In the rapidly evolving digital landscape, Changpeng Zhao (CZ), founder of Binance, has underscored the security vulnerabilities inherent in traditional Web2 applications. He urges for robust security measures […]
Protect Your XRP: The Best Cold Wallet for Long-Term Security
Storing your XRP securely in the long term is crucial, as the crypto landscape evolves. A hot wallet can expose you to risks like malware and exchange outages. […]
Nemo Protocol Suffers $2.4 Million Security Breach: Community Demands Transparency
A significant security breach has impacted the Nemo Protocol, resulting in a loss of $2.4 million worth of USDC. The exploit led to a decrease in Total Value […]
Hackers Use Ethereum Contracts to Hide Malware in Open-Source Libraries
Cybercriminals are increasingly turning to Ethereum smart contracts to disguise malicious code within open-source libraries, making detection and removal more challenging. Research by ReversingLabs reveals that hackers are […]
Hidden Malware Threatens Web3 Security: Hackers Infect Ethereum Smart Contracts
A new threat to the security of decentralized applications (dApps) and blockchain systems is emerging: hackers are embedding malware directly into Ethereum smart contracts. These contracts, designed for […]
CopyPasta Attack Exposes AI Security Risks: Prompts for Concern in Cryptoverse
A new threat dubbed the ‘CopyPasta’ attack has emerged, targeting AI coding assistants with malicious instructions injected through developer file formats. This unprecedented vulnerability, discovered by HiddenLayer researchers, […]
Venus Protocol Recovers Stolen Cryptocurrency After North Korea-Linked Phishing Attack
The decentralized finance platform, Venus Protocol, successfully recovered $13.5 million in cryptocurrency stolen through a sophisticated phishing attack linked to Lazarus Group, a North Korean hacking collective. The […]
New Malware Hiding Technique Targets Ethereum Smart Contracts
Hackers have developed a novel method to conceal malware within Ethereum smart contracts, posing a new challenge for security systems. ReversingLabs researchers discovered two malicious JavaScript packages, ‘colortoolsv2’ […]
Quantum Computing Threat: SEC Proposes Framework for Secure Future of Cryptocurrency
A new proposal aimed at safeguarding the financial system from quantum computing’s threat has been submitted to the U.S. Securities and Exchange Commission (SEC) by a leading organization. […]
Ethereum Smart Contracts Under Attack: New Malware Hides In Plain Sight
The cryptocurrency world, while a beacon of innovation, faces ongoing threats. A recent discovery has raised alarm bells: hackers are using Ethereum smart contracts to conceal malicious code, […]
Venus Protocol Defeats $13.5 Million Phishing Attack, Demonstrates Resilience in DeFi
The cryptocurrency world witnessed a remarkable feat: Venus Protocol’s successful recovery after a sophisticated phishing attack that resulted in the theft of $13.5 million. This BNB Chain-based lending […]
Venus Protocol Halts Operations After $13.5 Million Phishing Attack
In a security breach, one Venus Protocol user was targeted in a sophisticated phishing attack resulting in the loss of $13.5 million. The incident has led to the […]
Venus Protocol Users Lose $13.5 Million Due to Account Compromise
The decentralized finance (DeFi) sector, while known for its innovation, also carries inherent risks. Recent events involving the Venus Protocol have highlighted these vulnerabilities, with users losing a […]
Venus Exploits: How User Errors Led to $30 Million Loss
A recent incident involving the Venus cryptocurrency lending protocol, built on the BNB Chain, has highlighted a critical aspect of DeFi security: user responsibility. The platform reported a […]
Crypto Hacks Surge by 15% in August, Exceeding $163 Million in Losses
August witnessed a worrying spike in crypto hacks, with losses exceeding $163 million – a 15% increase compared to July. This surge in attacks was attributed to sophisticated […]