Security News

The US Department of Defense’s Chief Digital and Artificial Intelligence Office (CDAO) has concluded a pilot program focused on using AI chatbots in military medical services. In a Jan. 2 announcement, the DoD said the Crowdsourced AI Red-Teaming (CAIRT) Assurance Program pilot focused on using large-language models (LLM) for clinical note summarization and as medical advisers in the […]

Losses from crypto scams, exploits and hacks tapered off in the last months of 2024, with December registering as the smallest month of hacks in the entire year. Blockchain security firm CertiK said in a Dec. 31 post on X that there were $28.6 million known losses to exploits, hacks, and scams in December, compared to $63.8 million in […]

Less than a month before a new United States presidential administration and Congress are set to be sworn into office, many figures in the digital asset industry are speculating the change in leadership could lead to more favorable regulations and laws. For some executives, any change in policy from the US government could be apparent […]

The Chinese foreign exchange regulator introduced foreign exchange rules requiring the country’s banks to monitor and flag risky trades involving crypto assets. On Dec. 31, the South China Morning Post reported that mainland China’s new rules will make it more difficult for residents to buy digital assets. Under the rules, banks must monitor and report risky forex […]

A South Korean court issued an arrest warrant for President Yoon Suk Yeol, who was impeached and suspended from office following his attempt to impose martial law in early December. The Seoul Western District Court approved the warrant on Dec. 31, marking the first time a sitting South Korean president has faced an arrest warrant […]

Ethereum co-founder Vitalik Buterin called for Elon Musk to “turn down the temperature” amid a heated debate on his platform over foreign tech workers, which has stirred up new controversy over free speech. In a Dec. 31 post to X, Buterin said that while he admired Musk’s willingness to fight for freedom of speech, he asked for […]

Cryptocurrency wallet provider Tangem fixed a critical security vulnerability on its mobile app that collected certain users’ private keys via emails. The fix came after Redditors repeatedly called out Tangem for putting investors’ funds at risk by exposing their private keys on email accounts and to Tangem employees. On Dec. 29, a Reddit discussion on Tangem’s operations […]

Blockchain Bandit, a notorious hacker who stole 51,000 Ether mostly by successfully guessing weak private keys, has consolidated the funds into a single wallet after nearly two years of dormancy. The entire 51,000 Ether ETH$3,338.88 was transferred from 10 wallet addresses to multi-signature address “0xC45…1D542,” blockchain investigator ZachXBT said in a Dec. 30 Telegram post. The funds were transferred in mostly […]

Business intelligence firm and Bitcoin (BTC) investor MicroStrategy has acquired 2,138 BTC for $209 million, boosting its total holdings of the cryptocurrency. On Dec. 30, MicroStrategy announced that it added 2,138 BTC to its holdings between Dec. 23 and 29. The company said it used $209 million in cash to purchase the coins at an average price […]

The Hanoi City Police Department in Vietnam prevented 300 potential victims from investing in an elaborate crypto scam that had already defrauded 30 billion Vietnamese dong ($1.17 million) from about 100 businesses and 400 individuals. Hanoi police apprehended individuals connected to Million Smiles, a company that orchestrated an illegal and fraudulent crypto investment scheme targeting […]