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Five major banking industry groups have formally requested the Securities and Exchange Commission (SEC) to repeal its cybersecurity incident disclosure rule, arguing the regulation undermines national security efforts and creates more problems than it solves. The American Bankers Association led the

A data breach at Coinbase, allegedly triggered by a rogue employee and concealed for months, has sparked a firestorm of criticism across the cryptocurrency community. The incident has not only raised alarm over internal security failures at the U.S.’s largest crypto exchange by trading volume but ha

The cryptocurrency security company Safe Wallet has confirmed its infrastructure was exploited during the recent $1.5bn Bybit hack. The breach stemmed from a compromised developer machine that processed a disguised malicious transaction. "The forensic review of external security researchers did NOT

A devastating hack of cryptocurrency exchange Bybit has reignited concerns about blockchain security. North Korea's Lazarus Group successfully extracted $1.5 billion worth of digital assets last week. The theft of 401,000 ETH has become one of the largest cryptocurrency heists in history. The attack

In a recent session of the US House Financial Services Committee, California Representative Maxine Waters expressed concerns regarding potential corruption and national security risks stemming from President Donald Trump's memecoin. Waters criticized the absence of cryptocurrency oversight in the Re