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BTC $67,209.75 +2.58%
ETH $1,961.99 +1.73%
BNB $625.73 +0.84%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $435.43 -1.14%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9138 -6.63%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

cyber

The Financial Services Agency of Japan has released a draft of the "Guidelines for Strengthening Cybersecurity for Cryptocurrency Exchanges" and is seeking public comments

According to Coinpost, the Financial Services Agency of Japan has released the "Cybersecurity Enhancement Guidelines (Draft) for Cryptocurrency Exchanges" and has begun a public consultation, with a deadline of March 11. The draft indicates that the methods of cyber attacks targeting cryptocurrency exchanges are becoming increasingly complex, with a rise in indirect attack methods such as social engineering and breaches through outsourced service providers. Relying solely on cold wallets is no longer sufficient to ensure security, and there is a need to strengthen overall supply chain security management.The draft also mentions suspected state-sponsored attacks and emphasizes the importance of asset protection from the perspective of national wealth preservation. The plan is based on three pillars: self-help, mutual assistance, and public assistance. In terms of self-help, it proposes to impose cybersecurity self-assessments on the cryptocurrency exchange industry starting from the fiscal year 2026 and to enhance security standards; for mutual assistance, it will strengthen the functions of industry self-regulatory associations and promote corporate participation in information-sharing organizations; for public assistance, it will continue to conduct international joint research, aiming for full industry participation in cybersecurity exercises within three years and conducting real environment penetration tests on some operators in 2026.

Guizhou Qiannan Cyber Police cracked a network pyramid scheme involving "virtual currency," arresting 15 criminal suspects

According to market news, Guizhou Qiannan Cybersecurity and Economic Investigation have collaborated to crack a "virtual currency" online pyramid scheme, successfully arresting 15 criminal suspects across multiple locations.Upon investigation, it was found that this pyramid scheme organization promoted the slogan "Everything valuable in the world can be tokenized," establishing a virtual currency platform without real-name transactions. They set up various levels, where members participated in the pyramid scheme by recharging and staking virtual currency, profiting through direct push rewards by developing downlines. It is a network pyramid scheme organization with more than three levels and thousands of participants.Criminal suspects Jia Moufu, Liu Mou, Duan Mouyao, and others set up a certain virtual currency online, using the lure of high returns from purchasing virtual currency to intentionally inflate the price of the virtual currency. They classified "identity levels" based on the amount purchased by members, with increasing returns as levels rose, encouraging "old members" to continue developing "new members" and attracting more people to participate in the pyramid scheme, achieving layered returns.The platform took advantage of most participants' lack of understanding of virtual currency, regularly conducting courses to promote phrases like "high returns, low risk," and assisted members in converting RMB into virtual currency through recharge services. Currently, all related suspects have been legally prosecuted.
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