China News by Thebittimes.Com

You can now buy access to Binance’s law enforcement request panel for $10,000 in bitcoin or monero, according to a post on black hat hacking discussion site Breach Forums. As reported by CoinDesk, darknet publication InfoStealers detailed how law enforcement computers in Uganda, Taiwan, and the Philippines were hacked earlier this year leading to “stolen browser-stored credentials and unauthorized access to Binance’s login panel.” Binance reportedly uses Kodex, a third-party service to provide access to its panel, suggesting that rather than Binance itself being breached, it’s poor network security on behalf of law enforcement that’s to blame. Image courtesy of BreachForums. Read more: ‘EtherHiding’ Hack uses Binance blockchain to extort WordPress users Speaking to CoinDesk, security expert and journalist Brian Krebs explained the increasing popularity of attacks like this which target government and law enforcement institutions. “Some Hack ers have figured out there is...

Tether and Bitfinex have chosen not to challenge the Freedom of Information Law (FOIL) request initiated by journalists, including Zeke Faux, Shane Shifflett and Ada Hui, whom they accuse of displaying “certain behaviors.”  The companies allege that Faux’s prior reports on Tether and Bitfinex exceeded the boundaries of professional journalism.  FOIL request in action In the Nov. 24 announcement, the two firms claim that media outlets, such as The Wall Street Journal and Bloomberg, have journalists involved in the ongoing FOIL request , have presented “one-sided and inaccurate” information. Tether and Bitfinex share that, in contrast their goal is to set a higher moral standard and “lead by example.” The current FOIL request is linked to the agreement between Tether, Bitfinex and the New York Attorney General (NYAG) in February 2021. Initially reported by CNBC, the agreement included a payment of an $18.5 million fine t...