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Website of OpenSea NFT marketplace showing phishing attack
Cyber SecurityNews

Phishing Attack on NFT Marketplace OpenSea Results in Thefts From 17 Accounts; Victims Tricked Into Signing Malicious Payloads

February 24, 2022
The attack on the OpenSea NFT marketplace does not appear to be a code issue or vulnerability, the phishing attacks apparently involved unknown threat actors approaching individual users and tricking them into signing a malicious payload.
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Hacker hunting for cryptocurrency showing flash loan attack on DeFi platform
Cyber SecurityNews

Flash Loan Attack Takes Beanstalk Defi Platform for $182 Million, Largest Yet of Its Type

April 21, 2022
The Beanstalk attacker managed to get away with $80 million in illicit crypto funds, though the DeFi platform is looking at a total $182 million loss due to remediation and a sharp value drop that sent the token from $1 to 11 cents in value overnight.
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Ethereum coin and hundred dollars bills in leather wallet showing blocking of OFAC sanctioned addresses for DeFi
Cyber SecurityNews

Mixing Service Tornado Cash Begins Blocking OFAC Sanctioned Addresses, Signaling DeFi Willingness to be Regulated

April 26, 2022
Tornado Cash said that the OFAC sanctioned address that was being used to process the $625 million stolen from NFT game Axie Infinity's Ronin bridge had already been blocked.
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Binance mobile app on smartphone screen showing sharing of user data with Russian FSB
Data PrivacyNews

Report Says Text Messages Indicate Binance Shared User Data With Russian FSB

May 18, 2022
A Reuters report indicates that popular cryptocurrency exchange Binance was pressured into handing user data over to the Russian FSB, but the company denies that the story is accurate.
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Metamask Web3 wallets on mobile phone screen showing Chinese hackers
Cyber SecurityNews

Web3 Wallets Targeted by Chinese Hackers; “SeaFlower” Using Cloned Websites to Trick Crypto Traders

June 22, 2022
The Chinese hackers are distributing backdoored Web3 wallets, primarily targeting searches for Coinbase Wallet, imToken, MetaMask and Token Pocket, and are focused on both iOS and Android users.
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Hacker hunting for crypto showing cyber attacks
Cyber SecurityInsights

Fighting Back: Emergent Technologies To Secure Crypto Firms Against Cyberattacks

July 4, 2022
A strong recovery and resilience strategy will ensure that crypto and DeFi firms are able to rebound from cyber attacks with minimal disruptions to their operations, mitigating losses for their investors and users.
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Gold bitcoin in front of dollar bills showing crypto crimes
Cyber SecurityNews

Crypto Crimes Rake in a Record $20 Billion, but With Only Slight Gains in Overall Activity

January 16, 2023
A new study from Chainalysis finds that crypto crimes are proving more lucrative than ever for organized criminal gangs, but that illicit activity overall only saw a slight raise from its record low levels in 2021.
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Fintech icons on technology background showing attack on DeFi projects and finance pools
Cyber SecurityNews

Rough Week for DeFi Projects With Attacks on Finance Pools, Rug Pulls Creating Massive Losses

August 8, 2023
DeFi projects continue to be a popular target of attack for advanced hackers, as a number of finance pools associated with Curve were hit on July 31 for a total loss of about $61 million. The attack appears to have been the result of a vulnerability found in certain versions of the Vyper programming language.
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Crypto coins hanging on clotheslines showing crypto laundering and Lazarus group
Cyber SecurityNews

Cross-Chain Crypto Laundering Spikes to $7 Billion, Lazarus Group Responsible for $900 Million

October 11, 2023
New report from Elliptic finds a major spike in cross-chain crypto laundering to $7 billion in the past year. North Korea's state-backed Lazarus group is a major driver, responsible for about 13% ($900 million) alone.
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Wall Street building in New York City showing SEC's X account hack with approval of Bitcoin ETF
Cyber SecurityNews

Hack of SEC’s X Account Used to Prank the Crypto World With News of Bitcoin ETF Approval

January 12, 2024
The crypto world has been anticipating the approval of Bitcoin ETFs by the SEC. A group of hackers touched off premature celebration on Tuesday when they gained control of the SEC's X account, using the unauthorized access to post a fake approval message.
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Keyboard with dollar bill showing ransom payment and cyber extortion

PowerSchool Confirms Ongoing Cyber Extortion of Individual Schools Despite Ransom Payment

Keyboard with red backlight showing LockBit ransomware data breach

LockBit Ransomware Suffers Its Own Data Breach, Internal Conversations With Victims Leaked

Mobile phone and lock icons showing messaging app security breach

High Security Messaging App Tool Used by US Government Suspends Service After Security Breach

TikTok logo on smartphone showing data transfers of EU data

TikTok to Receive €530 Million Fine Over EU Data Storage, Data Transfers to China

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