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Privacy-Centric Cryptocurrency Firo Suffers 51% Attack on Its Network
23.1.2021
The proof-of-work (PoW) cryptocurrency Firo announced that its protocol came under a 51% attack, notifying its holders to stop transactions. Formerly known as Zcoin, the privacy coin was reportedly subject of a blockchain reorganization attack. Firo Team Clarified the Attack Cannot Be Attributed...
Origin Protocol begins accepting compensation claims following $7M exploit
20.1.2021
Co-founder Josh Fraser said he hopes the compensation plan will help build trust among users as the project moves forward
Privacy Coin Firo Currently Experiencing 51% Attack
20.1.2021
Users should not make transactions during this time
Privacy-focused Firo cryptocurrency suffers 51% attack
20.1.2021
Over 300 blocks were rolled back in the course of the 51 attack
Tron’s DLive platform under fire for live streaming US Capitol extremists
8.1.2021
The crypto-powered streaming platform DLive has come under fire after far-right extremists used the service to live stream this week’s violent insurrection in the U.S. Capitol
Cover Protocol announces compensation plan following mining contract attack
31.12.2020
Cover Protocol will distribute new "coins" to token holders as Binance announces compensation for affected traders
Ripple Assails the SEC, Claims the $1.3 billion Lawsuit is an ‘Attack on the Entire Crypto Industry Here in the United States’
31.12.2020
Ripple has hit back at the U.S. Securities and Exchange Commission (SEC), accusing it of creating more uncertainty and failing in its duty to protect the crypto community. In panning the SEC’s decision to designate its XRP token as a security, the company claims the regulator’s lawsuit...
Attackers Drain Millions From Cover Protocol, Token Holders Attack Compensation Plan
30.12.2020
Decentralized finance insurance project Cover protocol briefly suffered losses when an unknown attacker minted over 40 quintillion Cover tokens. However, after successfully cashing out tokens worth about $5 million, the attacker unexpectedly returned ether tokens valued at about $3.2 million before...
Ripple vows to respond to SEC ‘attack’ amid exchange delistings of XRP
29.12.2020
Ripple issued a statement on Tuesday urging market participants to hear its side of the story amid the ongoing SEC saga
Who Insures the Insurer? Cover Protocol Attack Exposes DeFi’s Promise and Peril
28.12.2020
Defi insurer Cover Protocol, designed to reduce smart contract failure risks, was exploited by a bug in its smart contract on Monday morning
Cover Protocol Plans New Token After Attack
28.12.2020
Cover Protocol announced it's exploring launching a new COVER token through the snapshot before the attack by a "white hat" hacker on Monday morning
Cover Protocol Attack Perpetrated by ‘White Hat,’ Funds Returned, Hacker Claims
28.12.2020
The decentralized finance (DeFI) insurance project Cover Protocol was hacked earlier Monday in an infinite printing scheme, causing the price of the Cover token to plunge. Hours later, a so-called ‘white hacker’ claimed responsibility for the attack, saying all funds had been returned....
Cover Protocol suffers infinite minting attack, price tanks 97%
28.12.2020
Cover, the peer-to-peer coverage market, is the latest DeFi project to suffer an attack
SEC to Sue Ripple Over XRP Cryptocurrency — CEO Insists XRP Is Not a Security
22.12.2020
The U.S. Securities and Exchange Commission (SEC) is set to bring a lawsuit against Ripple over the XRP cryptocurrency which it considers a security, according to Ripple CEO Brad Garlinghouse. Insisting that XRP is not a security, he calls the SEC’s lawsuit an attack on cryptocurrency that...
XRP Drops As 'SEC Voted to Attack' Ripple
22.12.2020
Brad Garlinghouse. Source: a video screenshot, Youtube/Bloomberg Technology
XRP-affiliated, US-based major blockchain company Ripple claims that the US Securities and Exchange Commission (SEC) plans to file a lawsuit against the company because it allegedly violated investor-protection laws when...
Nicehash Crypto Mining Pool ‘Fully’ Reimburses All Users Affected by 2017 Hack
19.12.2020
A Slovenian cryptocurrency mining pool and trading platform announced that they’ve managed to fully compensate their users affected by a hacking attack that took place in December 2017, which took over 4,600 bitcoins. Nicehash ‘Fully’ Reimburses Users Affected in 2017 Hack...
Two Rubygems Infected With Crypto-Stealing Feature Malware Spotted by Researchers
19.12.2020
New infected Rubygems packages have been spotted in its open-source software repository and which contained malicious code mainly used to steal cryptocurrencies from users via supply chain attack. Two Cryptocurrency-Stealers Rubygems Detected by Researchers at Sonatype According to Ax Sharma,...
FBI Warns Ransomware Gangs Are Harassing Victims via Telephone Calls to Pay Crypto Ransoms
19.12.2020
The U.S. Federal Bureau of Investigation (FBI) has released an alert that warns private industry in the country about incidents of harassment of victims made by ransomware gangs, such as the well-known Doppelpaymer group. FBI Is Aware of Cold-Calling Tactics by Ransomware Gangs According to a...
Warp Finance reportedly loses up to $8M in flash loan attack
18.12.2020
The latest DeFi incursion involves flash loans ... again
Flash Loan Attack: Origin Protocol Unveils Compensation Plan that Excludes Founders
14.12.2020
The Origin Protocol team has unveiled a compensation plan for its depositors who were adversely affected by the flash loan attack in November. According to the team, there is now a plan to provide compensation equal to 100% of the value deposited to OUSD at the time of the exploit. Two Compensation...