PH Developer on Bybit Hack: A Classic Case of Social Engineering

BayaniChain CEO Paul Soliman explains how the $1.46 billion Bybit hack was a textbook social engineering attack, not a blockchain failure.

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Social Engineering Attacks in Crypto: How to Identify, Prevent, and Protect Your Assets

Social Engineering 101: Learn how phishing, BEC, honeytraps, and more can compromise your crypto assets and discover effective strategies for prevention and protection.

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Crypto payment gateway CoinsPaid suspects Lazarus Group in $37M hack

CoinsPaid said it is now working with Estonian law enforcement and several blockchain security firms are assisting to minimize the impact of the July 22 exploit.

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Crypto founder reveals how he almost lost all his ETH to a $125M social engineering scam

Thomasg.eth, a decentralized autonomous organization (DAO) creator on Twitter, has disclosed how a social engineering fraud nearly cost him all of his ETH. He detailed how fraudsters almost grabbed him in a lengthy thread. Cybercriminals utilize social engineering to acquire someone’s confidence, frequently through deception, in order to steal sensitive information or compel them to […]

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North Koreas Lazarus Group now using crypto gifts to breach security defenses

The North Korean-linked Lazarus Group has adopted a new method of breaching crypto firms: sending cryptocurrency to their targets as part of an elaborate social engineering scheme. According to 23pds, the pseudonymous Chief Information Security Officer (CISO) at Web3 security firm SlowMist, this tactic aims to gain the victim’s trust before deploying malicious code. 23pds […]

The post North Korea’s Lazarus Group now using crypto gifts to breach security defenses appeared first on CryptoSlate.

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FBI, Japan expose North Koreas $305M DMM exchange hack details

The FBI has unveiled details of a $305M Bitcoin heist by North Korea-affiliated hackers using social engineering techniques.

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