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“# BadgerDAO reportedly suffers security breach and loses $10M ” The BadgerDAO decentralized finance protocol appears to have suffered from a cyber attack leading to the loss of a reported $10 million at the time of writing. The attack, which was made public at about 2 a.m. UTC on Dec. 2, targeted the protocol on…
“#iPhone trick that keeps passwords safe has just been shut down” Firefox, one of the world’s most popular web browsers, has announced that it will end support for its password manager app next month. Instead, the browser itself will take on the tool’s features such as providing access to saved passwords and performing autofill functions…
“# “PlugWalkJoe” indicted for $784k cryptocurrency theft scheme ” Joseph O’Connor, known in some corners of the internet as PlugWalkJoe, was indicted on an array of charges relating to a May 2019 cryptocurrency exchange hack. During the attack, he is alleged to have absconded with digital assets valued at approximately $784,000. In the criminal scheme,…
“# Game over! ‘Squid Game’-inspired crypto scam collapses as price crashes from $2.8K to zero ” A cryptocurrency inspired by Netflix’s internationally hit TV show Squid Game scammed investors in what appears to be a $3.38-million “rug pull” scheme. Dubbed SQUID, the cryptocurrency plunged to almost a fraction of a cent minutes after crossing over $2,850 at…
“# Finance Redefined: Near’s $800M fund, Miami embraces crypto, Oct. 22–29 ” Welcome to the latest edition of Cointelegraph’s decentralized finance (DeFi) newsletter. The DeFi space was full of fundraising this week. Read on to discover where the venture capital firm led by Reddit’s co-founder is making notable investments. What you’re about to read is…
“# THORChain concludes 2 security audits following summer exploits ” Cross-chain liquidity protocol THORChain has fully recovered from two summer exploits that compromised millions of dollars in user funds after the company announced Thursday that it had received passing grades in a new security audit. The simultaneous audits, which were carried out by cybersecurity companies…
“# BREAKING: Cream Finance appears to have suffered major loss in flash loan hack ” Decentralized lending platform Cream Finance appears to have suffered a severe exploit on Wednesday, with an attacker stealing over $100 million worth of funds through a large flash loan attack. Blockchain data analytics company PeckShield first identified the flash loan…
“# Immunefi to bolster DeFi security service with new funds ” DeFi security platform Immunefi has announced a $5.5 million funding from a panoply of eleven institutional investors including Blueprint Forest, Electric Capital, Framework Ventures and Bitscale Capital, in addition to a series of private individuals. Immunefi will utilize the funds to advance its services…
“# YouTube channels hacked and rebranded for live-streaming crypto scams ” A new report shared by Google’s Threat Analysis Group (TAG) highlights an ongoing phishing campaign against YouTube creators, typically resulting in the compromise and sale of channels for broadcasting cryptocurrency scams. The TAG attributes the attacks to a group of hackers recruited in a…
“# CoinMarketCap hack reportedly leaks 3.1 million user email addresses ” CoinMarketCap, a price-tracking website for cryptocurrencies, has reportedly fallen victim to a hack that leaked 3.1 million user email addresses. The information came into light after the hacked email addresses were found to be traded and sold online on various hacking forums, and revealed…