While cryptocurrencies have gone from red hot to full on meltdown in recent months, with both retail and institutional investors losing substantial sums amidst the sell-off, threat actors don’t show …
An anatomy of crypto-enabled cyber crime
That is from the synopsis of an interesting new paper by Lin William Cong, Campbell Harvey, Daniel Rabetti and Zong-Yu Wu. It is a fairly comprehensive look at the criminal ecosystem built on top of …
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How North Korea Used Crypto to Hack Its Way Through the Pandemic
North Korea’s economy has been ravaged by United Nations sanctions and the coronavirus pandemic. The government has warned of a severe food shortage. An unidentified intestinal disease began spreading …
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Crypto winter freezes into North Korea`s $2b stolen digital assets
Since the beginning of this year, the cryptocurrency market has been in a tailspin. The current crypto winter may be long and severe. On the other hand, some investors remain hopeful that the tides …
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NFT, DeFi and crypto hacks abound — Here’s how to double up on wallet security
The explosiveness and high dollar value of nonfungible tokens (NFTs) seem to either distract investors from upping their operational security to avoid exploits, or hackers are simply following the …
Web3 Wallets Targeted by Chinese Hackers; “SeaFlower” Using Cloned Websites to Trick Crypto Traders
A hacking group out of China has been identified using a rather low-tech yet effective way to steal money from Web3 wallets: distributing altered versions that have holes programmed into them. The …
Inverse Finance exploited again for $1.2M in flash loan oracle attack
Just two months after losing $15.6 million in a price oracle manipulation exploit, Inverse Finance has again been hit with a flash loan exploit that saw the attackers make off with $1.26 million in …
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Why Hackers Are Winning the Ransomware Game
The threat landscape is in a constant state of flux. While malicious activity is incessant and we know it will continually occur, the methods and the rates of which threat actors target victims …
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Security Threat Exposed for Browser-based Crypto Wallets
A number of popular browser-based crypto wallets are vulnerable to hacking under certain conditions, according to new research. Blockchain security firm Halborn found several instances where wallets …
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FTC Blames Meta for Over Half of all Social Media Crypto Scams
Social media is taking the blame for yet another of the world's significant problems, as the Federal Trade Commission (FTC) is putting the onus for the $1 billion lost to cryptocurrency scams on the …
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