🔐 Cybersecurity News (November 20, 2023):

1️⃣ nick.eth: The lead developer of the #ens domain name service, Nick Johnson, has published an open letter to Unstoppable Domains (UD), accusing competitors of patent theft. According to Johnson, in January, UD obtained its first patent titled "Blockchain Domain Resolution," which he claims is entirely based on ENS open-source technologies. 🤨 Such allegations require careful consideration.

2️⃣ OSCE: Supervisory and law enforcement personnel in #ukraine have undergone training to investigate financial crimes involving cryptocurrencies. 💪 Training law enforcement in the crypto sphere is an excellent step in combating crime in a decentralized world.

3️⃣ Decenter: In 2018, former Bithumb chairman Lee Jong Hoon entered into a deal to avoid pressure from authorities. Now he faces accusations of fraud amounting to 112 billion won ($85 million) and is facing a potential eight-year prison sentence. 🚨 The crypto sphere is not devoid of its share of drama.

4️⃣ dYdX: On November 17, approximately $9 million from the decentralized derivatives exchange dYdX's insurance fund was used to cover user position liquidations on the Yearn Finance (YFI) token market. 🤝

5️⃣ ZachXBT: Taiwanese trading firm Kronos Research reported an attack in which an attacker siphoned off around ~$25 million in Ethereum. 🔒 #cybersecurity is an integral part of the crypto sphere.

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