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” Hackers try to sell NFT of Belarusian leader’s supposed stolen passport “ A group of hacktivists called the Belarusian Cyber Partisans have been attempting to sell a nonfungible token (NFT) featuring the purported passport info of Belarus president Alexander Lukashenko. The Belarusian Cyber Partisans say the move is part of a grassroots fundraising campaign…
“John McAfee doc unravels the notorious tech mogul’s downfall” “James Bond meets Scarface with a little Indiana Jones.” That’s how John McAfee, the notorious tech mogul who lived a strange life shrouded in power, mystery, violence and international espionage, describes himself in the new Netflix documentary “Running With the Devil: The Wild World of John…
” Hacker tries to exploit bridge protocol, fails miserably “ Cross-chain bridges have increasingly become targeted by malicious entities. However, not all hackers can run away with millions in their exploit attempts. Some end up losing money from their own wallets. In a Twitter thread, Alex Shevchenko, the CEO of Aurora Labs, told the story…
” Can Web3 be hacked? Is the decentralized internet safer? “ Web3 came into existence posed as a blockchain-powered disruption to the current state of the internet. Yet, as a nascent technology, a fog of assumptions plagues discussions about the real capabilities of Web3 and its role in our day-to-day lives. Considering the promise of…
” Fei Protocol founder proposes ghosting Tribe DAO following hack repayment “ An attack in April 2022, which drained off nearly $80 million from various Rari Fuse pools, required the decentralized finance (DeFi) platform Fei Protocol to come up with a solution that minimizes damage to the ecosystem. Fei Labs’ latest proposal, which partly recommends…
” Velodrome recovers $350K stolen funds from team member Gabagool “ Velodrome Finance, a trading and liquidity marketplace, announced the recovery of $350,000 stolen on Aug. 4. However, the occasion turned bittersweet when internal investigations pointed out the involvement of a prominent team member, who goes by the pseudo name Gabagool. On Aug. 4, one…
” BlueBenx fires employees, halts funds withdrawal citing $32M hack “ BlueBenx, a Brazilian crypto lending platform, reportedly blocked all of its 22,000 users from withdrawing their funds following an alleged hack that drained $32 million (or 160 million Brazilian real). While no details about the hack were made available, the company allegedly laid off…
” Curve Finance resolves site exploits, directs users to revoke recent contracts: Finance Redefined “ Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. This past week, cross-bridge protocols became the center of DeFi discussions as a new…
“Four quick cybersecurity steps everyone must take right now” I have to tell you this story. When my college-bound son moved to Los Angeles, he asked me for the house number of a place I rented in the area 28 years ago for two months. I laughed because I couldn’t remember it. Then — I…
” Cross-chains in the crosshairs: Hacks call for better defense mechanisms “ 2022 has been a lucrative year for hackers preying on the nascent Web3 and decentralized finance (DeFi) spaces, with more than $2 billion worth of cryptocurrency fleeced in several high-profile hacks to date. Cross-chain protocols have been particularly hard hit, with Axie Infinity’s…