Indian crypto exchange CoinDCX hacked,  million drained

Indian crypto exchange CoinDCX hacked, $44 million drained

The cybersecurity exploit occurred due to a “sophisticated server breach,” CoinDCX CEO and co-founder Sumit Gupta announced on Saturday. Indian cryptocurrency exchange CoinDCX was hacked on Friday, leaving the exchange drained of $44 million.  The hackers compromised one of CoinDCX’s internal accounts used for “liquidity provisions” with another exchange through a server breach. No user…

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A surveillance vendor was caught exploiting a new SS7 attack to track people’s phone locations

A surveillance vendor was caught exploiting a new SS7 attack to track people’s phone locations

Security researchers say they have caught a surveillance company in the Middle East exploiting a new attack capable of tricking phone operators into disclosing a cell subscriber’s location. The attack relies on bypassing security protections that carriers have put in place to protect intruders from accessing SS7, or Signaling System 7, a private set of…

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US Army soldier pleads guilty to hacking telcos and extortion

US Army soldier pleads guilty to hacking telcos and extortion

Former U.S. Army soldier Cameron John Wagenius pleaded guilty to hacking telecommunication companies and attempting to extort them by threatening to release stolen files, the Department of Justice announced on Tuesday. According to the DOJ, Wagenius, who went online with the nickname “kiberphant0m,” conspired to defraud 10 victim companies by stealing their login credentials, using…

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Researchers foil M DeFi backdoor in thousands of smart contracts

Researchers foil $10M DeFi backdoor in thousands of smart contracts

The Venn Network team suspects the attack was linked to the North Korean Lazarus Group, citing its complexity and widespread deployment. Crypto security researchers uncovered and neutralized a critical threat affecting thousands of smart contracts, potentially preventing more than $10 million in crypto from being stolen.  On Thursday, pseudonymous Venn Network researcher Deeberiroz shared in…

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