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Stake experiences a security compromise worth $41 million


Stake has reportedly experienced a major hack for its hot wallets. This has caused the platform a loss of approximately $41 million. The malicious actor is said to have executed multiple transactions, thereby creating suspicion around the outflow of cryptocurrencies. This development was first...

Ripple Objects to SEC's Appeal of Ruling on Crypto as Non-Security


Ripple Labs has objected to the Securities and Exchange Commission's (SEC) request to appeal a federal judge's ruling that the XRP token is not a security when sold to the public.  On Friday, Ripple filed a request with US District Judge Analisa Torres in New York, urging her to deny the SEC's...

Infamous Chisel Targets Android Crypto Wallets, Raising Security Concerns


Infamous Chisel, a new malware, is attacking crypto wallets on Android devices, posing serious security concerns for crypto users. The malware was discovered to be extracting sensitive data via the Tor network.  While there is no confirmation, the malware is suspected to be the work of Sandworm,...

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