WazirX launches bounty program to recover stolen assets
[Jul 20 5:05 AM] The exchange remains focused on addressing the impact on customer funds and ensuring the security and integrity of their platform.
3 / 7 Relevant items tagged with #CyberSecurity
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Crypto firms’ vulnerability to CrowdStrike blackout: Analyst insights
[Jul 20 1:44 AM] Although no major crypto exchange was affected by the CrowdStrike downtime, analysts provided possible impacts in a case where they are.
Oracle exploit drains $7.6 million from Rho Markets liquidity protocol
[Jul 19 7:00 AM] Rho Markets has already paused its platform in response to the security breach.
CrowdStrike CEO addresses downtime, confirms no security breach
[Jul 19 5:26 AM] As the digital threat landscape continues to evolve, incidents like this underscore the need for robust update and patch management processes.
WazirX breach post-mortem: Dismantling the $230M attack
[Jul 19 3:28 AM] The WazirX breach highlights vulnerabilities in multisig wallets despite stringent security measures, with hackers exploiting discrepancies in data.
Li.Fi releases incident report following $11M hack
[Jul 18 1:51 PM] The team also announced it was working on a voluntary compensation plan to reimburse 100% of funds to users affected by the exploit.
AT&T should’ve stored their data on the blockchain, exec argues
[Jul 16 1:37 AM] Chirp founder Tim Kravchunovsky argued that with the technology available today, the AT&T breach is "inexcusable."
US military partner Constellation opens Hypergraph network to app developers
[Jul 15 3:14 PM] The “Layer 0” network was created in collaboration with the United States Department of Defense and is now open for commercial Web3 applications.
Report Uncovers North Korean Hackers’ Crypto Job Board Infiltration
[Jul 15 11:57 AM] North Korean hackers are infiltrating crypto job boards, posing as fake applicants to steal sensitive data, hack systems, and gather assets, according to a DL News investigation. More than 4,000 North Koreans have been directed to penetrate the…
Crypto exploits near $1.4B this year as hackers target CeFi — report
[Jul 8 3:21 PM] According to data from cybersecurity firm Cyvers, stolen funds on centralized exchanges increased 900% year over year in the second quarter.
Zambia Working on Establishing an AI Framework, Says Minister
[Jun 30 1:39 AM] Zambia has reportedly initiated a process to establish an artificial intelligence framework and is collaborating with the Tony Blair Institute to formulate an artificial intelligence strategy. Sarah Luyele Njamu said Zambia can leverage AI for…
Dfinity announces new ICP-powered platform to tackle cybersecurity
[Jun 27 6:26 AM] The Dfinity Foundation’s new platform, Utopia, promises enhanced security and sovereignty for government and enterprise cloud infrastructures.
Cybersecurity Breach at Evolve Bank
Kraken recovers $3 million from CertiK, ending bug bounty saga
[Jun 20 8:30 AM] CertiK has returned the funds to the Kraken exchange, putting a happy end to the bug bounty-related saga.
Kraken-CertiK saga turns murky as part of exploited funds go ‘missing’
[Jun 20 3:33 AM] Kraken is planning to take legal action against security firm CertiK as the "white hat" operation by security firm turns into a legal blunder.
BIS inaugurates Toronto Innovation Centre with Bank of Canada
[Jun 14 2:30 AM] Bank of Canada Governor Tiff Macklem said that as finance evolves, the industry must innovate and apply new skills, allowing Canadians to benefit from advancements.
Crypto hacks soar to $19B in 13 years: Crystal Intelligence
[Jun 12 3:59 AM] Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen during the largest single crypto theft during the 2019 Plus Token fraud.
Singapore alerts businesses to Bitcoin ransomware risk
[Jun 10 2:12 AM] Singapore police advised businesses against paying ransom to the bad actors in case of a compromise and asked them to report the incident to authorities immediately.
AI-driven crypto crime is only just beginning — Elliptic report
[Jun 7 1:27 AM] Elliptic’s 2024 report exposes how AI is increasingly used for sophisticated crypto crimes, from deepfake scams to state-sponsored cyberattacks, signaling that these threats are just beginning.
Avalanche Core wallet gets Blockaid security integration
[Jun 6 7:00 AM] The security integration uses Blockaid’s threats database to screen for increasingly sophisticated phishing scams and exploits impacting Web3 users.
Crypto Security Firm Ironblocks Builds 'Firewall' for DeFi Protocols
[Jun 5 10:10 AM] "Once you get hacked in most of the cases you're done," CEO Dadosh said. "And this is what we're trying to prevent."
Web3 Cybersecurity Company GoPlus Raises $10M to Build Permissionless Security Layer
[Jun 5 5:00 AM] The round counts OKX Ventures, HashKey Capital and Animoca Brands among its backers.
Hackers exploit Chrome plugin to steal millions from Binance accounts
[Jun 3 4:43 AM] The promotional plugin steals cookies from users, which hackers use to bypass password and two-factor authentication verification and log into the victim’s Binance account.
US Navy launches ‘PARANOID’ blockchain security tech to private sector
[Jun 2 2:35 PM] The government seeks a collaboration to research and develop the technology further.
Security-Focused Crypto ISAC Debuts With Founding Members Including Coinbase, Kraken, Circle
[May 29 8:22 PM] The Crypto ISAC (Information Sharing and Analysis Center) launches on Wednesday as a 501(c)(6) not-for-profit association dedicated to bolstering security within the cryptocurrency ecosystem. Its founding members include Aleo, Circle, Coinbase…
Blockchain can help eliminate cybercrime threats
[May 29 7:30 AM] Cybercrime is a growing scourge that shows no signs of slowing down anytime soon without a serious game changer to stem the tide.
Coinbase, Circle, Kraken Join Crypto's New 'Neighborhood Watch' for Cyberthreats
[May 29 7:00 AM] Consensys, the Solana Foundation and Fireblocks are also among the baker's dozen founding members of Crypto ISAC.
Central banks turn to generative AI for enhanced cybersecurity: BIS
[May 28 2:34 AM] Central banks are increasingly adopting generative AI for cybersecurity, with a BIS report indicating that 71% are already using it and more planning to follow.
Kaamel Technology to lead investigation into XLink's $10M breach
[May 20 7:35 AM] XLink partners with Kaamel Technology to investigate the initial cause of the breach while accelerating previously communicated security upgrades
Notorious Pink Drainer retires after hitting $85M theft milestone
[May 17 4:43 AM] Pink Drainer, infamous for aiding in crypto thefts, shut down operations after amassing over $85 million in stolen assets.