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Man Pleads Guilty to Hacking Official SEC X Account and Falsely Claiming Regulator Had Approved Bitcoin ETFs

Man Pleads Guilty to Hacking Official SEC X Account and Falsely Claiming Regulator Had Approved Bitcoin ETFs

An Alabama man has pled guilty to hacking the U.S. Securities and Exchange Commission’s (SEC) X account last year and faces up to five years in prison. In January 2024, Eric Council Jr., 25, conspired with others to commandeer the SEC’s X account and prematurely announce the approval of spot Bitcoin (BTC) exchange-traded funds (ETF) […]

The post Man Pleads Guilty to Hacking Official SEC X Account and Falsely Claiming Regulator Had Approved Bitcoin ETFs appeared first on The Daily Hodl.

Liquity Protocol urges users to exit ‘Earn’ Stability Pool over undisclosed issue

Tens of Millions of American School Children’s Data Exposed in Largest Breach of Their Personal Info to Date: Report

Tens of Millions of American School Children’s Data Exposed in Largest Breach of Their Personal Info to Date: Report

Millions of US schoolkids have fallen victim to a massive data breach after a company that tracks their personal information reportedly failed to take basic precautions. An investigation from cybersecurity firm CrowdStrike determined that PowerSchool – which operates a widely-used Student Information System (SIS) – was breached in what is likely the biggest hack against American […]

The post Tens of Millions of American School Children’s Data Exposed in Largest Breach of Their Personal Info to Date: Report appeared first on The Daily Hodl.

Liquity Protocol urges users to exit ‘Earn’ Stability Pool over undisclosed issue

Billion-Dollar Bank Allegedly Loses $15,500,000 To Criminals in ‘Shocking’ Display of Incompetence and Negligence: Report

Billion-Dollar Bank Allegedly Loses ,500,000 To Criminals in ‘Shocking’ Display of Incompetence and Negligence: Report

A New York-based bank is reportedly facing a new lawsuit after thieves allegedly looted $15.5 million from an account that belonged to a public utility firm. Garden City Park Water and Fire is suing First National Bank of Long Island for gross negligence amid allegations that the lender acted with “reckless disregard” and without the “exercise […]

The post Billion-Dollar Bank Allegedly Loses $15,500,000 To Criminals in ‘Shocking’ Display of Incompetence and Negligence: Report appeared first on The Daily Hodl.

Liquity Protocol urges users to exit ‘Earn’ Stability Pool over undisclosed issue

Scammer Drains $109,000 From 91-Year-Old’s Bank Account As Fraud Targeting Elderly Runs Rampant

Scammer Drains 9,000 From 91-Year-Old’s Bank Account As Fraud Targeting Elderly Runs Rampant

The elderly are being disproportionately targeted by scammers and con artists while facing little to no protection. 91-year-old Loris Sinanian from Blairsville, Georgia has reportedly lost over six figures after being conned by someone posing as an old friend who wanted to repay a $100 debt, Atlanta News First reports. After establishing contact with Sinanian, […]

The post Scammer Drains $109,000 From 91-Year-Old’s Bank Account As Fraud Targeting Elderly Runs Rampant appeared first on The Daily Hodl.

Liquity Protocol urges users to exit ‘Earn’ Stability Pool over undisclosed issue

$9,317,156,860 Worth of Seized Bitcoin To Be Returned to Bitfinex, Says US Government in New Court Order

,317,156,860 Worth of Seized Bitcoin To Be Returned to Bitfinex, Says US Government in New Court Order

The Bitcoin (BTC) that was stolen from crypto exchange Bitfinex in 2016 and subsequently seized by the US government in 2023 should be returned in-kind, according to a new court order. In a January 14th filing with the U.S. District for the District of Columbia, the government says that the BTC currently held in its […]

The post $9,317,156,860 Worth of Seized Bitcoin To Be Returned to Bitfinex, Says US Government in New Court Order appeared first on The Daily Hodl.

Liquity Protocol urges users to exit ‘Earn’ Stability Pool over undisclosed issue

Losses From Crypto Hacks and Scams Soar in 2024, Exceeding $3,010,000,000: Blockchain Security Firm

Losses From Crypto Hacks and Scams Soar in 2024, Exceeding ,010,000,000: Blockchain Security Firm

Losses from crypto hacks and scams surged in 2024, according to the blockchain security firm PeckShield. The firm says the total value loss in the crypto sector last year exceeded $3.01 billion, a 15% increase from the 2023 total. That number includes $2.15 billion stolen in hacks and $834.5 million purloined via scams. PeckShield also […]

The post Losses From Crypto Hacks and Scams Soar in 2024, Exceeding $3,010,000,000: Blockchain Security Firm appeared first on The Daily Hodl.

Liquity Protocol urges users to exit ‘Earn’ Stability Pool over undisclosed issue

CFPB proposes crypto firms refund users for funds lost to hacks

A proposed CFPB rule could allow crypto users to have protections similar to those of US bank account holders by considering the definition of “funds.”

The US Consumer Financial Protection Bureau (CFPB) has proposed a rule that could require crypto asset service providers to reimburse users for funds stolen through illicit activities, including hacks.

In a Jan. 10 notice, the CFPB proposed a rule that could allow accounts or wallets using “emerging payment mechanisms” set up for personal use to be subject to similar protections as fiat bank accounts.

The US regulator suggested that the same rights that “guard against error and fraud” under the Electronic Fund Transfer Act (EFTA) could protect consumers transacting in stablecoins or “any other similarly-situated fungible assets that either operate as a medium of exchange or as a means of paying for goods or services.”

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Liquity Protocol urges users to exit ‘Earn’ Stability Pool over undisclosed issue

Fake OKX plugins found on the Firefox browser store

According to cybersecurity firm CertiK, the number of crypto hacks and exploits rose to 303 incidents in 2024, up from 282 in 2023.

Crypto exchange OKX has warned users of fraudulent OKX browser extension that have appeared on the Firefox browser plugin store. Extensions integrate third-party functionality within a web browser interface.

According to OKX, the company has not released any Firefox browser plugins and has advised users who mistakenly downloaded the plugin to transfer any funds in wallets connected to the fraudulent extension.

OKX contacted Firefox to remove the applications and reminded users never to download OKX-specific software from third parties.

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Liquity Protocol urges users to exit ‘Earn’ Stability Pool over undisclosed issue

Virtuals Protocol Discord server hacked, fake Google links posted

The security incidents occurred days after a researcher discovered a critical bug in a Virtuals Protocol audited contract, which was fixed.

AI agent platform Virtuals Protocol suffered a hack to its Discord server on Jan. 8, and several fraudulent links purporting to be the Virtuals Protocol website were posted on Google Search.

According to the Virtuals team, one of the Discord group’s moderators was the victim of a private key breach that compromised the messaging server. The breach has since been resolved.

Cybersecurity firm Scam Sniffer also detected three malicious links advertised on the Google Search page impersonating the Virtuals Protocol website in a separate incident.

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Liquity Protocol urges users to exit ‘Earn’ Stability Pool over undisclosed issue

US Treasury Confirms ‘Major Cybersecurity Incident’ As Chinese State-Sponsored Hackers Accused of Infiltrating Third-Party System

US Treasury Confirms ‘Major Cybersecurity Incident’ As Chinese State-Sponsored Hackers Accused of Infiltrating Third-Party System

The US Treasury Department says a post-mortem of a recent data breach shows state-sponsored Chinese hackers are behind the attack. In a letter to the Senate Banking Committee, Assistant Secretary for Management Aditi Hardikar says the Treasury Department suffered a “major cybersecurity incident” after receiving a notice from third-party software service provider BeyondTrust on December […]

The post US Treasury Confirms ‘Major Cybersecurity Incident’ As Chinese State-Sponsored Hackers Accused of Infiltrating Third-Party System appeared first on The Daily Hodl.

Liquity Protocol urges users to exit ‘Earn’ Stability Pool over undisclosed issue