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<channel>
	<title>cryptocurrency &#8211; Noise</title>
	<atom:link href="https://noise.getoto.net/tag/cryptocurrency/feed/" rel="self" type="application/rss+xml" />
	<link>https://noise.getoto.net</link>
	<description>The collective thoughts of the interwebz</description>
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		<title>Some Claude Chats Are Searchable on Google</title>
		<link>https://noise.getoto.net/2026/08/04/some-claude-chats-are-searchable-on-google/</link>
		
		<dc:creator><![CDATA[Bruce Schneier]]></dc:creator>
		<pubDate>Tue, 04 Aug 2026 10:13:58 +0000</pubDate>
				<category><![CDATA[AI]]></category>
		<category><![CDATA[chatbots]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[data privacy]]></category>
		<category><![CDATA[google]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">https://www.schneier.com/?p=72386</guid>

					<description><![CDATA[<p>And it’s <a href="https://www.404media.co/tons-of-peoples-claude-chats-and-creations-are-exposed-on-google/">personal information</a> (alternate <a href="https://archive.ph/sl7rU">link</a>):</p>
<blockquote><p>The exposed data includes an AI-powered therapy app that someone appears to have vibe-coded, notes on meetings, and a dashboard someone made apparently to analyze medical billing data. Exposed chats reportedly include private cryptocurrency wallet keys and personal information like peoples’ addresses.</p></blockquote>
<p>What seems to be the issue is a user setting about data sharing. Anthropic’s position is that it’s <a href="https://futurism.com/artificial-intelligence/claude-chats-publicly-accessible">not their problem</a>:</p>
<blockquote><p>“We give people control over sharing their Claude conversations publicly, and in keeping with our privacy principles, we do not share chat directories or sitemaps with search engines like Google,” the company said in a statement. “These shareable links are not guessable or discoverable unless people choose to share them themselves. When someone shares a conversation, they are making that content publicly accessible, and like other public web content, it may be archived by third-party services.”...</p></blockquote>]]></description>
		
		
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		<title>Critical Zcash Vulnerability Found and Fixed</title>
		<link>https://noise.getoto.net/2026/06/08/critical-zcash-vulnerability-found-and-fixed/</link>
		
		<dc:creator><![CDATA[Bruce Schneier]]></dc:creator>
		<pubDate>Mon, 08 Jun 2026 17:06:53 +0000</pubDate>
				<category><![CDATA[AI]]></category>
		<category><![CDATA[blockchain]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[vulnerabilities]]></category>
		<guid isPermaLink="false">https://www.schneier.com/?p=72153</guid>

					<description><![CDATA[<p>If you’re a user—owner?—of this cryptocurrency, <a href="https://securityaffairs.com/193224/hacking/claude-opus-found-a-four-year-old-hole-in-zcashs-privacy-layer-nobody-knows-if-someone-already-used-it.html">this</a> is important:</p>
<blockquote><p>On May 29, the security researcher Taylor Hornby found a critical vulnerability in Zcash Orchard privacy pool using Claude Opus 4.8. The Zcash team hired Hornby specifically to look for this kind of issue. He found one fast enough to be embarrassing.</p>
<p>The Orchard pool is the newest and most advanced shielded transaction system in the cryptocurrency Zcash. Introduced in 2022, it allows users to send and receive ZEC while keeping transaction details private. It uses zero-knowledge proofs to validate transactions without revealing amounts or participants. The bug: a specific check that was supposed to validate transaction inputs wasn’t actually enforcing the rules it appeared to enforce. An attacker could have exploited the flaw to feed false inputs into that check and generate ZEC from nothing, with the zero-knowledge proof system blessing the fraudulent transaction as valid...</p></blockquote>]]></description>
		
		
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		<title>Is “Satoshi Nakamoto” Really Adam Back?</title>
		<link>https://noise.getoto.net/2026/04/20/is-satoshi-nakamoto-really-adam-back/</link>
		
		<dc:creator><![CDATA[Bruce Schneier]]></dc:creator>
		<pubDate>Mon, 20 Apr 2026 11:07:25 +0000</pubDate>
				<category><![CDATA[Bitcoin]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[pseudonymity]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">https://www.schneier.com/?p=71964</guid>

					<description><![CDATA[<p>The <i>New York Times</i> has a <a href="https://www.nytimes.com/2026/04/08/business/bitcoin-satoshi-nakamoto-identity-adam-back.html">long article</a> where the author lays out an impressive array of circumstantial evidence that the inventor of Bitcoin is the cypherpunk Adam Back.</p>
<p>I don’t know. The article is convincing, but it’s written to be convincing.</p>
<p>I can’t remember if I ever met Adam. I was a member of the Cypherpunks mailing list for a while, but I was never really an active participant. I spent more time on the Usenet newsgroup sci.crypt. I knew a bunch of the Cypherpunks, though, from various conferences around the world at the time. I really have no opinion about who Satoshi Nakamoto really is...</p>]]></description>
		
		
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		<title>Possible US Government iPhone Hacking Tool Leaked</title>
		<link>https://noise.getoto.net/2026/04/02/possible-us-government-iphone-hacking-tool-leaked/</link>
		
		<dc:creator><![CDATA[Bruce Schneier]]></dc:creator>
		<pubDate>Thu, 02 Apr 2026 10:05:43 +0000</pubDate>
				<category><![CDATA[Apple]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[cybersecurity]]></category>
		<category><![CDATA[hacking]]></category>
		<category><![CDATA[ios]]></category>
		<category><![CDATA[iPhone]]></category>
		<category><![CDATA[Malware]]></category>
		<category><![CDATA[NSA]]></category>
		<category><![CDATA[russia]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">https://www.schneier.com/?p=71845</guid>

					<description><![CDATA[<p>Wired <a href="https://www.wired.com/story/coruna-iphone-hacking-toolkit-us-government/">writes</a> (alternate <a href="https://archive.ph/vN8U5">source</a>):</p>
<blockquote><p>Security researchers at Google on Tuesday <a href="https://cloud.google.com/blog/topics/threat-intelligence/coruna-powerful-ios-exploit-kit">released a report</a> describing what they’re calling “Coruna,” a highly sophisticated iPhone hacking toolkit that includes five complete hacking techniques capable of bypassing all the defenses of an iPhone to silently install malware on a device when it visits a website containing the exploitation code. In total, Coruna takes advantage of 23 distinct vulnerabilities in iOS, a rare collection of hacking components that suggests it was created by a well-resourced, likely state-sponsored group of hackers...</p></blockquote>]]></description>
		
		
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		<title>South Korean Police Accidentally Post Cryptocurrency Wallet Password</title>
		<link>https://noise.getoto.net/2026/03/17/south-korean-police-accidentally-post-cryptocurrency-wallet-password/</link>
		
		<dc:creator><![CDATA[Bruce Schneier]]></dc:creator>
		<pubDate>Tue, 17 Mar 2026 10:01:43 +0000</pubDate>
				<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[operational security]]></category>
		<category><![CDATA[South Korea]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">https://www.schneier.com/?p=71716</guid>

					<description><![CDATA[<p>An expensive <a href="https://www.bleepingcomputer.com/news/security/48m-in-crypto-stolen-after-korean-tax-agency-exposes-wallet-seed/">mistake</a>:</p>
<blockquote><p>
Someone jumped at the opportunity to steal $4.4 million in crypto assets after South Korea’s National Tax Service exposed publicly the mnemonic recovery phrase of a seized cryptocurrency wallet.</p>
<p>The funds were stored in a Ledger cold wallet seized in law enforcement raids at 124 high-value tax evaders that resulted in confiscating digital assets worth 8.1 billion won (currently approximately $5.6 million).</p>
<p>When announcing the success of the operation, the agency released photos of a Ledger device, a popular hardware wallet for crypto storage and management...</p></blockquote>]]></description>
		
		
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		<title>Phishing Attacks Against People Seeking Programming Jobs</title>
		<link>https://noise.getoto.net/2026/02/27/phishing-attacks-against-people-seeking-programming-jobs/</link>
		
		<dc:creator><![CDATA[Bruce Schneier]]></dc:creator>
		<pubDate>Fri, 27 Feb 2026 12:04:28 +0000</pubDate>
				<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[hacking]]></category>
		<category><![CDATA[Malware]]></category>
		<category><![CDATA[north korea]]></category>
		<category><![CDATA[Phishing]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">https://www.schneier.com/?p=71665</guid>

					<description><![CDATA[This is new. North Korean hackers are posing as company recruiters, enticing job candidates to participate in coding challenges. When they run the code they are supposed to work on, it installs malware on their system.
News article.
]]></description>
		
		
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		<title>Cryptocurrency ATMs</title>
		<link>https://noise.getoto.net/2025/10/16/cryptocurrency-atms/</link>
		
		<dc:creator><![CDATA[Bruce Schneier]]></dc:creator>
		<pubDate>Thu, 16 Oct 2025 11:06:51 +0000</pubDate>
				<category><![CDATA[atms]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[scams]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">https://www.schneier.com/?p=71010</guid>

					<description><![CDATA[CNN has a great piece about how cryptocurrency ATMs are used to scam people out of their money. The fees are usurious, and they&#8217;re a common place for scammers to send victims to buy cryptocurrency for them. The companies behind the ATMs, at best,...]]></description>
		
		
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		<title>Cryptocurrency Thefts Get Physical</title>
		<link>https://noise.getoto.net/2025/04/25/cryptocurrency-thefts-get-physical/</link>
		
		<dc:creator><![CDATA[Bruce Schneier]]></dc:creator>
		<pubDate>Fri, 25 Apr 2025 11:07:19 +0000</pubDate>
				<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[cybercrime]]></category>
		<category><![CDATA[kidnapping]]></category>
		<category><![CDATA[theft]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">https://www.schneier.com/?p=70170</guid>

					<description><![CDATA[Long story of a $250 million cryptocurrency theft that, in a complicated chain events, resulted in a pretty brutal kidnapping.
]]></description>
		
		
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		<title>North Korean Hackers Steal $1.5B in Cryptocurrency</title>
		<link>https://noise.getoto.net/2025/02/25/north-korean-hackers-steal-1-5b-in-cryptocurrency/</link>
		
		<dc:creator><![CDATA[Bruce Schneier]]></dc:creator>
		<pubDate>Tue, 25 Feb 2025 17:04:47 +0000</pubDate>
				<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[hacking]]></category>
		<category><![CDATA[north korea]]></category>
		<category><![CDATA[theft]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">https://www.schneier.com/?p=69956</guid>

					<description><![CDATA[<p>It looks like a <a href="https://arstechnica.com/security/2025/02/how-north-korea-pulled-off-a-1-5-billion-crypto-heist-the-biggest-in-history/">very sophisticated</a> attack against the Dubai-based exchange Bybit:</p>
<blockquote><p>Bybit officials <a href="https://announcements.bybit.com/article/incident-update---eth-cold-wallet-incident-blt292c0454d26e9140/">disclosed</a> the theft of more than 400,000 ethereum and staked ethereum coins just hours after it occurred. The notification said the digital loot had been stored in a “Multisig Cold Wallet” when, somehow, it was transferred to one of the exchange’s hot wallets. From there, the cryptocurrency was transferred out of Bybit altogether and into wallets controlled by the unknown attackers.</p>
<p>[…]</p>
<p>…a subsequent investigation by Safe found no signs of unauthorized access to its infrastructure, no compromises of other Safe wallets, and no obvious vulnerabilities in the Safe codebase. As investigators continued to dig in, they finally settled on the true cause. Bybit ultimately said that the fraudulent transaction was “manipulated by a sophisticated attack that altered the smart contract logic and masked the signing interface, enabling the attacker to gain control of the ETH Cold Wallet.”...</p></blockquote>]]></description>
		
		
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		<title>Scams Based on Fake Google Emails</title>
		<link>https://noise.getoto.net/2024/12/26/scams-based-on-fake-google-emails/</link>
		
		<dc:creator><![CDATA[Bruce Schneier]]></dc:creator>
		<pubDate>Thu, 26 Dec 2024 16:09:30 +0000</pubDate>
				<category><![CDATA[AI]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[cybercrime]]></category>
		<category><![CDATA[cybersecurity]]></category>
		<category><![CDATA[google]]></category>
		<category><![CDATA[scams]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">https://www.schneier.com/?p=69715</guid>

					<description><![CDATA[Scammers are hacking Google Forms to send email to victims that come from google.com.
Brian Krebs reports on the effects.
Boing Boing post.
]]></description>
		
		
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		<title>Criminal Complaint against LockBit Ransomware Writer</title>
		<link>https://noise.getoto.net/2024/12/23/criminal-complaint-against-lockbit-ransomware-writer/</link>
		
		<dc:creator><![CDATA[Bruce Schneier]]></dc:creator>
		<pubDate>Mon, 23 Dec 2024 17:04:02 +0000</pubDate>
				<category><![CDATA[courts]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[ransomware]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">https://www.schneier.com/?p=69710</guid>

					<description><![CDATA[The Justice Department has published the criminal complaint against Dmitry Khoroshev, for building and maintaining the LockBit ransomware.
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		<title>Perfectl Malware</title>
		<link>https://noise.getoto.net/2024/10/14/perfectl-malware/</link>
		
		<dc:creator><![CDATA[Bruce Schneier]]></dc:creator>
		<pubDate>Mon, 14 Oct 2024 11:06:27 +0000</pubDate>
				<category><![CDATA[attribution]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[hacking]]></category>
		<category><![CDATA[linux]]></category>
		<category><![CDATA[Malware]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">https://www.schneier.com/?p=69468</guid>

					<description><![CDATA[<p>Perfectl in an <a href="https://arstechnica.com/security/2024/10/persistent-stealthy-linux-malware-has-infected-thousands-since-2021/">impressive piece</a> of malware:</p>
<blockquote><p>The malware has been circulating since at least 2021. It gets installed by exploiting more than 20,000 common misconfigurations, a capability that may make millions of machines connected to the Internet potential targets, researchers from Aqua Security said. It can also exploit CVE-2023-33246, a vulnerability with a severity rating of 10 out of 10 that was patched last year in Apache RocketMQ, a messaging and streaming platform that’s found on many Linux machines.</p>
<p>The researchers are calling the malware Perfctl, the name of a malicious component that surreptitiously mines cryptocurrency. The unknown developers of the malware gave the process a name that combines the perf Linux monitoring tool and ctl, an abbreviation commonly used with command line tools. A signature characteristic of Perfctl is its use of process and file names that are identical or similar to those commonly found in Linux environments. The naming convention is one of the many ways the malware attempts to escape notice of infected users...</p></blockquote>]]></description>
		
		
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		<title>New Chrome Zero-Day</title>
		<link>https://noise.getoto.net/2024/09/10/new-chrome-zero-day/</link>
		
		<dc:creator><![CDATA[Bruce Schneier]]></dc:creator>
		<pubDate>Tue, 10 Sep 2024 11:04:29 +0000</pubDate>
				<category><![CDATA[chrome]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[microsoft]]></category>
		<category><![CDATA[north korea]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[zero day]]></category>
		<guid isPermaLink="false">https://www.schneier.com/?p=69337</guid>

					<description><![CDATA[According to Microsoft researchers, North Korean hackers have been using a Chrome zero-day exploit to steal cryptocurrency.
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		<title>Criminal Gang Physically Assaulting People for Their Cryptocurrency</title>
		<link>https://noise.getoto.net/2024/07/18/criminal-gang-physically-assaulting-people-for-their-cryptocurrency/</link>
		
		<dc:creator><![CDATA[Bruce Schneier]]></dc:creator>
		<pubDate>Thu, 18 Jul 2024 15:33:18 +0000</pubDate>
				<category><![CDATA[Bitcoin]]></category>
		<category><![CDATA[crime]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[extortion]]></category>
		<category><![CDATA[law enforcement]]></category>
		<category><![CDATA[physical security]]></category>
		<category><![CDATA[torture]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">https://www.schneier.com/?p=69175</guid>

					<description><![CDATA[<p>This is <a href="https://www.wired.com/story/crypto-home-invasion-crime-ring/">pretty horrific</a>:</p>
<blockquote><p>…a group of men behind a violent crime spree designed to compel victims to hand over access to their cryptocurrency savings. That announcement and the criminal complaint laying out charges against St. Felix focused largely on a single theft of cryptocurrency from an elderly North Carolina couple, whose home St. Felix and one of his accomplices broke into before physically assaulting the two victims—­both in their seventies—­and forcing them to transfer more than $150,000 in Bitcoin and Ether to the thieves’ crypto wallets...</p></blockquote>]]></description>
		
		
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		<title>Breaking a Password Manager</title>
		<link>https://noise.getoto.net/2024/06/04/breaking-a-password-manager/</link>
		
		<dc:creator><![CDATA[Bruce Schneier]]></dc:creator>
		<pubDate>Tue, 04 Jun 2024 11:08:16 +0000</pubDate>
				<category><![CDATA[Bitcoin]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[passwords]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">https://www.schneier.com/?p=68987</guid>

					<description><![CDATA[<p>Interesting <a href="https://www.wired.com/story/roboform-password-3-million-dollar-crypto-wallet/">story</a> of breaking the security of the RoboForm password manager in order to recover a cryptocurrency wallet password.</p>
<blockquote><p>Grand and Bruno spent months reverse engineering the version of the RoboForm program that they thought Michael had used in 2013 and found that the pseudo-random number generator used to generate passwords in that version—­and subsequent versions until 2015­—did indeed have a significant flaw that made the random number generator not so random. The RoboForm program unwisely tied the random passwords it generated to the date and time on the user’s computer­—it determined the computer’s date and time, and then generated passwords that were predictable. If you knew the date and time and other parameters, you could compute any password that would have been generated on a certain date and time in the past...</p></blockquote>]]></description>
		
		
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		<title>Using Hacked LastPass Keys to Steal Cryptocurrency</title>
		<link>https://noise.getoto.net/2023/09/18/using-hacked-lastpass-keys-to-steal-cryptocurrency/</link>
		
		<dc:creator><![CDATA[Bruce Schneier]]></dc:creator>
		<pubDate>Mon, 18 Sep 2023 11:02:52 +0000</pubDate>
				<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[operational security]]></category>
		<category><![CDATA[Password Safe]]></category>
		<category><![CDATA[passwords]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">https://www.schneier.com/?p=67783</guid>

					<description><![CDATA[<p>Remember last November, when hackers <a href="https://www.theverge.com/2022/12/22/23523322/lastpass-data-breach-cloud-encrypted-password-vault-hackers">broke into</a> the network for LastPass—a password database—and stole password vaults with both encrypted and plaintext data for over 25 million users?</p>
<p>Well, they’re now <a href="https://krebsonsecurity.com/2023/09/experts-fear-crooks-are-cracking-keys-stolen-in-lastpass-breach/">using that data</a> break into crypto wallets and drain them: $35 million and counting, all going into a single wallet.</p>
<p>That’s a really profitable hack. (It’s also bad opsec. The hackers need to move and launder all that money quickly.)</p>
<p>Look, I know that online password databases are more convenient. But they’re also risky. This is why my <a href="https://www.schneier.com/academic/passsafe/">Password Safe...</a></p>]]></description>
		
		
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		<title>Cryptocurrency Startup Loses Encryption Key for Electronic Wallet</title>
		<link>https://noise.getoto.net/2023/09/06/cryptocurrency-startup-loses-encryption-key-for-electronic-wallet/</link>
		
		<dc:creator><![CDATA[Bruce Schneier]]></dc:creator>
		<pubDate>Wed, 06 Sep 2023 11:05:27 +0000</pubDate>
				<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[encryption]]></category>
		<category><![CDATA[keys]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">https://www.schneier.com/?p=67749</guid>

					<description><![CDATA[The cryptocurrency fintech startup Prime Trust lost the encryption key to its hardware wallet&#8212;and the recovery key&#8212;and therefore $38.9 million. It is now in bankruptcy.
I can&#8217;t understand why anyone thinks these technologies are a goo...]]></description>
		
		
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		<title>Cryptographic Flaw in Libbitcoin Explorer Cryptocurrency Wallet</title>
		<link>https://noise.getoto.net/2023/08/10/cryptographic-flaw-in-libbitcoin-explorer-cryptocurrency-wallet/</link>
		
		<dc:creator><![CDATA[Bruce Schneier]]></dc:creator>
		<pubDate>Thu, 10 Aug 2023 11:12:46 +0000</pubDate>
				<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[keys]]></category>
		<category><![CDATA[random numbers]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">https://www.schneier.com/?p=67675</guid>

					<description><![CDATA[Cryptographic flaws still matter. Here&#8217;s a flaw in the random-number generator used to create private keys. The seed has only 32 bits of entropy.
Seems like this flaw is being exploited in the wild.
EDITED TO ADD (8/14): A good explainer.
]]></description>
		
		
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		<title>North Korea Hacking Cryptocurrency Sites with 3CX Exploit</title>
		<link>https://noise.getoto.net/2023/04/04/north-korea-hacking-cryptocurrency-sites-with-3cx-exploit/</link>
		
		<dc:creator><![CDATA[Bruce Schneier]]></dc:creator>
		<pubDate>Tue, 04 Apr 2023 14:10:27 +0000</pubDate>
				<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[cybersecurity]]></category>
		<category><![CDATA[hacking]]></category>
		<category><![CDATA[Malware]]></category>
		<category><![CDATA[north korea]]></category>
		<category><![CDATA[supply chain]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[vulnerabilities]]></category>
		<guid isPermaLink="false">https://www.schneier.com/?p=67148</guid>

					<description><![CDATA[<p><a href="https://www.wired.com/story/3cx-supply-chain-attack-north-korea-cryptocurrency-targets/">News</a>:</p>
<blockquote><p>Researchers at Russian cybersecurity firm Kaspersky today revealed that they identified a small number of cryptocurrency-focused firms as at least some of the victims of the 3CX software supply-chain attack that’s unfolded over the past week. Kaspersky declined to name any of those victim companies, but it notes that they’re based in “western Asia.”</p>
<p>Security firms CrowdStrike and SentinelOne last week pinned the operation on North Korean hackers, who compromised 3CX installer software that’s used by 600,000 organizations worldwide, according to the vendor. Despite the potentially massive breadth of that attack, which SentinelOne dubbed “Smooth Operator,” Kaspersky has now found that the hackers combed through the victims infected with its corrupted software to ultimately target fewer than 10 machines­—at least as far as Kaspersky could observe so far—­and that they seemed to be focusing on cryptocurrency firms with “surgical precision.”...</p></blockquote>]]></description>
		
		
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		<title>Nick Weaver on Regulating Cryptocurrency</title>
		<link>https://noise.getoto.net/2023/03/03/nick-weaver-on-regulating-cryptocurrency/</link>
		
		<dc:creator><![CDATA[Bruce Schneier]]></dc:creator>
		<pubDate>Fri, 03 Mar 2023 15:58:19 +0000</pubDate>
				<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[laws]]></category>
		<category><![CDATA[reports]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">https://www.schneier.com/?p=67011</guid>

					<description><![CDATA[<p>Nicholas Weaver wrote an <a href="https://law.yale.edu/sites/default/files/area/center/isp/documents/weaver_death_of_cryptocurrency_final.pdf">excellent paper</a> on the problems of cryptocurrencies and the need to regulate the space—with all existing regulations. His conclusion:</p>
<blockquote><p>Regulators, especially regulators in the United States, often fear accusations of stifling innovation. As such, the cryptocurrency space has grown over the past decade with very little regulatory oversight.</p>
<p>But fortunately for regulators, there is no actual innovation to stifle. Cryptocurrencies cannot revolutionize payments or finance, as the basic nature of all cryptocurrencies render them fundamentally unsuitable to revolutionize our financial system—which, by the way, already has decades of successful experience with digital payments and electronic money. The supposedly “decentralized” and “trustless” cryptocurrency systems, both technically and socially, fail to provide meaningful benefits to society—and indeed, necessarily also fail in their foundational claims of decentralization and trustlessness...</p></blockquote>]]></description>
		
		
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