Hacking groups linked to North Korea are increasingly using exchanges in Russia to launder crypto, Chainalysis revealed. The shift in their strategy, registered by the blockchain forensics firm, coincides with a drop in the value of the stolen cryptocurrency this year in comparison with the record-breaking 2022. Chainalysis Report Alleges New Alliance Between North Korean […]
Crypto betting platform Stake.com confirmed on Sept. 4 that an unknown entity had carried out unauthorised transactions from its ethereum and Binance Smartchain hot wallets. However, the crypto-betting platform insisted that user funds were safe and that its other hot wallets remain operational. Digital Assets Worth More Than $ 40 Million Reportedly Stolen …
According to Brandon Brown, the co-founder and CEO of Fairside Network, self-custody crypto wallets generally lack inbuilt insurance coverage to protect against theft or loss. Brown attributes this to the challenges encountered when assessing digital asset risks as well as “the absence of historical loss data, and evolving threats.” Insurance Coverage for Assets Held in […]
Snicco, a WordPress security services provider, has published an advisory on a vulnerability in the MalCare plugin, which is active on more than 300,000 sites. “MalCare uses broken cryptography to authenticate API requests from its remote servers to connected WordPress sites,” WordPress security researcher Calvin Alkan said. “Requests are authentication by comparing …