November 9, 2024 at 01:12AM Roman Sterlingov, founder of the Bitcoin Fog cryptocurrency mixer, was sentenced to 12.5 years in prison for money laundering between 2011 and 2021. He must forfeit $395.56 million and his interest in a wallet holding 1,345 bitcoins. Bitcoin Fog laundered over $400 million for various cybercriminal activities. **Meeting Takeaways – … Read more
November 5, 2024 at 11:32AM A typosquatting campaign is targeting developers through similar-named malicious JavaScript npm packages, leading to info-stealing malware. Originating in October, it employs Ethereum smart contracts for command and control, complicating detection. Researchers emphasize the need for stricter package management and authentication to protect development environments from these attacks. Here are the … Read more
September 26, 2024 at 09:15AM A fraudulent app named WallConnect, posing as the legitimate ‘WalletConnect’, garnered over 10,000 downloads on Google Play over five months. It deceived users by leading them to a malicious website, resulting in the loss of digital assets worth over $70,000. Due to potential manipulations, the download count may have been … Read more
September 17, 2024 at 03:46AM Cryptocurrency exchange Binance warns of a global threat targeting cryptocurrency users with clipper malware to facilitate financial fraud. The malware monitors clipboard activity to steal sensitive data and replace cryptocurrency addresses with the attacker’s. Binance advises caution and taking steps to prevent further fraudulent transactions. Blockchain analytics firm Chainalysis reports … Read more
August 19, 2024 at 12:36PM Italian police arrested four suspected hackers, responsible for stealing $14 million worth of cryptocurrency from Holograph, a blockchain tech firm. The individuals were living luxuriously in Italy for weeks before their capture. Law enforcement, working with French authorities, tracked the group’s lavish lifestyle, leading to the arrest of two suspects … Read more
August 8, 2024 at 11:00AM The concept of “immutable” within cybersecurity is explored, encompassing data, servers, backups, and blockchains. These technologies are designed to enhance security but don’t guarantee true immutability. They offer valuable layers in a security stack, but the term “immutable” is primarily a marketing term, signifying increased difficulty in unauthorized alterations. Organizations … Read more
August 7, 2024 at 07:11PM Ronin Network’s blockchain experienced a security breach as white hat hackers exploited an undocumented vulnerability, withdrawing $12 million in assets. Promptly, they notified Ronin about the breach and the bridge was halted for verification. A post-mortem revealed a flaw in a recent bridge update, prompting Ronin to develop a new … Read more
July 19, 2024 at 02:07AM Indian crypto exchange WazirX disclosed the loss of over $230 million in virtual assets in a cyber attack attributed to North Korea. The attack exploited a vulnerability to gain control of a multi-signature wallet. WazirX halted crypto withdrawals and initiated recovery efforts. Blockchain analytics firms suspect the stolen assets are … Read more
July 8, 2024 at 03:22PM Cybersecurity is a growing concern in today’s digital age, especially with the rise of cryptocurrencies leading to an increase in crypto-crimes. Chainalysis’s 2024 report outlines the impact of crypto-crimes in 2023, including the drop in illicit transactions but a rise in ransomware and darknet market activities. Sanctions-related transactions were prominent, … Read more
July 8, 2024 at 11:48AM A threat actor hacked into Ethereum Foundation’s account on a mailing list platform, using it to send phishing emails to over 35,794 addresses. The emails, appearing to be from a legitimate source, promoted a Lido scam and contained a link to a malicious site. The Foundation took immediate action to … Read more