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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
LastPass Data Breach Results in $4.4 Million Crypto Loss for 25 Victims in a Single Day
30.10.2023
Around 25 individuals have reportedly lost $4.4 million in cryptocurrency from a total of 80 wallets, all due to the 2022 data breach that affected the password storage software LastPass. On October 27, in a Twitter post, the on-chain sleuths ZachXBT, along with MetaMask developer Taylor Monahan...
Fake Wallet APP Downloads and Malicious Backdoors are Leading Causes of Crypto Loss: Bitrace
30.10.2023
One of the leading causes of loss of crypto assets is the download of fake wallet applications from search engines. Fraudsters take advantage of search engine optimization (SEO) and search engine marketing (SEM) techniques to promote phishing links that lead to counterfeit wallet apps with...
$720 Million Lost via 117 Hacking Incidents in Q3 of 2023 — Study
28.10.2023
During Q3 of 2023, there were a total of 117 hacks in which $720 million was stolen via access control breaches and rug pulls among other security incidents, a new study has found. While the losses ($49.80 million) from rug-pull incidents are significantly lower than the $449 million lost...
Audits and rug-pulled projects, a $650B token burn, and major DeFi protocol quits UK: Finance Redefined
27.10.2023
Uniswap’s founder burned $650 billion of HayCoin, amounting to 99% of the token’s supply
UK Lawmakers Roll Out Legislation to Seize Cryptocurrencies Used for Illegal Purposes
26.10.2023
The UK Parliament has passed a bill that allows law enforcement authorities to seize cryptocurrencies associated with illicit activities. This includes investment scams, hacks, terrorism financing, money laundering, and drug trafficking. Per an official announcement on its website, the new bill...
Rug Pulls Account For Majority of Scams as Q3 2023 Exploits Wipe Out $720 Million
25.10.2023
The impact of digital asset scams has been a major talking point around policies, regulations, and developer’s direction this year with millions lost across chains to bad actors. A new report by blockchain security firm Hacken shows a quarter-to-quarter increase in hacks and money drained...
Telegram trading bot Maestro refunds users 610 ETH after router exploit
25.10.2023
Maestrobots, a group of crypto bots on Telegram, has refunded users 610 ETH in the aftermath of a 280 ETH smart contract exploit on Oct. 24
85% of crypto rug pulls in Q3 didn’t report audits: Hacken
25.10.2023
A cryptocurrency rug pull is one of the simplest scams to prevent, according to blockchain security auditor Hacken
Web3 Security Firm Blockaid Raises $27M to Help Tackle Industry's 'Never-Ending' Challenges
23.10.2023
The New York and Tel Aviv-based company said it would use the funding to scale its product, customer base and team to address the industry’s security challenges
Singapore court authorizes freeze order attached to wallets as soulbound NFT
20.10.2023
A British investigative firm tracked down stolen funds and convinced the High Court of Singapore to mark the wallets containing the funds permanently with its order
Busy week for Uniswap, and Platypus recovers 90% of hacked funds: Finance Redefined
20.10.2023
Uniswap announced it would start charging a swap fee of 15% from Oct. 17, evoking mixed reactions from the crypto community
Atomic Wallet freezes $2M in ‘suspicious deposits’ on exchanges
19.10.2023
This was the result of a collaboration between Atomic Wallet, forensic companies and centralized exchanges following reports from users claiming unauthorized transactions from their wallets