Microsoft’s Lack of Proper App Vetting Facilitates $588K Crypto Wallet Scam via Ledger Live

The scam was reported by blockchain security analyst ZachXBT on Sunday hence resulting in Microsoft removing the fake Ledger Live application to avoid further damage. Amid the mainstream adoption of the cryptocurrency market around the world, scams directed at both novice traders and veteran investors have evolved into sophisticated methods. In the past two weeks,…

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Wise Accidentally Facilitates Withdrawal for Sanctioned Russian

While the sum involved in this sanction violation might appear insignificant, it highlights the industry’s ongoing struggle to prevent breaches following global geopolitical events. British financial technology giant Wise Plc (LON: WISE) has found itself entangled in controversy after unintentionally allowing an individual on the Russian sanctions list to withdraw money. The Office of Financial…

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