The notorious hacker behind the massive $10.934 billion exploit of crypto exchange Bitfinex is being sentenced to five years in prison. According to a new press release by the U.S. Department of Justice (DOJ), Ilya Lichtenstein – who hacked Bitfinex in 2016 and fraudulently sent 119,754 Bitcoin (BTC) to a wallet under his control – […]
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Malware disguised as a Python-based trading bot has reportedly targeted crypto traders in a multi-vector supply chain attack. According to a new blog post by cloud-based cybersecurity firm Checkmarx, crypto enthusiasts have been targeted by advanced malware cloaked as a suite of artificial intelligence (AI)-based crypto trading tools that aim to steal sensitive data and […]
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A US-based crypto payments firm says tens of thousands of users are exposed after a hacker gained access to an employee’s laptop. The fiat-to-crypto payment provider Transak says the security incident has affected 92,554 of its users. According to Transak, the attacker obtained unauthorized access through a “sophisticated phishing attack.” With the employee’s credentials, the […]
The post 92,554 Users Exposed As Crypto Payments Firm Reveals Attacker Accessed Names, Birth Dates, Passports, Drivers Licenses and More appeared first on The Daily Hodl.
Nearly all of the stolen loot from Radiant Capital has been moved to the Ethereum network, which usually isn't a good sign for those hoping for recovery.
The hacker behind the recent theft from decentralized finance (DeFi) protocol Radiant Capital has moved almost all of the stolen funds from layer-2 protocols to Ethereum in a possible move toward obscuring its location.
On Oct. 24, blockchain security firm PeckShield reported that addresses linked to the Radiant Capital exploiter have bridged “nearly all” of the ill-gotten crypto from the exploit from layer-2 network Arbitrum and the Binance BNB Chain to the Ethereum network.
The total amount moved was about 20,500 Ether (ETH) worth around $52 million, PeckShield noted.
Bitcoin’s private keys won’t be breached any time soon. But the industry still needs to transition to a “post-quantum cryptography.”
A report that Chinese researchers have employed a D-Wave quantum computer to breach encryption algorithms used to secure bank accounts, top-secret military data and crypto wallets is at first glance a matter for deep concern.
“This is the first time that a real quantum computer has posed a real and substantial threat to multiple full-scale SPN [Substitution-Permutation Network] structured algorithms in use today,” wrote Shanghai University scientists in a peer-reviewed paper, according to the South China Morning Post (SCMP) on Oct. 11.
The paper talks about breaking RSA (Rivest-Shamir-Adleman) encryption, one of the oldest and widely used public-key cryptosystems.
Wells Fargo is facing a new class action lawsuit over the bank’s alleged failure to properly secure customers’ personally identifiable information. The lawsuit, filed by lead plaintiff Tamra Bacon, alleges Wells Fargo has suffered a “preventable hack” that has exposed thousands of customers’ data. Wells Fargo confirmed a breach last month, stating an insider at […]
The post Wells Fargo Customers’ Data Exposed, Used for Fraud in ‘Preventable Hack’, Alleges New Class Action Lawsuit appeared first on The Daily Hodl.
Attackers of Radiant Capital compromised the devices of at least three core developers through a malware injection, the company confirmed.
Radiant Capital has disclosed a post-mortem for the Oct. 16 attack that resulted in the theft of over $50 million in digital assets from the BNB Chain and Arbitrum networks. According to Radiant, the attacker compromised the devices of three of its long-standing developers.
Hackers were able to compromise the devices through a “sophisticated malware injection” used to sign malicious transactions.
“The devices were compromised in such a way that the front-end of Safe{Wallet} (f.k.a. Gnosis Safe) displayed legitimate transaction data while malicious transactions were signed and executed in the background,” the Radiant team explained in a blog post.
Heather Morgan, known by her rap persona “Razzlekhan,” could land an 18-month prison sentence after pleading guilty to laundering cryptocurrency linked to the 2016 Bitfinex hack. Prosecutors described her role as pivotal in obscuring stolen bitcoin through complex schemes, despite not being part of the original theft. Her cooperation, and the influence of her husband, […]
A US financial giant says thousands of customers have had their personal information exposed in a mysterious data breach. A new filing with the Office of the Maine Attorney General shows the trillion-dollar asset manager Fidelity is sending notices to 77,099 people, alerting them to a breach that happened back in August. Fidelity says someone […]
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The attacker used a “proxy” function to swipe victims’ USDC balances, but only a small number of Google login users have been affected.
Some users of the Polymarket prediction market app are complaining that their wallets were mysteriously drained after they logged in via their Google accounts.
After making deposits, users found that their wallets were wiped out, leaving a balance of zero. The attacks have not occurred against users that relied on wallet browser extensions such as MetaMask or Trustwallet.
Cointelegraph spoke to two victims of the attacks. The first victim identified himself by the Discord username, “HHeego,” and claimed to be the owner of a Polymarket account whose address ends in C3d4.
