09:57 UK’s National Crime Agency Seeks to Set Up Specialized Team to Combat Cryptocurrency Scams and Fraud
06:48 Crypto Projects Lose $51.6 Million in Attacks, Phishing Scams, and Rug Pulls in October 2023: Beosin
16:05 MetaMask and Blockaid Collaborate to Launch Phishing Attack Alert Feature for Enhanced User Protection
Fake Wallet APP Downloads and Malicious Backdoors are Leading Causes of Crypto Loss: Bitrace Source: AdobeStock / Sergey Nivens One of the leading causes of loss of crypto assets is the download of fake wallet applications from search engines. Fraudsters take advantage of search engine optimization (SEO) and search engine marketing (SEM) techniques to promote phishing links that lead to counterfeit wallet apps with malicious backdoors, Bitrace said in […]
Aave DAO opens voting on proposals to reduce CRV exposure Aave tokenholders are voting on three proposals that could reshape the protocol’s exposure to the Curve DAO token. News Join us on social networks The Aave community is seeking to reduce its protocol exposure to the Curve DAO token, with two proposals open for voting on Aug. 10. The move comes in an attempt to […]
CoinsPaid claims North Korean hacking group used fake job interview to steal $37M Hackers attempted to infiltrate CoinsPaid infrastructure directly starting in March 2023, but switched their approach to targeting individuals through fake high-salary job offers. Follow up Join us on social networks Estonia-based cryptocurrency payments firm CoinsPaid suspects North Korean hackers with the Lazarus Group gained access to its systems through fake recruiters targeting employees. In an […]
Curve, Metronome and Alchemix offering 10% bug bounty on Vyper hack The exploit on July 30 resulted in the theft of roughly $70 million in cryptocurrencies, bringing the bounty close to $7 million. News Join us on social networks Decentralized finance (DeFi) platforms Curve, Metronome and Alchemix have jointly announced an initiative to recover stolen funds from the recent exploits of Curve’s pools. According to on-chain […]
BlackBerry reveals top crypto-focused malware amid rising cyber threats SmokeLoader, RaccoonStealer (also known as RecordBreaker) and Vidar top the charts, according to BlackBerry’s list. News Join us on social networks In the process of stopping over 1.5 million cyberattacks between March and May, the cybersecurity arm of the former smartphone goliath BlackBerry identified malware families that actively try to hijack computers to mine or […]
Binance’s CZ warns crypto community about emerging scam The scheme consists of mirroring addresses and sending dust transactions to users to trick them into sending funds to the scammer’s wallet. News Join us on social networks Binance CEO Changpeng “CZ” Zhao warned his followers on X — formerly Twitter — about a tricky and increasingly popular scam targeting the crypto community in which fake […]
ConsenSys releases ‘fuzzing’ tool to test smart contract vulnerabilities Diligence Fuzzing lets developers introduce random and invalid data points to find security flaws. News Join us on social networks Blockchain technology firm ConsenSys publicly released its “Diligence Fuzzing” tool for smart contract testing, according to an Aug. 1 announcement. The new tool produces “random and invalid data points” to find vulnerabilities in contracts before […]
Crypto market loses $486M in July, most since 2022: Report According to the report, nearly half of the month’s losses were caused by the Multichain exploit, which resulted in $231 million in losses alone. News Join us on social networks The cryptocurrency market is having its worst month of 2023, according to a report from Web3 outlet De.Fi shared with Cointelegraph. Losses for July totaled […]
Cex price feed prevents Curve price from collapsing amid $100M vulnerability A vulnerability in the Vyper programming language widely used by DeFi protocols like Curve Finance led to exploit of multiple Curve liquidity pools on Sunday. News Join us on social networks Several Curve Finance liquidity pools were attacked on July 30 due to a vulnerability found in the programming language Vyper. Vyper is a contract programming […]
Vyper vulnerability exposes DeFi ecosystem to stress tests A number of pools using Vyper have been exploited due to a malfunctioning reentrancy lock that potentially exposes all pools with wrapped Ether (WETH). News Join us on social networks Decentralized finance (DeFi) protocols are undergoing a stress test following a critical vulnerability was found on versions of Vyper programming language, resulting in the theft […]
Curve Finance pools exploited in over $24M due to reentrancy vulnerability Several stable pools on Curve Finance using Vyper were exploited on July 30. News Join us on social networks Several stable pools on Curve Finance using Vyper were exploited on July 30, with losses reaching $24 million at the time of writing. According to Vyper, its 0.2.15, 0.2.16 and 0.3.0 versions are vulnerable to malfunctioning […]
Another week of DeFi hacks, but ZK-proof development heats up: Finance Redefined The total value locked in DeFi protocols remained below $50 billion after another week of exploits. Newsletter Join us on social networks Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past week in DeFi […]
Alphapo hot wallets hacked for over $31 million The funds have been reportedly taken on the Ethereum blockchain. The number of Bitcoins stolen remains uncertain. News Join us on social networks Crypto payment platform Alphapo had at least $31 million drained from its hot wallets on Ether (ETH), TRON (TRX), and Bitcoin (BTC), security experts reported on July 22. Since the number of […]
Binance CEO warns of phishing scams as Uniswap founder gets hacked The amount of social engineering attacks in the cryptocurrency industry has been rising, with major execs getting hacked recently. News Join us on social networks Binance CEO Changpeng “CZ” Zhao is the latest figure in the cryptocurrency industry to warn against the increasing number of phishing attacks. CZ took to Twitter on July 21 to […]
Gaming gear maker Razer hacked, user data, encryption keys for sale online: Report The Singapore-U.S. gaming company has responded to reports of 404,000 emails, keys, logins and other info for sale; it hasn’t finished dealing with a 2020 leak yet. News Join us on social networks A post appeared on a hackers’ forum on July 8 offering information allegedly hacked from gaming hardware maker Razer. “I have stolen […]
Circle, Tether freezes over $65M in assets transferred from Multichain Multichain has suspended its operations after an unexplained transfer of crypto assets worth millions of dollars took place on July 6. News Join us on social networks Stablecoin issuers Circle and Tether have frozen over $65 million in assets tied to the suspected exploit of cross-chain router protocol Multichain. The move follows unexplained large outflows […]
Yield Protocol declares full recovery from Euler hack, awaits user token exchange The permissionless, collateralized fixed-rate borrowing and lending market restored operations in May and will now switch out user tokens worth $1.5 million. News Join us on social networks Yield Protocol announced on June 27 that it had fully recovered from the Euler flash loan attack. Liquidity providers can now update their strategy tokens, the protocol […]
Atomic Wallet says hack affected 1% of active users, but investors claim otherwise In the aftermath of the attack, Atomic Wallet — along with individual blockchain investigators — have amped up efforts to track and revert stolen funds. News Join us on social networks A hack that drained $35 million from Atomic Wallet users since June 2 impacted less than 1% of its monthly active users, according to […]
Atomic Wallet hack losses top $35M, on-chain sleuth reports Security teams are investigating the cause of the attack. Reports have surfaced of tokens being lost, transaction data being erased, and even entire crypto portfolios destroyed. News Join us on social networks At least $35 million worth of crypto assets have been stolen from Atomic Wallet users since June 2, according to an analysis from […]
The Sandbox CEO’s Twitter was hacked, used to promote alleged ‘airdrop’ scam The executive appears to have now recovered his account. News Join us on social networks Arthur Madrid, co-founder and CEO of metaverse project The Sandbox, was the victim of a Twitter account hack on May 26, according to a post from Madrid that was apparently made after he recovered the account. The attacker allegedly used […]
