Tay, a well-known blockchain security investigator, has reported on a new social engineering scheme targeting the cryptocurrency industry. She explained that industry workers are at risk, as attackers pose as field executives offering high-paying job opportunities. Social Engineering Schemes Come to the Crypto Industry: New Exploit Unveiled Social engineering-based schemes are on the rise and […]
An exploit first discovered and disclosed by crypto researcher Tobias Ruck crashed over half of the nodes of Dogecoin, a cryptocurrency with a market capitalization of over $ 58 billion. This event remarks that cryptocurrency projects are as vulnerable as their codebase. Dogecoin Attacked Remotely, 69% of Nodes Crashed With Already Disclosed Exploit Dogecoin, …
Hackers recently took control of McDonald’s official Instagram account to promote a fraudulent Grimace meme coin, successfully scamming users out of $ 700,000 in Solana. The attackers also compromised the personal X account of McDonald’s Senior Marketing Director to further spread the scam. Grimace Coin, originally created as a meme token inspired by a …
According to reports, the decentralized finance (defi) protocol Lifi Finance experienced an $ 8 million loss due to an exploit. Lifi confirmed the breach on X and advised users to avoid interacting with Lifi-powered applications. Lifi Finance Loses $ 8 Million to Exploit On Tuesday, the onchain security firm Peckshield revealed that Lifi …
Pump.fun, a Solana-based marketplace and deployment tool for meme coins, has acknowledged suffering an exploit dealing with the bonding curve contracts in its platform. While the protocol is still investigating the matter, it reported that “the TVL in the protocol right now is safe,” as it has upgraded the contracts to deal with the attack […]