Thursday, March 28, 2024
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New Vulnerability Attacks on Multi-Sig Wallets Uncovered: Verichains Reports

New risks discovered in multi-party computation (MPC) wallets and digital asset custody, Verichains reports. Leading blockchain security solutions provider Verichains announced the discovery of a critical attack possibility in the popular Threshold Signature Scheme (TSS), the function in a blockchain that enables a group of parties to collectively issue a

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Cosmos co-founder says a major security vulnerability has been uncovered on IBC

On Thursday, Ethan Buchman, co-founder of interblockchain communication (IBC) ecosystem Cosmos, said that a 'critical security vulnerability' had been discovered that 'impacts all IBC-enabled Cosmos chains, for all versions of IBC.' Buchman assured that steps have already been taken to ensure that all major public IBC-enabled chains have been patched,

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Crypto Mining Farm Uncovered in Russia’s Oldest Prison – Mining Bitcoin News

Russian law enforcement officials are investigating a crypto mining operation at Butyrka, Russia’s oldest prison. A deputy warden has been accused of stealing electricity to mint digital coins with the help of unidentified accomplices. Deputy Warden Suspected of Mining Cryptocurrency in Moscow Prison A high-ranking representative of the management of Butyrskaya prison,

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New Bitcoin Wallet-Focused Trojan Uncovered by Security Researchers

A new Remote Access Trojan (RAT) malware that steals Bitcoin (BTC) wallet data has been discovered by security researchers, according to a Sept. 12 report from Zscaler ThreatLabZ.  The RAT, dubbed InnfiRAT, is designed to perform a wide range of tasks on the infected machines, including specifically seeking out Bitcoin

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Chinese Crypto Scam Uncovered in the Philippines after Police Raid

The local authorities in the Philippines have reportedly raided the offices of an alleged cryptocurrency scam and arrested the scammers who were targeting investors in China.According to a Sept. 15 report by local news outlet Inquirer, the raid was initiated by the agents from the Bureau of Immigration, the Presidential

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