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The attackers prepared infrastructure and multiple nonce-based transactions, took over an admin key, and drained five vaults.
The post North Korean Hackers Drain $285 Million From Drift in 10 Seconds appeared first on SecurityWeek.
Wired writes (alternate source):
Security researchers at Google on Tuesday released a report describing what they’re calling “Coruna,” a highly sophisticated iPhone hacking toolkit that includes five complete hacking techniques capable of bypassing all the defenses of an iPhone to silently install malware on a device when it visits a website containing the exploitation code. In total, Coruna takes advantage of 23 distinct vulnerabilities in iOS, a rare collection of hacking components that suggests it was created by a well-resourced, likely state-sponsored group of hackers…
Google researchers have shown that breaking the encryption of Bitcoin and Ethereum requires 20x fewer qubits.
The post Google Slashes Quantum Resource Requirements for Breaking Cryptocurrency Encryption appeared first on SecurityWeek.
The Indian cryptocurrency sector is currently facing a significant legal and cybersecurity controversy following the recent arrest of prominent CoinDCX executives. Local law enforcement from Mumbra police in Thane apprehended co-founders Sumit Gupta an…
An expensive mistake:
Someone jumped at the opportunity to steal $4.4 million in crypto assets after South Korea’s National Tax Service exposed publicly the mnemonic recovery phrase of a seized cryptocurrency wallet.
The funds were stored in a Ledger cold wallet seized in law enforcement raids at 124 high-value tax evaders that resulted in confiscating digital assets worth 8.1 billion won (currently approximately $5.6 million).
When announcing the success of the operation, the agency released photos of a Ledger device, a popular hardware wallet for crypto storage and management…
In a major law enforcement operation, authorities have arrested a U.S. government contractor accused of executing a massive cryptocurrency theft. John Daghita allegedly stole over $46 million in digital assets from the United States Marshals Service (U…
President Donald Trump had a searing response Tuesday to the banking industry, saying that banks were trying to “undermine” controversial legislation he has touted. Trump has pushed the Guiding and Establishing National Innovation for U.S. Stablecoins…
This is new. North Korean hackers are posing as company recruiters, enticing job candidates to participate in coding challenges. When they run the code they are supposed to work on, it installs malware on their system.
News article.
MiCA creates a single EU crypto rulebook, replacing national regimes with unified licensing, capital, and compliance rules for all CASPs.
A system error at Bithumb sent 620,000 Bitcoin worth about $40B to hundreds of users during a promotion, briefly disrupting prices and drawing scrutiny.