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Bitcoin is set to reach gold’s market capitalization by 2029, thanks to “structural” ETF inflows and growing governmental adoption, as tariff concerns ease. The cryptocurrency market continued its recovery in the past week as the total crypto market capitalization breached the $3 trillion mark for the first time since the beginning of March. Bitcoin (BTC)…
Loopscale fell victim to a $5.7 million exploit after attackers manipulated its RateX PT token pricing, draining funds from its USDC and SOL vaults. DeFi protocol Loopscale has recovered nearly half of the funds stolen during a major exploit over the weekend, as white hat negotiations with the attacker show signs of progress. In an…
The lost funds represent about 12% of Loopscale’s total value locked (TVL), according to the DeFi lending protocol’s co-founder. Solana decentralized finance (DeFi) protocol Loopscale has temporarily halted its lending markets after suffering an approximately $5.8 million exploit. On April 26, a hacker siphoned approximately 5.7 million USDC (USDC) and 1200 Solana (SOL) from the…
Silent Push senior threat analyst Zach Edwards says the FBI has since shut down at least one of the companies. A subgroup of the North Korea-linked hacker organization Lazarus set up three shell companies, two in the US, to deliver malware to unsuspecting users. The three sham crypto consulting firms — BlockNovas, Angeloper Agency and…
KiloEx will compensate users hurt by a $7.5 million exploit, pledging full refunds to traders and bonus rewards for stakers after the price oracle attack. Decentralized exchange (DEX) KiloEx said it will compensate traders and stakers hurt by a $7.5 million exploit that temporarily shut down the platform earlier in April. In an April 24…
Kaspersky researchers say they have found 2,600 confirmed infections through this scam in different countries, with the majority of users in Russia. Cybersecurity firm Kaspersky says it has uncovered thousands of counterfeit Android smartphones sold online with preinstalled malware designed to steal crypto and other sensitive data. The Android devices are sold at reduced prices,…
Are you willing to hack and take control of Chinese websites for a random person for up to $100,000 a month? Someone is making precisely that tantalizing, bizarre, and clearly sketchy job offer. The person is using what looks like a series of fake accounts with avatars displaying photos of attractive women and sliding into…
A day after SIR.trading was hacked for $355,000, the protocol’s founder pleaded for the hacker to return a portion of the stolen funds. The founder of the recently hacked decentralized finance protocol SIR.trading has made an emotional plea to the attacker, asking them to return around 70% of the stolen customer funds otherwise, the protocol…
Cyberattacks originating from the country range from social engineering attempts to assaults on exchanges and can take a year to play out. North Korean cyberwarfare attacks on the cryptocurrency industry are growing in sophistication and in the number of groups involved in such criminal activity, crypto firm Paradigm warns in report titled “Demystifying the North…
Binance told Cointelegraph the data is not the result of a leak from the exchange but instead is a result of the hacker collecting data using malware on infected computers. Darkweb threat actors claim to have hundreds of thousands of user records — including names, passwords and location data — of Gemini and Binance users,…