Vitalik Buterin Shares Thoughts on Ethereum Privacy Enhancement
As discussions about much-needed privacy improvements intensify among the Ethereum community, Vitalik Buterin, the co-creator of this blockchain platform, steps up to share his opinion.
cybersecurity
Hawk Raises $56 Million to Counter Financial Crime
Hawk, a fraud and money laundering prevention provider, raised $56 million.
Octane Raises $6.75 Million for Cybersecurity Solution for Blockchain
Octane startup, which operates in the cybersecurity area, has emerged from the shadows and announced that it has managed to raise $6.75 million as part of a seed funding round.
PeckShield Says Crypto Hacks Top $1.6 Billion
Data from blockchain security company PeckShield indicates that hackers stole more than $1.63 billion in cryptocurrency during the first quarter of the current year.
Highnote Chooses Feedzai AI Fraud Prevention for New Acquiring Business
Highnote is launching a new payment processing service with the assistance of Feedzai – an AI-driven financial crime prevention company.
Westpac to Enable Consumers to Block Accounts
Westpac, a financial institution operating in Australia and New Zealand, plans to allow its customers to block their accounts.
Blackwall Raises $49 Million
The Estonian-based cybersecurity company Blackwall raised 45 million euros (about $49 million) in a funding round.
Corsair Capital Acquires Stake in Platform IDnow
Investment company Corsair Capital has acquired a majority stake in the German IDnow identity verification platform.
Banking Giants Warn New AI Risks
Goldman Sachs, Citigroup, JPMorgan Chase, and other Wall Street companies have warned investors about new risks associated with scaling artificial intelligence using practices, including software hallucinations, employee-morale issues, AI leverage by cybercriminals, and the impact of changing laws around the world.
Visa Says About Results of Its Anti-Fraud Unit Activity
Visa said that its anti-fraud disruption department saved potential victims of scammers $350 million last year.
Global Digital ID Verification Checks to Grow 15% Over Next Year
The projected 15% increase in digital ID verification checks continues the growth trend seen in the previous year, when verification checks expanded by 16%, fueled by surging e-commerce transactions.
The Future of Security: How AI Gun Detection is Revolutionizing Safety
The Future of Security: How AI Gun Detection is Revolutionizing Safety In an era marked by increasing security challenges, especially concerning gun violence, traditional safety measures are no longer enough. Recent statistics indicate that mass shootings and active shooter incidents have become too frequent in schools, malls, and other public spaces. As communities seek proactive […]
Socure Unveils Identity Manipulation Risk Score to Combat First-Party Fraud
AI-driven digital identity verification and fraud prevention platform Socure has developed an innovative risk score to detect when users manipulate their identities and help address a $100 billion fraud problem.
Crypto Crime Volume Exceeds Expectations
Cryptocrime has begun to adapt to the space of a professionalized era dominated by artificial intelligence-driven scams, stablecoin laundering, and effective cyber syndicates.
Scammers Use Social Media Selfies and GenAI
The widespread availability of selfies on social media platforms has become a factor that has contributed to the fueling of artificial intelligence-powered scams.
Bybit Hack Consolidates Crypto Community
Bybit crypto exchange, which has suffered from the biggest industry hack to date, expressed its gratitude for the crypto community support while it works around the clock to enhance security measures and safeguard user funds.
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