This “ElectroRAT” malware might be silently draining your Bitcoin

A ransomware has affected users of over three apps in the past year and drained their wallets of hundreds of Bitcoin. The rat wants Bitcoin A new bug identified by researchers that mimics a crypto trading program is said to have affected thousands of users in the past year, a report on security publication Bleeping […]

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Here’s how the Parity Ethereum hacker is cashing out his funds

If you were around in 2017, you likely remember the Parity wallet hack. Hereโ€™s some context if you donโ€™t. Parity is an Ethereum infrastructure provider that was in 2017 known for its multi-signature wallet. Multisig is a technology that requires multiple key holders to sign off on transactions to verify them, preventing the stealing of […]

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Ledger data leak leaves crypto community furious, here’s what to do next

Ledger, the popular hardware wallet, said today that data belonging to over 1 million customers was leaked on a hacker forum. Ledger users endure data leak Hardware wallet Ledger said today that details of a database compromised in June were dumped on RaidForums, an infamous online hacking forum, over the weekend. The information has been […]

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Seeming oracle attack causes $100m in Ethereum DeFi liquidations

It appears we just saw our latest DeFi exploit/attack, but this one was much different than all the rest. Bitcoin, Ethereum, and the rest of the crypto market spiked dramatically lower on Wednesday evening as buying pressure finally abated. The running theory is that due to it being Thanksgiving, the buying pressure that had come […]

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How YFI competitor Pickle Finance was exploited for $20m in Ethereum stablecoins

Call it a hack or call it an exploit, yesterday an unknown attacker managed to drain $20 million from an Ethereum-based yield aggregator called Pickle Finance into their own address. This attack was quite different and much more complex than the previous DeFi exploits, though, leaving some to ask if it was an inside hack. […]

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No one is safe: Ethereum DeFi protocol by PayPal co-founder exploited for $7.5m

No one is safe from the ever-growing wave of decentralized finance (DeFi) exploits, not even prominent technologists and investors. Today, an up-and-coming DeFi protocol built on Ethereum by prominent Silicon Valley developers such as Yu Pan, a founding member of PayPal and the earliest Youtube employee, was attacked with a flash loan. This is the […]

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Another day, another hack: $2m in DAI drained from Ethereum DeFi app Akropolis

With billions of dollars on the line, it is no surprise that the decentralized finance (DeFi) space has been rife with hacks and exploits on innocent contracts. To name one of the many recent exploits of DeFi contracts, Harvest Finance was hacked for $25-33 million in stablecoins due to a so-called โ€œflash loan attack.โ€ There […]

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Once $80-million privacy crypto Grin comes under 51% attack

If you were around in 2018 or early 2019, you likely remember the hype around MimbleWimble. MimbleWimble is a privacy technology for cryptocurrencies that is attempting to one-up the technologies use by networks like Zcash or Monero. The technology gained quite a bit of traction in 2019 when two cryptocurrencies using Mimblewimble launched, Grin and […]

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1.1m XRP stolen in phishing scam on crypto wallet Ledger lookalike

Crypto scams and attacks are on the rise once again as the broader sector breaks out of a nearly three-year-long bear market. The process is usually as follows: Scammers target sites like YouTube, Twitter, and Google searches to trap unsuspecting users and create either fake advertisements โ€” such as alluring giveaways โ€” or even create […]

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No, Ethereum dApps have not suffered the most crypto hacks (itโ€™s EOS)

Malicious actors have targeted crypto protocols and exchanges ever since Bitcoin started to gain in both popularity and value back in 2011. However, while on-chain analysis shows such attacks have declined this year, they remain the leading cause of concern for crypto projects. However, contrary to popular belief, Ethereum-based applications and tokens have not been […]

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