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Latest coverage for Cryptocurrency

Cryptocurrency security covers theft, fraud, ransomware payments, wallet compromise, and blockchain risks involving digital assets and transactions.

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Cryptocurrency is a digital asset secured by cryptography and recorded on a decentralized blockchain ledger. It enables peer-to-peer transactions without intermediaries, relying on consensus mechanisms like proof-of-work or proof-of-stake to validate and add transaction blocks. Users control funds through private keys, which are critical for accessing and transferring cryptocurrency.

From an information security perspective, protecting private keys is paramount, as their compromise leads to irreversible theft. Cryptocurrency exchanges and wallet software are frequent targets for hacking, requiring robust security controls and vulnerability management. Additionally, the pseudonymous nature of transactions can facilitate illicit activities, challenging efforts to trace funds and enforce compliance. Defenses include hardware wallets, multi-factor authentication, and secure key management practices to mitigate risks inherent in cryptocurrency operations.

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Also: AscendEX Shuts Down; Ethereum Foundation on AI Bug HuntingThis week, Ostium paused trading, AscendEX shut down, Ethereum said AI hastens bug hunting, not verification, the United States charged an inmate over seized transfer, ex-Sheriff's deputy jailed for extortion, Tangem card security, Iran-linked wallets sanctions and the U.S. may drop BitClub charges.

Bank Info Security 17 Jul 2026, 9:30 a.m. Theme · 6 stories America Artificial Intelligence Cryptocurrency Exploit Extortion Iran Jail Sanctions Shut Down

Also: Binance Eyes More Asia Licenses, India Pushes Fresh Crypto CurbsThis week, the U.S. Securities and Exchange Commission eyes July for a crypto rule proposal, Binance anticipates more Asian business, Malaysia seized 75,000 crypto mining rigs, India's central bank shooed away banks from crypto, and Interpol helped sweep crypto launderers.

Bank Info Security 10 Jul 2026, 5:30 a.m. Theme · 6 stories America Banking Cryptocurrency Finance India Malaysia Proposal

Also: Zcash Patches Flaw, $32M Humanity Protocol HackThis week, a key player in a $97M laundering scheme got prison time, Humanity Protocol suffered $32M in losses, Zcash patched a flaw, the EU targeted crypto platforms tied to Russia, authorities froze $3.8M in illicit funds and researchers exposed a Trezor chip weakness.

Bank Info Security 12 Jun 2026, 6:30 a.m. Theme · 6 stories Cryptocurrency Exposure Flaw Hacking Money Laundering Patch Prison Research Russia
Bank Info Security 1 month, 1 week ago

Cryptohack Roundup: US Strikes Iran's Crypto Network

Also: Former Hodlnaut CEO Charged and Stake DAO Hit by ExploitEvery week, ISMG rounds up cybersecurity incidents in digital assets. This week, the U.S. sanctioned Iran's largest exchange, ex-Hodlnaut CEO faced charges, the U.S. Securities and Exchange Commission sued over a $12.3M AI crypto scam and exploits hit Gravity Bridge, Stake DAO and Gnosis Pay.

Bank Info Security 5 Jun 2026, 7:00 a.m. Theme · 6 stories America Artificial Intelligence Cryptocurrency Exploit Iran Lawsuit Scam
Bank Info Security 1 month, 2 weeks ago

Cryptohack Roundup: US Sanctions Hit Sinaloa Cartel Networks

Also: UK Sanctions HTX-Linked EntityThis week, the U.S. sanctioned Sinaloa Cartel-linked networks, the U.K. sanctioned a HTX-linked entity, Syndicate Labs shuttered, Missouri sued CoinFlip, Verus attacker took a bounty deal, StablR was exploited and malicious packages targeted crypto developer systems.

Bank Info Security 29 May 2026, 4:30 a.m. Theme · 6 stories America Bug Bounty Cryptocurrency Lawsuit Sanctions United Kingdom
Bank Info Security 1 month, 3 weeks ago

Cryptohack Roundup: US Extradition of Accused in $340M Scam

Also: Hackers Stole From Verus Bridge, ThorChain and Echo ProtocolThis week, Forsage's co-founder was extradited to the U.S. over a $340M scam, hackers stole from Verus Bridge, ThorChain and Echo Protocol, ZachXBT alleged insider control behind LAB token surge, an Ohio man was sentenced in a Ponzi scheme case and crypto ATM scams cost Americans $388M in 2025.

Bank Info Security 22 May 2026, 4:00 a.m. Theme · 6 stories America Cryptocurrency Extradition Scam