AUSTRALIA - A South Australian woman narrowly avoided a complete financial disaster after falling victim to a sophisticated business email compromise (BEC) scam that led to the loss of over $800,000. Authorities have since managed to recover a significant portion of the stolen funds, shedding light on the growing threat of cyber fraud in real estate transactions. The victim, who had been in the process of purchasing a property, received what appeared to be a legitimate … [Read more...]
Unstoppable Domains and Blockchain.com Partner to Launch “.blockchain” Domain
LAS VEGAS, NV - Unstoppable Domains, a crypto domain name and wallet address registrar, has announced they have teamed up with Blockchain.com in order to launch a “.blockchain” domain name system (DNS)-enabled Web3 domain, with plans to go on to commercialize the joint venture for profit. A web3 domain name is a a decentralized, blockchain-based domain name that's registered on a crypto network, like Ethereum or Algorand. Web3 domains are also known as … [Read more...]
“Global Internet Crash” Diverted As ICANN Implements DNS Security Enhancements
NEW YORK, NY – Early last month, The Internet Corporation of Assigned Names and Numbers (ICANN), which is responsible for maintaining the registry of domain names and IP addresses, was preparing to implement the very first change to the “cryptographic keys” which help protect the Domain Name System (DNS) - the Internet's address book. The change had been delayed for over a year as ICANN reviewed last-minute data about the change and accessed any potential risk to the … [Read more...]