NFT News Official TheBitTimes.com

European prepaid card provider Bitsa has launched a new feature that enhances the privacy and security of its users. The Disposable Prepaid Card for Online Purchasing feature allows users to make purchases while protecting their financial information. You might also like: Bitsa Prepaid Crypto Card Adds Monero (XMR) Support The Disposable Prepaid Card for Online Purchasing feature offers several advantages for users, such as: Reducing the risk of identity theft or fraud, as users do not have to share their financial data with untrusted online stores or platforms. Avoiding censorship and intermediaries, with users being able spend their crypto directly without relying on banks, governments, or corporations. Controlling their spending, as customers can set a limit and an expiration date for each disposable card and activate or deactivate them at any time. The company explained in a press release that the feature is a game-changing innovation that leverages the power ...

ConsenSys head of developer community Francesco Andreoli explained that users could get more transaction insights through MetaMask Snaps. As malicious actors continue their attempts to steal users’ crypto assets, wallet provider MetaMask has developed a way to give users more insights into the transactions and interactions within the application.  In an interview with Cointelegraph, Francesco Andreoli, developer community head at ConsenSys, spoke about ensuring that the recently released MetaMask Snaps is secure for users. The executive highlighted the importance of consent and ensuring that users know each step of their journey across various chains and decentralized applications (DApps). Andreoli at his keynote speech at Blockchain Economy Dubai. Source: Cointelegraph As a wallet containing various users’ crypto assets, the security of MetaMask Snaps could be a concern for users before trying out the new feature. However, Andreoli noted that user consent is one of its main priorit...

Tips and tricks that help protect users from the perils of phishing scams that take place in the Web3 space. What are the main dangers and threats when interacting with websites in Web3?Why is bookmarking trusted websites in your browser critical for Web3 security?What are the risks of connecting your wallet to a website?How do hackers exploit seed phrases, and why is it critical to leave them confidential?What are the risks of signing messages on unfamiliar websites?How to minimize risks when interacting with Web3 websites? What are the main dangers and threats when interacting with websites in Web3? Although good-willed people try to flourish in the crypto economy, the crypto space is not completely free from malicious actors. Here are a few of the threats lurking in the shadows of the blockchain world: Phishing scams: The attacker sends mass emails or messages as the first step of a phishing attack. These emails or messages look like they are from a legitimate source, such as a wal...

The hackers behind the $41 million heist at the crypto casino Stake have reportedly transfer red $328,000 in Polygon (MATIC) and Binance coin (BNB) tokens. According to blockchain security firm CertiK, the latest transaction saw the transfer of 300 BNB tokens, valued at approximately $61,500, to an external address identified as “0x695…”, which were subsequently bridged to the Avalanche blockchain on Sept. 11 at 4:09 pm UTC. #CertiKSkynetAlert The @Stake exploit er has transfer red 300 BNB to EOA 0x695 Funds have been bridged to AVAX https://t.co/CcfRV7EGps — CertiK Alert (@CertiKAlert) September 11, 2023 Earlier the same day, an additional 520,000 MATIC tokens, with a market value exceeding $266,000 were relocated to the Avalanche network. This recent transfer of assets, amounting to $328,000, adds to the previously moved $4.5 million, which was transfer red to the Bitcoin blockchain as BTC on Sept. 7, as noted by blockchain security firm Arkham. You mig...

On-chain threat monitoring system AegisWeb3 has issued a warning on X, alerting the community against phishing attacks imitating Friend.tech. According to AegisWeb3, a phony X account called @friendtech_web3 recently announced an airdrop for the Friend token and directed users to a fraudulent website. ️ Beware of phishing websites impersonating @friendtech️ A FAKE Twitter account @friendtech_web3 recently posted a tweet promoting an airdrop for $FRIEND and directing users to a phishing website. This tweet has garnered significant attention, with 674.2K views so far.… pic.twitter.com/9w7lWHKKxR — AegisWeb3 (@AegisWeb3) August 21, 2023 The bogus tweet has received much attention, with over 674,000 views thus far. You might also like: What is Friend.tech, social platform earning over $1m in fees Aegis’ warning comes on the heels of another scam update from Certik, a platform known for sending real-time tips about crypto scams and hacks. #CertiKSkynetAlert We have...

The crypto community saw history being scripted yesterday. The judge in the SEC-Ripple case gave a mixed verdict, but the main takeaway was the declaration of XRP as a non-security. The sales on exchanges; sales by employees; distributions to developers, charities, etc. were off the radar. However, the judge ruled that the institutional sales of the tokens violated federal securities laws. Nevertheless, this will be contested in court again during subsequent proceedings. The only thing the Court found constitutes an investment contract is past direct XRP sales to institutional clients. There will be further court proceedings only on these institutional sales per the Court’s order. — Stuart Alderoty (@s_alderoty) July 13, 2023 Also Read: Spot Bitcoin ETF ‘Rejections’ Might Not Stop BTC’s Bull Run: Why? Coinbase volume spikes: Courtesy XRP? On the heels of the landmark ruling, several exchanges started considering re-listing the asset. Coinb...

Find out the latest developments in the crypto security sector straight from the source. Security is one of the biggest concerns among crypto enthusiasts, and with good reason. Cryptocurrencies, being decentralized and digital, are susceptible to various forms of cyberattacks, and digital wallets that store these assets can be easily transferred and stolen without the possibility of recovery. This has led to an increase in scams and malicious schemes aimed at stealing users’ coins and tokens. In this interview, Alex Dulub, a seasoned expert in the blockchain industry and a member of the Forbes Technology Council shares his views on what should be done for the Web3 space to become more secure. He has extensive experience in the field and shares the motivations behind creating Web3 Antivirus, a browser extension that helps protect crypto users from web3-specific scams and malicious attacks. Q: Security is one of the main concerns on crypto enthusiasts’ lists. Why is that, and what are ...