GeneralBeginnerImmunefi, a leading blockchain security firm, has launched the first blockchain-based arbitration system for bug bounties. This groundbreaking system aims to enhance trust and legal enforceability within the cybersecurity industry. Developed in collaboration with Greenberg Traurig, the system is…
#crypto#defi#hackers
GeneralBeginnerThe United Kingdom has initiated a consultation to consider implementing a ban that would prohibit operators of critical national infrastructure from paying ransomware to cyber criminals. As part of a proposal introduced on January 14, the UK Home Office suggested a “targeted ban” on ransomware…
#hackers#security
BitcoinBeginnerThe US, Japan, and South Korea have issued a joint warning about North Korea’s expanding cryptocurrency hacking attempts. In a recent statement, the three nations expressed deep concern over the North Korean regime’s persistent use of cyberattacks to fund its illicit weapons programs. The…
#altcoin#defi#hackers
GeneralBeginnerThe security incidents took place shortly after a researcher identified and fixed a critical vulnerability in an audited contract of the Virtuals Protocol. On January 8, the AI platform Virtuals Protocol experienced a hack of its Discord server, with fraudulent links posing as the Virtuals…
#ai#hackers#security
GeneralBeginnerCertiK and PeckShield data revealed that December 2024 saw the lowest crypto losses of the year, with scams, exploits, and hacks significantly decreasing towards the end of the year. CertiK posted on Dec. 31 that losses in December amounted to $28.6 million, compared to $63.8 million in November…
#crypto#defi#hackers
GeneralBeginnerCrypto hackers have devised a new tactic in their arsenal of scams, leveraging fake job offers to infect victims with malicious software. This sophisticated method, uncovered by cybersecurity researchers at Trend Micro, involves a multi-stage attack that begins with seemingly legitimate job offers…
#crypto#gemini#hackers
GeneralBeginnerThe Malaysian Securities Commission (SC) has added Atomic Wallet, a Web3 wallet service, to a list of financial firms prohibited from operating in the country. The Supreme Court accused Atomic Wallet of “[o]perating a digital asset exchange (DAX) without registration.” Atomic Wallet was the victim…
#defi#hackers#law
CardanoBeginnerThe Cardano Foundation’s official X account was recently compromised by hackers, who proceeded to post fraudulent links promoting fake token sales. The malicious posts were quickly removed, but not before causing significant damage. The incident resulted in over $500,000 in trading volume for the…
#altcoin#hackers#security
GeneralBeginnerDeFi lending platform Radiant Capital has officially accused North Korean hackers of orchestrating the $50 million heist that occurred in October 2023. The platform alleges that the attackers posed as a former contractor to gain access to sensitive information and execute the attack. The attack,…
#defi#hackers#north-korea
GeneralBeginnerSpectral Labs, a blockchain development platform, has temporarily suspended access to its Syntax platform and paused all related contracts after identifying a critical vulnerability. This move comes after a hacker exploited a flaw in the platform’s bonding curve mechanism, resulting in the theft…
#ai#hackers#security
GeneralBeginnerStation70 and Cyvers, two leading Web3 security firms, have joined forces to introduce Secure Signer, an innovative AI-powered security solution designed to safeguard over $4 billion in vulnerable cryptocurrency assets. This groundbreaking technology aims to bolster institutional trust by…
#defi#hackers#security