Tag Archives: security

A group of miners controlling 70% of the decentralized network PegNet hash rate manipulated the price of a Japanese Yen-pegged stablecoin dubbed pJPY. By submitting false data, they managed to artificially inflate a wallet balance of $11 up to $6.7 million but couldn’t liquidate the assets later. Miners Manipulate A Stablecoin’s Price Built on top of the Factom protocol, PegNet is a decentralized network allowing users to trade stablecoins pegged to fiat currencies, commodities, and other...

Just days after stealing $25 million from the Chinese DeFi protocol dForce, the attacker has returned almost all the funds. The unexpected events occurred after compelling transactions carrying several memos, contact email exchanges, and pleads from people. dForce Hacker Returns The Assets As Cryptopotato reported over the weekend, a hacker exploited the popular DeFi protocol – dForce Network. The attacker managed to drain all $25 million worth of crypto assets from its lending solution...

Kryptowährungsumtausch ist ein wichtiger Teil des Systems, der den Kauf und Verkauf von Krypto ermöglicht, aber die Wahl des richtigen Systems kann eine entmutigende und verwirrende Aufgabe sein. Von grösster Bedeutung bei der Auswahl einer Plattform ist das Mass an Sicherheit und Seelenfrieden, das sie bietet. Da in Krypto Börsen oft riesige Mengen an digitaler Währung gespeichert werden, sind sie ein attraktives Ziel für Hacker. Woher wissen Sie also, dass ein bestimmter...

dForce, a Chinese decentralized finance (DeFi) protocol that is backed by Multicoin Capital, has reportedly been exploited. According to a popular DeFi monitoring resource, the total value locked (in USD) in dForce, was reduced from around $25 million to almost nothing in a matter of hours. DeFi Lending Protocol Exploited A well-known DeFi protocol, dForce Network, was reportedly exploited recently. Its lending solution, Lendf.Me, representing an open-source money market protocol, was...

Future victims of the crew behind the Sodinokibi Ransomware will have to pay with Monero, instead of Bitcoin, the group announced. They noted that combining the privacy coin with TOR will make the payments almost impossible to trace.Hacker Group Replaces BTC With XMRThe infamous group behind the Sodinokibi Ransomware is now accepting the privacy coin Monero as a primary payment method instead of Bitcoin. According to a recent report, the crew believes that utilizing XRM will make it harder...

The list of famous individuals used in cryptocurrency-related scams grows with the Duke and Duchess of Sussex – Harry and Meghan. Scammers used their well-known names to dupe victims into investing in a suspicious auto-trading program called Bitcoin Evolution.Fraudulent Ads With Harry And MeghanAfter Bill Gates, Warren Buffett, and Richard Branson, now Harry and Meghan are the next famous people having their names used in cryptocurrency scams. According to a report, ads containing seemingly...

Ransomware attacks are certainly not something new, but it appears that hackers are getting more and more challenging to deal with. In fact, a well-known UK-based company paid millions in BTC in an attempt to protect its information after suffering an attack of the kind.$2.3M In Bitcoin Paid For RansomTravelex, a London-based company, has reportedly paid nearly $2.3M in Bitcoin to hackers this January. According to The Wall Street Journal, the UK firm has suffered a network malware...

Cryptojacking is a serious security threat to 86% of IT professionals, according to a recent survey compiled by the Singaporean company – Acronis.Despite the concerns, 12% of all participants in the study indicated that they are not taking any particular measures to protect their online privacy.IT Professionals Concerned About CryptojackingThis year’s Acronis survey on cyber protection was the fifth-annual compiled by the company. It consulted nearly 3,000 people from 11 countries on various...

A new fraud involving Bitcoin QR code generators has seen more than $45,000 worth of BTC stolen from victims in the last month alone. At least nine websites deceived users into entering their Bitcoin addresses and converting them into a QR code image, which ultimately sent the coins into the scammer’s account.Beware: Bitcoin QR Code ScamsGenerally, Bitcoin QR codes replace the lengthy BTC addresses consisting of numbers and letters. By sharing the code, users can request a payment from...

Malta’s financial regulator has issued warnings against two cryptocurrency exchanges that claim to have valid licenses to operate in the country. The nation’s watchdog denied that COINMALEX and Crypto Foxtrades operate under local legislation, and advised potential customers to refrain from using them.MFSA Versus Crypto FoxtradesThe first warning issued by the Malta Financial Services Authority (MFSA) was aimed at an entity operating under the name of Crypto Foxtradex. It’s a cryptocurrency...