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Fractal ID Data Breach Caused by Vulnerability Leading Back to 2022

Fractal ID, an on-chain identity platform, suffered a hack on July 14th, 2024, causing the sensitive data of 0.5% of its users, or 6,300 accounts, to be revealed to the bad actors. Analysis of the incident revealed that the breach occurred due to an operator with admin controls setting an insecure password in 2022. The password was a reused one, breaking operational security best practices and allowing the hacker to grab sensitive user-related data, including wallet addresses, KYC details,...

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Blockchain Life 2024 in Dubai Unveils First Speakers, Featuring Industry Leaders from Tether, Ledger, TON, Animoca Brands and More

Blockchain Life 2024, one of the world’s leading events in web3, cryptocurrencies and mining sphere, today announced the first wave of its esteemed speaker lineup for the 13th edition of the event.Bringing together over the 10,000 most influential figures from all over the world on October 22-23, the Blockchain Life 2024 promises to deliver powerful insights on making money during the current Bull Run. Among the first lineup of speakers are: Paolo Ardoino – CEO Tether Xinxi Wang –...

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Joe Biden Exits 2024 Presidential Race

US President Joe Biden has stepped down from the 2024 presidential race. Biden has endorsed his vice president, Kamala Harris, to step in and go head-to-head with the Republican presidential nominee, Donald Trump. Although Biden did not mention the reasons behind his decision, he stated in a release, “While it is my intention to seek re-election, I believe it is in the best interest of my party and the country for me to stand down and to focus solely on fulfilling my duties as President for...

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WazirX Announces Bounty Program to Reclaim Lost Assets

As hackers tied to the North Korean Lazarus Group made away with $230 million from WazirX’s multisig cold wallet on July 18, the Indian centralized exchange (CEX) has announced a bug bounty program. It will hopefully allow the attacked platform to track the flow of assets as the hackers try to liquidate them and let WazirX seize them on other CEXs during liquidation efforts. The exchange wrote on X, “We’re reaching out to 500+ exchanges to block the identified addresses. Many exchanges are...

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