Tag Archives: Cybersecurity News

CoinspeakerBalancer Loses $900,000 to Security Vulnerability Despite Prior Warning The attacker managed to transfer Dai stablecoins twice. The initial transfer was $636,812, followed by a subsequent transfer of $257,527, aggregating to a total stolen amount of around $900,000. Balancer Loses $900,000 to Security Vulnerability Despite Prior Warning

CoinspeakerFTX Faces Cybersecurity Breach amid Bankruptcy Proceedings FTX highlighted the pressing concern of potential fraudulent activities and scams and advised users to exercise heightened caution against any emails or communications that may impersonate parties involved in the bankruptcy proceedings. FTX Faces Cybersecurity Breach amid Bankruptcy Proceedings

CoinspeakerAtomic Wallet Faces Lawsuit from Aggrieved Investors over Breach The lack of definitive information raised concerns about the depth of Atomic Wallet's understanding of the breach and its ability to prevent similar incidents in the future. Atomic Wallet Faces Lawsuit from Aggrieved Investors over Breach

CoinspeakerFireblocks Uncovers BitForge: Series of Security Vulnerabilities Affecting Crypto Wallets Coinbase, Zengo, and Binance expressed gratitude to Fireblocks for identifying and responsibly disclosing the security issues before any losses occurred. Fireblocks Uncovers BitForge: Series of Security Vulnerabilities Affecting Crypto Wallets

CoinspeakerFBI Report: Crypto Scammers Hiding Beneath Mask of NFT Developers Crypto scammers are trapping gullible investors by creating replica websites and social media accounts of real-life projects. Later they ask the users to connect their wallets, and siphon off the funds. FBI Report: Crypto Scammers Hiding Beneath Mask of NFT Developers

CoinspeakerUpbit Suspends CRV Trading after Curve Finance Exploit Upbit noted that CRV has experienced increased volatility. Upbit Suspends CRV Trading after Curve Finance Exploit

CoinspeakerNorth Korean Hackers Attack American IT Company JumpCloud CrowdStrike confirms that the hack was carried out by the "Labyrinth Chollima" group. North Korean Hackers Attack American IT Company JumpCloud

CoinspeakerMultichain Suspends Services Following $130M Exploit across Multiple Bridges Multichain has now warned that because of the exploit, all transactions will be stuck on source chains until further notice. Multichain Suspends Services Following $130M Exploit across Multiple Bridges

KuCoin CEO noted that the increased adoption of cryptocurrency has pushed the number of related security issues higher. Leading cryptocurrency exchange KuCoin has introduced additional checks to its KYC verification process. In a bid to comply with global anti-money laundering regulations, the firm announced the KYC system upgrade on June 28. As part of the upgrade, all new users will have to complete mandatory identity checks from July 15. Without this, such users will not have access to...

Group IB’s analysis showed that most of the stolen ChatGPT login credentials were done by the notorious information-stealing malware Raccoon info stealer. OpenAI’s chatbot ChatGPT has been hit by one of the most common forms of cyber attacks, causing the leakage of more than 100,000 login credentials. Singapore-based cybersecurity firm Group-IB revealed in a report that the login credentials were gradually released over the past year. Global-IB’s Report Reveals Compromised ChatGPT Login...