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Crypto Cybersecurity Firm Ledger Hires In-House Security Officer As New CTO

Hardware wallet manufacturer Ledger has hired Charles Guillemet as chief technology officer (CTO) where he will oversee the company’s security operations.In a press release shared with CryptoX on Dec. 5, Ledger said that Guillemet has been in charge of the company's security assessments for Ledger’s products ever since he

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US Lawmakers Want to Brand Libra a Security, Association Disagrees

A couple of United States lawmakers are looking to classify stablecoins as securities. With Libra considering adopting fiat-pegged stablecoins rather than a single token supported by a basket of national currencies, the proposed crypto project might be facing yet another regulatory hurdle.Meanwhile, lawmakers sponsoring the bill say stablecoins should

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Security Firm ESET: Hackers Distribute Monero Cryptojacking Malware on YouTube

A recent report published by ESET, a cybersecurity company, has revealed the modus operandi of the Stantinko botnet, which has been distributing a Monero (XMR) cryptocurrency mining module through YouTube without the users’ knowledge or consent (cryptojacking).According to the report, the hackers have been installing malware content on YouTube channels

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Security Platform Is Up To $2.5B In Crypto Moved A Month 6 Months After Launch

Digital asset cybersecurity startup Fireblocks announced that it is currently moving more than $2.5 billion in cryptocurrencies each month.In a Nov. 26 press release, Fireblocks revealed that the company has seen a 400% increase in customer growth, and that crypto transfer volumes are growing 150% month to month since

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US Congress Introduces Bill Classifying Facebook’s Libra a Security

On Thursday, US congress has introduced a bill that would classify Facebook’s cryptocurrency Libra as a security. The new proposed law is likely to bring up larger issues of regulation and inspection to Facebook’s crypto project that the company introduced as an electronic payment system.Representatives Sylvia Garcia and Lance Gooden

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Blockchain Security Firm CertiK to Launch Beta for Smart Contracts-Focused Chain

The CertiK Foundation, an organization that develops security infrastructure for blockchains, will introduce the open beta of its CertiK Chain next week.Per a press release shared with CryptoX on Nov. 22, CertiK Foundation is about to launch the Testnet 3.0 open beta for CertiK Chain designed to enable smart

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