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OKX investigates multi-million account thefts after SIM swap attacks
12.6.2024
According to SlowMist, despite the two similar phishing incidents, OKX’s two-factor authentication mechanism was not the main vulnerability point
Solana implements drastic measures against sandwich attacks
11.6.2024
Solana, one of the leading blockchain platforms known for its high-speed transactions and low fees, has announced a series of drastic measures aimed at enhancing network stability and security. This move comes in response to recent challenges that have tested the resilience of the Solana ecosystem...
Solana cracks down on validator sandwich attacks
10.6.2024
Sandwiching occurs by placing one order before the transaction and another immediately after, which ensures that retail always gets the worst possible price
Crypto hacks increase in 2024, but smart contracts are not to blame
7.6.2024
Smart contracts are no longer the biggest concern, as hackers are vying for easier targets, such as private key leaks
DDoS attacks in blockchain networks, explained
28.5.2024
A DDoS attack can severely compromise the security of a blockchain network by taking down nodes and bloating the network with fraudulent transactions
How the Peraire-Bueno brothers allegedly drained $25M from their MEV bots exploit
22.5.2024
The Peraire-Bueno brothers have been charged with fraud in a first-ever MEV bot exploit case. Here is what the DOJ claims they did to pull it off
Reentrancy attacks in smart contracts, explained
16.5.2024
Understand the mechanics of reentrancy attacks, a common exploit in smart contracts. Get insights on prevention and mitigation strategies
Casa Co-Founder Jameson Lopp: Attacks on Cryptocurrency Whales Are “Vastly Underreported”
13.5.2024
Jameson Lopp, the co-founder of Casa, a Bitcoin services company, referred to increasing attacks targeting cryptocurrency whales. On social media, Lopp stated that “while still relatively rare,” the number of targeted attacks against crypto whales was “vastly underreported.”...
Trump Attacks Biden’s Crypto Awareness, Says ‘Biden Doesn’t Even Know What It Is’ at NFT Gala
9.5.2024
Former U.S. President Donald Trump convened with enthusiasts of his non-fungible tokens (NFT) collection on Wednesday and announced to the audience his decision to accept cryptocurrency for campaign contributions. Trump also shared with the group that President Joe Biden “doesn’t even know” what...
Bitcoin trader flags key levels as BTC price attacks $64K liquidity
7.5.2024
BTC price eats away at positions as Bitcoin bulls attempt to carve a path higher
US Government Could Target Bitcoin, Warns ‘Wolf of All Streets’ Amid Crypto Attacks
4.5.2024
Scott Melker, also known as the “Wolf of All Streets,” has cautioned that the same attacks on cryptocurrencies by the U.S. government “would eventually come for bitcoin, regardless of it being a commodity.” His warning followed recent regulatory actions by various government...
Ukrainian Cybercriminal “Rabotnik” Sentenced to 13 Years for Orchestrating $700M Worth of Ransomware Attacks
2.5.2024
Yaroslav Vasinskyi, a Ukrainian national known as "Rabotnik," has been handed a prison sentence of 13 years and seven months for his role in ransomware attacks.
The post Ukrainian Cybercriminal “Rabotnik” Sentenced to 13 Years for Orchestrating $700M Worth of Ransomware Attacks appeared...
Crypto Phishing Attacks ‘Rampant’ in South Korea – Report
2.5.2024
Crypto-related phishing attacks have become “rampant” in South Korea, a report has claimed, with a top financial regulator set to act.
The post Crypto Phishing Attacks ‘Rampant’ in South Korea – Report appeared first on Cryptonews
Token airdrops targeted by farm accounts and ‘Sybil attacks’
23.4.2024
Airdrop squatters are creating fake accounts on platforms for the sole purpose of farming airdrop tokens, thus taking away share from loyal users
Bitcoin Vulnerable to 15% Drop from War or Terror Events: SkyBridge Capital’s Anthony Scaramucci
19.4.2024
SkyBridge Capital founder Anthony Scaramucci said that war or terrorist attacks could potentially lead to a 10% to 15% decline in Bitcoin’s value over the next year.
The post Bitcoin Vulnerable to 15% Drop from War or Terror Events: SkyBridge Capital’s Anthony Scaramucci appeared first...
South Korean Inmate on Funeral Leave Robs Crypto Buyer of $363,000
18.4.2024
Local sources have reported that a South Korean inmate, temporarily released to attend a funeral, exploited a cryptocurrency over-the-counter (OTC) deal to rob another individual. He enticed the buyer by offering to sell the digital assets at a rate below the prevailing market value and stole...
CertiK Discovers Telegram RCE Vulnerability Allowing Attacks on Users
9.4.2024
On April 9, the blockchain security platform CertiK discovered a Telegram vulnerability that enables hackers to use "primarily designed multimedia content, such as images or videos" to launch a remote code execution (RCE) threat.
The post CertiK Discovers Telegram RCE Vulnerability Allowing Attacks...
South Korean Crypto Voice Phishing Attacks Becoming More Sophisticated – Report
5.4.2024
South Korean crypto voice phishing attackers are developing more sophisticated ways to dupe victims out of cash and tokens, a report claimed on April 4.
The post South Korean Crypto Voice Phishing Attacks Becoming More Sophisticated – Report appeared first on Cryptonews
Crypto Theft Plummets by 48% in March — Are Crypto Assets Getting Safer?
1.4.2024
Crypto theft plummeted by 48% in March, with malicious actors stealing $79M from DeFi projects, down from $160M in February. Flash loan attacks, phishing scams, and targeted exploits contributed to the losses.
The post Crypto Theft Plummets by 48% in March — Are Crypto Assets Getting Safer?...
South Korean Civil Servant Charged with Crypto Fraud
28.3.2024
A South Korean civil servant was arrested on March 27 on charges of committing crypto-related fraud and carrying out voice phishing attacks.
The post South Korean Civil Servant Charged with Crypto Fraud appeared first on Cryptonews