Articles for tag: cryptocurrency transactions, cyber security, financial inclusion, IoT applications, satellite technology, SEALCOIN, WISeKey

January 17, 2025

WISeKey Unveils Innovative Space-Based Crypto Network Powered by Satellite Blockchain Nodes for Enhanced Security and Connectivity

WISeKey has announced an exciting new partnership with its SEALCOIN cryptocurrency and the WISeSAT satellite platform. This integration allows secure cryptocurrency transactions to be processed through low-orbit satellites, making it possible for users to transfer money even in remote areas without internet access. The technology uses specialized satellites equipped with advanced security features, ensuring transactions ...

January 8, 2025

Market News

Crypto

PHP Server Vulnerability Leads to PacketCrypt Cryptocurrency Mining Exploitation: Protect Your Systems Now

A critical vulnerability in PHP servers, known as CVE-2024-4577, has been exploited to inject a cryptocurrency miner called PacketCrypt Classic. This flaw allows attackers to execute remote code on vulnerable PHP versions, particularly those running on Windows with Chinese and Japanese language settings. Identified by researcher Orange Tsai in June 2024, the vulnerability has been ...

January 5, 2025

Market News

Crypto

Cryptocurrency Wallet Drainers Steal $494 Million in 2024: What You Need to Know About This Growing Threat

In 2024, scammers stole an alarming $494 million in cryptocurrency through wallet drainer attacks, impacting over 300,000 wallet addresses. This represents a 67% increase from 2023, with fewer victims but higher average amounts lost. Notably, large-scale thefts exceeded $1 million each, with the biggest hitting $55.4 million early in the year. Ethereum was the most ...

December 24, 2024

Market News

Crypto

Hyderabad Police Arrest 21 for Converting Stolen Money into Cryptocurrency in Major Money Laundering Crackdown

In Hyderabad, the Telangana Cyber Security Bureau has arrested 21 individuals involved in a cybercrime scheme that aimed to convert stolen money into cryptocurrency. The suspects were part of a network that withdrew around 8.2 crore rupees from victims’ accounts using fraudulent methods before transferring the funds into cryptocurrency wallets linked to Dubai. Out of ...

December 18, 2024

Market News

Crypto

Cryptocurrency Fraud Surge: Unlocking New Growth Opportunities for the Insurance Industry

As cryptocurrencies become more popular, the risk of crypto fraud is increasing, prompting many people to consider crypto insurance. A recent GlobalData poll revealed that 44% of respondents are interested in purchasing insurance for their cryptocurrency wallets. Insurers have traditionally been cautious due to Market volatility, but the rising demand is pushing them to create ...

December 13, 2024

Market News

Crypto

Top 10 Payment Trends Shaping the Future: Mastercard’s Insights for 2025 and Beyond

Mastercard is leading the way in transforming the payments landscape, aiming to make online transactions easier and more secure by 2030 through innovations like tokenization and biometric authentication. With digital wallets becoming essential, especially in developing markets, Mastercard is revolutionizing how consumers make payments without physical cards. Emerging technologies such as generative AI are being ...

May 19, 2024

Market News

Business Current Affairs Today

50 Current Affairs Questions and Answers for Business category as on May 19, 2024

Stay updated with the latest happenings in the financial world with these 50 multiple-choice questions. Based on significant events and updates reported on May 19, 2024, this comprehensive quiz is perfect for those preparing for competitive exams or anyone keen on current affairs. Current Affairs Questions and Answers for Business category Q1: Which company announced ...