Cryptocurrency News
Mozaic Finance, a decentralized finance (DeFi) platform, recently fell victim to a hack on the Arbitrum network, resulting in the loss of $2.4 million. The breach occurred due to a vulnerability in a private key, allowing the attacker to exploit a specific contract function called “bridgeViaLifi,” accessible only by a […]
The scourge of cryptocurrency phishing scams continues to wreak havoc, with nearly 57,000 individuals falling victim to these fraudulent schemes in February alone. 🚨 [1/6] ScamSniffer's February Phishing ReportIn February, about 57,000 victims lost approximately $47 million to crypto phishing scams.Compared to January, the number of victims who lost over […]
Reports have surfaced regarding the Bitrue Drainer, who allegedly pilfered $23.5 million worth of assets on April 14, 2023, making another significant sale in the past 24 hours. This time, the individual unloaded 4,207 ETH for 16.34 million DAI at a price of $3,885 per ETH. The stolen assets from […]
In a recent revelation, Jeffrey Zirlin, the co-founder of axieinfinity and the Ronin network, disclosed that two of his wallets fell victim to a hacking incident on Friday. This has been a tough morning for me. Two of my addresses have been compromised. The attack is limited to my personal […]
Binance has strongly refuted allegations suggesting a breach of its users’ KYC data on the dark web, following purported claims of a GitHub breach. Speculation has emerged in the past two days, indicating that individuals are purportedly selling Binance customer data, including full names, countries, and phone numbers. The alleged […]
Today, reports from BeosinAlert reveal that Radiant Capital fell victim to a flash loan attack, resulting in a substantial loss of $4.5 million. The attack exploited a vulnerability in the contract, specifically manipulating the index parameter, which, later on, served as a denominator. Radiant Capital @RDNTCapital was under a flash […]
The escalating risks to the security of web3 have become significant concerns for the future of this decentralized internet paradigm. Beyond the financial implications, the losses incurred from hacking attempts on web3 and smart contracts have cast doubts on the dependability of this emerging technology. Globally, the perception of web3 […]
Experiencing a cryptocurrency wallet hack can be a distressing situation, but taking swift action is crucial to limit potential losses and regain control of your funds. Here are the first steps users should take in the event of a hack: Isolate the Compromised Device: If you suspect your wallet has […]
Cryptocurrency security is a top priority for users, but hackers are continually devising new and unexpected methods to gain unauthorized access to wallets. Here are five lesser-known ways users inadvertently expose their cryptocurrency wallets to hackers: Public Wi-Fi Vulnerabilities: Many users access their cryptocurrency wallets using public Wi-Fi networks without […]
Decentralized finance (DeFi) is a rapidly growing sector that offers users unprecedented access to financial services without the need for intermediaries. However, this newfound freedom comes with a cost: DeFi protocols are increasingly being targeted by hackers. In 2022 alone, DeFi hacks accounted for over $3 billion in losses. Some […]
The cryptocurrency industry has been hit by a wave of hacks this summer, with over $361 million lost in 31 hacks. DeFi projects remain the most vulnerable area, accounting for 84% of the hacks. Largest Hack: Multichain The largest hack of the summer was the $126 million theft from Multichain, […]
Non-fungible Tokens (NFTs) started to take a significant place in the cryptocurrency ecosystem, especially after 2020. NFT markets in which game companies, celebrities, and many investment firms showed interest started to grow day by day and reached a transaction volume of millions of dollars. There are dozens of films about […]
Cryptography inspires all types of people to create. One such creator is Eric Anderson, the founder of a decentralized privacy platform called Promether. He and his team are currently building a secure messaging system called Contact to run on top of this platform. Eric, known as “Eijah” in the hacker […]