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Coinbase said its Computer Security Incident Response Team (CSIRT) quickly stepped into the situation. Crypto company Coinbase (NASDAQ: COIN) confirmed a cybersecurity attack targeted at its employees. The company said it was briefly compromised by the so-called “0ktapus” hackers who struck many organizations in 2022. Some of the hackers’ victims
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Bitcoin (BTC) tapped $25,000 for a third time on Feb. 19 as an all-important weekly close approached.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalysis warns over whale movesData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $25,038 on Bitstamp.Out-of-hours trading continued to see bulls pushing for a support-resistance flip of
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Decentralized finance (DeFi) firm Platypus is working on a compensation plan for user's losses after a flash loan attack drained nearly $8.5 million from the protocol, affecting its stablecoin dollar-peg. In a Tweet on Feb. 18, Platypus disclosed to be working on a plan to compensate the damages and asked users
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Anti-malware software Malwarebytes highlighted two new malicious computer programs propagated by unknown sources actively targeting crypto investors in a desktop environment. Since December 2022, the two malicious files in question — MortalKombat ransomware and Laplas Clipper malware — have been actively scouting the internet and stealing cryptocurrencies from unwary investors, revealed
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The $8m Platypus flash loan attack was made possible because of code that was in the wrong order, according to a post mortem report from Platypus auditor Omniscia. The auditing company claims the problematic code didn’t exist in the version they saw. In light of the recent @Platypusdefi incident the
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The United States Securities and Exchange Commission’s (SEC's) lawsuit against Terraform Labs and its co-founder Do Kwon could be seen as an SEC “roadmap” to taking down other stablecoins, according to a lawyer.Gabriel Shapiro, general counsel at investment firm Delphi Labs, explained to his 33,800 Twitter followers on Feb. 16
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Blockchain security firm CertiK has reported a flash loan attack on Avalanche-based stable swap platform Platypus DeFi. The blockchain security firm posted the news in a tweet, alongside the alleged attacker's contract address.According to CertiK, nearly $8.5 million has been already been moved. As a result, the Platypus USD stablecoin
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The flash loan attack caused Platypus Finance’s native stablecoin to fall to 48 cents from $1. The potential loss is $8.5 million, according to blockchain security firm CertiK. Original Source
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Bitcoin (BTC) rose above $23,000 into the Jan. 31 Wall Street open as markets braced for a fresh macroeconomic reckoning.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: $25,000 "best case" for BTC/USDData from Cryptox Markets Pro and TradingView showed BTC/USD gaining around 1% in a single hourly candle before the start
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North Korean exploiters behind the Harmony Bridge attack continue to launder the funds stolen in June 2022. According to on-chain data revealed on Jan. 28 by blockchain sleuth ZachXBT, the perpetrators moved another $27.18 million in Ethereum (ETH) over the weekend.The tokens were transferred to six different crypto exchanges, noted
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