2024: A Bumper Year for Crypto Hackers – Centralized Services and Private Keys at Risk

Key Takeaways: Cyberattacks targeting cryptocurrencies surged in 2024, with losses totaling $2. 2 billion. Centralized financial services (CeFi) and weak private key management became easy targets for hackers. дальше »

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The Quantum Computing Threat for Satoshi Nakamoto’s 1 Million Bitcoins

Key Takeaways: Quantum Threat to Early Bitcoin Transactions: The 1 million Bitcoins associated with Satoshi Nakamoto are particularly vulnerable due to the Pay-to-Public-Key (P2PK) format, which exposes public keys and could be exploited by advanced quantum computers. дальше »

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Tiny Sentry Keys Bring Affordable Access to Xai’s Gaming Ecosystem

Xai's Tiny Sentry Keys make Ethereum gaming accessible. Affordable NFTs unlock rewards, lower barriers, and expand the Web3 gaming ecosystem. The post Tiny Sentry Keys Bring Affordable Access to Xai’s Gaming Ecosystem appeared first on NFT News Today. дальше »

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DeSci project Pump Science exploited following private key leak

Decentralized science platform Pump Science has warned users of fraudulent tokens deployed via its Pump.fun account after its private key was leaked on GitHub. According to a Nov. 27 announcement, the attacker managed to acquire private keys linked to its… дальше »

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Dogecoin Influencer Drops Crucial Warning For DOGE Investors, You Could Lose Your Coins If You Don’t Do This

Popular Dogecoin influencer Mishaboar has issued an urgent warning to all DOGE investors and the broader community. Mishaboar has revealed that investors stand to lose all their coins if they fail to retrieve their private keys from the defunct Dogechain. дальше »

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Quantum computer ‘threat’ to crypto is exaggerated — for now

Bitcoin’s private keys won’t be breached any time soon, but the industry still needs to transition to “post-quantum cryptography.”  дальше »

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Radiant Capital Loses $50M to Second Blockchain Exploit This Year

Attackers appear to have obtained three private keys controlling upgrade access over the protocol. дальше »

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Crypto Malware Discovered in Python Package Index Threatens Wallet Security

A recent report from cybersecurity firm Checkmarx reveals a dangerous new malware strain in the Python Package Index (PyPI) designed to steal private keys, mnemonic phrases, and other sensitive data, threatening cryptocurrency wallets. дальше »

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New Android malware steals private keys from screenshots and images

According to a recent FBI warning, North Korean hackers are “aggressively targeting” the crypto industry with “well-disguised” attacks. дальше »

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Dawn Of Voltaire Era: Cardano Founder Charles Hoskinson Declares “Genesis Keys Are Dead”

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'Genesis Keys Are Dead,' Charles Hoskinson Issues Crucial Chang Update

Cardano has burnt Genesis Keys ahead of Chang hard fork upgrade дальше »

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Not Your Keys, Not Your Name: Here’s Why Naming is the Next Killer App for Bitcoin

Why we need a decentralized solution to domain names, and namespaces to find content on the internet, that is beyond the control of centralized third parties. дальше »

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Hamster Kombat team reveals, how to earn even more inside the game

The Hamster Kombat team explained how to increase the airdrop rewards and shared new game updates. Hamster Kombat developers have opened up the opportunity for players to receive more in-game keys daily — up to 17. One of the keys… дальше »

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The Key to FROST: What is Distributed Key Generation?

Describing the process of generating keyshards for a FROST multisig wallet in a secure and distributed way, rather than using a single trusted entity to generate the keys. дальше »

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Secure Your Bitcoin Vault with a YubiKey: Casa

Casa now lets users secure their Bitcoin vaults with YubiKey hardware security keys, bringing convenience and security to Bitcoin self-custody. дальше »

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NoOnes Bitcoin Philosophy: Everyone Eats

NoOnes CEO, Ray Youssef, discusses one of the keys to making his P2P plan for the Global South a reality дальше »

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Seedless Keys And DLCs: How Lava Is Making Bitcoin Custody Easy

Shezan Maredia, founder and CEO of Lava, is working to create an easy-to-use and secure Bitcoin financial app. Lava Vault, a state-of-the-art self-custody wallet, is its newest feature, while Lava Loans is on the way. дальше »

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CoinStats temporarily shuts down, advises users to transfer their funds

CoinStats has temporarily shut down its app after the June 22 security breach. Users are advised to transfer funds immediately using exported private keys. Scam notifications have been distributed through the CoinStats push notification and an in-app message. дальше »

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XLink onboards Fireblocks, Ancilia to prevent another $10M hack

The partnerships provide MPC technology, significantly improving security measures compared to traditional multisig solutions or single private keys. дальше »

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Make Good Choices, Be Good Leaders

Author George Mekhail outlines one of his keys to Sound Parenting, raising children as the future leaders they are. From his new book, I Am Not Your Bruh: 21 21 Keys to Sound Parenting. дальше »

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Hackers target OKX customers in suspected SIM swap attack

Hackers have allegedly targeted OKX, stealing funds from at least two accounts in a sophisticated attack involving SMS risk notifications and the creation of new API keys. Crypto exchange OKX has reportedly been targeted by hackers, with at least two… дальше »

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There’s a DElephant in the room and DePIN can usher it out of the door

The following is a guest post from Venket Naga, CEO at Serenity Shield. Would you give a stranger the keys to your house, permitting them to do whatever they wanted with the goods inside? If you did, and that stranger went and crafted some fake replicas of your personalized jewelry to sell at auction, lent […] The post There’s a DElephant in the room and DePIN can usher it out of the door appeared first on CryptoSlate. дальше »

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Cardano’s "genesis keys": Centralization or necessary control?

Justin Bons raised concerns about Cardano's "genesis keys," challenging decentralization claims. Despite the challenges, Cardano highlights strong development activity. As the broader marketThe post Cardano’s "genesis keys": Centralization or necessary control? appeared first on AMBCrypto. дальше »

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7 Tips For Traveling With Bitcoin Keys

As Bitcoin becomes more integrated into everyday life, review some simple tips to keep your bitcoin safe and secure while on the road. дальше »

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DogeChain to Cease Operations: Withdraw Dogecoin (DOGE) Now

DogeChain Wallet, crucial for Dogecoin transactions, will shut down on June 1, 2024. Users are urged to transfer their DOGE and secure their private keys promptly to avoid potential losses. The post DogeChain to Cease Operations: Withdraw Dogecoin (DOGE) Now appeared first on BeInCrypto. дальше »

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Bitcoin Whales, Not Retailers, Are Safe If The United States Government Begins Confiscating Coins: Analyst

Willy Woo, an on-chain analyst, took to X on April 29, raising concerns about the fate of retail Bitcoin investors if the world, especially the United States, plunges into a recession. Woo, referencing historical events, argues that while large Bitcoin holders, or “whales,” are likely to weather the storm since they control private keys of their coins, […] дальше »

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Open Source Al Bot Caught Stealing Cryptos

An unnamed AI bot includes a backdoor code that facilitates the theft of its users' private keys.

The post Open Source Al Bot Caught Stealing Cryptos appeared first on BeInCrypto.

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Revealing the Crypto Rich List: Discover the Top 10 Wealthiest Crypto Individuals

A recent report by Arkham highlights the top 10 wealthiest crypto figures, with Justin Sun leading at $1.06 billion, though many face locked assets due to lost private keys. The post Revealing the Crypto Rich List: Discover the Top 10 Wealthiest Crypto Individuals appeared first on BeInCrypto. дальше »

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Apple’s legal woes mount as vulnerability threatening crypto security comes to light

Academic researchers have unearthed a significant vulnerability within Apple’s M-series computing chips, potentially jeopardizing the security of private crypto keys. On the same day, the US Department of Justice (DOJ) filed an antitrust case against the iPhone maker, alleging monopoly practices detrimental to consumers, developers, and competitors. дальше »

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Urgent Alert For Apple Mac Users: Your Cryptos Could Be At Risk

A newly identified vulnerability in Apple’s M-series processors could have dire implications for crypto users, with the potential to compromise the private keys essential for securing digital assets. дальше »

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8 Reasons to use a Bitcoin Hardware Wallet

Securing your bitcoin private keys is no simple task, and users need to select between software wallets, paper wallets, hardware wallets and even “brain wallets.” Here is 8 reasons to stick with hardware when securing your stack. дальше »

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Saving Seeds in DNA: Bitcoin as Information

Your Bitcoin private keys are simply bits of random information. Information can be encoded and stored in an incomprehensible number of ways, including DNA. дальше »

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Understanding Your Bitcoin Keys: Bip39 Seed Words

How large numbers and randomness secure your bitcoin, and what your seed phrase has to do with it. The first installment of “10 Steps to Self-Sovereignty” powered by Ledger. дальше »

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How Apple’s Quantum-Resistant Tech Can Strengthen Crypto Wallet Security

Crypto wallet vendors may benefit from a new Apple technology that can defeat attacks intended to compromise private keys. The post How Apple’s Quantum-Resistant Tech Can Strengthen Crypto Wallet Security appeared first on BeInCrypto. дальше »

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NFT Platform Behind Steve Aoki, Mike Tyson, NBA and More Announces Its Galaxis Engines Platform

Galaxis, the NFT platform, announced a new service this week that aims to serve as a decentralized backbone, empowering holders to earn the project’s token while mining and distributing essential launch keys. дальше »

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Terra Classic (LUNC) community votes on the proposal to burn all USTC tokens

While the Terra Luna ecosystem battles to recover, the LUNC community votes to burn all USTC stablecoins. The decision comes as the project saw renewed interest in the plan to burn over 8 million USTCs from the Risk Harbor Wallet, which lost security keys. дальше »

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Your Keys, Your Control: Why Self-Custody Is More Important than Ever

In 2023, crypto breaches led to significant losses, pushing the shift towards self-custody for financial security. This move towards personal wallets and private key management is essential in today’s vulnerable crypto market. дальше »

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Crypto Trading Firm Kronos Research Offers 10% Bounty to Hacker

Kronos Research was hacked in mid-November via stolen API keys, with the attacker making off with $25 million дальше »

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Lido node operator to rotate keys after security firm flags vulnerability

InfStones, a Lido node operator, will rotate its validator keys followng a vulnerability disclosure by blockchain security firm dWallet Labs. The vulnerability was acknowledged by Lido, which said its security team was working with the node operator to assess the scope and potential impact. дальше »

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Kronos Research halts trading following API key hack

Crypto trading and market making platform Kronos Research announced on November 19 that it had paused all trading activity after a hack incident involving compromised API keys. The crypto platform said halting trading was “in the interest of transparency” amid an investigation around the unauthorised access. дальше »

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Kronos Research Halts Operations After Losing $26 Million In Security Breach

Kronos Research, a Taipei-based market maker, trading firm, and venture capital fund, witnessed the withdrawal of significant amounts of crypto assets due to a breach of its security system.   Kronos Breach: Investigation Underway On Sunday, November 19, Kronos Research disclosed – via a post on X (formerly Twitter) – a security incident that involved unauthorized access to its API keys. дальше »

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How to backup your crypto wallet private keys

To securely backup your crypto wallet private keys, create an encrypted offline copy on a hardware wallet or write them on paper. дальше »

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Trust Wallet (TWT) plunges over 10% as Binance unveils new wallet

Binance’s new self-custodial crypto wallet will be tied to the exchange’s infrastructure, and users won’t be able to export private keys. Cryptocurrency exchange Binance has become the latest company to roll out its non-custodial crypto wallet as its market volume… дальше »

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Ethereum: Mysterious Owner of 250,000 ETH, Who Lost Wallet Keys, Revealed

Close to one million Ethereum has been lost forever, and among this is 250,000 ETH bought from ETH ICO by this major investor дальше »

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Coinbase Director Links Ethereum ICO Whale to Estonian Bank Founder

Estonian banker Rain Lohmus reveals he lost keys to Ethereum wallet with 250k ETH now worth $474M from 2014 ICO. дальше »

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Why Creators Should Make NFTs the Keys to Unlock Special Features

Non-fungible tokens (NFTs) are evolving beyond being mere digital collectibles, transitioning into utility tokens that unlock special features. This shift, championed by industry experts, enhances user engagement, opens up new monetization avenues, and addresses environmental concerns, marking a significant stride towards a sustainable and functional digital asset ecosystem. дальше »

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LastPass Hack Drains $4.4 Million From Users, Urgent Asset Migration Advised

Users of the LastPass password manager application have now lost $4. 4 million worth of crypto assets in a single day. This development comes a year after LastPass shared that hackers had gained access to its cloud storage keys and dual storage container decryption keys. дальше »

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Crypto Wallet Maker Ledger Officially Rolls Out 'Recover,' Unleashing Fresh Round of Snark

Recover involves users' private keys being encrypted, duplicated and divided into three pieces which are held with three different parties. дальше »

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Friend.Tech User Dumps Keys Worth $1.5M, Switches to Bitcoin dApp

Newer opportunities have stalled Friend.Tech’s initial growth wave, and applications such as New Bitcoin City are quickly emerging as one of the biggest bets. дальше »

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Bitcoin Asset Manager Onramp Unveils Multisig Platform, Adds BitGo to Custodians

Onramp is harnessing multisig security, in which multiple custodians control the private keys to the bitcoin being held, tapping BitGo to perform this role alongside Coincover and Kingdom Trust. дальше »

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