Friday, April 26, 2024
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DeFi vulnerability leading to $6.7M exploit ‘not detected’ by auditors

Decentralized U.S. dollar stablecoin protocol Raft claims that despite multiple security audits, the firm still suffered a security exploit leading to the loss of $6.7 million last week.According to the project's Nov. 13 post-mortem report, a few days prior, a hacker borrowed 6,000 Coinbase-wrapped staked Ether (cbETH) on decentralized finance

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Half a Dozen of India’s Crypto Exchanges Searched After Alleged Rupee 700M Tax Evasion Detected: Sources

India’s tax authorities have conducted searches at some of India’s biggest cryptocurrency exchanges including “Coinswitch Kuber, CoinDCX, BuyUCoin, and Unocoin after what they deemed tax evasion of Rs. 40.5 Crores (400 million INR or 6 million USD approx.) was detected at cryptocurrency exchange WazirX, according to sources. Source

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ISIS Terrorists Presence Detected on Blockchain Messaging App BCM

Recent private monitors online have discovered that the Islamic State of Iraq and Syria (ISIS) terrorist organization has been using the messaging app BCM that is developed with blockchain technology to communicate with its members while remaining undetected by the authorities.The nature of blockchain technology can also allow the terrorist

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macOS Malware of North Korean Lazarus Group Detected on Crypto Platform

A new macOS malware has surfaced recently, with low threat detection rate, that digital security researchers think is allegedly created by the Lazarus Group, a cybercrime group based in North Korea with a long history of crypto hacking.The malware was disguised on a cryptocurrency trading platform website called ‘unioncrypto.vip’ and

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