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Data Shows BSC Dapps Lost $167 Million Last Month From Flash Loan Attacks
3.6.2021
Binance Smart Chain (BSC) decentralized applications (dapps) have been hit with a number of flash loan attacks in recent weeks. According to collected data by Rekt, during the last 30 days BSC has lost a total of $167 million from these flash loan exploits. Flash Loan Hackers Prey on Binance Smart...
Another Two Binance Smart Chain Projects Suffer Flash Loan Attacks
28.5.2021
Source: Instagram, Binance
And yet another two projects on Binance Smart Chain (BSC) suffered incidents, in the form of more flash loan attacks - and this time it's Burger Swap (BURGER) and JulSwap (JULD).
BSC, ran by the crypto exchange giant Binance, may be getting more popular among...
Central Bank of Nigeria Governor Says “Digital Currency Will Come to Life” but Attacks Volatile Cryptocurrencies
26.5.2021
Central Bank of Nigeria (CBN) governor, Godwin Emefiele, says digital currency “will come to life even in Nigeria” just a few months after the central bank ordered banks to stop serving the crypto industry. While acknowledging his country’s position as one of the leading crypto...
Flash Loan Attacks Drain 2 Binance Smart Chain Defi Projects for $6 Million
25.5.2021
There have been two back-to-back flash loan attacks in a short period of time stemming from two unique Binance Smart Chain decentralized finance (defi) projects. Last Wednesday, the yield-farming platform Pancakebunny lost close to $3 million in a flash loan attack according to reports....
Plus: Biomutant attacks, Elite's odyssey perplexes
21.5.2021
And all the other movers and shakers in premium games right now!
Defi Project Rari Capital Hacked for $10M in Ether, Project’s Pool Drained for 2,600 ETH
9.5.2021
Reports from the decentralized finance project Rari Capital detail that the protocol’s ethereum pool has experienced a recent exploit. Rari Capital says they are assessing the situation and the team removed funds from the recent Alpha Finance Lab integration. At first, the project’s...
Intel Partners With Microsoft to Combat Cryptojacking Attacks by Deploying a Threat Detection Tool
29.4.2021
Although recent studies have been showing a slowdown in cryptojacking activities, especially the ones related to mining privacy coins, Intel remains on the hunt to crackdown on such activities. The tech giant has partnered with Microsoft to deploy a campaign that strengthens cryptojacking detection...
The perils of suing crypto exchanges after ransomware attacks
18.4.2021
As seen in the case of AA v. Bitfinex, targeting a crypto exchange over stolen funds is a high-risk, low-reward proposition
Email server breach sees Celsians targeted by phishing attacks
16.4.2021
Celsius customers have been targeted with fraudulent SMS and email communications after a third-party email distribution server was compromised by hackers
An ECB Board Member Attacks Bitcoin, Says It ‘Does Not Fulfill the Basic Properties of Money’
10.4.2021
Isabel Schnabel, a board member with the European Central Bank (ECB), has attacked bitcoin claiming the crypto asset “does not fulfill the basic properties of money.” She also describes bitcoin as a “speculative asset without any recognizable fundamental value and is subject...
Cryptojacking Activity Decreased for the First Time Since 2018, Says Intelligence Report
8.4.2021
Cryptojacking activity seems to be losing momentum, specifically types that mine monero, as a recent report unveiled a slowdown in the illicit crypto-mining activities in the cloud. A threat intelligence firm compiled the results. Report Focused on Cryptojacking Incidents With Monero According...
Hackers Target Github Server Infrastructure to Mine Cryptocurrencies
7.4.2021
Github services is under investigation after a series of reports on attacks against one of its infrastructures by running unauthorized crypto mining apps. Cybercriminals allegedly exploited some security flaws that could have been exploited to mine cryptos illicitly. Attacks Exploit ‘Github...
Report: Covid-19 Caused 50% of Adults Aged Between 35 and 44 to Embrace Cryptocurrencies
16.3.2021
A new study, which was undertaken by the Slovakian internet security company Eset, finds 50% of 35 to 44-year-olds have become involved in cryptocurrencies since the pandemic. The figure, the highest for any age group, underscores the role Covid-19 restrictions had in forcing citizens from...
MetaMask’s Latest Security Tool to Protect Smart Contracts from Attacks
1.3.2021
MetaMask, the leading software cryptocurrency wallet that enables users to interact with the Ethereum wallet on their browsers, is all set to implement top-notch security standards to benefit the entire open-source javascript ecosystem. MetaMask’s new tool will protect smart contract developers...
Troubled NZ Crypto Exchange Cryptopia Suffers Another Hack in the Midst of Liquidation Process
20.2.2021
Controversy still surrounds a liquidated New Zealand cryptocurrency exchange, which allegedly got hacked again. Adding to the $30 million stolen in 2019, Cryptopia reports that it was the target of a another theft incident on February 1, 2021. Hackers Accessed a Dormant Wallet Which Holds...
DDoS Attacks Slow as Botnet Operators Turn to Crypto Mining – Kaspersky
18.2.2021
Source: Adobe/profit_image
Cybercrooks are slowly turning their backs on crime because they are finding it is more profitable to mine crypto, according to research from Kaspersky Labs.
Per Kommersant, the Russian software giant said that distributed denial-of-service (DDoS) attacks in the final...
US charges three North Korean hackers over crypto attacks and WannaCry ransomware
17.2.2021
The Department of Justice has indicted three hackers affiliated with the infamous Lazarus Group
Pornhub Payment Option Verge Suffers Massive Blockchain Reorganization
16.2.2021
Verge has been hit by a massive 560,000-block reorganization
Europol Arrests 10 Members of a Sim Swapping Criminal Gang That Stole Cryptocurrencies Worth $100 Million
11.2.2021
The European law enforcement agency, Europol, has arrested 10 people believed to be members of the criminal gang that stole cryptocurrencies with an estimated value of $100 million. The arrests follow an international investigation into a series of sim swapping attacks that occurred in 2020....
Bitcoin Marketplace Keepchange Suffers Data Breach — No Funds Stolen During the Incident
11.2.2021
A bitcoin company is the latest victim of a data breach incident, where hackers managed to access customers’ full names and email addresses. Moreover, attackers sent withdrawal requests from the company customers’ accounts to addresses belonging to the hackers. Marketplace Warns Users...