2 / 7 Relevant items tagged with #CyberSecurity

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New Android malware steals private keys from screenshots and images

[Sep 6 9:59 PM] According to a recent FBI warning, North Korean hackers are "aggressively targeting" the crypto industry with “well-disguised” attacks.

Penpie protocol exploited, suffers $27M loss

[Sep 3 9:39 PM] Cryptocurrency hacks have stolen $1.21 billion in funds so far in 2024, a 15.5% increase from 2023. 

Hypernative Secures $16 Million in Series A Funding to Enhance Web3 Security

[Sep 3 7:55 PM] Hypernative has successfully secured $16 million in a Series A funding round spearheaded by Quantstamp, with other notable investors joining the fray. This new capital will be channeled into enhancing its artificial intelligence (AI)-driven…

Critical bug identified and remedied in Circle’s Noble-CCTP

[Aug 27 10:00 PM] Blockchain security firm Asymmetric Research privately disclosed the vulnerability to Circle, which has since been addressed.

Avalanche Discord Compromised—Fake Token Scammers Strike Again

[Aug 25 6:15 PM] Following the hack of the Polygon Discord server, Avalanche’s official X account (@avax) alerted the public that their Discord channel had also been breached. “SECURITY ALERT,” Avalanche announced. “The official Avalanche Discord has been…

WazirX slams external forces for delaying restructuring efforts

[Aug 25 9:02 AM] This restructuring plan is expected to provide greater clarity on the steps WazirX will take to stabilize its operations and protect its users’ interests.

Polygon’s Discord Channel Hacked; Admins Regain Control Amid Security Concerns

[Aug 24 3:30 PM] Polygon’s community Discord channel was compromised in a recent cyberattack, raising security concerns among users. The platform’s administrators have regained control and are working to restore the channel to its original state…

Polygon’s Discord channel hacked, team works to regain control

[Aug 24 8:42 AM] As the value and popularity of digital assets continue to rise, cybercriminals are incentivized to exploit any vulnerabilities they can find.

Malware exploits weak passwords in PostgreSQL for cryptojacking

[Aug 21 9:20 PM] Up to 800,000 internet-connected databases could be vulnerable to crypto-mining malware that will use their computing capacity.

Execs at crypto-friendly Evolve Bank leave amid regulatory crackdown: Report

[Aug 21 7:04 PM] The bank services several crypto-friendly financial technology companies.

WazirX restores balances post-hack, withdrawal timeline unclear

[Aug 17 12:08 PM] The delay in withdrawals has impacted individual investors and raised concerns about the overall security and reliability of cryptocurrency exchanges.

Styx Stealer malware exploits Windows vulnerability to ‘clip’ crypto

[Aug 16 9:28 PM] Styx Stealer steals data and can reroute crypto transactions coming from an infected computer to the bad actor’s wallet.

Germany’s Information Security Office champions hardware wallets

[Aug 16 5:49 PM] According to a recent Chainalysis report, thefts resulting from crypto hacks and exploits have totaled $1.58 billion in 2024.

Chaos Labs Secures $55M Series A Funding to Bolster Defi Risk Management Solutions

[Aug 15 10:10 PM] Chaos Labs has raised $55 million in a Series A funding round, led by Haun Ventures, to advance its onchain risk management platform for decentralized finance (defi). The company plans to use the funds to further enhance its technology, which…

Chainalysis alerts rise in crypto hacks and ransom in 2024

[Aug 15 1:00 PM] Cryptocurrency hackers have been returning to their roots to targeting centralized exchanges amid a spike in the Bitcoin price in 2024.

Coinbase to expand use of Vaults for secure crypto custody — Executive

[Aug 8 5:18 PM] Coinbase currently holds approximately $270 million in customer assets.

WazirX to reverse trades after $235M crypto hack

[Aug 8 10:25 AM] WazirX, one of the largest crypto exchanges in India, lost $235 million to a multisig wallet security breach in July 2024.

XBOW automated AI hacker matches 20-year veteran pentester in 28 minutes

[Aug 8 6:09 AM] An AI-powered penetration tester solved 88 out of 104 benchmark tests in 28 minutes. It took the best pentester in the experiment 40 hours to do the same.

Pan-African Tech Firm Cassava Technologies Launches AI Unit

[Aug 5 5:30 AM] Africa-focused technology and data services firm Cassava Technologies has created a separate business unit to oversee its artificial intelligence (AI) operations. The AI unit will offer data center, cloud, cybersecurity, fiber connectivity, and…

French regulator accepting CASP applications ahead of MiCA rollout

[Aug 2 9:32 PM] The AMF is giving firms registered under its current DASP rules ample time to transition, too.

FBI issues warning about scammers impersonating crypto exchanges

[Aug 2 11:45 AM] The FBI urges victims to report scam activities through official channels and provide any transaction information related to the scam.

India’s Web3 alliance tightens cybersecurity after Wazirx attack

[Jul 31 12:19 PM] The BWA’s initiatives highlight an increasing awareness of the importance of cybersecurity in preserving trust and integrity in digital finance.

Over 70% of hacked funds are lost to CeFi entities — Cyvers

[Jul 31 8:43 AM] Real-time threat detection and AI integrations could further bolster Web3 security, according to the CEO of Cyvers.

dYdX v3 website recovers after DNS attack, users warned to delete cache

[Jul 24 2:33 AM] The exchange warned users to clear their browser’s cache before visiting the website to avoid accidentally caching the compromised version.

Europol anticipates rise in AI-driven cybercrime: Report

[Jul 23 2:16 AM] Europol’s 2024 report highlights AI tools enabling non-technical individuals to conduct sophisticated cybercrimes.

CrowdStrike stock falls another 13% on Monday, days after global IT outage

[Jul 22 10:43 PM] “We are likely to experience similar incidents,” said Binance CSO Jimmy Su in the wake of the global computer outage.

Fake Zoom malware steals crypto while it’s ‘stuck’ loading, user warns

[Jul 22 9:37 PM] A malicious Zoom look-alike makes it seem like a video conference is stuck in infinite loading, prompting users to install and run even better-disguised malware than before.

Microsoft blames Crowdstrike meltdown on 2009 European Union deal

[Jul 22 4:01 PM] The security incident affected 8.5 million Windows systems worldwide as commercial operations were hit with the “blue screen of death.”

WazirX hacker consolidates $57M ETH into new wallets

[Jul 22 3:28 AM] The hacker behind the $230 million WazirX hack has moved another $57 million of the stolen funds, as the exchange is doubling down on its bug bounty efforts.

Fractal ID postmortem ties breach to 2022 password hack

[Jul 21 1:22 AM] This breach highlights the ongoing challenges in maintaining data security, especially in today’s centralized storage systems.