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Official X Account of Blockchain Security Firm CertiK Compromised – What’s Going On?
5.1.2024
Source: Pixabay/Werner Moser The X account (formerly Twitter) of blockchain security company CertiK has been compromised with bad actors posting a phishing link to a wallet drainer. On Jan 5, it was revealed that CertiK’s X account was a victim of a phishing attack with several calls from the wider...
CEO of Collapsed Crypto Fund HyperVerse Seems to Not Exist At All + More News
4.1.2024
“Hyperverse CEO Steven Reece Lewis”. Source: a video screenshot,DST NATIONAL CHANNEL / YouTube Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: CEO of Collapsed Crypto Fund...
$1.8 Billion Cryptos Lost Across 751 Security Breaches in 2023: CertiK report
4.1.2024
Source: Pixabay/Werner Moser 2023 saw a 51% decline in the digital assets lost to hacks, scams and exploits than that of 2022. However, a staggering $1.84 billion in cryptocurrencies were lost across 751 security breaches in 2023, blockchain security firm CertiK reveals. The 2023 “Hack3d” report...
Radiant Capital Reports Exploit of $4.5 Million Ethereum Loss
3.1.2024
Source: Radiant Capital (Edited by Hongji Feng) Radiant Capital has confirmed a security breach in its network, leading to the theft of Ethereum valued at approximately $4.5 million. According to the blockchain security company PeckShield Inc., the hacker drained 1,900 Ethereum tokens within...
December Ranks Fifth Highest Month in Crypto Scams With Over $100 Million Drained
2.1.2024
Source: Pixabay / Pete Linforth Blockchain security firm CertiK says that over $116 million was lost in December to cryptocurrency scams with exploits, exits scams and flash loan attacks recording highest figures. The firm posted the industry hack data for the previous on X (formerly Twitter)...
Blockchain Security Firm Says Pink Drainer Responsible for $4.4 Million LINK Exploit
29.12.2023
Source: AdobeStock / Tomasz Bidermann Cryptocurrency hacking group, Pink Drainer has been linked to the recent $4.4 million LINK user drain, increasing the number of their victims to 9,068 with a total of $18.7 million stolen. According to on-chain analytics firm Etherscan, another user has fallen...
Blockchain Security Firms Warn of Advanced AI Crypto Scams in 2024
27.12.2023
Source: Adobe / ink drop Blockchain security firms are cautioning crypto projects and investors about the looming threats of more sophisticated AI-powered scams in 2024. Despite the improvement seen in scam and hack-related losses, dropping from $4 billion in 2022 to $1.7 billion in 2023, experts...
Scammers Banked $59 Million in Crypto Exploiting Google Ads
22.12.2023
Source: Adobe / zedtox Scammers have over the past nine months used a wallet-draining service named “MS Drainer” to siphon around $59 million worth of crypto from numerous victims, according to a recent report by blockchain security firm Scam Sniffer. The scam operated through Google...
Blockchain Security Firm CertiK Warns OKX IOS Users to Update After Flagging Vulnerability
20.12.2023
Image Source: Adobe Blockchain security firm, CertiK has urged OKX users on IOS devices to update the software to the latest version after it identified a vulnerability with the potential of causing data and asset losses. In a post on X (formerly Twitter), the firm informed users of the discovery...
OKX DEX Exploited: Wallets Authorized to the Exchange Lost Approximately $370,000
13.12.2023
Image Source: Adobe OKX DEX, a decentralized exchange and cross-chain bridge aggregator, has been exploited, with some wallets authorized to the platform losing around $400,000. According to analysis conducted by blockchain security firm SlowMist, the issue revolves around the authorization...
Hacker Drains Over $2 Million from Safe Wallet- What’s Going On?
4.12.2023
Source: Pixabay A malicious actor has stolen over $2 million from Safe Wallet users in the past week through address poisoning theft raising the total victim count to 21. Several blockchain security firms have tracked suspected activity from different transactions resulting in losses from Safe...
Over $356M Lost to Hacks, Phishing Scams and Rug Pulls in Crypto in November: Beosin
1.12.2023
Source: Pixabay Beosin EagleEye’s latest report exposes a massive surge in blockchain security incidents during November 2023, leading to a staggering total loss of over $356 million. This marked an alarming 6.9-fold increase compared to the losses reported in October. Hacker Attacks Resulted...
Antpool to Refund 83 BTC Erroneously Paid as Gas Fee to User
30.11.2023
Source: Pixabay / Michael Wuensch Antpool has announced steps to give back 83 Bitcoin (BTC) paid in error as a transaction fee to the user days after the incident. Blockchain security firm, PeckShield posted an update from Antpool on X (formerly Twitter) on the 83 BTC gas fee which sparked diverse...
Suspicious Wallet Activity Indicates $110 Million Drain from HECO Bridge and HTX Exchange – What’s Going On?
22.11.2023
Blockchain security firms detect suspicious activity on HECO bridge and HTX with initial losses estimated at $110 million weeks after $100 million was drained from Poloniex. According to data from Cyver Alerts, a suspicious address has received $12 million from HTX cryptocurrency exchange followed...
Security Firm dWallet Labs Uncovers Vulnerability with $1 Billion of Crypto At Risk
21.11.2023
Source: Pixabay Blockchain security firm dWallet Labs recently unveiled a vulnerability that it asserts has the potential to impact approximately $1 billion worth of crypto. The security firm published a Medium blog post on Tuesday saying that it had discovered a potential vulnerability...
Fantom Awards $1.7 Million to Security Researcher for Spotting A Massive Vulnerability
21.11.2023
Source: Adobe Stock / sunilpurushe The Fantom Foundation has awarded a $1.7 million bounty to a blockchain security researcher who identified a potential breach that could result in $170 million losses. The non-profit organization that partakes in the blockchain’s development says it has eliminated...
Poloniex Crypto Exchange Reveals Hacker’s Identity, Offers $10 Million Bounty
20.11.2023
Source: AdobeStock / Tomasz Bidermann Digital asset exchange, Poloniex has uncovered the identity of the hacker who stole over $100 million from its wallet offering a $10 million bounty for a smooth recovery process. Blockchain security firm PeckShield revealed that Poloniex has made progress...
Blockchain Security Firm Peckshield Reports Suspicious Activity in Poloniex Exchange Wallet – $60 Million Drained?
10.11.2023
Blockchain security firm, Peckshield has flagged suspicious activity on a wallet owned by centralized cryptocurrency exchange Poloniex suggesting alleged losses of over $60 million. The company has not disclosed the actual amount that was stolen but on-chain data outflows to the receiving wallet...
CertiK Data Highlights Significant Slowdown in New Cryptocurrency Launches
9.11.2023
Source: Adobe / Andrii Yalanskyi Recent data from blockchain security firm CertiK has revealed a noteworthy slowdown in the creation of new cryptocurrencies, with the pace now reaching its slowest in three years. Citing data shared by CertiK, CoinDesk on Wednesday reported that the third quarter...
MacOS Malware KandyKorn Targets Crypto Owners
3.11.2023
A new MacOS malware, known as KandyKorn and linked to the notorious Lazarus Group, has recently been identified. The malware was discovered by the Elastic Security Labs. According to an official report published by the blockchain security firm, KandyKorn relies on social engineering tactics...