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Conic suffers two devastating attacks resulting in a loss of $4.2M in funds
27.7.2023
Conic Finance, a promising Layer 1 blockchain known for its “Play to Own” principle, has been hit by two severe attacks that have shaken the decentralized finance (DeFi) community. As a result of the first exploit, $3.3 million was drained from the ETH pool, and the second attack forced...
1.3m+ Crypto Phishing Attacks Foiled in Russia So Far This Year – Kaspersky
21.7.2023
More than 1.3 million crypto-related phishing attacks were stopped in Russia in the first six months of this year, a new report has claimed.
Per Plus World, the cybersecurity provider Kaspersky Lab claimed its solutions thwarted the attacks, which the firm thinks are a direct response to a rise...
BNB Beacon Chain hard fork adds 'panic' feature that can 'halt' blockchain
13.7.2023
BNB Beacon Chain mainnet is set to undergo the "ZhangHeng" hard fork around July 19, which will bring new upgrades aimed at improving security
Today in Crypto: BIS Presents Seven-Point Plan to Prevent CBDC Cyber Attacks, Multiple Scam Warnings Are Issued, Preliminary Hearing for Terraform Co-Founder Daniel Shin Held on Monday
10.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: BIS Presents Seven-Point Plan to Prevent CBDC Cyber Attacks, Multiple Scam Warnings Are Issued...
Coinbase Domain Name Used by Scammers in Recent Phishing Attacks – What's Going On?
10.7.2023
Coinbase users have reported a series of phishing attacks that used the crypto exchange’s domain name.
The crypto exchange’s users reported that they received texts and emails from scammers with links under the domain Coinbase.com.
Twitter user Daniel Mason alleged that a scammer contacted...
Coinbase domain name reportedly used by scammers in high-profile attacks
7.7.2023
Twitter users have been sharing security incidents surrounding the crypto exchange, including claims that scammers are using Coinbase's domain name on attacks
Former SEC Official Defends Chair Gensler — Urges Crypto Community to Quit Personal Attacks, Focus on Facts
2.7.2023
The U.S. Securities and Exchange Commission (SEC)’s former head of internet enforcement has defended SEC Chairman Gary Gensler’s approach to regulating the crypto industry. “It’s time to attack the facts and law on SEC positions and quit the personal attacks on the...
Unplugged: The Impending Threat of Widespread Blackouts in Grid-Reliant Economies
29.6.2023
Lately, the media has been captivated by the possibility of a grid collapse and the devastating economic consequences it would entail. Curiously, the internet is teeming with headlines suggesting the plausibility of such a collapse, whether caused by cyberattacks, physical assaults...
$794K SIM swap hacker PlugwalkJoe sentenced to five years in prison
25.6.2023
The hacker managed to steal $794,000 worth of crypto from an exchange via a SIM swap attack on an exec, but ultimately he didn’t cover his tracks well
Street Fighter 6’s Lobbies Are Full Of Chaos Freaks, It Rules
20.6.2023
Every time I hop into a lobby in Street Fighter 6, it feels like I’m one of the only people who has an avatar that looks just like a regular guy. This game’s character creator is wild, folks. You can create near-perfect recreations of just about anyone, or you can make some weird little guy, and...
Today in Crypto: Google Cloud Offers Certain Customers Up To $1M for Cryptomining Attacks, Countdown Until MiCA Enters into Effect Officially Starts, Hong Kong to Lay Foundations to Implement Retail CBDC
9.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Google Cloud Offers Certain Customers Up To $1M for Cryptomining Attacks, Countdown Until MiCA Enters into...
Bridge Exploits Cost $2B in 2022, Here’s How They Could Have Been Averted
2.6.2023
The bridges that are essential to our multi-chain cryptoverse are vulnerable to hacks. But an analysis of some of the biggest exploits of the past year reveals that applying multiple security measures in combination could have blocked the attacks, writes Gnosis co-founder Martin Koppelmann
a16z releases anonymous voting system for Ethereum
26.5.2023
The system uses “time-lock puzzles” to encrypt the contents of votes, making them unreadable until balloting has finished
Crypto Hacks Plunge 70% in Q1 2023, Victims Recover Over Half of Stolen Funds, but Experts Warn of Temporary Relief
25.5.2023
On May 22, 2023, a report released by the blockchain analysis firm TRM Labs delved into nearly 40 hacks and assaults on cryptocurrency projects within the first quarter, discovering a 70% decline in incidents over the previous three months. The study says the slowdown is probably temporary, with...
Ukraine, US Shut Down 9 Cryptocurrency Exchanges
4.5.2023
Supported by U.S. law enforcement, police in Ukraine have disrupted a network of crypto exchange services suspected of laundering criminal proceeds. The platforms were allegedly processing dirty money obtained from ransomware attacks and various fraud schemes. Cyberpolice, US Investigators Bust...
US Court Sentences Russian Crypto Ransom Launderer to Probation and Fine
24.4.2023
A Russian crypto entrepreneur, charged with laundering money from ransomware attacks, has been sentenced to probation and fined in the U.S. after pleading guilty. Founder of two coin trading platforms, Denis Dubnikov, was arrested in the Netherlands and extradited to the U.S. last year. Oregon...
Subway-themed trading bot makes millions using ‘sandwich’ attacks
20.4.2023
The anonymous MEV bot operator’s best day was April 18, where he profited about $950,000
Crypto phishing attacks up by 40% in one year: Kaspersky
15.4.2023
Russian cybersecurity and anti-virus provider Kaspersky detected 5,040,520 crypto phishing attacks in the year as compared to 3,596,437 in 2021
Binance US to Delist Tron and Spell Tokens Amid Heightened Regulatory Pressure
12.4.2023
According to a recent announcement from Binance US, the American-based subsidiary of the largest cryptocurrency exchange by volume, the exchange plans to delist the cryptocurrency asset tron. The news follows Binance’s being sued by the U.S. Commodity Futures Trading Commission (CFTC),...
Etherscan hides zero-value token transfers to deter address poisoning attacks
10.4.2023
Address poisoning is a phishing scam that can affect users who have received unwanted tokens and don't check their addresses carefully when sending crypto