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Scammers Banked $59 Million in Crypto Exploiting Google Ads
22.12.2023
Source: Adobe / zedtox Scammers have over the past nine months used a wallet-draining service named “MS Drainer” to siphon around $59 million worth of crypto from numerous victims, according to a recent report by blockchain security firm Scam Sniffer. The scam operated through Google...
Ledger Responds to Connect Kit Exploit With Reimbursement Plan, Security Overhaul
20.12.2023
In a decisive move following a significant security incident, Ledger, a well known crypto hardware wallet manufacturer and security firm, announced a response plan. Approximately $600,000 in assets were stolen from users due to an exploit involving blind signing on EVM decentralized applications...
Blockchain Security Firm CertiK Warns OKX IOS Users to Update After Flagging Vulnerability
20.12.2023
Image Source: Adobe Blockchain security firm, CertiK has urged OKX users on IOS devices to update the software to the latest version after it identified a vulnerability with the potential of causing data and asset losses. In a post on X (formerly Twitter), the firm informed users of the discovery...
OKX DEX Exploited: Wallets Authorized to the Exchange Lost Approximately $370,000
13.12.2023
Image Source: Adobe OKX DEX, a decentralized exchange and cross-chain bridge aggregator, has been exploited, with some wallets authorized to the platform losing around $400,000. According to analysis conducted by blockchain security firm SlowMist, the issue revolves around the authorization...
Antpool to Refund 83 BTC Erroneously Paid as Gas Fee to User
30.11.2023
Source: Pixabay / Michael Wuensch Antpool has announced steps to give back 83 Bitcoin (BTC) paid in error as a transaction fee to the user days after the incident. Blockchain security firm, PeckShield posted an update from Antpool on X (formerly Twitter) on the 83 BTC gas fee which sparked diverse...
Dwallet Labs Says It Uncovered Infstones Validator Vulnerabilities Which Left $1 Billion in Staked Assets ‘Compromised’
23.11.2023
Cyber security firm Dwallet Labs said on Nov. 21 that vulnerabilities it found on several Infstones (a validator company) validators a few months ago “meant over $1B of staked assets were compromised.” Infstones has acknowledged the existence of the vulnerabilities but says...
Security Firm dWallet Labs Uncovers Vulnerability with $1 Billion of Crypto At Risk
21.11.2023
Source: Pixabay Blockchain security firm dWallet Labs recently unveiled a vulnerability that it asserts has the potential to impact approximately $1 billion worth of crypto. The security firm published a Medium blog post on Tuesday saying that it had discovered a potential vulnerability...
Security firm dWallet Labs flags validator vulnerability that could affect $1B in crypto
21.11.2023
Validator service provider InfStones disagreed and told Cointelegraph that “nothing close to $1 billion in assets would be at risk,” even in the worst-case scenario
Poloniex Crypto Exchange Reveals Hacker’s Identity, Offers $10 Million Bounty
20.11.2023
Source: AdobeStock / Tomasz Bidermann Digital asset exchange, Poloniex has uncovered the identity of the hacker who stole over $100 million from its wallet offering a $10 million bounty for a smooth recovery process. Blockchain security firm PeckShield revealed that Poloniex has made progress...
Slowmist Warns About Fake Journalists Orchestrating Crypto Thefts
14.11.2023
Source: AdobeStock / Sergey Nivens Security firm SlowMist has issued a warning about a wave of crypto thefts orchestrated by fake journalists. In a recent Medium post, the company said the first instance of this malicious campaign was reported on October 14 when a Twitter user named Masiwei...
Blockchain Security Firm Peckshield Reports Suspicious Activity in Poloniex Exchange Wallet – $60 Million Drained?
10.11.2023
Blockchain security firm, Peckshield has flagged suspicious activity on a wallet owned by centralized cryptocurrency exchange Poloniex suggesting alleged losses of over $60 million. The company has not disclosed the actual amount that was stolen but on-chain data outflows to the receiving wallet...
CertiK Data Highlights Significant Slowdown in New Cryptocurrency Launches
9.11.2023
Source: Adobe / Andrii Yalanskyi Recent data from blockchain security firm CertiK has revealed a noteworthy slowdown in the creation of new cryptocurrencies, with the pace now reaching its slowest in three years. Citing data shared by CertiK, CoinDesk on Wednesday reported that the third quarter...
MacOS Malware KandyKorn Targets Crypto Owners
3.11.2023
A new MacOS malware, known as KandyKorn and linked to the notorious Lazarus Group, has recently been identified. The malware was discovered by the Elastic Security Labs. According to an official report published by the blockchain security firm, KandyKorn relies on social engineering tactics...
Attacker Exploits Rounding Issue to Steal $2.1 Million From Onyx Protocol
1.11.2023
DeFi project Onyx Protocol has fallen victim to a security breach, losing more than $2 million worth of crypto assets. According to a recent post by blockchain security firm Polyzoa, the attacker exploited a rounding issue within the Onyx Protocol to steal $2.1 million worth of funds from...
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...
Standard Chartered-Backed Crypto Custody Zodia Launches in Hong Kong
30.10.2023
Zodia Custody, the crypto security firm owned by British banking giant Standard Chartered, is expanding its services to Hong Kong. Zodia Custody’s foray into Hong Kong marks its latest stride into the Asia-Pacific region after announcing plans to expand into Singapore last month. Established...
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...
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
Lazarus Group’s New Malware is Harder To Detect, Cyber Security Firm Warns Crypto Firms
2.10.2023
Cyber security experts at ESET have warned firms of the threat posed by the Lazarus Group’s new malware “LightlessCan” saying it is more difficult to detect than previous versions.
According to the firm, the malware is mostly deployed in employment scams luring users to install a malicious payload...
Crypto Security Firm Certik Warns Over 40% of Telegram Bot Tokens May be Exit Scams
14.9.2023
Crypto security firm Certik has revealed that more than 40% of Telegram Bot tokens could be exit scams.
"Our analysis shows that over 40% of Telegram Bot tokens could be exit scams," the company said in a Wednesday tweet.
Certik pointed out that these tokens have witnessed an “astronomical...