Both the high street and consumers have been keeping their eye on the rise and rise of digital disruptors such as Monzo, flooding the market in various shades of bubble-gum. And according to the Head of Information Security at a large European bank, there is a real cause for concern.
Recent research suggests that Lazarus is behind recent attacks targeting cryptocurrencies, including the theft of over $30 million from Bithumb.
PayPal has announced that it will be acquiring fraud prevention platform Simility for $120 million in cash.
Mobile AI tech company SensibleVision has announced its new 3DWALLET technology, designed to let retailers replace card and cash payments with a 3D facial recognition platform.
South Korean cryptocurrency exchange Bithumb has been hacked, resulting in the loss of roughly 35 billion Korean won (approx $31.5 million) worth of tokens.
Private equity firm Dunedin announced today that it has invested in the £44 million funding of Global Processing Services, the issuer processor behind many of the UK’s fintech startups and challenger banks.
Following an attack on South Korean cryptocurrency exchange Coinrail, cryptocurrency prices have dropped sharply, including a 10% drop in the value of bitcoin.
Cryptocurrency Verge has been hacked once again, resulting in the theft of approximately 35 million Verge coins, equivalent to over $1.7 million.
Around 215 Ether, or roughly $152,000-worth of the cryptocurrency, has been stolen from users of MyEtherWallet.com. At the heart of the hack was the abuse of a gaping flaw in the internet, one that highlights the fragility of the web’s infrastructure we use everyday.
We all know hackers sell your data online, but did you know that now they’re selling your selfies on the dark web, too?
