7 / 8 Relevant items tagged with #Cybersecurity

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‘AI can be defeated with cryptography,’ says Chelsea Manning at SXSW

[Mar 15, 2023 8:01 AM] Cointelegraph sat down with activist and cybersecurity expert Chelsea Manning to discuss how blockchain technology can combat challenges associated with artificial intelligence.

Silicon Valley Bank Failure Highlights Dangers of Fractional-Reserve Banking

[Mar 12, 2023 2:30 PM] After the failure of Silicon Valley Bank (SVB), a great deal of Americans are starting to realize the dangers of fractional-reserve banking. Reports show that SVB suffered a significant bank run after customers attempted to withdraw $42 billion…

What is ethical hacking, and how does it work?

[Mar 11, 2023 5:07 AM] Ethical hacking is the practice of identifying and testing vulnerabilities in a system to improve its security and prevent unauthorized access.

Multisig wallets vulnerable to exploitation by Starknet apps, says developer Safeheron

[Mar 9, 2023 7:00 AM] The vulnerability allegedly allows Web3 apps using the Starknet protocol to bypass the security protection of private keys in MPC wallets, potentially exposing users' private keys to wallet providers.

Fraudsters Offer Russians Bogus Chance to Invest in Fake ‘State Cryptocurrency’

[Mar 9, 2023 4:30 AM] Internet users in Russia have been targeted in an email campaign advertising the launch of an alleged cryptocurrency issued by the state. Potential victims are encouraged to follow a link to the website of the fraudulent investment scheme, security…

Uniswap DAO debate shows devs still struggle to secure cross-chain bridges

[Feb 26, 2023 8:01 AM] Developers face tradeoffs between making bridges upgradeable to fix bugs versus making them decentralized.

Aussies revealed as prime targets of Israel crypto scam syndicate

[Feb 24, 2023 12:07 AM] Evidence found that Australians were one of the top countries targeted in a sophisticated cryptocurrency investment scam network, which has suspected kingpins in Israel.

Coinbase discloses recent cyberattack targeting employees

[Feb 22, 2023 1:00 PM] No customers' funds or information were impacted, according to the company. Coinbase's engineering team believes the attack is associated with a sophisticated phishing campaign.

Platypus DeFi faces flash loan attack, according to CertiK

[Feb 16, 2023 4:02 PM] The market maker is used to swap stable coins on the Avalanche blockchain; it has a total locked value of $46 million, according to DefiLlama.

OneKey says it's fixed the flaw that got its hardware wallet hacked in 1 second

[Feb 12, 2023 9:09 PM] Unciphered posted a video showing a "Massive critical vulnerability" in the OneKey Mini. The creators noted it's been patched and are now working on further securing the wallet.

Jump Crypto unveils critical vulnerability on Binance’s BNB Chain

[Feb 11, 2023 10:57 AM] The security flaw would allow the mint of an unlimited amount of arbitrary tokens. The issue was privately disclosed to the BNB team.

Uniswap's BNB deployment should use multiple bridges, claims LIFI CEO

[Feb 8, 2023 3:45 PM] The LIFI executive proposed that a team of four researchers be appointed to study the idea of a multi-bridge approach.

North Korea Stole Record Amount of Crypto Assets in 2022, UN Report Unveils

[Feb 7, 2023 11:30 PM] The regime in North Korea has managed to steal more cryptocurrency last year than in previous years, according to a draft U.N. report. Despite the difference between quoted estimates, the authors conclude that 2022 was a record-breaking year for…

Scammers are targeting crypto users with new ‘zero value TransferFrom’ trick

[Feb 7, 2023 8:33 AM] The trick allows the attacker to confirm zero-value transactions from the victim’s wallet, hijacking the user’s transaction history.

How to protect against crime in the metaverse

[Feb 4, 2023 8:49 AM] To protect against crime in the metaverse, take precautions, such as using secure passwords, and report suspected criminal activities to law enforcement.

OpenSea serves as an example of why crypto security must improve

[Feb 2, 2023 8:09 PM] For cryptocurrency to achieve mass adoption, breaches that can be easily prevented — like the phishing attack that resulted in OpenSea losing $1.7 million — need to end.

Wormhole wins second 'temp check' to become bridge for Uniswap governance

[Jan 31, 2023 3:34 PM] Wormhole got over 60% of the vote in the Uniswap DAO referendum, with LayerZero coming in second.

LayerZero bridging protocol denies accusation of 'critical vulnerabilities'

[Jan 31, 2023 1:00 PM] LayerZero is the protocol used by Stargate bridge, which has over $382 million locked in its smart contracts.

Russians Offered Ready-made Crypto Exchange Accounts Amid Restrictions

[Jan 31, 2023 12:30 AM] Russian crypto traders have been looking to obtain unrestricted accounts for global exchanges as their access to such platforms is limited. Over the past year, the offering of such accounts on the dark web has increased significantly, cybersecurity…

Darknet Market Solaris Hacked by Competitor, Elliptic Reveals

[Jan 22, 2023 12:30 AM] A leading marketplace on the dark web, Solaris, has been hit by a rival, according to crypto analytics company Elliptic. The Russia-linked platform, which tried to occupy space vacated by the busted Hydra, is believed to have conquered up to a…

Ransomware Revenue Drops as Victims Pay Less Often, Chainalysis Reports

[Jan 20, 2023 11:30 PM] While the number of ransomware hits may not have decreased significantly, the revenue from such attacks has fallen sharply last year, according to Chainalysis. The blockchain forensics firm believes that to a large extent the trend can be…

Solana Foundation warns about security incident with Mailchimp

[Jan 14, 2023 4:08 PM] According to an email sent to users, an unauthorized actor accessed and exported certain user data from the Solana Foundation’s Mailchimp instance.

App-specific blockchains remain a promising solution for scalability

[Jan 14, 2023 8:31 AM] Building an interoperable network of blockchains dedicated to a specific purpose appears to be a viable alternative to layer-2 scalability solutions.

How to keep your crypto safe in 2023: a few tips from an analyst

[Jan 9, 2023 12:30 PM] Lead on-chain analyst at Glassnode, James Check, explains why taking self-custody of your private keys has become more important than ever and how to do it in a few simple steps.

DeFi-type projects received the highest number of attacks in 2022: Report

[Jan 9, 2023 2:24 AM] A new Web3 security report from Beosin revealed that of the 167 major security exploits DeFi projects saw the most, at 113 attacks.

Balancer warns some LPs to remove liquidity ASAP because of a 'related issue'

[Jan 6, 2023 9:19 AM] The team did not disclose what the issue is, but stated that it "cannot be mitigated by the emergency DAO."

BitKeep exploiter used phishing sites to lure in users: Report

[Dec 26, 2022 3:00 PM] The attacker appears to be attempting to cash out funds using Binance and Changenow.

Bitcoin mining pool BTC.com reports $3M cyberattack

[Dec 26, 2022 7:38 AM] BTC.com, the seventh-largest Bitcoin mining pool, said that its client fund services are unaffected by the recent $3 million cyberattack.

Hackless Offers Sandwich Attack Protection for BSC and Ethereum Networks

[Dec 21, 2022 6:00 AM] As winners of the ETH hackathon in 2021, the Hackless team is now releasing the beta version of Anti-Sandwich – a gateway to safe and efficient swapping of crypto assets, avoiding public mempools and consequently, getting…

Crypto on-chain crime drama sees the good guys finally win

[Dec 21, 2022 2:40 AM] Security firm Harpie managed to avert a crypto robbery by simply paying a higher gas fee than the exploiter.