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“#5 of America’s largest meat plants shuttered after JBS cyberattack” Five of America’s largest beef plants were shut down Tuesday, following a cyberattack, further throttling a pandemic-ravaged supply chain, reports said. The closure of the JBS SA plants, which collectively handled 22,500 cattle a day, instantly wiped out nearly 20 percent of America’s beef production…
“# Don’t blame crypto for ransomware ” Recently, gas has been a hot topic in the news. In the crypto media, it’s been about Ethereum miner’s fees. In the mainstream media, it’s been about good old-fashioned gasoline, including a short-term lack thereof along the East Coast, thanks to an alleged DarkSide ransomware attack on the…
“#Colonial Pipeline CEO paid ransom to hackers ‘for the country’” The CEO of Colonial Pipeline claims he ignored FBI guidance and forked over a $4.4 million ransom to the hacking group DarkSide because “it was the right thing to do for the country.” Joseph Blount, the chief executive of Colonial Pipeline, said in an interview…
“#Cyberattack on US pipeline is linked to criminal gang” The cyberattack that shut down a major oil pipeline was carried out by a gang that is known to extort corporations and give a cut of the ransoms to charity, a new report said. The Colonial Pipeline, which carries more 100 million gallons of fuel from…
“# Rari Capital falls victim to $11 million exploit ” After a $11 million attack earlier today, Rari Capital is the latest decentralized finance (DeFi) protocol to fall victim to a high-priced exploit The platform, which builds optimized yield vaults and boutique lending pools, confirmed the attack in a Tweet and said that a full…
“# Hotbit crypto exchange shuts down for maintenance after attempted hack ” Cryptocurrency exchange platform Hotbit has shut down all of its services after an attempted cyberattack on Thursday. “Hotbit just suffered a serious cyber-attack starting around 08:00 PM UTC, April 29, 2021, which led to the paralyzation of a number of some basic services,”…
“# DeFi hacks and exploits total $285M since 2019, Messari reports ” DeFi’s rising popularity since 2019 has seen the emerging market segment become a target for hackers and opportunistic profiteers. According to a report by crypto research company Messari, DeFi protocols have lost about $284.9 million to hacks and other exploit attacks since 2019….
“# Uranium Finance developer suspected of ‘leaking’ information leading to $50M exploit ” The $50 million exploit of Uranium Finance, a DeFi protocol on the Binance Smart Chain, may have been an inside job, according to a member of the project’s development team. The theory was put forward on Uranium Finance’s Telegram channel by a…
“# $50M reportedly stolen from BSC-based Uranium Finance ” Uranium Finance, an automated market maker platform on the Binance Smart Chain has reported a security incident that resulted in a loss of about $50 million. Tweeting on Wednesday, Uranium revealed that the exploit targeted its v2.1 token migration event and that the team was in…
“# Smart contract exploits are more ethical than hacking… or not? ” There has been a lot of talk about the recent “hacks” in the decentralized finance realm, particularly in the cases of Harvest FInance and Pickle Finance. That talk is more than necessary, considering hackers stole more than $100 million from DeFi projects in…