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“# North Korean hackers stole $400M in 2021, mostly ETH: Chainalysis ” North Korean crypto hackers siphoned off nearly $400 million in crypto through cyber attacks in 2021 according to new data from Chainalysis. The type of crypto stolen has also seen a sea change according to the Jan. 13 report from the blockchain analytics…
“# LCX loses $6.8M in a hot wallet compromise over Ethereum blockchain ” Liechtenstein-based crypto exchange LCX has confirmed the compromise of one of its hot wallets after temporarily suspending all deposits and withdrawals on the platform. The hack was first identified by PeckShield, a blockchain security company, based on the suspicious transfer of ERC-20…
“# 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 2021. According to its report, the company found that losses resulting from hacks, scams…
“#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…
“#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…