Attack

A Hacker Fails to Perform a Bridge Hack, Losing 5 ETH
Aug 23, 2022 at 12:12
News
A Hacker Fails to Perform a Bridge Hack, Losing 5 ETH
On August 22, 2022, an unknown hacker tried to break the NEAR/ETH Rainbow Bridge. However, the hack was blocked, protecting users' money. It also cost the criminal around 5 ETH (~$8,000).
Coinbase in Trouble Again: Can the Fund Theft Result in Additional Scrutiny with Regulators?
Oct 03, 2021 at 09:17
News
Coinbase in Trouble Again: Can the Fund Theft Result in Additional Scrutiny with Regulators?
One of the largest exchanges in the world has been in trouble a lot lately. Just recently, it had to deal with scrutiny over regulatory issues. Now their customers have been robbed of their money by a cyber attack.
PrimeXBT Lead Analyst Kim Chua: Bitcoin Is a Far Better Store of Value Than Gold
Jun 23, 2021 at 08:57
News
PrimeXBT Lead Analyst Kim Chua: Bitcoin Is a Far Better Store of Value Than Gold
Ever since Bitcoin experienced one of its largest pullbacks in May this year, critics have once again used this volatility to attack Bitcoin, saying it is not a good store of value because its price can fall 40% in a week. While that argument sounds logical at first, my own deeper analysis delivers a rather alarming result.
Scammers Never Sleep: Nearly $8 Million Stolen in DeFi Attack
May 19, 2021 at 08:52
News
Scammers Never Sleep: Nearly $8 Million Stolen in DeFi Attack
In the latest rounds of attack on DeFi (Decentralized Finance), FinNexus Options Protocol and DeFi platform lost close to $8 million. DeFi experts say the attack was either executed via stolen admin keys or a rug pull. In the attack, FinNexus lost more than 383 million FNX tokens pushing the price of the token to plummet by at least 90%.
Hackers Targeted Cryptopia Exchange Despite the Liquidation Process; $40,000 Has Been Stolen
Feb 20, 2021 at 13:26
News
Hackers Targeted Cryptopia Exchange Despite the Liquidation Process; $40,000 Has Been Stolen
With New Zealand Exchange Cryptopia in the midst of a liquidation process, hackers seem to consider it an easy victim. Despite it being under the supervision of Grant Thornton liquidators, criminals have stolen over $40,000.
Blockchain could Help Fight Cyber Abuse and Trolling
Feb 03, 2021 at 14:38
News
Blockchain could Help Fight Cyber Abuse and Trolling
For a couple of decades, people have misused the anonymity features of most cyber platforms to attack, abuse or harm others and this has been a big problem to society. But now, blockchain-based digital IDs could be a solution to combat online abuse and trolling while observing maximum anonymity.
Microsoft Advises Miners and Organizations to Build Their Resilience against Cyberattacks
Dec 04, 2020 at 15:01
News
Microsoft Advises Miners and Organizations to Build Their Resilience against Cyberattacks
There are some kinds of cyberattacks that blend in the ordinary network activity, so they are very easy to miss. How should an organization protect oneself against them?
Not Unhackable: The Number of Blockchain Cyberattacks is Growing
Oct 30, 2020 at 13:58
News
Not Unhackable: The Number of Blockchain Cyberattacks is Growing
Blockchain technology is considered to be secure and immutable due to its decentralized nature. But as it becomes more popular with new solutions popping up almost daily, hackers become inventive enough to find vulnerabilities and attack it.
Windows Devices Are Vulnerable to Credential Stealing Malware
Sep 10, 2020 at 09:53
News
Windows Devices Are Vulnerable to Credential Stealing Malware
Various uncommon types of viruses have been created by cyber attackers and are now being used to attack cryptocurrency holders.
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