2022-2-15 23:30 |
Russian hackers allegedly netted a profit of more than $400 million through crypto-ransomware in 2021.
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If it were measured as a country, then cyber-crime — which is predicted to inflict damages totaling $6 trillion globally in 2021 — would be the world’s third-largest economy after the U.S. and CThe post Report: Hackers employ low-tech malwares to target individuals & steal millions appeared first on AMBCrypto.
2022-1-21 03:30 | |
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Hackers from North Korea have nearly doubled their thefts since 2019 by amassing $400 million in crypto via cyberattack in 2021.
2022-1-15 07:26 | |
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Ethereum has become new darling of North Korean hackers
2022-1-13 18:55 | |
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Here's how much industry suffered due to security vulnerabilities
2021-12-28 14:43 | |
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Over the course of this year, DarkSide, a group of Russian hackers got the attention of the U. S. Department of State. In May 2021, DarkSide was responsible for a ransomware attack on Colonial Pipeline, extorting $5M for not leaking data they had on the Pipeline’s network.
2021-11-18 16:26 | |
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In August 2021, hackers attacked a popular decentralized finance protocol Poly Network and stole over $600 million worth of assets only to return them later. Although no damage was caused, it left the DeFi community grasping for breath.
2021-10-19 16:14 | |
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Ransomware attacks in the U. S. have been on a rise since late 2020, but it is particularly booming in 2021. This year, hackers have hit numerous U. S. companies in large-scale hacks. One such attack on pipeline operator Colonial Pipeline led to temporary fuel supply shortages on the U.
2021-10-17 23:00 | |
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Suex. io cryptocurrency exchange has been sanctioned by the United States Treasury Department’s Office of Foreign Assets Control (OFAC) for allegedly facilitating ransomware payments for hackers. The President Joe Biden administration has intensified efforts to curb ransomware attacks in the country, according to reports on September 21, 2021.
2021-9-22 17:00 | |
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Zabu Finance has been targeted by hackers in a $3. 2 million heist. The DeFi protocol powered by the Avalanche (AVAX) blockchain, announced via Twitter on September 12, 2021, that the bad actors stole the funds by exploiting a vulnerability in its Spore liquidity pool.
2021-9-14 19:00 | |
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Security has always been a recurring challenge faced by DeFi protocols. Over tens of exploits, leading to the loss of several millions of dollars, have occurred since the start of 2021 as black hat hackers keep taking advantage of vulnerabilities on these protocols.
2021-8-31 23:50 | |
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Cream Finance (CREAM) has suffered a fresh security breach, losing $18 million to hackers. The digital assets stolen by the attackers include wrapped ether and AMP tokens. Cream Finance claims the situation is now under control, according to a tweet on August 30, 2021.
2021-8-30 19:00 | |
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Liquid cryptocurrency exchange has suffered a fresh attack, losing various cryptoassets in its hot wallets to hackers. The exchange claims it’s still investigating the incident, however, it’s confirmed that the stolen assets include bitcoin (BTC), ether (ETH), and tron (TRX), according to a tweet on August 19, 2021.
2021-8-19 11:30 | |
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Ransomware attacks are at an all-time high in 2021. With the hackers choosing Bitcoin as the payment of choice, governments worldwide are scrambling for solutions - some of which could actually be good for the legitimacy of crypto overall.
2021-7-30 15:01 | |
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THORChain (RUNE) has suffered another heist in the space of one week. The hackers succeeded in stealing $8 million worth of crypto assets from the decentralized exchange and have suggested a 10 percent bounty, according to a Twitter thread on July 23, 2021.
2021-7-23 13:00 | |
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Yearn Finance (YFI) has joined forces with Immunefi to launch a bug bounty program. The team says it is setting aside from $100 to $200,000 to reward whitehat hackers depending on the severity of the bug, according to a press release on July 1, 2021.
2021-7-1 15:00 | |
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Decentralized finance (DeFi) protocol Impossible Finance (IF) has suffered a flash loan attack, losing $700k to the hackers. The IF team has made it clear that users’ funds are secure and it would fully compensate all those affected by the attack shortly, according to a blog post on June 22, 2021. Impossible Finance (IF) Attacked Read More
2021-6-23 18:35 | |
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Finding the right wallet is one of the most important steps any crypto holder can take. A proper wallet keeps coins safe from hackers. It also ensures you have autonomy over your money. A report from Atlas VPN found how hackers managed to carry out 122 attacks in 2020, targeting decentralized applications (47), crypto exchangesRead More
2021-6-7 15:25 | |
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BurgerSwap has announced via Twitter on May 28, 2021, that bad actors have successfully exploited a loophole in its protocol, stealing a massive $7. 2 million worth of various tokens, including BUSD, ETH.
2021-5-28 19:00 | |
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Uranium Finance has become the latest decentralized finance (DeFi) project on the Binance Smart Chain (BSC) network to suffer a hack, with the protocol losing about $50 million. $50 Million Drained from Uranium Finance Uranium Finance announced the news of the hack via its official Twitter handle on Wednesday (April 28, 2021). According to theRead More
2021-4-29 23:00 | |
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On January 19, 2021, the community of cybersecurity firm Hacken launched the First Grey Hats Ideas Competition offering a massive $45,000 prize pool. Subsequently, on January 28, the First Grey Hat Hackers Ideas Competition website was hacked by hackers who left a rather cheeky message for the community. In what can only be dubbed aRead More
2021-1-30 22:02 | |
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As the estimation of Bitcoin and other cryptocurrencies goes up, so does the interest for hackers to hack your wallets, so securing your cryptocurrency wallets has never been more critical. This is by no means a new problem.
2021-1-3 20:17 | |
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MARCH 17 – 18, 2021 | DUBAI, UAE This is undoubtedly a time for organisations to remain alert given the increased opportunities for hackers due to work-from-home policies being stretched to unplanned levels, the pandemic has completely disrupted Financial Services Sector perception and planning around strategic, operational, technological and financial risks.
2020-12-24 15:25 | |
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Makina Finance lost 1,299 ETH, roughly $4. 13 million, in a flash-loan and oracle manipulation exploit. The attacker drained the protocol's funds and broadcast the transaction to Ethereum's public mempool, where it should have been picked up by validators and included in the next block.
Makina Finance lost 1,299 ETH, roughly $4. 13 million, in a flash-loan and oracle manipulation exploit. The attacker drained the protocol's funds and broadcast the transaction to Ethereum's public mempool, where it should have been picked up by validators and included in the next block.
According to the latest report, a former Coinbase customer service contractor has been arrested in India for their role in a recent data breach incident. This arrest comes after hackers reportedly bribed customer service representatives or contractors to gain access to customer information at the US’s largest cryptocurrency exchange.
Two headlines hit the internet within hours of each other this week, and together they map the current state of DeFi’s security theater. StakeWise DAO executed contract calls to recover approximately $19.
A forfeiture complaint shared by blockchain detective ZachXBT revealed that the $150 million hack suffered by Ripple co-founder Chris Larsen resulted from private keys stored in the password manager LastPass, which was compromised in 2022.
Safe published a preliminary report on Mar. 6 attributing the breach that led to the Bybit hack to a compromised developer laptop. The vulnerability resulted in the injection of malware, which allowed the hack.
Thorchain is experiencing a developer exodus, as hackers from Lazarus Group are using the interoperability-focused blockchain to launder Ethereum (ETH) stolen in the Bybit hack. A Thorchain developer known as TCB announced that Pluto, the protocol’s unofficial lead developer, is stepping down.