The U.S. Department of Justice (DOJ) has indicted two brothers for wire fraud and money laundering. They allegedly exploited the Ethereum blockchain to steal $ 25 million in cryptocurrency within 12 seconds. Using sophisticated techniques, they manipulated transactions and concealed their identities. If convicted, each faces up to 20 years in prison for each …
Trust Wallet, a crypto wallet provider, has issued a warning for Apple users to disable Imessage, based on “credible intel” about a zero-day exploit available on the dark web for $ 2 million, which could allow hackers to take control of users’ Iphones without any interaction needed. The alert was met with skepticism by …
Following a serious exploit in the Socket protocol that drained $ 3.3 million, the company has halted specific operations and urged users to revoke all approvals as a precautionary measure. Socket Responds to $ 3.3 Million Security Breach With Swift Action and Transparency Socket, a cross-chain protocol, confirmed the loss of $ …
Bitfinex’s security protocols came into the spotlight when a seemingly massive XRP transfer, initially causing alarm among crypto watchers, turned out to be a foiled exploit attempt. $ 15 Billion of XRP Transfer Attempt Fizzles Out A failed exploit attempt on cryptocurrency exchange Bitfinex was brought to light, involving nearly $ 15 billion …
The CEO of Kyberswap, the decentralized finance aggregator, revealed on Christmas Day that the platform recently laid off 50% of its workforce. The CEO added his organization is in the process of creating a voluntary database that is expected to help these workers secure new jobs in the Web3 space. Continuing Impact of the November […]