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Indian Exchange Suffers $44M Hack—Solana Hot Wallet Compromised in Sophisticated Attack
19.7.2025
According to Cyvers, a hack was detected at the Indian centralized exchange CoinDCX, resulting in the theft of approximately $44.2 million in USDC and USDT from one of its operational wallets on Solana. Official Confirmation and Initial Exchange Response The blockchain security firm Cyvers said...
Trezor Co-Founder Launches Glok to Enhance Security for Bitcoin Users Against Rising Threats Such as Kidnappings
17.7.2025
Alena Vranova, previously co-founder of Trezor, has announced the launch of GLOK, a new security service aimed at protecting bitcoin users amid rising threats such as kidnappings and ransomware attacks. GLOK offers a private geolocation app that allows users to send distress alerts to a predefined...
Cryptocurrency Exchange Vows Full Compensation After $27M Crypto Attack
16.7.2025
Cryptocurrency exchange BigONE confirmed a $27 million loss from a third-party attack on its hot wallet on July 16. Exchange Details Swift Response and User Reimbursement Cryptocurrency exchange BigONE confirmed a security incident in the early hours of July 16, revealing that a third-party attack...
Russian Malware Campaign Adds Downward Pressure to Internet Computer's ICP Token
4.7.2025
A cybersecurity report linking fake crypto wallet extensions to Russian-speaking attackers has worsened market jitters as ICP breaks below $5 support
North Korean Hacking Groups Employ New Methods to Target Web3 Companies
4.7.2025
North Korean hacking groups are developing new methods to target Web3 companies, including some aimed at infecting Apple systems. Additionally, the use of social engineering is becoming more prevalent in these attacks, highlighting the level of preparation involved in these operations. North Korean...
Google’s Quantum Breakthrough Quietly Inches Closer to Breaking Bitcoin: NYDIG
25.6.2025
The tech giant has achieved a 20-fold reduction in the computing resources required to break modern cryptographic algorithms, such as Rivest-Shamir-Adleman (RSA). NYDIG Warns: Google’s Quantum Research Could Endanger Bitcoin Bitcoin innovation firm New York Digital Investment Group (NYDIG)...
Massive Data Leak Exposes Password Problem — Is a Radical Fix Coming?
25.6.2025
The recent data breach compromising 16 billion login credentials has raised questions about the relevance of passwords. Some experts argue it’s time to abandon reliance on centralized databases and embrace a privacy-first mindset that leverages decentralization. Call For Shift...
ATOM Breaks $4 Resistance as Volume Surges 3%
20.6.2025
Cosmos token shows resilience amid global economic uncertainty and cybersecurity threats
Massive Data Breach: 16 Billion Records From Apple, Facebook, Google, Telegram Exposed
20.6.2025
A colossal breach exposing 16 billion login credentials ignites global cybersecurity fears as criminals gain unprecedented access to personal accounts, corporate systems, and government networks. 16 Billion Login Credentials Leaked: Global Systems Brace For Relentless Exploitation A staggering...
‘Crocodilus’ Malware Steals Seed Phrases, Targets Crypto Users Globally
11.6.2025
Threat Fabric’s Mobile Threat Intelligence (MTI) team has warned cryptocurrency users about a new variant of the Crocodilus mobile malware, now equipped with an automated seed phrase collector. Malware Features Seed-Phrase-Collecting Parser The Mobile Threat Intelligence (MTI) team at Threat Fabric...
Consensys Acquires Web3auth to Enhance Metamask User Experience, Eliminating the Need for Seed Phrase Backups
3.6.2025
Consensys has announced the acquisition of Web3auth, a provider of key management and embedded wallet infrastructure, aimed at enhancing the user experience and security of its Metamask wallet. According to Consensys this acquisition addresses significant risks associated with seed phrase...
Insurers Eye Kidnap and Ransom Policies for Wealthy Crypto Holders
3.6.2025
Insurance companies are considering the launch of kidnap and ransom policies aimed at wealthy cryptocurrency holders, driven by increasing concerns over kidnappings of crypto entrepreneurs. K&R Insurance for Crypto Holders U.S. insurance companies are reportedly contemplating launching products...
MEXC Reports 200% Surge in Coordinated Fraud Attempts in Q1 2025
3.6.2025
Cryptocurrency exchange MEXC reported a significant 200% increase in coordinated fraudulent trading activity in the first quarter of 2025. Most fraudulent activity is concentrated in Asia, with India accounting for nearly 27,000 or 33% of flagged accounts. Fraudulent Activity Concentrated in Asia...
Banking groups ask SEC to drop cybersecurity incident disclosure rule
26.5.2025
American banking and financial industry advocacy groups have petitioned the Securities and Exchange Commission to repeal its cybersecurity incident public disclosure requirements. Five US banking groups led by the American Bankers Association asked the regulator to remove its rule in a May...
Google Cloud to Enhance Security for Crypto Transactions and Digital Asset Management With Inabit
15.5.2025
Inabit, a provider of secure cryptocurrency management solutions, has announced a collaboration with Google Cloud to enhance security for cryptocurrency transactions and digital asset management. This partnership will leverage Google Cloud’s Confidential Computing platform to create secure...
Zoom/Telegram Deepfake Attack Vector Rises: Crypto Founders Targeted
15.5.2025
Sandeep Nailwal, founder of Polygon, warned about a recent incident involving a hack of one of his contacts that utilized social engineering and deepfakes on Zoom to compromise other Telegram contacts. The attackers sought to install a component that would allow them to gain access to...
Ethereum Foundation Launches Trillion Dollar Initiative to Scale Onchain Security
14.5.2025
The Ethereum Foundation announced the “Trillion Dollar Security” (1TS) initiative, a three-part plan to enhance Ethereum’s resilience for high-value institutional and individual use. Ethereum’s 1TS Initiative Focuses on Protocol, Smart Contract Risks The project aims to enable billions of users...
Solana’s Overnight Emergency Upgrade Raises Concerns About Its True Level of Decentralization
6.5.2025
In April, Solana network participants implemented an emergency upgrade to address a serious security vulnerability that could allow attackers to mint and steal tokens. Nonetheless, the coordinated effort to execute the mitigation measures and patch the vulnerability has raised concerns about...
Certik Reports $364 Million in Crypto Losses for April 2025, Phishing Dominates at $337 Million
1.5.2025
Certik, a leading blockchain security firm, reported on April 30, 2025, that the crypto industry lost approximately $364 million to exploits, hacks, and scams in April, with $18.2 million returned, resulting in a net loss of $345.8 million. The firm highlighted that $337 million of the total losses...
Zoom Calls? Beware! Lazarus Is Targeting Crypto Founders
21.4.2025
Kenny Li, co-founder of Manta Network, recently raised alarms about the modus operandi of Lazarus, the North Korean hacking collective, and its use of Zoom. Li reported that he was targeted by a known contact using a Zoom-like app that requested access to his camera. Lazarus Is on the Move: Zoom...