In recent times, an alarming wave of scams has emerged, targeting unsuspecting developers seeking risk-free passive income. These scams, operating under the guise of MevBot, entice developers with false promises, only to exploit their trust and ultimately deceive them. This…
CZ’s Binance Swift Response: Tracking and Freezing Stolen Funds
In a remarkable display of swift action and technological prowess, Binance, under the leadership of CEO Changpeng Zhao (CZ), successfully tracked and froze a significant portion of stolen funds. This incident sheds light on Binance’s commitment to security and its…
Decentralized Finance (DeFi) Platform Raft Recovering from a Devastating Hack of $3.3 million
In recent events, the decentralized finance (DeFi) platform Raft fell victim to a significant hack, resulting in the loss of approximately $3.3 million worth of ether (ETH). This incident has sent shockwaves through the DeFi community, highlighting the vulnerability of…
Ethereum Wallet Suffers from a Massive Phishing Attack, Leading to $24 Million Losses
Attacks on crypto holders, especially Ethereum wallet owners, are rampant in the crypto industry. Recently, an unknown Ethereum wallet owner suffered from an attack, leading to massive losses. Ethereum Wallet Suffers Phishing Attack How Much Was Stolen From the Ethereum…
Brazilian crypto streamer loses money by accidentally exposing private key
Fraternidade Crypto, a famous Brazilian crypto streamer, suffered significant financial loss due to a private critical mishap. These kinds of incidents shed light on the importance of security in the world of digital assets. Fraternidade Crypto’s Loss of Private Keys…
Libbitcoin vulnerability Causes Nearly $1 Million Loss in Bitcoin Wallets
SlowMist is a security firm founded in 2018 with the intention of providing security updates and services to the crypto ecosystem. Apparently, the crypto community became alert after they announced a new Libbitcoin vulnerability. If you are new to the…
What is Steadefi, and How Did it Get Hacked?
The latest crypto hack happened to Steadefi, an advanced crypto aggregator, on the 7th of August. Apparently, hackers came in contact with some of their central funding wallets and stole the funds. Now, Steadefi wants the hackers to come for…
Two Russian Nationals Face U.S. Justice Department Charges Over Crypto Exchange Hacks
In a significant development in the world of cryptocurrency, the U.S. Justice Department has unsealed charges against two Russian nationals, Alexey Bilyuchenko, 43, and Aleksandr Verner, 29. The charges relate to the 2011 hack of the cryptocurrency exchange Mt. Gox…
Hackers Steal $196 Million from Crypto Lender Euler Finance: The Devastating Consequences of Cybercrime in the Digital Age
Title: Hackers Steal Around $196 Million from Crypto Lender Euler Finance Euler Finance, a cryptocurrency lending platform, suffered a massive hack that resulted in the loss of approximately $196 million worth of funds. The hack highlights the security challenges faced…
Solana-Based Decentralized Finance Platform Mango Has Been Hacked For $100 Million
The Solana blockchain-based decentralized finance platform Mango has been exploited for over $100 million. Blockchain auditors OtterSec first posted about the hack on Twitter, claiming that “the attacker was able to alter their Mango collateral.” Attackers Inflated Mango’s Token According to…