallets, applications and exchanges that build products and services atop Bitcoin and other crypto networks, however, have frequently been the target of hacks and scams, highlighting the ongoing need to establish best practices around cybersecurity and operational security.
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Telegram CEO Pavel Durov cited claims the EU’s new age-check app was hacked in minutes, warning it could expand into wider online identity controls.
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CEO Tarek Mansour said in an interview that Kalshi would prevent kids from using a parent’s ID to skirt its age restrictions by launching a parent portal and AI verification.
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A Fake Ledger Live app on Apple’s store is tied to $9.5 million in crypto thefts, as ZachXBT links over 50 victims’ funds to a KuCoin-linked mixer and questions Apple’s liability.
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The exchange’s head of security said there had been two incidents involving “inappropriate access” to client data, involving about 2,000 user accounts.
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Not all Bitcoin faces the same level of risk from quantum computing. Dormant wallets with exposed public keys could be the first targets.
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Samson Mow pushes back against calls to rush Bitcoin’s move to post-quantum cryptography, warning it could introduce new vulnerabilities.
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Security companies flagged axios@1.14.1 and 0.30.4 as compromised, urging credential rotation and rollback of affected packages.
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Aimed at fighting organized crime groups, the new law allows confiscated assets including crypto to be used for ”police re-equipment, training, and special operations.”
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Investigators have frozen about $1.2 million as efforts continue to trace funds lost in a wallet breach linked to a seed phrase compromise.
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The Ethereum Foundation-linked Post-Quantum team says while the quantum threat isn’t imminent, deploying a full solution without disrupting the network will take years.
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Onchain analyst EmberCN warned that Siren’s rally may stem from one party cornering spot supply to profit via derivatives.
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Spain’s Civil Guard detained a suspect wanted by France over the 2025 kidnapping of Ledger co-founder David Balland, in a case tied to a wider wave of crypto-targeted abductions.
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The crypto industry has seen a number of regulatory changes over the past year, with the Canadian government taking a risk-management, rules-first approach.
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Researchers raised alarms over a Coinbase-linked Commerce page that prompted wallet recovery phrase entry, which Coinbase said was part of a legacy product now being retired.
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