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Cybercriminals have discovered a new way to spread malware to unsuspecting users, this time by manipulating BNB Smart Chain (BSC) smart contracts to hide malware and disseminate malicious code.A breakdown of the technique known as “EtherHiding” was shared by security researchers at Guardio Labs in an Oct. 15 report, explaining
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Users of Friend.tech — a decentralized social network — have recently been targeted by numerous hacker attacks. Jason Janowitz — founder of crypto news outlet Blockworks — described in an Oct. 8 tweet how someone tried to hijack his Friend.tech account. At first he received a message that posed as coming from
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Reports from South Korea-based Yonhap News Agency have revealed that Upbit, one of the largest crypto exchanges in South Korea experienced over
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South Korean cryptocurrency exchange Upbit has been targeted by hackers on more than 159,000 occasions in the first half of 2023, according to its operating firm. The figures were reported by Dunamu — the firm operating Upbit — to South Korean Representative Park Seong-jung of the People Power Party, according to
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HTX, formerly Huobi, recovered 4,999 ETH stolen by hackers, setting a rare precedent in the centralized cryptocurrency exchange world. On Sept. 24, HTX’s hot wallet suffered a cyberattack that saw 5,000 ETH, equivalent to $8 million, stolen by hackers. The exchange swiftly identified the culprits and initiated a daring move by
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Blockchain analytics investigators have uncovered an individual linked to a cryptocurrency laundering operation that is offering stolen tokens at discounted prices from recent high-profile exchange hacks.Speaking exclusively to Cointelegraph, a representative from blockchain security firm Match Systems outlined how investigations into several major breaches featuring similar methods through the summer
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Almost a year after the FTX hack of $600 million in tokens, on-chain data revealed recent activity in the perpetrator’s wallet, identified as 0x3e957, on Saturday, Sept. 30, 2023. This is occurring closely to the launch of Ethereum-based ETF in the United States.Based on on-chain data from Spot On Chain, the
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In Q3 2023, the crypto industry lost $889.3 million to hacks, scams, and rug pulls, more than cumulative losses in H1. Beosin experts say that $540.16 million were lost in 43 cyber attacks; $282.96 million and $66.15 million were lost in 81 rug pulls and phishing scams. In total, 29 attacks targeted decentralized
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Mixin Network, a decentralized cross-chain protocol, in a message to the hacker behind the $200 million exploit on Sept. 23, has offered a $20-million bug bounty for the return of the remaining funds.Mixin Network encrypted the message with the exploiter transaction, requesting the exploiter to return the funds as the majority
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While not much is known about the Lazarus Group, researchers have attributed numerous cyber attacks to them over the past decade, as well as ties to Russia. The most notorious crimes of Lazarus Group The Lazarus Group (also known as the Guardians of Peace or the Whois Team) is a cybercriminal group
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