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Crypto Miners Arrested for Compromising Nuclear Plant Security

The Security Service of Ukraine (SBU) has arrested power plant operators for mining cryptocurrency in the Yuzhoukrainsk nuclear power plant facility. English-language Ukrainian news site UNIAN reported the details of the arrest on Aug. 21. According to the report, the crypto miners compromised the nuclear facility’s security via their mining

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Bank of America Files a Patent for Multi-Tiered Digital Wallet Security

The US Patent and Trademark Office (USPTO) published a new patent application by Bank of America titled “Multi-Tiered Digital Wallet Security,” on August 15. As listed, the new patent’s system was invented by the banking firm’s senior technology manger, Manu Kurian.The patent was initially filed by Bank of America in

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Crypto Exchange Rokkex Incorporates Ledger Vault to Improve Security

French hardware wallet producer Ledger will provide its asset management system to Estonia-based crypto exchange Rokkex.Cybersecurity-focused exchangeBuilt by Lithuanian cybersecurity and fintech professionals, Rokkex will integrate its trading platform with Ledger’s enterprise wallet management solution Ledger Vault to secure its crypto assets, according to a press release shared with

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Winklevoss’ Gemini Crypto Exchange Hires New Chief Security Officer

Gemini, the cryptocurrency exchange and custody founded by the Winklevoss twins, has hired cybersecurity expert David Damato as its new chief security officer (CSO). Damato was previously the CSO of cybersecurity firm Tanium. Tyler Winklevoss announced the new hire in an official blog post on Aug. 19. According to the

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Korea’s Oldest Bank Is Building a Blockchain-Based Security System

South Korea’s oldest bank, Shinhan Bank, partnered with two other companies to develop a blockchain-based security solution.Korea’s Shinhan bank to enhance security with blockchainAccording to a report published on Aug. 14 by local news outlet TheKoreaTimes, Shinhan Bank signed a memorandum of understanding with financial technology startup Ground X

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TZERO Officially Launches Public Security Token Trading оn Schedule

Retail giant Overstock’s blockchain subsidiary company, tZERO, has opened up its preferred equity security tokens — dubbed TZROP — for trading by accredited and non-accredited investors.TZERO announced the news in a press release on Aug. 12, the previously proclaimed day of the launch. According to the announcement, the TZROP

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US Defense Dept. to Experiment With Blockchain-Based Security

The United States Department of Defense (DoD) is pursuing blockchain solutions for cybersecurity as part of its digital modernization strategy.The DoD released plans for blockchain tech in its four-year roadmap on July 12, entitled “DoD Digital Modernization Strategy: DoD Information Resource Management Strategic Plan FY19–23.”According to the report, the

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