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40 Countries Pledge to Combat Ransomware and Disrupt Cybercriminal Funding Through AI-Driven Blockchain Analysis
1.11.2023
A U.S.-led alliance comprising forty countries has committed to signing a pledge that they will never pay ransom to cybercriminals. The initiative, known as the International Counter Ransomware Initiative, is intended to eliminate the funding mechanism for hackers, Reuters reported, citing a senior...
US Deputy Treasury Secretary Implies Some Crypto Firms Refuse to Stop Illegal Fund Movements
27.10.2023
The US government is increasing its efforts to combat cryptocurrency criminal funding, especially in response to terrorist attacks in Israel. The world’s largest economy has expressed concerns that some crypto firms are not doing enough to prevent illegal funds flowing to bad actors. Speaking...
Neo Announces EVM-Compatible Sidechain to Prevent MEV Attacks
27.10.2023
Neo, the open-source blockchain platform, has revealed its plans for the development of a new Ethereum Virtual Machine (EVM)-compatible sidechain, a move aimed at expanding its capabilities in the decentralized finance (DeFi) sector. Sidechain Will Offer Interoperability With NEO N3 Mainnet In...
Web3 Security Firm Blockaid Raises $27M to Help Tackle Industry's 'Never-Ending' Challenges
23.10.2023
The New York and Tel Aviv-based company said it would use the funding to scale its product, customer base and team to address the industry’s security challenges
Lightning Network Developer Warns About Major Vulnerability, Abandons Security Tasks
23.10.2023
Antoine Riard, a Lightning Network (LN) developer, recently disclosed a major vulnerability affecting Bitcoin’s scaling layer. This vulnerability, which was addressed with a series of mitigations, involves a “new transaction-relay jamming attack” that can affect shared funds...
Senator Warren Demands Action Against Crypto-Funded Terrorism Following Hamas Attacks
18.10.2023
In a move paralleling heightened crypto regulatory urgency in the country, Senator Elizabeth Warren led a bipartisan group of 102 lawmakers in sending a letter to U.S. security officials on Tuesday.
Simultaneously, the Department of the Treasury announced today new sanctions against entities...
JPMorgan CEO Warns of ‘Most Dangerous Time the World Has Seen in Decades’
15.10.2023
JPMorgan Chase CEO Jamie Dimon has warned of “the most dangerous time the world has seen in decades.” The executive explained that “the war in Ukraine compounded by last week’s attacks on Israel may have far-reaching impacts on energy and food markets, global trade, and geopolitical...
Alameda Research Lost $200M to Several Phishing Attacks Due to “Poor Security Practices”: Ex-FTX Engineer
12.10.2023
Former Alameda Research software engineer Aditya Baradwaj has exposed several security flaws that reportedly caused the FTX’s sister hedge fund at least a staggering $200 million.
In a series of posts on X (Twitter), titled ‘The Hacks,’ the whistleblower revealed, “poor security practices...
Alameda Lost Nearly $200M to Phishing Attacks, Ex-Engineer Says
12.10.2023
Lax security practices seemed to be a feature of the former crypto trading titan
Crypto Stolen From Indian Businessman Used by Hamas in Attacks on Israel
12.10.2023
Nearly 4 crore INR ($480,000) crypto stolen from a businessman in Delhi, India has been traced back to crypto accounts linked to Hamas by Indian police.
Indian authorities received input from Israeli intelligence agency Mossad regarding some suspect wallets that were being used by terror...
Friend.tech Adds 2FA Password for Users Amidst Ongoing SIM-Swap Attacks
10.10.2023
The team behind the decentralized social media platform Friend.tech has responded to a series of SIM-swap attacks targeting its users by implementing a crucial security enhancement.
In a recent announcement on X (formerly Twitter), Friend.tech unveiled the introduction of a Two-Factor...
Friend.tech adds new security upgrade in wake of SIM-swap attacks
10.10.2023
The 2FA security measure is optional for Friend.tech users seeking additional security on the platform
Certik Study: $332 Million Lost to Exploits, Hacks and Scams in September, More Than $1.3 Billion Lost in 2023
8.10.2023
In the month of September, digital assets worth approximately $332 million were siphoned from trading platforms via methods that include flash loan attacks, exit scams, and exploits. The value of digital assets stolen through exploits rose from $13.5 million in August to nearly $330 million...
Shielding Your Digital Realm: How to Protect Yourself and Crypto From SIM Swap Attacks
6.10.2023
In 2023, several SIM swap attacks have targeted cryptocurrency advocates and high-profile industry members, including Ethereum co-founder Vitalik Buterin. Below is a comprehensive guide aimed at educating our readers on mitigating SIM swap attacks and safeguarding against hacks. Understanding...
Friend.tech SIM-swap scourge continues as scammer nets $385K in Ether
5.10.2023
Leaked mobile phone numbers have given scammers an easy way to drain Friend.tech user accounts
Digital Assets Worth Billions Still Secure Despite Rise in Cyber Attacks — Former Microsoft Security Lead
22.9.2023
A former Microsoft Security Lead has insisted that a great proportion of digital assets worth billions of dollars are secure and are being “safely managed by hundreds of protocols.” The security expert suggested that protocols also need to have a platform that allows users to rate...
Celsius creditors flag renewed phishing attacks ahead of bankruptcy plan
20.9.2023
Creditors of crypto lender Celsius Network have reported receiving a new flood of phishing emails, likely resulting from two data breaches last year
The Short History Of Shiny Pokémon Getting Shiny Attacks
18.9.2023
Pokémon Scarlet and Violet’s first DLC, The Teal Mask, brings a handful of new ‘mons to add to your Pokédex, and one in particular is becoming a fan favorite: Dipplin. The grass/dragon-type Pokémon is based on a candy apple, and is drenched in a warm, red syrup. However, if you catch its shiny...
What are address poisoning attacks in crypto and how to avoid them?
16.9.2023
Address poisoning attacks involve tracking, misusing or compromising cryptocurrency addresses
How to identify and protect against routing attacks in the Lightning Network
14.9.2023
To protect against routing attacks in the Lightning Network, utilize watchtowers, verify channel state changes, and prioritize well-established payment channels