The United States Department of Justice has charged three individuals accused of masterminding the SIM-swapping attack that siphoned over $ 400 million from FTX. The indictment of the trio appears to undercut claims that incarcerated FTX founder Sam Bankman-Fried was the mastermind behind the hack. FTX’s Lax Security The U.S. Department of Justice (DOJ) …
Trezor Issues Security Alert Following Phishing Attack and Data Breach
In a recent security alert, Trezor announced a breach in its support ticketing system, potentially exposing the personal contact information of over 66,000 customers and raising the alarm for possible phishing attacks. Trezor Alerts Users to Phishing Risk After Security Breach Satoshilabs, the company behind the popular cryptocurrency hardware wallet Trezor, has issued a critical […]
L2 Protocol Manta Network Suffers DDoS Attack, Project Leaders Face Money Laundering Allegations
Manta Network, a modular layer two (L2) protocol, said a distributed denial-of-service attack on Jan. 18 resulted in the network accumulating a large queue of recent transactions. The attack, which occurred during a token-issuing event, is believed to have severely limited communication between the protocol and Manta Network apps. An Aggressive and Timed Attack …
Defi Platform Radiant Capital Loses Digital Assets Worth $4.5 Million After Flash Loan Attack
Radiant Capital, a decentralized finance (defi) platform, confirmed on Jan. 3, 2023, that it fell victim to an attack which saw the “protocol accruing bad debt in the WETH market, totaling about 1.3% of total protocol TVL” or $ 4.5 million. Radiant Capital has urged the hackers to establish contact with the defi platform …
Defi Platform Levana Protocol Says $1.14 Million Was Lost During an ‘Oracle Attack’
The decentralized finance platform Levana Protocol confirmed on Dec. 27 that unknown attackers had drained approximately $ 1.14 million from the liquidity pool. The Levana team however insisted that the issue has “been fixed and opening positions will relaunch next week.” ‘Precognition Oracle Attacks’ The decentralized finance (defi) platform, Levana Protocol, recently confirmed that …