In an increasingly digitized world, the crypto space has witnessed a surge in malicious activities, with hackers and scammers targeting unsuspecting victims and making off with their hard-earned digital assets. Recent data reveals that the month of August 2023 alone…
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Singapore Court Uses NFTs to Track Hacked Crypto Assets
NFTs new tool for legal oversight In an unprecedented move, Singapore’s court has authorized using non-fungible tokens (NFTs) to track cryptocurrency funds linked to a major hack. By attaching these NFTs to specific wallets, the court has created digital markers…
Why Hackers Favor Binance’s BNB Smart Chain: The Rise of EtherHiding
In the dynamic landscape of cybersecurity, a new and potent menace, known as “EtherHiding,” has surfaced. Despite its misleading name, EtherHiding has minimal connections to the Ethereum blockchain. This cunning attack vector empowers malevolent actors to insidiously embed malicious code…
Stars Arena Faces a Massive $2.85 Million Security Breach
Stars Arena: Rising Popularity and Vulnerability Stars Arena, a social platform backed by Avalanche’s Contract Chain, has fallen victim to what they describe as a “significant security breach.” Launched recently, following the surge in popularity of Friend.tech, this social token-based…
Crypto Wallet Sanctioned by U.S. for Mexican Cartel Fentanyl Trade Links
In recent developments, the U.S. government’s Office of Foreign Assets Control (OFAC) has taken significant actions to combat the illicit drug trade involving cryptocurrencies. This pivotal move is a response to the growing concern of drug traffickers exploiting digital assets…
September Emerges With the Biggest Amount of Crypto Hacks At $355.9 Million Hacked Funds
PeckShieldAlert made a post on Twitter describing the current market situation regarding hacks in the crypto industry. So, there’s an incredible increase in the value of crypto hacks in the industry. Many institutional and top crypto individuals are the targets…
Mixin Network a Web3 Platform Suffers $200 Million Crypto Hack
In the fast-evolving world of decentralized finance (DeFi), security is of paramount importance. Recent events have highlighted the vulnerability of web3 platforms to malicious attacks, causing substantial financial losses. One such incident involves the Hong Kong-based DeFi project Mixin Network,…
Tron Founder Reveals he lost 7.94 million worth of ETH in the HTX Exchange Hack
Welcome to our in-depth article where we delve into the recent hacking incident at the HTX Exchange, as disclosed by Tron founder Justin Sun. In this comprehensive analysis, we provide detailed insights into the hack, its impact on the exchange,…
Russian and North Korean Cyberattack Infrastructure Converge: New Hacking Data Raises National Security Concerns
In a significant development following a historic arms meeting between North Korean leader Kim Jong-un and Russian President Vladimir Putin, on-chain data has unveiled a troubling revelation. It appears that hacking groups linked to the Democratic People’s Republic of Korea…
The Fortress Trust Hack: Safeguarding Crypto Assets in an Evolving Landscape
Introduction In an increasingly digital world, the security of cryptocurrency assets has become a paramount concern. Recent events have highlighted the vulnerability of even the most robust custodial services, as exemplified by the high-profile hack of Fortress Trust. This article…