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Chinese president calls for unity on AI challenges and cyber development

Chinese President Xi Jinping addressed an audience on Nov. 8 at the World Internet Conference Summit in Wuzhen, China, calling for international cooperation on the risks posed by artificial intelligence (AI).Xi’s speech, pre-recorded and broadcast at the conference, stressed the need for “deepened” exchanges and cooperation to “jointly advance the

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FTX restores customer claims portal after cyber breach

Bankrupt crypto exchange FTX reinstated the functionality of its customer claims portal with enhanced security measures following a recent cyberattack on non-sensitive data. Customers can now resume submitting claims for assets held before the exchange declared insolvency in November 2022. FTX suffered a cyberattack that led to a temporary shutdown. The

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FTX bolsters claims portal security measures following cyber breach

Bankrupt cryptocurrency exchange FTX has restored its customer claims portal, which was previously shut down due to a cyber attack. Claimants can now continue to submit asset claims they held on the exchange before it became insolvent. On September 16, FTX made a statement on X (formerly Twitter), confirming that none

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Binance to reimburse users $1M for Cyber Earn incident

Crypto exchange Binance is refunding users 1 million Tether ($1 million) over its handling of the CyberConnect (CYBER) token incident.As narrated by the exchange on Sept. 7, a price discrepancy on listed CYBER tokens occurred the week prior due to a liquidity crunch constricting CYBER cross-chain bridges on Korean cryptocurrency

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Seoul to target North Korea’s illicit crypto assets with a new cyber bill

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied South Korea is getting ready to upgrade its cybersecurity to stop North Korean cyberattacks, especially those involving cryptocurrencies. Local reports indicate that high-ranking government officials view crypto as a crucial facilitator of Pyongyang’s illicit weapons programs, highlighting

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Social Network CyberConnect’s CYBER Tokens Soar, Driving Up the Cost of Margin Trading

CyberConnect lets developers create applications related to digital identity, content and friendships on the blockchain. It also offers CyberGraph, a smart contract to record users’ content and social connections, and CyberID, an ERC-721 token that represents a unique handle for user accounts within the CyberConnect ecosystem. Source

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FTX suspends user accounts amid Kroll cyber breach concerns

Following the recent Kroll cybersecurity breach, FTX Derivatives Exchange, a financially distressed cryptocurrency trading company, has opted to temporarily suspend accounts of impacted users accessing its claims portal.FTX's decision which was posted on X (formerly known as Twitter) was undertaken as a proactive measure aimed at preventing the occurrence of

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Firms have mere hours to deflect cyber attacks, warns cybersecurity CEO

Palo Alto Networks CEO Nikesh Arora has urged companies to modernize their cybersecurity systems, cautioning that bad actors have become much faster at breaching company defenses than ever before. Speaking to Jim Cramer on CNBC’s “Mad Money” on Aug. 21, the cybersecurity firm CEO said that companies with outdated security systems

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