Binance CEO Changpeng Zhao has apologized for causing concern among the crypto community when he openly spoke about the possibility of a rollback for the Bitcoin blockchain following confirmation of a hack leading to the theft of USD 40 million worth of bitcoins on its platform.. The rollback had caused a sharp backlash, particularly among Bitcoin-only communities, aghast at the very concept ... "All the evidence suggests that cyberattackers are increasingly interested in cryptocurrencies," explains Raj Samani, chief scientist at cybersecurity firm McAfee. "In fact, McAfee researchers found that the spike in Bitcoin ... The world’s largest crypto exchange by volume, Binance, put forth an updated term of use agreement on 14 June 2019, which stated the retraction of trading benefits from the US customers. It stated: “Binance is unable to provide services to any U.S. person. Binance maintains the right to select its markets and jurisdictions to operate and may restrict or deny the Services in certain ... Noted the Chief Scientist at McAfee, Raj Samani. In the last quarter of 2017, attacks by coin miner malware stood at 400,000 but they now stand at 2,900,000 this year. Among the most notable criminal campaigns are the GhostSecret and Bankshot. GhostSecret is believed to be associated with Hidden Cobra, an international ring of cybercriminals who targeted entertainment, finance ... The head scientist at cybersecurity firm McAfee, Raj Samani, stated that the latest enrollment exercise by the Revil cyber gang was cause for worry. Back in 2019, McAfee portrayed the ring as the reincarnation of the GandCrab cyber gang , which interrupted the operations of 23 government-linked organizations in the United States While Slovak and Persian have been the latest language additions, the number of languages available at the website now rises to 28, according to Europol adviser and chief scientist at security firm McAfee, Raj Samani. These tools can be used to decrypt 84 ransomware families, with 52 free decryptions, Samani told reporters. McAfee’s chief scientist Raj Samani noted that these instances can even grow with the rising number of IoT devices in businesses and homes and given their unsecured nature. McAfee’s own threats report from August show that there is a 29 percent increase in crypto-jacking between Q4 2018 and Q1 2019 which was not a result only of the increase in IoT targeted attacks.
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