September 4, 2024 at 09:48AM The FBI warns that North Korean hackers are aggressively targeting the cryptocurrency industry using sophisticated social engineering techniques. They aim to deploy malware and steal virtual assets. The attackers conduct extensive research on potential victims and engage in prolonged conversations to establish trust before delivering malware. Organizations and individuals in … Read more
May 23, 2024 at 05:07PM Cryptocurrency traders engage in risky tactics, with two MIT graduate brothers standing out for exploiting a software flaw on the Etherium blockchain, resulting in a $25 million theft. Such attacks raise concerns about the blockchain’s integrity. Despite government crackdowns, cryptocurrency continues to face growing pains. Traders use various tactics, including … Read more
December 15, 2023 at 03:38PM Former Amazon security engineer Shakeeb Ahmed pleaded guilty to hacking and stealing over $12.3 million from two cryptocurrency exchanges in July 2022. He manipulated smart contracts to exploit pricing data, yielding inflated fees, and took advantage of a DeFi protocol loophole. Ahmed used various methods to conceal the stolen funds … Read more