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Holograph Compromised: HLG Value Plummets as Hacker Illegally Mints 1 Billion Tokens
14.6.2024
On June 13, an unidentified hacker minted one billion HLG tokens by exploiting vulnerabilities in the Holograph operator smart contract. The Holograph team has patched the initial exploit and is collaborating with exchange partners to freeze the affected accounts. A decentralized finance researcher...
Okx Acknowledges Security Incident Involving Judicial Documents Forgery
13.6.2024
Okx, a Seychelles-based cryptocurrency exchange, clarified the information regarding a recent security incident that allowed unidentified criminals to take control of the accounts of a few customers, draining these. In a statement, Okx stressed that a third party had forged judicial documents...
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
Crystal Intelligence Report Reveals $19 Billion Lost in Crypto Crimes Over 13 Years
12.6.2024
In a comprehensive new report, Crystal Intelligence, a blockchain analytics firm, details a significant $19 billion in losses due to cryptocurrency crimes over the past thirteen years. The study covers a timeline from June 19, 2011, to March 6, 2024, and delves into the various types of criminal...
Crypto hacks soar to $19B in 13 years: Crystal Intelligence
12.6.2024
Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen during the largest single crypto theft during the 2019 Plus Token fraud
Crypto Exchange Lykke Confirms Platform Breach; Reports Theft of Assets Valued at $22 Million
11.6.2024
The cryptocurrency exchange Lykke confirmed on June 10 that it fell victim to a breach, resulting in a hacker stealing digital assets valued at $22 million. Lykke stated that it had shut down the affected systems to contain the damage and assured users that their funds remained secure. Lykke Faces...
Binance Labs backs Zircuit to enhance L2 security with AI sequencer
11.6.2024
Zircuit has recently received a significant financial boost from Binance Labs, which is part of the company that invests in and incubates startups. Zircuit is a rapidly growing innovation that leverages zero-knowledge rollups and comes with high-level security provided at the sequencer level in...
Crypto the ‘hardest thing’ in software history — Consensys CEO
11.6.2024
Consensys CEO Joseph Lubin told Cointelegraph that crypto might be the “hardest thing” in software history in terms of potential threats, vulnerabilities and complexity
EU Innovation Hub criticizes privacy coins and crypto mixers in new report
11.6.2024
In its inaugural report on encryption, the EU Innovation Hub for Internal Security examined how privacy coins and mixing protocols are complicating regulatory efforts
Loopring suffers huge losses after security lapse in ‘Guardian’ service
10.6.2024
According to the information available from the market, $5 million was drained from wallets powered by Loopring’s guardian service. Loopring, the Ethereum zkEVM protocol, is often termed Ethereum’s most secure wallet. They shared details of two wallet addresses badly affected by...
UwU Lend hit by $20 million crypto hack
10.6.2024
The ongoing exploit has already netted the attacker nearly $20 million in digital assets
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
Elliptic Study Finds AI-Enabled Crime in Cryptocurrency Remains in Early Stages
10.6.2024
A new study has found that crimes enabled by artificial intelligence in the cryptocurrency ecosystem are still in their nascent stages. Stakeholders can prevent these activities from becoming widespread through timely and measured responses. Data from the same study indicate a surge in tokens...
Coingecko Data Breach Affects Nearly 2 Million Users
7.6.2024
Coingecko experienced a data breach on June 5, compromising the personal information of nearly 2 million users. The breach occurred through its third-party email platform, Getresponse. Third-Party Email Platform Breach Hits Coingecko On June 5, 2024, Coingecko detected unusual activity on...
Sky Mavis recovers $5.7M from Ronin Bridge hack
7.6.2024
Axie Infinity creator Sky Mavis said that some of the funds will cover the recovery costs while the rest will return to the Axie treasury
CoinGecko confirms email provider data breach, over 23,000 phishing emails sent
7.6.2024
The email platform's security breach occurred due to a compromised employee account
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
Avalanche Core wallet gets Blockaid security integration
6.6.2024
The security integration uses Blockaid’s threats database to screen for increasingly sophisticated phishing scams and exploits impacting Web3 users
Tether CEO Advises Caution Over Suspicious Airdrop Emails Citing Compromised Mailing List Vendor
6.6.2024
Paolo Ardoino of Tether and Bobby Ong of Coingecko have warned of a potential supply chain attack on the crypto industry. They reported that a prominent vendor managing mailing lists for crypto companies may have been compromised, urging caution against phishing emails related to fake crypto...
Rushing OP_CAT on Bitcoin could come at an immense security cost
5.6.2024
Operation Concatenate (OP_CAT) could be a game-changer for Bitcoin. But if its security risks are not diligently addressed, it could also undermine Bitcoin