China state-affiliated entities have been hacking both public and private organizations in the US for years now. This is part of China’s goal to usurp the US as the world’s top superpower. In an embarrassing revelation, the US Department of Treasury was hacked, including, apparently,… Read More
Blockhain-focused Aark Digital has offered a 15% bounty in response to a recent security breach that led to the unauthorized withdrawal of around 1,386,085 USDC and 24.143 ETH. The incident, which involved unauthorized access to Aark Digital’s systems, resulted in the loss of approximately $1.4… Read More
One of India’s largest and most prominent crypto exchanges, WazirX, had experienced a damaging security breach back in July of this year. If you go and review some of WazirX’s online / social media activity even now, they don’t seem to have resolved this issue… Read More
Evolve Bank & Trust has provided detailed updates on its widely reported cybersecurity incident. Evolve Bank & Trust claims that it is on schedule “to commence individual notifications starting July 8, 2024.” These notifications will include “an offer of two years of comprehensive credit monitoring… Read More
Digital currency exchange Binance is reportedly assisting in investigating a recent attack carried out against Turkish crypto exchange BtcTurk, with more than $5 million in pilfered funds now having been frozen. This, according to social media update from Binance CEO Richard Teng. Teng noted that… Read More
Damian Williams, the United States Attorney for the Southern District of New York, announced that Shakeeb Ahmed was sentenced recently to three years in prison by U.S. District Judge Victor Marrero for “hacking two separate decentralized cryptocurrency exchanges and stealing cryptocurrency worth over $12 million…. Read More
According to statistics from the SlowMist Hacked Archive, in March 2024, there were 33 security incidents within the Web3 ecosystem, resulting in total losses of approximately $139 million. The causes of these incidents spanned “a range of vulnerabilities, including smart contract flaws, insider malfeasance, flash… Read More
Cryptocurrency exchange Binance has reportedly frozen $4.2 million in XRP tokens that are said to be tied or linked to this past week’s $120 million exploit. This, according to an update shared via social media by Binance CEO Richard Teng. Teng noted via X that… Read More
The US Department of Justice (DOJ) has reportedly unsealed indictments that have been made against three people for allegedly stealing more than $400 million from the bankrupt crypto exchange FTX. These three individuals had allegedly carried out a sophisticated SIM-swapping technique in order to gain… Read More
loanDepot (NYSE: LDI), a top mortgage issuer and originator in the US, remains under attack following an incident revealed on January 8th. Today, loanDepot states that records, including sensitive personal information, have been accessed by bad actors, including 16.6 million individuals. loanDepot states that it… Read More
The Securities and Exchange Commission (SEC) experienced an embarrassing breach of security when its X (formerly Twitter) account was hacked. The perpetrators took the opportunity to announce the approval of Bitcoin ETFs one day before the SEC intended to announce it publicly. In the following… Read More
Representative Patrick McHenry, Chairman of the House Financial Services Committee, has joined the Chairman of the Subcommittee on Oversight and Investigations, Bill Huizenga, the Chairman of the Subcommittee on Digital Assets, Financial Technology and Inclusion, French Hill, and the Chairman of the Subcommittee on Capital… Read More
Jameson Lopp, co-founder and CTO at Casa, has shared key insights after the widely reported Ledger hack / security breach that appears to be impacting a large number of DeFi platforms and dApps, with some unconfirmed reports indicating major losses of crypto funds. Lopp, who… Read More
On December 5, 2023, thirdweb, a Web3 foundational development platform, reported security vulnerabilities in its pre-built smart contracts. As noted in a blog post by SlowMist, this issue affects all tokens “deployed using these pre-built smart contracts, including ERC20, ERC721, and ERC1155 tokens.” Based on… Read More
A couple of weeks ago, the cryptocurrency community witnessed a “peculiar” and complex exploit within the Raft Protocol, which is described as a decentralized finance (DeFi) platform operating on the Ethereum network. This incident, now widely referred to as the “Raft Protocol Exploit,” stands out… Read More
Based on the insights from the SlowMist Blockchain Hacked Archive, the month of November 2023 was marked by “a significant number of security breaches within the blockchain sector.” In total, 47 distinct incidents were recorded, “cumulatively leading to a substantial loss estimated at around $349… Read More
Mixers, or platforms that seek to cover the tracks of crypto movement, are making news again as the US Department of Treasury, Office of Foreign Assets Control (OFAC), has sanctioned Sinbad.io (Sinbad) for helping North Korea (the Democratic People’s Republic of Korea (DPRK)) in its… Read More
On 18 November 2023, Kronos Research announced, via social media platform X, that unauthorized access to their API resulted in “a loss of approximately $26 million.” As noted in an update shared by CertiK, the incident “isn’t a typical private key compromise which often refers… Read More
Earlier this month, crypto exchange Poloniex was hacked. At the time of the hack, there was not enough information available to determine the real extent of the damage caused by the security breach. However, the team at Certik has now provided a detailed analysis of… Read More
The Securities and Exchange Commission (SEC) has charged SolarWinds (NYSE:SWI) and its chief information security officer with fraud and failures in regard to “allegedly known cybersecurity risks and vulnerabilities.” The hack has been attributed to Russian criminals. The SEC believes that investors were harmed by… Read More
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