Tag Archives: News

Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

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,...

Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

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...

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...

Tornado Cash recorded volumes of $1.9 billion in the first half of 2024, data reveals. Large amounts were deposited in the privacy-enabling mixer despite the Office of Foreign Assets Control (OFAC) sanctioning the application. The sanction forbids users from using the application, failing which users cannot exchange their crypto for fiat on US-based exchanges. Wallets interacting with the mixer are blacklisted and prevented from accessing exchange servicers. Tornado Cash is frequented by...

South Korea’s crypto framework, the Virtual Assets User Protection Act, came into force on July 19. This regulation offers guidance to the crypto exchanges operating in the country. Many have stated these laws, formulated by the country’s Financial Services Committee (FSC), are on the stricter side. A press release issued by the FSC read, “The Financial Services Commission announced that the Act on the Protection of Virtual Asset Users, which intends to establish a sound order in the virtual...