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“#Experts warn against storing passwords in Chrome” Hackers are preying on people working from home for passwords stored in web browsers, experts claim. Keeping passwords saved in the likes of Chrome and Edge are pretty common practice and usually considered quite safe. They are designed to take the hassle out of remembering login details for…
“# Polygon upgrade quietly fixes bug that put $24B of MATIC at risk ” Ethereum-based layer two scaling network Polygon has quietly fixed a vulnerability that put almost $24 billion worth of its native token MATIC at risk. According to a Dec. 29 blog post from Polygon, the “critical” vulnerability in the network’s Proof-of-Stake (PoS)…
“# Beware of sophisticated scams and rug pulls, as thugs target crypto users ” This year has been monumental for the cryptocurrency sector in terms of mainstream adoption. A recent report published by Grayscale Investments found that more than one-quarter of United States investors (26%) surveyed own Bitcoin (BTC), up from 23% in 2020. With the…
“# Hong Kong NFT project Monkey Kingdom loses $1.3M in phishing hack, launches compensation fund ” On Tuesday, Solana nonfungible token (NFT) project Monkey Kingdom, which has received notable backing from American DJ Steve Aoki, announced via Twitter that hackers made off with $1.3 million of the community’s crypto funds through a security breach on…
“# Bent Finance confirms pool exploit, advises investors to withdraw funds ” Staking and farming platform Bent Finance joins the list to become the sixth crypto establishment to get hacked in December. The acknowledgment of the attack was followed by requesting investors to withdraw their pool funds and disabling the reward claims on the compromised…
“#Why is the Log4j cybersecurity flaw the ‘most serious’ in decades?” A newly discovered cybersecurity flaw is affecting vast swaths the internet from Google and Amazon to the systems used to run militaries and hospitals, with US Homeland Security’s top cybersecurity official calling it the most serious vulnerability in decades. The flaw is present within…
“# DeFi protocol Grim Finance lost $30M in 5x reentrancy hack ” The decentralized finance (DeFi) protocol Grim Finance reported $30 million in losses due to a reentrancy exploit of the platform’s deposits. Grim Finance officially announced on Dec. 18 that an “external attacker” had exploited the DeFi platform, stealing “over $30 million” worth of cryptocurrencies….
“# 3 reasons why Nexus Mutual (WNXM) price is holding steady in a volatile market ” There is always going to be risks involved with interacting with cryptocurrencies and recent proof of this can be seen over the past few weeks after savvy hackers managed to abscond with millions of dollars worth of tokens from Bitmart, AscendEX…
“#Apple, Cloudflare and Minecraft face security risk” Apple, Cloudflare and Minecraft could be at risk from a “critical” security flaw, experts have warned. The Department of Homeland Security’s top cyber chief has urged companies and governments to move quickly as hackers swoop in. Meanwhile, all federal agencies have been ordered to update their software urgently. Jen…
“# AscendEX loses $80M following ERC-20, BSC, Polygon hot wallet compromise ” Crypto trading platform AscendEX suffered a loss of $77.7 million in a hot wallet compromise that allowed hackers to access and transfer tokens hosted over the Ethereum (ETH), Binance Smart Chain (BSC) and Polygon (POLY) blockchains. Soon after realization, AscendEX proactively warned its…