The hack was perpetrated through a flash loan attack Polter Finance, a decentralized platform specializing in lending and borrowing, has halted its operations following a significant hack that resulted in the loss of $12 million. The breach, confirmed on November 17, targeted the platform’s newly launched SpookySwap (BOO) market, which reportedly had a valuation of
The MacOS operating system may not be as secure as once thought A recently discovered Trojan targeting MacOS devices has sparked serious concerns among cryptocurrency users. Known for bypassing Apple’s security and going straight for sensitive data, the malware is built to steal cryptocurrency wallet information within seconds of installation. It relies on a phishing
The rapper becomes the latest target of weak security on the social media platform Over the weekend, rapper Wiz Khalifa’s X account was reportedly compromised in a scheme to promote a fraudulent cryptocurrency. The hacked account, boasting an audience of 35.7 million followers, featured a post claiming Khalifa was launching a new memecoin called “$WIZ”
Some of the cryptocurrency had been recovered from various thefts and fraud schemes Arkham Intelligence recently reported a significant security breach involving a government-controlled cryptocurrency wallet, with a hacker seizing nearly $13 million. The wallet in question held assets the US government had previously recovered from the 2016 Bitfinex hack. In that hack, a staggering
Eric Council Jr faces up to five years in federal prison for his actions A 25-year-old man from Alabama, Eric Council Jr., was arrested for allegedly hacking into the US Securities and Exchange Commission’s (SEC) X account in January, where he falsely promoted Bitcoin. According to the US Department of Justice, Council used the compromised
The company was trying to help those who suffered from the Radiant Capital hack A crypto security firm, Ancilia, faced backlash after accidentally sharing a harmful link leading to a wallet-draining app. The incident occurred in the aftermath of a $52 million exploit on Radiant Capital, a lending protocol, yesterday. The hack left users scrambling
The crypto-based company is the latest to become a victim of cyberpirates Truflation, a blockchain-based platform focused on providing real-time inflation data, recently confirmed it was hit by a malware attack that resulted in the loss of over $2 million. The hack was identified after the team noticed unusual activity in the system, leading to
The cyberthieves faked the airdrop and might still be collecting money Decentraland’s official X account has been hacked, leading to the circulation of a fraudulent MANA token airdrop. The incident was first reported by blockchain security firm PeckShield earlier today. The hackers have been sharing a phishing link disguised as an opportunity to claim free
The attacks on cryptocurrency platforms continue as systems neglect to heighten their security Delta Prime, a decentralized finance (DeFi) platform, has become the latest victim of a cyberattack, with the hackers making off with nearly $6 million in digital assets. The incident highlights the ongoing vulnerabilities in the cryptocurrency sector. The attack was first reported
Lazarus Group is reportedly behind the $305-million hack of DMM Bitcoin A North Korean hacking group, Lazarus Group, is in the spotlight for allegedly laundering millions from a hacked Japanese cryptocurrency exchange. On-chain sleuth ZachXBT, tracking the stolen funds, believes Lazarus is behind the movement of over $35 million. 1/4 So far in July 2024
The service is now operational after a prolonged shutdown Bittensor was compelled to halt its network operations on July 3 after experiencing a series of wallet breaches that resulted in the theft of at least $8 million in cryptocurrency assets. Ala Shaabana, co-founder of Bittensor, announced the network shutdown in a July 3 post on
The platform has said only a small number of wallets were impacted by the attack CoinStats’ crypto portfolio manager platform was recently suspended temporarily after 1,590 wallets were affected by a security breach. “The attack has been mitigated, and we have temporarily shut down the application to isolate the security incident,” CoinStats stated in a
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