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Ethereum Merge makes network more vulnerable to attack — Security expert
12.9.2022
The security expert said that while PoS isn’t “theoretically” as secure as PoW, he admits it still has “sufficient practical security.”
DeFi protocol token NFD crashes by 99% after a flash loan attack
8.9.2022
Flash loans allow users to borrow a high amount of assets without having to provide any upfront collateral, this is often used by miscreants to launch attacks on DeFi protocols
Avalanche Blockchain Used To Implement Flash Loan Attack - $370K Nabbed
7.9.2022
In the latest major hacking attempt against Avalanche (AVAX), a flash loan attack that targeted the blockchain enabled its unknown perpetrator to steal as much as USD 370,000 worth of USD Coin (USDC), per a recent announcement by CertiK Alert.
“Possible impacted protocols include: @nereusfinance...
DeFi Platform Kyber Says It Removed Attack Vector, Compensated Affected Wallet
6.9.2022
Multichain decentralized finance (DeFi) platform Kyber said it removed the attack vector used in an exploit that saw $265,000 stolen on Sept. 1
Network outages have been Solana’s ‘curse,’ says co-founder
5.9.2022
The high-speed smart contract platform has suffered full or partial outages at least seven separate times over the last twelve months
South Korean Government’s Youtube Channel Hacked to Play Crypto Video With Elon Musk
4.9.2022
The official Youtube channel of the South Korean government has been hacked on Saturday and those who did it, broadcasted a cryptocurrency-related clip. The video also featured billionaire and crypto enthusiast Elon Musk, local media reported quoting sources in Seoul. Hackers Air Interview With...
MakerDAO co-founder recommends DAI-USD depegging to limit attack surface
28.8.2022
While revealing the protocol's inability to comply with regulators, Christensen suggested that "we must choose the path of decentralization."
Hacker tries to exploit bridge protocol, fails miserably
23.8.2022
The attempt was suppressed within 31 seconds, with the attacker losing their 5 ETH safety deposit
Hackers Lose 5 Ether While Trying to Attack Near Protocol’s Rainbow Bridge
23.8.2022
Automated security processes caused the attackers to lose money while trying to submit a fabricated transaction on the Rainbow bridge
Bitcoin whales attack sellers at $22.3K as euro drops below USD parity
22.8.2022
Bitcoin struggles to make a return to higher levels despite geopolitical uncertainty striking the Eurozone
Fei Protocol founder proposes ghosting Tribe DAO following hack repayment
20.8.2022
Refuting TIP-121, members of the community questioned the lack of timelines and hard numbers within the proposal
Trans Twitch Streamer Keffals Now ‘In Hiding’ After Second Dox Attack
19.8.2022
Trans Canadian Twitch streamer and political commentator Clara “Keffals” Sorrenti recently suffered from a second attack in what is shaping up to be a hellish summer, she revealed in an August 18 YouTube video.Read more
Binance CEO Says Exchange Recovered $450 Million From the Curve Finance Attack
13.8.2022
Following the recent Curve Finance attack, Binance CEO Changpeng Zhao announced that the exchange had recovered $450 million from hackers. The decentralized finance (defi) platform Curve saw roughly $570 million siphoned from the application on August 9. Binance Boss Says Exchange Froze 83% of...
Dutch Law Enforcement Arrests Suspected Tornado Cash Developer in Amsterdam
12.8.2022
According to a statement from the Dutch Fiscal Information and Investigation Service (FIOD), law enforcement officials in Amsterdam arrested an unnamed 29-year-old suspected of developing the ethereum mixing application Tornado Cash. FIOD accuses the suspect of “concealing criminal financial...
Cross-chains in the crosshairs: Hacks call for better defense mechanisms
11.8.2022
Cryptocurrency security firms, decentralized finance and cross-chain platforms are stressing the importance of improved defense mechanisms after a spate of hacks and exploits targeting the ecosystem
Defi Attacker Siphons $570,000 From Curve Finance, Crypto Exchange Fixedfloat Freezes 112 Ethereum
10.8.2022
Reports indicate that the decentralized finance (defi) protocol Curve was hacked for $570,000 in ethereum after people noticed that Curve’s front end was exploited. The attackers then tried to launder the funds via the crypto exchange Fixedfloat, and the trading platform’s team...
Fan Builds His Own Incredible Attack On Titan Video Game
10.8.2022
Yeah, there have been official Attack on Titan video games, but they’ve never really managed to fully capture the speed and scale of the show, so one indie developer figured he’d try and make his own and release it for free. Which he has done, and then some.Read more
OFAC’s Tornado Cash Ban Causes Github Suspensions and the Blacklisting of Crypto Addresses Holding $437M
9.8.2022
On August 8, the ethereum mixing service Tornado Cash, and all the crypto addresses associated with the platform, were officially banned by the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC). Following the ban, the internet hosting service for software and open source code...
F2Pool co-founder responds to allegations it's cheating the Ethereum POW system
9.8.2022
The response comes after researchers in Israel alleged the mining pool has been manipulating Ethereum block timestamps to obtain higher mining rewards
US Government Bans Ethereum Mixer Tornado Cash, Platform Added to OFAC’s SDN List
8.8.2022
On Monday, the U.S. Treasury Department’s watchdog the Office of Foreign Asset Control (OFAC) banned the ethereum mixing application Tornado Cash. OFAC has cited that the mixer has helped North Korean hackers such as the hacking syndicate known as Lazarus Group. OFAC Sanctions Tornado Cash...