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Coinbase-posing scammers steal $1.7M from a user amid a string of attacks
8.7.2024
A victim who claims to have lost $1.7 million said a scammer called them claiming to be from Coinbase and sent emails that looked like they came from the crypto exchange
Crypto Theft Surge: Hackers Steal $1.38 Billion in First Half of 2024, Doubling 2023 Figures
6.7.2024
A new report by blockchain intelligence firm TRM reveals that crypto thefts in the first half of 2024 have doubled compared to 2023, with $1.38 billion stolen by June 24. Major hacks constitute 70% of losses, with private key compromises and smart contract exploits as top attack vectors. Crypto...
Crypto losses reach $1.19B in H1 2024: CertiK calls for better security
3.7.2024
The CertiK report shows that phishing attacks led to nearly $498 million in losses, emphasizing the urgent need for enhanced security measures like 2FA
Digital Chamber Urges SEC to End Attacks on Crypto Industry, Embrace Future of Finance
2.7.2024
The Digital Chamber (TDC) has urged the U.S. Securities and Exchange Commission (SEC) to end its attacks on the crypto industry following its enforcement action against Consensys. The chamber argues the SEC’s actions are overreaching and detrimental to financial innovation and inclusion....
Social engineering attack, explained
28.6.2024
Explore various types of social engineering attacks and find out how these manipulative strategies exploit trust and vulnerabilities, leaving victims vulnerable to financial loss
Coinbase is the most impersonated crypto brand by scammers: Report
24.6.2024
Although Coinbase continues to be the most impersonated brand in the crypto industry, Meta was targeted by over 25 times as many scammers as the exchange
TON ecosystem flooded with phishing attacks, SlowMist warns
24.6.2024
The founder of SlowMist has warned that the Telegram messenger ecosystem is “too free” for exploiters of the TON ecosystem
EigenLayer enhances EigenDA security to combat sybil attacks
23.6.2024
With the incorporation of this security measure, EigenLayer seeks to protect the service it offers while guaranteeing its availability to all clients
North Korean cyberattacks on Brazilian fintech firms exposed
13.6.2024
Google Cloud’s report exposes North Korean cybercriminals targeting Brazil’s cryptocurrency and fintech sectors with sophisticated malware and phishing schemes
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...