Cryptocurrency News
On June 4, Lykke UK and Lykke Corp AG (Lykke) experienced a significant cyber attack that compromised their infrastructure. In response, the affected systems were promptly shut down to mitigate further damage. An extensive review of the security breach was conducted, and all identified vulnerabilities have been addressed. Lykke UK […]
Indodax, one of Indonesia’s largest cryptocurrency exchanges, has reportedly been targeted by a cyberattack, with over 150 suspicious transactions flagged. According to Cyvers Alerts, the total loss from the attack is estimated at $18.2 million. Hackers were found exchanging tokens for Ethereum (ETH), raising concerns within the crypto community. According […]
Cyver Alert System has detected a suspicious transaction involving the Nexera @Nexera_Official proxy contract. An address gained control of the proxy contract and executed an upgrade. Shortly after, the address used the “withdraw admin” function to transfer all $NXRA tokens. The malicious actor is currently selling the tokens for $ETH, […]
The Indian cryptocurrency exchange WazirX has reportedly suffered a major security breach, with its multisig wallet suspected to be compromised. Over 200 tokens were stolen, resulting in a total loss of approximately $231 million. 🚨The multisig wallet of Indian exchange #WazirX is suspected to be compromised. More than 200 tokens […]
Gala Games recently suffered a significant security breach, resulting in approximately $200 million worth of $GALA tokens being minted by attackers. The malicious actors were able to create 5 billion $GALA directly through minting. So far, the attackers have swapped nearly 600 million $GALA for 5,913 $ETH. Gala Games was […]
In recent years, cryptocurrencies have significantly increased in popularity, disrupting the financial industry. The quick development of the cryptocurrency industry has, however, also drawn bad actors looking to commit fraud and cyberattacks. Innovative approaches are emerging to address these issues, and one particularly intriguing one is the incorporation of Artificial […]
In this modern era of technology and growing social media activity, it is only normal hacking remains an overarching problem. In fact, the more common ways of getting hacked have become slightly more sophisticated, which usually spells trouble for potential victims. Weak Passwords Need to go Albeit it has been […]
The use of artificial intelligence is becoming more apparent in the technology sector. One particular trend revolves around simulating how cybercriminals come up with new phishing attempts. It is evident this option needs to be explored further moving forward, as phishing remains an ever-present threat to consumers all over the […]
You already knew this, but let me throw another coal on the fire. Cybercrime is rampant, widespread, indiscriminate, and worst of all–on the rise. That’s not just speculation but confirmed in the McAfee Labs Threat report released yesterday. Not only is cryptojacking spreading like wildfire despite some reports seeing a […]
Plenty of things can happen in a minute. And when it comes to your security online, those 60 seconds are enough to send your business into a tailspin. As companies around the world look to increase their online presence and create more touchpoints with their customers, the attack surface grows […]
By hacking into fleets of vehicles, cardiac devices, and baby heartbeat monitors, we thought IoT hackers had already hit a new low. Beyond manipulating our data or draining our bank accounts, hackers can cause irreversible damage to our health. So, perhaps it shouldn’t come as a surprise that the next […]
When the banks failed in 2008, our financial systems shifted. A decade on, one of our most nagging financial predicaments centers on virtual currencies and their (lack of) regulation. 2018 is showing promising steps forward in lawmaking for countries like Switzerland, Germany, Malta, and even the US. So, why does Vancouver-based […]
It’s hard work running a business. It almost makes you ache for a simpler time when all you had to worry about was shoplifters stealing your goods. Now you’ve got confidential data, trade secrets, and, of course, plenty of money at stake. We’ve taken a look at the top five […]
Cryptojacking is on the rise. In fact, it’s now one of the fastest-growing types of cybercrime. And here’s the real kicker: you don’t have to be involved in cryptocurrency to become a victim. In fact, just about as idyllic as Satoshi’s white paper, cryptojacking is completely blind to status, wealth, […]
Chinese cybersecurity firm Qihoo 360 Netlab discovered that hackers have been targeting Ethereum wallets configured with open port 8545, with one attacker pillaging over US$20 million from various victims. The attack vector used by the perpetrators exists as a feature of most Ethereum wallets in which the software has been […]