June 21 (Cointime) - During her speech at the FIA International Derivatives Expo Conference, Christy Goldsmith Romero, Commissioner at the U.S. Commodity Futures Trading Commission (CFTC), warned that cyber hackers are becoming more coordinated, innovative, and resourced.

June 21 (Cointime) - Over 101,100 OpenAI ChatGPT account credentials were stolen and sold on illicit dark web marketplaces between June 2022 and May 2023, with India accounting for 12,632 stolen credentials. Information stealers like Raccoon, Vidar, and RedLine were used to breach the accounts, with the majority of the logs containing compromised ChatGPT accounts (78,348) being breached by Raccoon.

June 19 (Cointime) - The infamous Euler hacker, who returned $200 million in stolen cryptocurrency, has resurfaced with cryptic messages encoded within transactions. The messages, written in Spanish, urge beginner hackers to pursue ethical bounties instead of engaging in illicit activities.

Bitboy Crypto's Twitter account was recently breached in a calculated sim-swapping attack that led to the loss of investor trust. The attacker used a phishing website to lure unsuspecting followers into signing over control of their assets. The attack resulted in the attacker accruing $760,000 in financial inflows.

Match Systems, a cybersecurity company specializing in financial crime detection, compliance, and risk management, is investigating the recent compromise of Atomic Wallet. Over 100 users were affected by the incident, with losses estimated to be between $35 to $50 million.

Zero-knowledge proofs (ZKs) are gaining popularity in the cryptocurrency world, as they allow individuals to prove knowledge without revealing it, which is useful for maintaining privacy in banking and employment.

Michael Saylor, the executive chairman of MicroStrategy, believes that Bitcoin could be the solution to combat cybersecurity threats driven by artificial intelligence, such as deepfake. He explained that billions of fake accounts are behind a digital "civil war" in today's society, stirring up hatred among real users of digital platforms. Saylor receives nearly 2,000 fake followers every day and believes that the solution for deepfake and other digital trust issues lies in decentralized identities (DIDs). Companies like MicroStrategy, Open AI, and Polygon are working on encrypted signatures and decentralized identity solutions to combat these issues.

The remarkable tool can help uncover notable security risks linked to custom function modifiers in Ethereum smart contracts

The NYDFS has ordered BitFlyer USA to pay a $1.2 million fine for multiple deficiencies in its cybersecurity program, but endorsed the company's efforts to upgrade itself by the end of 2023. Crypto exchanges licensed by the regulator should set up an appropriate cybersecurity program to protect clients from potential internal and external cyber risks.

Forta Network, a Web3 cybersecurity firm, leverages machine learning models to monitor more than $40 billion in on-chain assets for its clients, which include Polygon, Compound, Lido, ZenGo, and Euler Finance, a crypto lending platform that lost $200 million in a cyber attack last month. Although the Forta system recognized malicious activity on Euler's blockchain protocol and alerted the company, it was not able to act quickly enough to prevent funds from being stolen. However, after negotiations with the hacker, customers were made whole. Forta's Christian Seifert, a former Principal Group Manager of Microsoft's cyber security and threat detection team, believes AI is an essential part of threat detection but also sees the downside of AI in its potential manipulation of OpenAI's ChatGPT. Seifert notes that while AI technology can enable more customized social engineering attacks, chatbots with large language models also have the potential to assist incident responders and transform technical data into natural language. According to a Pew Research study of US adults, 32% believe AI will have a mostly negative impact on workers, but Seifert is in the minority, believing that AI is a tool that augments and supports humans, not replace them.