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Cryptocurrency Startup Loses Encryption Key for Electronic Wallet

Schneier on Security

The cryptocurrency fintech startup Prime Trust lost the encryption key to its hardware wallet—and the recovery key—and therefore $38.9 I can’t understand why anyone thinks these technologies are a good idea. It is now in bankruptcy.

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The GitVenom campaign: cryptocurrency theft using GitHub

SecureList

stealer that collects information such as saved credentials, cryptocurrency wallet data and browsing history, packs it into a.7z com/Dipo17/battle ) and execute them. These components were as follows: A Node.js 7z archive and uploads it to the attackers via Telegram. Notably, the attacker-controlled Bitcoin wallet ( ID: bc1qtxlz2m6r[.]yspzt

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LW ROUNDTABLE:  Predictive analytics, full-stack visualization to solidify cyber defenses in 2025

The Last Watchdog

To wrap up our 2024 year-end roundtable, we turn our attention to new technologies and trends that are emerging to help bridge the gaps. Quantum computing advances are making traditional encryption obsolete, and adversaries are stockpiling data for future decryption.

Risk 173
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Cryptocurrencies and cybercrime: A critical intermingling

Security Affairs

As cryptocurrencies have grown in popularity, there has also been growing concern about cybercrime involvement in this sector Cryptocurrencies have revolutionized the financial world, offering new investment opportunities and decentralized transactions.

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5 pro-freedom technologies that could change the Internet

Malwarebytes

After a good start, the Internet-enabled, technological revolution we are living through has hit some bumps in the road. To celebrate Independence Day we want to draw your attention to five technologies that could improve life, liberty and the pursuit of happiness on the Internet. DNS encryption. Onion networking.

Internet 120
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NEW TECH: Can MPC — Multi Party Computation — disrupt encryption, boost cloud commerce?

The Last Watchdog

Encryption is a cornerstone of digital commerce. Related: A ‘homomorphic-like’ encryption solution We know very well how to encrypt data in transit. And we’ve mastered how to encrypt — and decrypt — data at rest. PKI is the authentication and encryption framework on which the Internet is built.

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Top Cybersecurity Trends to Watch Out For in 2025

Centraleyes

As we approach 2025, the cybersecurity landscape is evolving rapidly, shaped by technological advancements, regulatory shifts, and emerging threats. By 2027, 75% of employees are expected to acquire or modify technology outside of ITs control, up from 41% in 2022. To keep up, organizations must stay ahead of these developments.