Month: August 2022

Iran made its first official import order using cryptocurrency this week, the semi-official Tasnim agency reported on Tuesday, a move that could enable the Islamic Republic to circumvent US sanctions that have crippled the economy.  The order, worth $10 million (roughly 80 crore), was a first step towards allowing the country to trade through digital assets
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The U.S. Treasury Department on Monday placed sanctions against crypto mixing service Tornado Cash, citing its use by the North Korea-backed Lazarus Group in the high-profile hacks of Ethereum bridges to launder and cash out the ill-gotten money. Tornado Cash, which allows users to move cryptocurrency assets between accounts by obfuscating their origin and destination,
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Customer engagement platform Twilio on Monday disclosed that a “sophisticated” threat actor gained “unauthorized access” using an SMS-based phishing campaign aimed at its staff to gain information on a “limited number” of accounts. The social-engineering attack was bent on stealing employee credentials, the company said, calling the as-yet-unidentified adversary “well-organized” and “methodical in their actions.”
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Google has launched an online campaign asking Apple to “fix texting” by adopting the Rich Communication Services (RCS) protocol for messaging. Currently, Apple uses the outdated SMS and MMS technology for communication with users outside the company’s ecosystem. According to Google, this has led to users sharing low resolution videos. Google, the firm that develops
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