In this video for Help Net Security, Nick Ascoli, VP of Threat Research, PIXM, discusses a multilayered phishing campaign targeting cryptocurrency exchange Coinbase. Attackers are sending out spoofed …
Crypto’s Future Depends on Security, Ledger Exec Say
Crypto exchanges and other intermediaries such as cross-chain bridges are where the latest series of crypto hacks on internet-based “hot” wallets have been taking place. Exchanges need to put in …
Continue Reading about Crypto’s Future Depends on Security, Ledger Exec Say
Nomad and Solana hacks: what are the lessons for cryptocurrency investors?
Web3 adoption seem inevitable, but so does the increase in security issues and hacks. What are the main factors causing this? The high rate of innovation in the crypto world and the frequent software …
Continue Reading about Nomad and Solana hacks: what are the lessons for cryptocurrency investors?
4 things to learn from the embarrassing Slope hack on Solana
Now we know: The hack that drained thousands of user wallets (more than 8,000 at writing time) on cryptocurrency platform Solana wasn’t a result some sort of wide-ranging system failure. It was very …
Continue Reading about 4 things to learn from the embarrassing Slope hack on Solana
Hacked crypto startup Nomad offers a 10% bounty for return of funds after $190 million attack
Crypto company Nomad said it’s offering hackers a bounty of up to 10% to retrieve user funds after losing nearly $200 million in a devastating security exploit. Nomad pleaded with the thieves to …
CFTC Would Become Primary Crypto Regulator Under New Senate Committee Plan
The Senate Agriculture Committee, which oversees the Commodity Futures Trading Commission, introduced a bipartisan bill Wednesday that would grant the CFTC "exclusive jurisdiction" over cryptocurrency …
Continue Reading about CFTC Would Become Primary Crypto Regulator Under New Senate Committee Plan
Web3’s complexity a challenge for security as adoption of ‘the new internet’ grows
Web3 — or the new internet — is growing more mainstream recently. Despite the crypto crash, internet giants have continually invested in Web3 over the past few months. Meta started testing NFTs on …
69% of Stolen Tokens in 2022 was From Cross-Chain Bridge
According to a study released on August 2 by blockchain analytics firm Chainalysis, there have been 13 separate token bridge violations (Crypto Hacks) this year, the most recent being the $190 million …
Continue Reading about 69% of Stolen Tokens in 2022 was From Cross-Chain Bridge
Nearly $5M Swiped From Self-Proclaimed ‘World’s Most Secure’ Exchange ZB.com
ZB.com, a cryptocurrency exchange that stopped accepting deposit and withdrawal requests on August 2, has had roughly $4.8 million taken from its hot wallet in a probable attack. Nearly $5 million has …
Continue Reading about Nearly $5M Swiped From Self-Proclaimed ‘World’s Most Secure’ Exchange ZB.com
Is Solana Initiating Recovery Plan After Major Hack?
The global digital asset industry woke to another hacking incident in just two days. This time Solana (SOL) network came on the radar of the hackers. SOL prices have dropped by over 5% since the news …
Continue Reading about Is Solana Initiating Recovery Plan After Major Hack?