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‘Make or break’ for Bitcoin, Binance under pressure, Strike attacks Coinbase: Hodler’s Digest, June 27–July 3
3.7.2021
Polygon-Based Defi Stablecoin Safedollar Plunges to Zero — Team Is Investigating Exploit
28.6.2021
The algorithmic decentralized finance (defi) stablecoin safedollar (SDO) has been attacked, according to statements published on its Telegram channel. The safedollar token did not remain stable following the attack, as the defi stablecoin’s price collapsed to zero. Safedollar Stablecoin Price...
Inside A Ransomware Attack: How Dark Webs of Cybercriminals Collaborate
20.6.2021
David S. Wall, Professor of Criminology, University of Leeds.
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In their Carbis Bay communique, the G7 announced their intention to work together to tackle ransomware groups. Days later, US president Joe Biden met with Russian president Vladimir Putin, where an extradition process to bring...
Here’s what would happen to Bitcoin if the government tried to take it over
9.6.2021
Fear mounted as the FBI announced that it helped Colonial Pipeline retrieve a portion of its BTC ransom payment, but can the government actually take over Bitcoin and the network?
Crypto’s dark underbelly exposed in ransomware attack, U.S. senator says
7.6.2021
U.S senators voiced their opinions on the matter of cryptocurrency's use in ransomware attacks
Biden Administration Expanding Cryptocurrency Analysis to Find Criminal Transactions
2.6.2021
The U.S. government is expanding its cryptocurrency analysis in a strategy to find and pursue criminal transactions. This comes in the wake of a rising problem of ransomware involving cryptocurrency, such as bitcoin. “Combating ransomware is a priority for the administration,” said...
Binance Smart Chain Faces yet Another Flash Loan Attack: Belt Finance Loses $6.3 Million
31.5.2021
Belt Finance, a Binance Smart Chain-based decentralized lending protocol, lost $6.3 million in a flash loan attack last week. The attackers took advantage of a series of inefficiencies in the smart contract to manipulate the price of the set and obtain profit from a series of transactions. This...
BSC Defi Protocol Burgerswap Loses $7.2 Million from a Flash Loan Attack
29.5.2021
Another Binance Smart Chain project has been hit with a flash loan attack according to a post mortem written by the Burgerswap team. The project’s official Twitter account said at around 3 a.m. on Friday, Burgerswap suffered from a flash loan attack with the hackers stealing $7.2 million...
Woman Arrested For Alleged Arson Threats To Attack On Titan Anime Studio
28.5.2021
A 25-year-old woman from Miyagi prefecture has been arrested for allegedly emailing an arson threat to Wit Studio, which is best known for animating the first three seasons of the Attack on Titan anime.Read more
Veriblock Reveals Initiative to Recycle Bitcoin’s Energy Consumption by Securing Dogecoin
27.5.2021
On Wednesday, the Veriblock project, a blockchain that leverages the implementation of proof-of-proof (PoP) consensus, announced an initiative to secure the Dogecoin blockchain using Bitcoin. The Veriblock Foundation believes the effort counters the hostile ‘Blood Bitcoin’ narrative...
Bitcoin Mining Council: Promotion, Cabal, Attack on BTC, or Pointless?
25.5.2021
The decision was reached in the meeting between Bitcoin (BTC) miners, the chiefs of a few investment and tech companies, and some billionaires to form the Bitcoin Mining Council. And while some think of this as a good idea and a way to promote Bitcoin, others very much oppose it, calling it...
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....
LittleBigPlanet Servers Closed After Hackers Post Hateful Messages
24.5.2021
For a while now, PS3 platformer LittleBigPlanet has been under attack, its servers repeatedly the target for people with nothing better to do than annoy whatever fanbase is left for a game that was first released in 2008.Read more
Pancake Bunny Suffers Attack; Estimated Losses of $1 Billion
20.5.2021
Pancake Bunny, a decentralized finance protocol from the house of Binance, has suffered an attack. The platform has been exploited in an attack related to its flash loan, and initial estimates pegged the total loss to be around $1 billion. As a result of this attack, the price of the BUNNY token...
Report: Colonial Pipeline Paid $5M Worth in Crypto to Ransomware Gang, Restarts Services
14.5.2021
The global oil market was shaken by news from the United States as a ransomware attack hit the largest oil infrastructure operation in the country. A recent report claims hackers asked Colonial Pipeline to pay for an undisclosed amount in ransom to unlock the firm’s system – a demand...
Fans Polled Over Which Anime Or Manga Should Be Live-Action And Most Replied "None"
14.5.2021
Yikes! A Japanese poll asked one thousand men and women ranging from teens to those in their 60s to name which anime or manga they’d like made live-action, courtesy of Hollywood. The reply that took the number slot should surprise no one, really.Read more
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...
Cryptocurrency Exchange Hotbit Hacked: Systems Paralyzed, 2 Million Users Affected
1.5.2021
A cryptocurrency exchange with about 2 million users worldwide announced that it has “suffered a serious cyber attack.” A number of basic services are paralyzed and the attacker tried to access the exchange’s wallets. Consequently, the platform has shut down, stating that it needs...
Bitcoin bulls attack $57,000 and altcoins rally as April comes to a close
30.4.2021
Altcoins moved toward new highs and Bitcoin price rallied above $57,000 shortly after today’s uneventful $4.2 billion monthly options expiry
Capcom Says Covid-19 Made Company Vulnerable To Ransomware Attack
14.4.2021
Capcom has officially closed the investigation into the ransomware attack against its servers from late last year, concluding that the ongoing covid-19 pandemic—what else—had a hand in the security breach.Read more