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US Government Warns of North Korean Crypto Attacks After Tying Nation to $625M Hack
19.4.2022
The government said it had observed North Korean cyber actors targeting a wide range of crypto and blockchain companies, including exchanges, DeFi protocols and play-to-earn games
MetaMask Issues Warning About Phishing Attacks Via iCloud After a User Lost USD 650K
18.4.2022
Popular software crypto wallet MetaMask has issued a warning about possible phishing attacks through Apple’s cloud service iCloud. The warning comes after scammers managed to steal USD 650,000 worth of crypto using this attack vector....
Read More: MetaMask Issues Warning About Phishing Attacks...
Beanstalk Hacker Drains USD 182M from Project, But Nets Only USD 80M
18.4.2022
Beanstalk, a decentralized credit-based stablecoin protocol, fell victim to a flash-loan attack over the weekend that saw the protocol exploited for USD 182m worth of crypto. However, the attacker managed to cash out 'only' USD 80m.
According to blockchain security firm PeckShield, the attacker...
ETH Mixer Tornado Cash Reveals Blocking OFAC Sanctioned Ethereum Addresses via Chainalysis Oracle Contract
16.4.2022
According to the project’s official Twitter account, Tornado Cash, the ethereum mixing service that allows participants to shuffle ether, is blocking flagged ethereum addresses listed on the Office of Foreign Assets Control’s (OFAC) Specially Designated Nationals And Blocked Persons...
Crypto Gaming 'Landlords' Upset They Can't Keep Exploiting All The Players Quitting
16.4.2022
Axie Infinity is the crypto-backed Pokémon clone in which cute little creatures that double as NFTs battle for fun and profit. It’s also a pyramid scheme that relies on cheap labor from countries like the Philippines to fuel its growth. Now, fictional inflation, combined with a historic crypto...
OFAC Update Claims Ronin Hack Is Tethered to North Korea’s Hacker Syndicate Lazarus Group
15.4.2022
According to the U.S. Treasury and the Office of Foreign Assets Control (OFAC), the recent Ronin bridge hack may have been tied to the North Korean hacker syndicate called Lazarus Group. Federal law enforcement officials have tied the flagged ethereum address connected with the Ronin bridge exploit...
North Korea’s Lazarus Group Behind Axie Infinity's Ronin Hack, Say US Treasury, FBI
15.4.2022
The United States Treasury Department has sanctioned an ethereum (ETH) address that it says received coins stolen in the Ronin Bridge hack – and the FBI has claimed that the North Korean Lazarus group of hackers was behind the security breach....
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North Korean Lazarus Group allegedly behind Ronin Bridge hack
14.4.2022
Treasury Department updates SDN list to ostensibly tie infamous hacker group to last month’s mega-heist
Axie Infinity Developer Sky Mavis Offers up to USD 1M in Bounty for 'Fatal Bugs'
13.4.2022
Sky Mavis, the firm behind the popular blockchain-based online game Axie Infinity (AXS), has launched a bug bounty program to incentivize white-hat hackers to find bugs associated with its services.
In an announcement, the team detailed that the program covers issues related to the...
The aftermath of Axie Infinity’s $650M Ronin Bridge hack
12.4.2022
Since the hack of Axie Infinity’s Ronin bridge, developers behind the game have raised $150 million to reimburse the affected users
Axie Infinity sees 'no signs of buyers' as AXS price tumbles 30% in two weeks
11.4.2022
AXS price nonetheless tests a key inflection area that has historically acted as strong support
Sky Mavis Raises $150 Million in Financing Round Led by Binance to Refund Users Affected by the Ronin Bridge Exploit
9.4.2022
Sky Mavis, the company behind the play-to-earn (P2E) game Axie Infinity, announced it has raised $150 million in a funding round to replenish the funds the company lost in the Ronin Network exploit. The funding round — which was led by Binance and had the participation of companies like...
Axie Infinity Builder Takes ‘Full Responsibility’ for $625M Ronin Hack, Exec Says
8.4.2022
“These are the players who trusted us, and we failed to live up to that trust,” Sky Mavis co-founder Alexsander Larsen said on CoinDesk TV Friday
Axie Infinity Builder Takes ‘Full Responsibility’ for $625M Ronin Hack, Exec Says
8.4.2022
“These are the players who trusted us, and we failed to live up to that trust,” Sky Mavis co-founder Alexsander Larsen said on CoinDesk TV Friday
NFT Traders, Beware of Social Engineering Hacks
6.4.2022
Holders of blue-chip non-fungible tokens (NFTs) have long been targets of various types of attacks given the value of their possessions - and now scammers seem to have found new loopholes to take advantage of.
A popular vector of attack for scammers has so far been malicious links, where...
Feds Seize $34 Million in Crypto From Unidentified Florida Man
5.4.2022
On April 4, 2022, the Department of Justice (DOJ) and the U.S. Attorney’s Office of South Florida revealed that law enforcement seized $34 million in crypto assets from an unidentified man living in Florida. According to the DOJ, the man allegedly conducted more than 100,000 sales on darknet...
How Flare Network Could Help Prevent Ronin Network Hack and Other Multisig Platforms?
5.4.2022
If you have followed the happenings in crypto for the past fortnight, you may be familiar with the Ronin network exploit that threatened a $620 million loss in cryptocurrencies. The unofficial post mortem shows the hackers used compromised private keys to forge withdrawal signatures, an issue that...
UK's Global Crypto Hub Goal, Intel's 'Major Role' in Bitcoin Mining, KuCoin's NFT Move + More News
4.4.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: UK's Global Crypto Hub Goal, Intel's 'Major Role' in Bitcoin Mining, KuCoin's NFT Move + More News
Scammers Impersonate CoinMarketCap to Sell Fake 'CMC' Tokens
4.4.2022
In an attempt to defraud potential users, scammers hacked major crypto market data provider CoinMarketCap's CrypTown social network and published links to a fake token sale.
According to screenshots shared by users, the Binance-owned CoinMarketCap's verified account shared a post teasing...
Here's How You Can Protect Yourself Against Phishing as Trezor is Attacked
4.4.2022
Trezor, a popular Bitcoin (BTC) hardware wallet, has revealed that its newsletter has been compromised, warning users of phishing attacks -- but the team's chief information security officer (CISO) shared tips on how to stay crypto-safe just days earlier....
Read More: Here's How You Can Protect...