financialsecurity

Cornell Researchers Uncover Concerns Over Evolving Techniques to Obfuscate Cryptocurrency Transactions

5 days ago

In recent developments, researchers from Cornell University have raised significant alarms regarding a novel method for obscuring cryptocurrency transactions. This new strategy has the potential to complicate the detection of illicit activities within blockchain networks, posing considerable challenges for regulatory authorities and law enforcement agencies.

Uganda's Central Bank Hacking Incident: Official Denial of $17 Million Theft

21 days ago

In a surprising turn of events, the Bank of Uganda has confirmed that it has fallen victim to a cyber attack, but it is refuting claims that a staggering $17 million was stolen during the incident. The bank acknowledged that unauthorized access had been gained to some of its systems, prompting concerns about the integrity of financial transactions and the safety of its operational infrastructure.