Thursday , April 25 2024
Home / Tag Archives: Cybersecurity News

Tag Archives: Cybersecurity News

Ethena Labs Dodges Security Breach as Fake Token Falls Victim: Crypto Security Woes Continue

CoinspeakerEthena Labs Dodges Security Breach as Fake Token Falls Victim: Crypto Security Woes Continue The attack on the fake token occurred mere hours after Ethena had introduced its new ENA token, designed to allow users to earn rewards by staking BNB or FDUSD. Ethena Labs Dodges Security Breach as Fake Token Falls Victim: Crypto Security Woes Continue

Read More »

Trading Platform Thunder Terminal Faces $240K Exploit, Says Funds Are SAFU

Thunder Terminal successfully thwarted a $240,000 exploit targeting 114 wallets, ensuring user funds’ security. The incident involved an attacker gaining access to a MongoDB connection URL, executing withdrawals on behalf of users. The on-chain trading platform Thunder Terminal successfully thwarted a $240,000 exploit that targeted 114 wallets on its platform, assuring users that their funds are secure. Despite this, the hacker refutes the claims, labeling them as “all lies” and is now...

Read More »

KyberSwap Hacker Demands Full Control of Company

Both parties failed to reach an agreement on the safe return of the stolen assets despite Kyber offering the hacker 10% of the funds, which amounted to $4.3 million.  The hacker behind the $46 million exploit on KyberSwap, a decentralized exchange that allows users to send and receive different cryptocurrencies, issued an ultimatum for the return of the digital assets stolen from the protocol on November 23. According to an on-chain message sent to the company on Thursday, the black hat...

Read More »

KyberSwap Recovers $5.7M from $47M Hack, Gives Hackers 10% Bounty

KyberSwap has stated that it will continue to cooperate with law enforcement and cybersecurity experts to recover user funds and track down the perpetrators of the attack. The KyberSwap team has recovered approximately $5.7 million after last week’s $47 million hack on KyberSwap liquidity pools on Polygon and Avalanche. The company announced that it has negotiated a return of 90% of the user funds, with the remaining 10% serving as a bounty for the hackers. “The KyberSwap team has been in...

Read More »

DEX Platform KyberSwap Faces Exploit Losing $47M

Kyber Network has asked all of its users to promptly withdraw all their funds without clicking on any suspicious links or DMs. KyberSwap, a decentralized exchange (DEX) protocol, has reportedly experienced a $47 million exploit, based on on-chain data. The funds were associated with its Elastic Pools liquidity solution. Unexpectedly, funds from wallets linked to the protocol moved to a single wallet, as highlighted by a user known as Spreek on X. The affected funds include $20.7 million...

Read More »

InfStones Fixes Vulnerabilities Identified by dWallet Labs

InfStones explained it conducted an internal review revealing no further threats. The blockchain infrastructure provider also invited an external security firm to audit its systems and company policies. Blockchain infrastructure provider InfStones has announced its success in fixing vulnerabilities identified in its system by security firm dWallet Labs. dWallet Labs reportedly found susceptibilities in InfStones’ validators. According to dWallet Labs, it detected the threats while...

Read More »

Solana Fires Back at CertiK, Says Saga Phone Flaw Claims Are ‘Inaccurate’

Solana argues that an attacker would still need the permission of the phone owner to gain entry. Solana has responded to claims by blockchain security firm CertiK that there is a security threat to its Saga phone. In a Wednesday video post on X, CertiK alleged that the holders of the smartphone may be exposed to what is called a “bootloader vulnerability”. According to the firm, this loophole could allow bad actors to create some sort of backdoor access to the phone. In a bid to highlight...

Read More »

Mysterious $1.6 Million CrypToadz NFT Purchase Leaves NFT Community Puzzled

The reason for the surprise was that the average sale price for CrypToadz is typically under $1,000, making the sudden hundredfold increase in value in a short period of time seem questionable to experts. On October 9th, an anonymous crypto user bought a CrypToadz NFT on the popular NFT marketplace OpenSea for a shocking price of 1,055 Wrapped Ethereum (wETH), equivalent to around $1.6 million. This expensive purchase of a single non-fungible token representing one of over 6,000...

Read More »