Category: Hacks
CryptoCurrency Hacks
Atomic Wallet’s Shibarium Layer-2 Integration Sparks Dispute: Here’s Why
Outrage Over Atomic Wallet’s Shibarium L2 Integration Integrating Shiba Inu’s Layer-2 solution, Shibarium, into Atomic Wallet has triggered outrage among victims of the $35 million…
What is Two Factor Authentication (2FA) and How Does It Work?
Introduction to Two Factor Authentication (2FA) In the 90s, the most screen time people could spend was in front of their televisions or personal computers….
Binance CEO Deploys Security Team To Help Recover Stolen HTX Assets
A few weeks after the crypto exchange Huobi’s rebranding to HTX, the platform was hacked, resulting in a loss of $8 million. Reacting to the…
What is a Crypto Phishing Attack and How to Avoid It?
Introduction Cryptocurrencies have eliminated the risk of physical robbery. However, crypto exists in the digital realm where it is exposed to various types of cyber…
Hackers Return Over 70% Of Stolen Curve Finance Funds
There are new developments regarding Curve Finance’s hacker exploits. Reports indicate that the hackers had returned approximately 73% of the stolen Curve Finance tokens, about…
What is Market Manipulation and How Does It Work in Crypto Markets?
Introduction Crypto trading requires practical experience much like any other investment market. Even professionally trained investors take their time to take up the practical experience…
Australia’s Treasury Department Fears Crypto Debanking Could Cripple Industry
The Australian crypto ecosystem has been in the news in recent weeks following the growing trend of traditional banks cutting their services to the industry….
Understanding Crypto Asset Segregation And Management
Crypto asset management is managing and enhancing investments involving crypto assets. This practice employs various innovative techniques to boost profits while mitigating potential risks. At…
Dormant Ethereum Wallet Becomes Active After 8 Years
After lying dormant for eight long years, an Ether wallet that remained inactive since 2015 has surprisingly sprung to life. In a whirlwind of activity,…
US Department Of Justice Double Down On DeFi Attackers – Report
The crypto cop at the United States Department of Justice (DoJ) is intensifying efforts to combat hackers and exploiters within the Decentralized Finance (DeFi) space….
What is Double Spending and How to Prevent It?
Do you know what “double spending” means when it comes to crypto? Have you pondered how it works and the means of protection against it?…
Centralized And Decentralized Crypto Exchanges: What Are They?
While several cryptocurrency exchanges exist, centralized exchanges are the most popular among regular users. This is because they are the primary platform for purchasing cryptocurrencies,…
What is a 51% Attack? A Beginner’s Guide
Anyone who has been involved with cryptocurrency for any length of time has probably been worried about the safety of their holdings. This guide will…
KuCoin Plans to Refund Victims of $22000 Twitter Exploit
On April 24, bad actors launched a fake activity on the crypto exchange KuCoin Twitter account. The KuCoin management reported that the hacking activity took…
Crypto Phishing Attacks Rose By 40% In One Year: Kaspersky Reports
A report executed by Kaspersky claimed that the phishing attack rate in the crypto ecosystem shot up by 40% in a single year. The report…
DAOMaker Gaming Platform Degen Zoo Suspends Operations Cites Security Threat
Degen Zoo, a gaming platform developed by the DAO Maker team, has suspended operation temporarily after detecting a malicious attack on the Binance Network. The…
Gnosis Launching Hashi Bridge Aggregator to Address Crypto Hacks
On March 30, the decentralized prediction market platform Gnosis released an innovative harsh bridge network built for blockchain technologies. The Gnosis team announced that the…
Hackers Exploit Safemoon LP Heisting $8.9 Million
On March 29, the Utah-based crypto firm Safemoon liquidity pool was hacked after the bad players launched malware on the smart contract. The malicious attack…
General Bytes Refunding Customers Affected By Zero-Day Hack
The Prague-based Bitcoin ATM producer General Bytes has announced plans to compensate customers affected by the recent zero-day hack. On March 23, bad players compromised…
BTC ATM Firm Closes Cloud Service After Recent Attacks On Users’ Hot Wallets
General Bytes, a BTC ATM producer, closed its cloud services due to a “security vulnerability” that allowed bad actors to access customers’ hot wallets and…
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