Tagged: security breach

Web 3.0 Projects Mysterium Network and Sentinel Form Alliance to Protect Users from Data Hacks, Cybercrime, Surveillance Activities

Web 3.0 related projects Mysterium Network and Sentinel have established an alliance that will focus on protecting Internet users from data hacks, cybercrime, and excessive surveillance activities while they’re conducting activities online. According to a release, the new “decentralized” VPN (dVPN) alliance is currently open… Read More

Robinhood Confirms that “Limited Number” of Customer Accounts were Compromised

Robin Hood

Robinhood, a modern trading platform that offers both traditional securities as well as cryptocurrency trading options, has confirmed that a limited number of its customer accounts were targeted by cybercriminals. However, Robinhood clarified that its service platform itself was not compromised. Hackers reportedly managed to… Read More

Chainalysis Reveals how KuCoin Hackers Used DeFi Platforms Uniswap, KyberSwap to Move $275+ Million in Stolen Cryptocurrency

Chainalysis, a leading blockchain analysis and security firm, has provided an update regarding the recent KuCoin exchange hack, which led to around $280 million in digital assets being stolen (according to estimates confirmed by many industry participants). Chainalysis noted that on September 25, 2020, hackers… Read More

Tokopedia Introduces P2P Lending Platform, As Indonesian Government Investigates How Millions of Company’s Customer Data Records were Compromised

Indonesia based Tokopedia, an e-commerce marketplace that had announced a $1.5 billion funding round from Softbank, Alibaba, Temasek back in January 2020, has introduced Dhanapala, a standalone or independent peer to peer (P2P) Fintech lending platform. The Dhanapala app is currently available for download to… Read More

Fintech and Digital Banking Provider Dave Suffers Security Breach, User Data Compromised but No Financial Losses, Company Claims

Dave.com, which aims to be the finance version of David and Goliath taking on the big banks and “helping millions with money challenges,” has confirmed that a security breach took place on its platform. Dave, which claims to have “reinvented” many areas of traditional finance,… Read More

Over $3 Million in Bitcoin (BTC) Stolen from Crypto Exchange Cashaa Following Recent Hack

UK-based digital asset exchange Cashaa has reportedly suffered a security breach which led to  hackers allegedly stealing over 336 Bitcoins (BTC), an amount valued at just over $3.1 million at the time of writing. Cashaa confirmed that it has suspended all the cryptocurrency-related transfers on… Read More

Russian Blockchain based E-Voting System Suffers Attack, Locals Claim they’ve been Able to Vote Multiple Times due to Faults in the Platform

Russia’s blockchain or distributed ledger technology (DLT)-enabled voting system for the constitutional amendments recently suffered an attack through an election observer’s node. State-owned news outlet TASS reported that the attack took place on June 27, 2020, at about 8 PM CET. A spokesperson from government… Read More

Developers of dForce, a Chinese DeFi Protocol that was Hacked, to Return $24.9 Million to Users After Hacker Gives Back Stolen Funds

dForce, a Chinese decentralized finance (DeFi) platform that recently experienced a hack that led to the loss of around $25 million worth of cryptocurrency, confirmed on April 27, 2020 that it will be compensating all its users for their stolen funds. This, after the digital… Read More

Security Alert: UK Fintech Finastra Experiences Ransomware Attack, Takes Some Servers Offline

UK-based Fintech firm Finastra has reportedly taken some of its servers offline after discovering “potentially anomalous activity” on its computer systems. To quote a statement from Finastra: “During the period immediately prior to March 20th, 2020, the Finastra IT security and risk teams actively detected,… Read More

KYC Data Leak: Crypto Derivatives Exchange Digitex’s Ex-Employee has Allegedly Leaked Over 8,000 Customer Records

A former employee of Digitex, a digital asset derivatives trading platform, reportedly began leaking compromised know-your-customer (KYC) data via Telegram.  The stolen data includes passport and drivers license images and other sensitive information which allegedly belongs to over 8,000 traders registered on Digitex.  The Seychelles-headquartered… Read More

Multi-Million Dollar Decentralized Finance Protocol bZX has Been Exploited: Report

bZX, a leading Ethereum-based decentralized finance (DeFi) lending protocol has reportedly been exploited. Although the exact amount of Ether (ETH) lost due to the exploit has not been confirmed, Kyle Kristner, co-founder at bZx, says “a portion of ETH [was] lost.” As reported by The… Read More

IOTA Foundation Confirms that IOTA Network Users’ Tokens Worth Up to $1.2 Million Were Stolen in Recent Hack

IOTA Foundation, a non-profit entity behind the ongoing development of the leading IOTA distributed network, confirmed on February 13, 2020, that electronic funds belonging to the users of the Trinity wallet software had been stolen. The Germany-headquartered organization revealed on Wednesday that it had turned… Read More

Australia’s mycause Hacked: Crowdfunding Platform Announces Security Breach

Australia-based crowdfunding and online fundraising organization, mycause, announced the credit cards of up to 12,000 donors and charity partners have been “compromised” when the platform was hacked last week. According to ABC News, an international hacking operation targeted the crowdfunding platform and some of the credit… Read More

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