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Importance of cold wallets amidst rising crypto hacks
17.11.2023
Security plays a pivotal role in crypto exchanges, and the prominence of cold wallet solutions is growing as a vital tool to thwart crypto attacks. Discover what makes cold wallets more appealing for investors looking to keep their assets offline in this mini-guide. Understanding Cold Wallets...
46% of crypto lost from exploits is due to traditional Web2 flaws - Immunefi
15.11.2023
The security platform released a report categorizing Web3 exploits in 2022, concluding that nearly half came from “infrastructure” or centralized elements
Today in Crypto: 46.5% of Web3 Fund Loss is Result of Traditional Web2 Security Issues, Investment in Blockchain Gaming Hits $1.5 Billion in 2023
15.11.2023
Source: AdobeStock / AhmadSoleh Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Security news While developers and researchers generally focus on designing and coding the smart contract protocol...
Poloniex crypto exchange resumes withdrawals after $100M hack
15.11.2023
Hacked cryptocurrency exchange Poloniex said it has mostly completed restoration efforts and is preparing to resume operations after suffering the major hack on Nov. 10
OpenSea NFT users report massive email phishing campaign
15.11.2023
OpenSea users have reportedly been targeted with a widespread email phishing campaign, including a fake developer API risk alert and a fake NFT offer
What Are the Tax Implications of the Alleged Binance Wallet Hack (or Any Crypto Exploit)?
13.11.2023
Mango Markets’ exploiter to face trial in April, and Coinflux shuts multichain: Finance Redefined
10.11.2023
The Mango Markets exploiter’s trial was first scheduled for December 2023; however, during one of the court hearings, the accused convinced the judge to delay the trials for a few months
Poloniex Hot Wallets Hacked With $114M Seemingly Stolen: On-Chain Data
10.11.2023
Cryptocurrency exchange Poloniex has had its hot wallets drained by hackers with an estimated loss of around $60 million
Monero’s community wallet loses all funds after attack
5.11.2023
A security breach has resulted in the loss of 2,675.73 XMR from Monero's community crowdfunding wallet. The cause and source of the breach remain unidentified
Multichain inside job? And SOL surges 80% in a month: Finance Redefined
3.11.2023
The exploited Multichain bridge briefly opened on Nov. 1, and a trader managed to use this opportunity to buy debugged assets at a discount, allowing them to make more than $1.5 million in profits
SafeMoon addresses recent exploits amid SEC charges
3.11.2023
SafeMoon says it is closely examining the recent developments and will work to resolve the situation promptly
Apple MacOS malware targets crypto community and engineers
3.11.2023
The social engineering attacks trick community members into downloading a malicious ZIP archive named ‘Cross-platform Bridges.zip’ — imitating an arbitrage bot designed for automated profit generation
SafeMoon hacker’s use of centralized exchanges could help law enforcement: Match System
2.11.2023
SafeMoon was exploited in March earlier this year after a smart contract update led to a burn call vulnerability allowing hackers to transfer funds
UK’s National Crime Agency Seeks to Set Up Specialized Team to Combat Cryptocurrency Scams and Fraud
2.11.2023
The United Kingdom’s National Crime Agency (NCA) is taking a proactive stance against the rising threat of cryptocurrency scams and fraud. In response to the increasing attempts by bad actors to deceive crypto investors, the NCA has announced plans to establish a specialized cryptocurrency...
Today in Crypto: Hackers Stole $1.41 Billion YTD and $22.2 Million in October, Google Cloud Launches Solana Network Dataset on BigQuery
1.11.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Security news Bug bounty and security services platform Immunefi published its ‘Crypto Losses in October 2023...
Onyx Protocol exploiter begins siphoning $2.1M loot on Tornado Cash
1.11.2023
The bug Onyx Protocol hacker exploited to steal $2.1 million was previously used by a hacker to extort $7 million from Hundred Finance
Crypto Projects Lose $51.6 Million in Attacks, Phishing Scams, and Rug Pulls in October 2023: Beosin
1.11.2023
Beosin’s security monitoring platform, Beosin EagleEye, reported that the crypto industry saw 23 security incidents in October 2023, collectively resulting in a substantial total loss of approximately $51.61 million. These losses were attributed to a trifecta of threats: hacker attacks...
October sees a comparative lull in crypto crime with losses of $32.2M: CertiK
31.10.2023
There is no clear downward trend in crypto crime, but a quiet month is undoubtedly more than welcome in the Web3 community
MetaMask and Blockaid Collaborate to Launch Phishing Attack Alert Feature for Enhanced User Protection
31.10.2023
MetaMask has teamed up with security firm Blockaid to introduce a new feature aimed at bolstering user security. Starting today, MetaMask desktop users will have the option to opt-in to the new security feature by enabling the MetaMask experimental setting and adding the Privacy Preserving Offline...
Unibot contract $560K exploit crashes token price by more than 40%
31.10.2023
Amid ongoing investigations from Unibot and blockchain investigators, Scopescan advised users to revoke the approvals for the exploited contract and move the funds to a new wallet