Access Control Failures Drive $758 Million in Q3 2023 Crypto Losses Across DeFi Protocols
The third quarter of 2023 delivered a sobering reminder of the vulnerabilities still plaguing the decentralized finance ecosystem. According to […]
Security
Bitcoin ATM Operator Sentenced to 8 Years for $10 Million Money Laundering Scheme
A federal court in New Hampshire has sentenced Ian Freeman, a 43-year-old libertarian activist from Keene, to 96 months in
HTX Exchange Hot Wallet Drained for $7.9 Million in Private Key Leak Incident
Cryptocurrency exchange HTX, formerly known as Huobi Global, faces tough questions about its hot wallet security after an attacker exploited
Building a Multi-Layer Crypto Security Strategy in an Era of Escalating Threats
With Bitcoin hovering around $27,983 and Ethereum trading at $1,733, the cryptocurrency market has stabilized significantly from its 2022 lows,
Friend.tech SIM Swap Attacks Expose $385,000 in Ethereum Vulnerabilities
The decentralized social platform Friend.tech is facing a wave of SIM swap attacks that have drained approximately $385,000 in Ethereum
Private Key Security in 2023: Protecting Your Crypto Assets From State-Sponsored Threats
The autumn of 2023 has been a stark reminder that cryptocurrency security is not merely a technical concern but an
CoinEx Exchange Breach: How North Korean Hackers Siphoned $70 Million in September 2023
The cryptocurrency security landscape took another severe hit in September 2023 when Hong Kong-based exchange CoinEx fell victim to a
Building an Impenetrable Defense Against Cryptocurrency Investment Fraud After the Mosaic Exchange Case
The cryptocurrency market, with Bitcoin trading at approximately $26,911 and Ethereum hovering around $1,668, continues to attract both legitimate investors
Critical Remote Code Execution Flaw in Enterprise File Transfer Systems Sparks Global Patching Alert
A severe vulnerability discovered in Progress Software’s WS_FTP Server is sending shockwaves through the cybersecurity community as organizations scramble to
Social Engineering Threats in Crypto: Lessons From the MGM BlackCat Ransomware Attack
The September 2023 ransomware attack on MGM Resorts by the BlackCat (ALPHV) group and its affiliate Scattered Spider delivered a