Skip to content
Technology Security Information
  • Home
  • News
  • Security
  • Cyber Security
  • Threats

Cryptocurrency Startup Loses Encryption Key for Electronic Wallet

Posted on September 6, 2023

The cryptocurrency fintech startup Prime Trust lost the encryption key to its hardware wallet—and the recovery key—and therefore $38.9 million. It is now in bankruptcy.

I can’t understand why anyone thinks these technologies are a good idea.

Posted in Security

Post navigation

Previous: ASUS routers are affected by three critical remote code execution flaws
Next: MITRE and CISA release Caldera for OT attack emulation

Recent Posts

  • Tesla denied having fatal crash data until a hacker found it
  • Battlefield 6 dev apologizes for requiring Secure Boot to power anti-cheat tools
  • Zuckerberg’s AI hires disrupt Meta with swift exits and threats to leave
  • ‘The Goonies 2’ Is Sailing Closer to Reality
  • TikTok is now letting everyone DM each other with voice memos and pictures

Recent Comments

No comments to show.

Archives

  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023

Categories

  • Cyber Security
  • News
  • Security
  • Threats
  • Uncategorized

Related Posts

Akira ransomware gang claims the theft of sensitive data from Nissan Australia

  • Security

The Akira ransomware group announced it had breached the network…

  • rooter
  • December 22, 2023
  • 3 min read
  • 0

New York Increases Cybersecurity Rules for Financial Companies

  • Security

Another example of a large and influential state doing things…

  • rooter
  • November 3, 2023
  • 1 min read
  • 0

How Criminals Are Using Generative AI

  • Security

There’s a new report on how criminals are using generative…

  • rooter
  • May 9, 2024
  • 1 min read
  • 0

Publicly available Evil_MinIO exploit used in attacks on MinIO Storage Systems

  • Security

A threat actor was spotted exploiting MinIO storage system vulnerabilities…

  • rooter
  • September 4, 2023
  • 4 min read
  • 0
Copyright © 2025 Technology Security Information Theme: Translucent Blog By Adore Themes.