Bitcoin and Cybersecurity: Protecting Digital Assets in a Decentralized World
One of the many advancements in the financial system is the adoption of Bitcoin, which has shifted the…
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One of the many advancements in the financial system is the adoption of Bitcoin, which has shifted the…
In this online training course, learn about NFTs, blockchain, decentralized apps, and more.
FOUR bombshell clues in the hunt for elusive Bitcoin founder Satoshi Nakomoto have been revealed – and he could be British.
Satoshi has been able to keep his real identity u…
U.S. authorities announced the seizure of $31 million tied to the 2021 Uranium Finance decentralized finance (DeFi) exploits. The coordinated effort between the U.S. Attorney’s Office for the Southern District of New York (SDNY) and Homeland Security I…
The US government has seized roughly $31 million in cryptocurrency stolen in 2021 from Uranium Finance.
The post US Seizes $31 Million Worth of Crypto Stolen in Uranium Finance Hack appeared first on SecurityWeek.
The FBI has attributed the Bybit hack to a North Korean group named TraderTraitor as more technical details of the attack have come to light.
The post FBI Says North Korea Hacked Bybit as Details of $1.5B Heist Emerge appeared first on SecurityWeek.
Cybersecurity threats in crypto are rising, from the Bybit hack to fake wallets stealing funds. Learn how to…
It looks like a very sophisticated attack against the Dubai-based exchange Bybit:
Bybit officials disclosed the theft of more than 400,000 ethereum and staked ethereum coins just hours after it occurred. The notification said the digital loot had been stored in a “Multisig Cold Wallet” when, somehow, it was transferred to one of the exchange’s hot wallets. From there, the cryptocurrency was transferred out of Bybit altogether and into wallets controlled by the unknown attackers.
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…a subsequent investigation by Safe found no signs of unauthorized access to its infrastructure, no compromises of other Safe wallets, and no obvious vulnerabilities in the Safe codebase. As investigators continued to dig in, they finally settled on the true cause. Bybit ultimately said that the fraudulent transaction was “manipulated by a sophisticated attack that altered the smart contract logic and masked the signing interface, enabling the attacker to gain control of the ETH Cold Wallet.”…
The FBI referred to the attack as “TraderTraitor,” a malicious campaign linked to North Korean state-sponsored hackers the Lazarus Group.
Crypto wallets are essential in keeping your cryptocurrency safe. There are different types of wallets available and choosing…