Bitcoin-friendly mobile top-up platform Bitrefill announced support for eSIM purchases with a number of cryptocurrencies. The service will allow travelers to have access to fast internet in different countries around the world after buying prepaid data plans using their digital coins. You Can Now Buy eSIM Cards From Bitrefill Using Your Crypto Wallet Bitrefill, a…
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The amount of social engineering attacks in the cryptocurrency industry has been rising, with major execs getting hacked recently. Binance CEO Changpeng “CZ” Zhao is the latest figure in the cryptocurrency industry to warn against the increasing number of phishing attacks. CZ took to Twitter on July 21 to warn his readers about phishing and…
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As SIM swap attacks are often seen as non-demanding in terms of technical skills, users must pay due diligence to their identity security. Despite the rise of cybersecurity infrastructure, the online identity still faces many risks, including those related to the hacks of one’s phone numbers. In early July, LayerZero CEO Bryan Pellegrino became one…
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The wireless carrier is accused of failing to protect its customers from SIM swappers’ lucrative heists. Telecoms provider T-Mobile has become the latest corporate name to come under fire for its alleged negligence and failure to protect customer information, which indirectly enabled a “SIM swap attack” that led to the successful theft of $450,000, or…
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FIX Network is partnering with NEM to provide a solution that prevents SIM swapping. In the US alone, over $55m has been stolen through SIM swapping attacks since 2018. NEM, a blockchain-based ecosystem, believes that decentralized apps could provide a meaningful solution to this problem. According to NEM, they’re working with a solution called “FIX…
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A 20-year-old has been charged for his role in dozens of SIM-swap attacks, including an attempt to extort a physician out of 100 Bitcoin. Californian Richard Yuan Li, 20, has been charged with conspiracy to commit wire fraud for his role in SIM-swap attacks targeting at least 20 individuals, as well as the attempted extortion…
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AT&T wants two claims of deceit and $200 million dismissed from the ongoing case over a crypto investor who lost $24 million to a SIM-swapping attack in January 2018. AT&T is again seeking to have punitive damages claims of $200 million dismissed in an ongoing court case between the telecoms giant and crypto investor Michael…
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