User loses $32 million spWETH in a sophisticated phishing attack

According to crypto security firm Scam Sniffer, 9,145 users were victims of phishing attacks during August 2024, losing funds as a result.

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ParaSwap launches intent-based protocol to curb MEV attacks

Popular MEV attacks, such as sandwich transactions, have netted attackers nearly $17 billion in the past 30 days.

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Crypto losses reach $1.19B in H1 2024: CertiK calls for better security

The CertiK report shows that phishing attacks led to nearly $498 million in losses, emphasizing the urgent need for enhanced security measures like 2FA.

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New overlay attacks are a growing threat to crypto users security CEO

The attackers are creating fake overlays to trick users into providing login credentials for financial services apps, including potentially for crypto exchanges.

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Crypto execs on DeFi domain hacks: Dont interact with crypto for now

CoinGecko founder Bobby Ong explained that after Google sold its domain business to Squarespace, two-factor authentication was removed due to the forced migration of domains.

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TON ecosystem scams on the rise: How to stay safe

As the TON blockchain is open-source and permissionless, individual users and projects must be careful to ensure their own safety.

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AI-driven crypto crime is only just beginning Elliptic report

Elliptics 2024 report exposes how AI is increasingly used for sophisticated crypto crimes, from deepfake scams to state-sponsored cyberattacks, signaling that these threats are just beginning.

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Crypto hacks increase in 2024, but smart contracts not to blame

Smart contracts are no longer the biggest concern, as hackers are vying for easier targets, such as private key leaks.

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TON ecosystem flooded with phishing attacks, SlowMist warns

The founder of SlowMist has warned that the Telegram messenger ecosystem is too free for exploiters of the TON ecosystem.

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Coinbase is the most impersonated crypto brand by scammers: Report

Although Coinbase continues to be the most impersonated brand in the crypto industry, Meta was targeted by over 25 times as many scammers as the exchange.

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EigenLayer enhances EigenDA security to combat Sybil attacks

With the additional security feature, EigenLayer aims to protect the service it offers while guaranteeing its availability to all clients.

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North Korean cyberattacks on Brazilian fintech firms exposed

Google Clouds report exposes North Korean cybercriminals targeting Brazils cryptocurrency and fintech sectors with sophisticated malware and phishing schemes.

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OKX investigates multimillion account thefts after SIM swap attacks

According to SlowMist, despite the two similar phishing incidents, OKXs two-factor authentication mechanism was not the main vulnerability point.

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How the Peraire-Bueno brothers allegedly drained $25M from their MEV bots exploit

The Peraire-Bueno brothers have been charged with fraud in a first-ever MEV bot exploit case. Here is what the DOJ claims they did to pull it off.

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North Korea used Tornado Cash to siphon HTXs $147.5M loot: UN

A UN report reveals North Korean hackers laundered $150 million in stolen crypto assets through Tornado Cash in March 2024.

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Bitcoin Address Poisoning Attacks: Expert Jameson Lopp Raises Concerns

Jameson Lopp Warns of Bitcoin Address Poisoning Renowned cryptocurrency expert Jameson Lopp recently raised concerns about Bitcoin address poisoning. This deceptive practice involves attackers manipulating QR codes or sophisticated phishing schemes to divert funds to illegitimate addresses. Lopp emphasized the importance of verifying Bitcoin addresses before sending any transactions to ensure the safety of your [...]

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How DDoS Attacks Have Become the Primary Tool for Political Cyber Warfare

Distributed Denial of Service (DDoS) attacks have emerged as the primary method for conducting political cyber warfare, according to a recent report by NETSCOUT. These attacks involve overwhelming a target website or online service with a flood of traffic, causing it to become inaccessible to legitimate users. The report highlights how DDoS attacks have become [...]

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Escalating Sophistication of North Korean Crypto Attacks and Actors: Paradigm

In recent years, there has been a noticeable uptick in the level of sophistication seen in North Korean cyberattacks targeting cryptocurrency. These malicious actors have been evolving their tactics, posing a significant threat to the digital asset ecosystem. The paradigm shift in North Korean cyber operations has caught the attention of security experts worldwide. By [...]

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Biggest Crypto Hacks by North Koreas Lazarus Group

Learn how North Koreas Lazarus Group stole billions using phishing, malware, and social engineering.

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BNB Chain launches Good Will Alliance to combat malicious MEV attacks

BNB Chain launches the Good Will Alliance to combat malicious MEV practices, focusing on sandwich attacks with advanced filters and community collaboration.

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