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March 2, 2023

Bybit CEO: Crypto establishes new standards for traditional finance’s proof of reserves

The future of the crypto industry is one step closer to its full potential, now trust and transparency is at the forefront, said Bybit CEO Ben Zhou.
by News Desk | 2 min read
February 24, 2023

Phishing attacks exploiting Google services rise by 189% due to Cryptoscams

Kaspersky is highlighting the surge in attempts to access phishing resources mimicking Google services. In January 2023, experts witnessed a 189% increase in attempts worldwide
by News Desk | 2 min read
February 21, 2023

Bybit CEO to unveil vision for Crypto Exchange Industry at Blockchain Life Conference

Bybit, the third most visited crypto exchange in the world, is pleased to announce that its CEO and co-founder, Ben Zhou, will be speaking at this year's Blockchain Life Conference in Dubai on Feb 27.
by News Desk | 2 min read
February 3, 2023

Sophos uncovers fake crypto trading apps on Apple’s App Store

Sophos, a global company in innovating and delivering cybersecurity as a service, today released new findings on CryptoRom scams—elaborate financial fraud schemes that prey on and trick dating app users into making fake cryptocurrency investments—in its latest report
by News Desk | 3 min read
January 19, 2023

Report by Chainalysis shows illicit cryptocurrency volume seeing an all-time high in 2022

Despite the market decline for cryptocurrencies, the volume of unlawful […]
by News Desk | 2 min read
December 16, 2022

CoinMENA and MAG partner to facilitate crypto-based property transactions

MAG, the UAE's real estate developer, has signed an agreement with CoinMENA, a Middle East and North Africa (MENA) crypto asset service provider, to facilitate real estate purchases using cryptocurrencies and accelerate the growth of Dubai's new economy.
by News Desk | 2 min read
December 9, 2022

SunMoney Solar Group launches asset-backed cryptocurrency

SunMoney Solar Group, which operates the world's largest Community Solar Power Program, has recently opened applications for its own value-generating asset-backed cryptocurrency token, the SDBN2 token.
by | 2 min read
September 15, 2022

Cryptomining attacks gain momentum in the Middle East

Kaspersky solutions detected 40,788 new miner modifications in Q2 2022. According to Kaspersky Security Network data in the Middle East, the number of attempts by attackers to run cryptominers on corporate machines increased in Q2 2022 compared to the previous quarter.
by News Desk | 2 min read
August 22, 2022

Report shows crypto-criminal activity fell in 2022

Total cryptocurrency-related scam revenue for 2022 is currently $1.6 billion, 65% lower than it was through the end of July in 2021, and this decline appears to be linked to declining currency prices.
by News Desk | 2 min read
August 15, 2022

DeathStalker mercenaries attacking cryptocurrency

ccording to recent analysis, the threat actor updated its evasive "VileRat" toolset in 2022 to attack cryptocurrency and foreign currency exchange companies in Bulgaria, Cyprus, Germany, the Grenadines, Kuwait, Malta, the United Arab Emirates, and Russia.
by News Desk | 2 min read