AXS was trading lower on Wednesday, after it was reported that the Axie Infinity network Ronin suffered a breach, leading to hackers stealing over $620 million from the blockchain-based trading and ba...
Tag: Hacks
PaleyFest LA 2022 Returns With In-Person Events Featuring Cast And Creatives Of Hit Shows
HOLLYWOOD, CALIFORNIA – MARCH 18: (L-R) Actors Susan Kelechi Watson, Sterling K. Brown, Milo … [+] Ventimiglia, Mandy Moore, Justin Hartely and Chrissy Metz attend The Paley Center For Med...
Anonymous Reportedly Hacks Russia’s Central Bank, Threatens to Expose 35,000 Secret Documents
Anonymous has hit the Russian Federation again by hacking its central bank and threatening to release thousands of sensitive documents. Additionally, the group continues to warn global companies that ...
Cybersecurity Disclosures Would Be Strengthened Under New SEC Proposals
SEC Proposes Enhanced Cybersecurity Disclosures For Companies Getty Images Disclosures of public company cybersecurity measures and hacks would be strengthened if new rules proposed by the Securities ...
Attacker Hacks Arbitrum’s Treasure DAO for Over 100 NFTs by Leveraging Marketplace Exploit – Bitcoin News
A non-fungible token market platform built on top of Arbitrum called Treasure DAO was hacked on March 3 at 7:33 a.m. (EST), according to a post mortem analysis authored by the security-focused firm Ce...
Security firms seek to make it more difficult for scammers to get away with DeFi project hacks
The rise of community-oriented blockchain security companies may be making it more difficult for alleged bad actors to get away without a trace. Early Wednesday, CertiK issued a community alert regard...
Bitfinex Hacks, Dumb NFTs, and The Tinder Swindler
Crypto memes lately have not disappointed. Who did meme-makers target this week? Let’s take a look. One of the most striking events of the past week was the arrest of a married couple who, allegedly, ...
$325 Million In Stolen Crypto ‘Safe’ After One Of Solana’s Biggest Hacks Ever—Ethereum And Sol Prices Still Plunging
Topline Wormhole Portal, a platform that helps users transfer cryptocurrency between the Solana and Ethereum blockchains, said Thursday morning that more than $325 million worth of tokens allegedly st...
Binance Creates $1B Insurance Fund for Users Against Hacks
According to Bloomberg, the world’s largest cryptocurrency exchange Binance has set up a $1 billion insurance fund for customers to double-protect the platform from hacking attacks. The issue of...
YouTuber Hacks Crypto Hardware Wallet and Recovers $2,000,000 in Lost THETA
A computer hacker that once testified before the U.S. Senate helped a crypto investor recover millions of dollars worth of tokens that were trapped in limbo. Joe Grand, also known as Kingpin, tells hi...
Binance builds up $1 billion insurance fund to cover potential hacks
advertisement Binance has amassed around $1 billion for an insurance fund, created as a buffer against the impact of a potential hack. The exchange has been earmarking money to protect users interests...
Engineer hacks Trezor wallet, recovers $2M in ‘lost’ crypto
A computer engineer and hardware hacker has revealed how he managed to crack a Trezor One hardware wallet containing more than $2 million in funds. Joe Grand — who is based in Portland also known by h...
Here’s what Binance Smart Chain execs think about hacks & failed transactions
The quick growth and evolution of Binance Smart Chain caught the attention of investors world over. At the same time, however, critics have slammed the blockchain and its team, claiming that issues li...
Individual Crypto Hacks Done by Using Malware from Darknet: Chainalysis
Over the last few years, hackers have been actively stealing smaller amounts of cryptocurrency from individual users using malware available on the internet or darknet, Chainalysis reported. For indiv...
Multichain hack’s losses grow to $3M following ‘worst way to treat vulnerability’
Hacks and scams within the crypto-industry took $14 billion from users in 2021, according to a recent report. While many hoped the new year won’t bring more bad news, it would seem that this may just ...
Most Defi Hacks in 2021 Had to Do With Centralization Issues, According to Certik – Defi Bitcoin News
Certik, a blockchain security and auditing firm, has reported that the most common attack vector for hacks in decentralized finance (defi) protocols had to do with centralization in 2021. This data is...
N.Korea Hacks Up at least 7 times on Crypto in 2021, Nearly $400M Stolen: Chainalysis
North Korean hacks on the cryptocurrency platforms jumped from four to seven extracting nearly $400 million worth of digital assets over the last year, blockchain analysis firm Chainalysis said in a n...
44 DeFi Hacks in 2021 Were Due to Centralization Issues – CertiK Report
44 DeFi hacks in 2021 were a result of centralization issues, according to a report by blockchain security firm CertiK. The report noted that security was becoming a priority task as DeFi gained even ...
Funds Lost to DeFi Hacks More Than Doubled to $1.3B in 2021: Certik
The amount of money lost in hacks of decentralized financed (DeFi) projects more than doubled to $1.3 billion in 2021, with centralization the most common vulnerability, Certik said in its inaugural &...
Centralization Caused Most DeFi Hacks of 2021, $1.3B Loss to Users in 2021
The growth of the digital currency ecosystem comes with so many challenges chief of whom is security. Innovative sectors of the industry, particularly decentralized finance (DeFi) have borne more of t...
Nervos Network partners up with Pastel to offer protection from NFT scams and hacks
An open-source blockchain ecosystem and a suite of interoperable protocols, Nervos Network, has entered a partnership with Pastel, revealing its ambition to grow its presence in the NFT space. As a re...
ImmuneFi report $10B in DeFi hacks and losses across 2021
Decentralized finance, or DeFi, security platform and bug bounty service ImmuneFi published an official report on Thursday, which calculated the total volume of losses in the cryptocurrency markets in...