Collaborate Disseminate
By Deeba Ahmed
The main bridge of layer-1 blockchain between Binance Chain, Ethereum, and Bitcoin was exploited, but the BTC bridge…
This is a post from HackRead.com Read the original post: Hackers Exploit Harmony’s Horizon Blockchain Bridge to S… Continue reading Hackers Exploit Harmony’s Horizon Blockchain Bridge to Steal $100 Million
In this video for Help Net Security, Michael Aminov, Chief Architect at Perception Point, talks about a recent Binance impersonation attack and, more broadly, the ongoing threat landscape impacting the cryptocurrency industry. Cryptocurrencies arenR… Continue reading Crypto-related phishing and how to avoid it
An unidentified hacker stole $600 million worth of virtual currencies from Poly Network the cryptocurrency company announced Tuesday. Then in an unusual twist, less than 24 hours later, the hacker began to return some of the stolen money after a public plea from the company. As of publication time, the hacker had returned more than $4,772,000 worth of assets, according to the company. Chainalysis, a cryptocurrency-tracking firm, confirmed Wednesday that funds were on the move. The incident is the largest public attack against the decentralized financed industry to date. The identity of the thieves remains unclear. Poly Network offers a service that promises interoperability between different chains of cryptocurrency, which each have their own digital ledger and act independently of one another. A preliminary investigation by cybersecurity firm SlowMist found that the hacker exploited a vulnerability in a feature that allows for the implementation of exchanges across chains. This allowed […]
The post Hackers returned some of the $600 million they stole from Poly Network, a cryptocurrency firm appeared first on CyberScoop.
CertiK announced a $37M Series B funding round co-led by Coatue Management and Shunwei Capital, with participation from Coinbase Ventures. This is the largest single round of fundraising in the blockchain security space, adding to CertiK’s list of nota… Continue reading CertiK raises $37M to accelerate the development of innovative products and expand the team
U.S. authorities today announced criminal charges and financial sanctions against two Russian men accused of stealing nearly $17 million worth of virtual currencies in a series of phishing attacks throughout 2017 and 2018 that spoofed websites for some… Continue reading Two Russians Charged in $17M Cryptocurrency Phishing Spree
As suspected, the KYC details of thousands of Binance’s customers that hackers obtained and leaked online earlier this month came from the company’s third-party vendor, Malta-based cryptocurrency exchange Binance confirmed.
For those unaware, Binance,… Continue reading Binance Confirms Hacker Obtained Its Users’ KYC Data from 3rd-Party Vendor
Although exchanges, wallets and other cryptocurrency custody services are strengthening their defenses, attackers continue to innovate and outpace even the current state of the cybersecurity art, according to CipherTrace. Even Binance, the world’s numb… Continue reading Thefts from cryptocurrency exchanges continue despite increased security
Here’s a story of super-sized digital blackmail aimed at one of the biggest cryptocoin exchanges out there. Continue reading Blackmailed for Bitcoin – exchange rebuffs $3.5m ransom demand
One of the world’s largest cryptocurrency exchanges has revealed that it is being blackmailed to the tune of 300 Bitcoin (approximately US $3.5 million) by someone who is threatening to release some 10,000 sensitive photographs of its customers.
Read m… Continue reading Cryptocurrency exchange Binance offers $290,000 bounty to unmask blackmailer
Binance, one of the world’s largest cryptocurrency exchanges, has revealed that it is being blackmailed to the tune of 300 Bitcoin (approximately US $3.5 million) by someone who is threatening to release some 10,000 sensitive photographs of its c… Continue reading Cryptocurrency exchange Binance offers $290,000 bounty to unmask blackmailer