Articles focusing on security measures, security breaches, preventive technologies, and best practices for safeguarding crypto assets.
Hackers breached the X accounts of Neymar, Oliver Stone, and others to promote the scam token $HACKED, netting only $8000. Speculation arises over possible links between the account owners and hackers. Security in the crypto space remains a critical issue.
Vitalik Buterin discusses AI risks and crypto synergy. Highlights include decentralized AI models for security, potential applications in medicine and education, and using cryptocurrency to fund open-source AI, fostering a decentralized and ethical tech landscape.
Binance’s new mini-game, Moonbix, is launching on Telegram to boost crypto adoption. The early reveal has excited the crypto community, aiming to attract newcomers. Former exec Gleb Kostarev highlighted its role in mass digital asset adoption.
Circle launches $USDC on the Sui network, spiking $SUI price by 7.5%. This marks USDC’s 16th blockchain integration, enhancing interoperability and security. Circle also minted 50M USDC, reflecting high market demand.
DeltaPrime liquidity protocol lost $5.9M in a sophisticated hack, compromising DPUSDC, DPARB, and DPBTCb pools on Arbitrum. Security experts suspect North Korean hackers using forged documents. Estimated losses could reach $7M, highlighting crypto vulnerabilities.
Justin Bons, founder of Cyber Capital, alleges Tether is a $118B scam, surpassing FTX and Madoff. He criticizes $USDT for lack of transparency and warns its collapse could be disastrous, urging the crypto community to avoid it.
$USDC issuer Circle accused of profiting from North Korean Lazarus Group transactions. Circle allegedly delayed blacklisting wallets by 4.5 months, unlike other stablecoin issuers. The group was involved in a $20M hack on Indodax.
CFTC teams up with the American Bankers Association Foundation and SEC’s Investor Education Office to combat “pig butchering” crypto scams costing Americans billions. Initiatives include infographics and alerts to protect investors and reduce fraud.
Indonesian crypto exchange Indodax has lost over $18M in a security breach involving 5204 $ETH, 6.84M $MATIC, and 380 $ETH on various networks. Indodax assures clients their funds remain secure, highlighting the need for enhanced cybersecurity.
PayPal and Venmo integrate with Ethereum Name Service (ENS) for streamlined crypto payments, linking .com addresses to .eth for easier wallet management. Partnerships with @GoDaddy and MoonPay, plus PYUSD launch on Venmo, highlight deeper crypto involvement.
Penpie protocol loses $27M in Ethereum and stablecoins; $197M Euler Finance hacker praises Penpie hacker for keeping the assets. Stolen funds partially laundered through Tornado Cash, highlighting urgent need for enhanced DeFi security measures.
WazirX hacker launders $10M via Tornado Cash. Cyvers reports 5,000 ETH moved to a new wallet, mirroring Lazarus Group tactics. WazirX allows 66% INR token withdrawals amid restructuring and user discontent.
Hypernative secures $16M in Series A funding led by Quantstamp to enhance Web3 security. Their AI-driven solutions have saved clients over $100M and identified 99.5% of hacks. Plans include expanding global operations and workforce.
Hacker behind WazirX breach launders $6.5M in ETH via Tornado Cash. The wallet still holds 61.1 ETH ($152,700). North Korean Lazarus Group suspected in the $235M breach. Highlights ongoing crypto vulnerabilities and need for heightened security.
