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Quantum Computing Poses Critical Threats to Blockchain Security, Warns Expert
21.5.2024
Professor Massimiliano Sala, a professor of Mathematics at the University of Trento, warns that quantum computing poses significant threats to blockchain security. He highlights that quantum computers could solve problems foundational to digital signatures, compromising user assets on blockchain...
Bitcoin bridge XLink resurrection underway post $10M hack
17.5.2024
XLink faced a security breach involving almost $10 million, with $4.3 million recovered thanks to a friendly neighborhood whitehat hacker
Ethereum Proposal by Vitalik Buterin Introduces Advanced Account Abstraction Features
8.5.2024
A new Ethereum Improvement Proposal, EIP 7702, spearheaded by Vitalik Buterin and fellow collaborators, aims to refine account abstraction on the Ethereum network, enhancing quantum resistance and compatibility with existing standards. EIP 7702 Targets Enhanced Security and Compatibility According...
Hundred Finance hacker moves stolen assets a year after $7M exploit
2.5.2024
The hacker holds about $4.3 million in various crypto assets in their Ethereum wallet
Existing Blockchains Can’t Adopt Post-Quantum Cryptography Without Significant User Impact, Says Johann Polecsak
26.4.2024
As the prospect of quantum computers breaking today’s cybersecurity standards edges ever closer, Johann Polecsak, co-founder of the QAN blockchain platform, argues that public blockchains such as Bitcoin, Ethereum, and Solana are still ill-equipped to adopt post-quantum cryptography without...
Lazarus Group Targeting LinkedIn Users As Part Of North Korea Crypto Hacking Scheme
24.4.2024
Lazarus group, a crypto hacking collective sponsored by North Korea, is reportedly targeting LinkedIn users in the crypto sector as part of its latest crypto malware attempt, blockchain security firm SlowMist alleges.
The post Lazarus Group Targeting LinkedIn Users As Part Of North Korea Crypto...
BlockDAG Sparks Investor Interest with 30,000x ROI Potential Amid Moon Keynote Teaser as Polkadot & Shiba Inu Prices Surge
19.4.2024
Amidst the surging prices of Polkadot and Shiba Inu, BlockDAG is capturing the imagination of the cryptocurrency world with its groundbreaking potential for a 30,000x return on investment. As Polkadot advances its community engagement and Shiba Inu rides a wave of investor enthusiasm, BlockDAG...
Merlin Chain Sets New Standard for Blockchain Security and Innovation With State-of-the-Art Chain Architecture
11.4.2024
PRESS RELEASE. Singapore, April 11th, 2024 — Merlin Chain, a trailblazer in Bitcoin-native layer 2 (L2) protocols, has rolled out a comprehensive suite of security measures alongside revolutionary chain architecture. This initiative follows the platform’s remarkable achievement...
CertiK Discovers Telegram RCE Vulnerability Allowing Attacks on Users
9.4.2024
On April 9, the blockchain security platform CertiK discovered a Telegram vulnerability that enables hackers to use "primarily designed multimedia content, such as images or videos" to launch a remote code execution (RCE) threat.
The post CertiK Discovers Telegram RCE Vulnerability Allowing Attacks...
Web3 OS Lowers Operating Costs Without Sacrificing Blockchain Security – Brendan Cooper
16.3.2024
According to Brendan Cooper, a core contributor at Andromeda, the widespread distribution and adoption of the Web3 operating system (OS) will likely result in the emergence of new business models, much like what happened with the Web2 OS. The Web3 OS is also likely to simplify “how developers...
Crypto Experts Are Bullish on This New AI Coin – What’s Their Secret?
12.3.2024
A new AI-integrated blockchain security coin called Scotty the AI (SCOTTY) is making analysts of smaller market cap projects bullish right now. Thats because $SCOTTY combines the cultural stock of meme coin projects like Dogecoin and Shiba Inu with the added utility of an AI-powered blockchain...
Kyberswap Hack: Blockchain Security Firm Reports Movement of 800 ETH From Exploiter’s Address
26.2.2024
Blockchain security firm Peckshield revealed on Feb. 26 that an exploiter labeled address associated with the Kyberswap hack had bridged approximately 800 ether tokens from Arbitrum to the Ethereum blockchain. On the same day, the Kyberswap team unveiled revised dates for reimbursing users impacted...
Concerns Raised as Scam-as-a-Service Provider Registers as UK Business Entity
23.2.2024
The team behind a crypto wallet draining scam-as-a-service has registered as a private business in the UK, according to a tweet yesterday by blockchain security company Certik. #CertiKSkynetAlert ???? CryptoGrab – provider of the Nova wallet drainer – recently registered as a private company in...
Crypto Phishing Group Angel Drainer Reportedly Steals $400,000 From 128 Wallets
14.2.2024
Phishing group Angel Drainer stole over $400,000 from 128 crypto wallets after deploying a malicious vault contract yesterday. According to an X post published on February 13 by blockchain security firm Blockaid, Angel Drainer employed a new attack vector that exploited Etherscan’s...
Over $11 Million in Liquidity Drained From SafeMoon by Unknown Individual
12.2.2024
An unknown individual drained over $11 million in liquidity from various pools associated with the controversial cryptocurrency project SafeMoon on Monday. The transaction triggered immediate speculation about a possible connection to SafeMoon’s ongoing bankruptcy proceedings. Blockchain...
PlayDapp Suffers Security Breach with $32 Million PLA Token Exploited
12.2.2024
The web3 gaming platform PlayDapp has suffered a major security breach, resulting in the unauthorized issue of 200 million PLA tokens. The blockchain security and analytics firm PeckShield Inc. spotted the breach on Feb. 10 and alerted PlayDapp about the exploit in a social media post. Security...
Crypto Custody Firm Fireblocks Latest to Cut Jobs Amid Tech Layoffs
7.2.2024
Crypto custody provider Fireblocks has announced a reduction in its workforce as part of a restructuring effort. In a recent interview with Bloomberg, Fireblocks said it has been working on restructuring its go-to-market and customer support operations over the past six months. The goal is...
PeckShield: Crypto Scams Plummeted 27.78% in 2023
29.1.2024
Blockchain security firm PeckShield has released an overview of the state of cryptocurrency hacks in the last twelve months with over 600 reported cases resulting in losses of $2.61 billion. Impressively, crypto scams saw a drop of 27.78% in 2023. The company disclosed its latest findings in a...
Scammers Use Meme Coin Mania to Defraud 42,000 Victims and Amass $32 Million: Blockfence
22.1.2024
A group of fraudsters has managed to deceive over 42,000 victims, accumulating a staggering $32 million in a series of crypto scams that began in April 2023. What makes this scam unique is the use of a method that even fooled some of the industry’s renowned “rug pull detectors,”...
Over $4 Million Worth of Assets Stolen By Solana Wallet Drainers: Scam Sniffer
15.1.2024
Source: AdobeStock / Tomasz Bidermann Blockchain security firm Scam Sniffer says over $4 million worth of digital assets have been stolen by Solana wallet drainers in phishing attacks in the past month. Solana users should be vigilant for phishing attacks In a recent report, the firm tracked...