Mango attacker arrested in Puerto Rico | Invezz

Avraham Eisenberg, who openly confirmed his exploit of cryptocurrency platform Mango Markets (MNGO/USD) in October, has been arrested. According to details in a complaint filed by United States Attorney Damian Williams at the Southern District of New York, Eisenberg was arrested on Monday in Puerto Rico. The US Department of Justice revealed the arrest on ... Read more

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Ransomware payments in cryptocurrency total to a minimum of $600M in 2021

Groups like Darkside and Conti, according to Chainalysis, raked in a lot of Bitcoin and Monero for ransomware payments. The value taken by crypto-ransomware assaults increased from 2020 to 2021, according to Chainalysis, a blockchain analytics firm—it has not yet tallied for it all. According to a first peek at the firm’s 2022 Crypto Crime Report, […]

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Beware: Phantom wallet users under siege by phishing attackers with deceptive update pop-ups

Phantom wallet users have fallen victim to a phishing attack disguised as a fake update. The attackers targeted users of the popular wallet, attempting to steal their funds through deceitful means. This incident serves as a reminder for all cryptocurrency users to stay vigilant and only download updates from trusted sources. Phantom wallet, like many [...]

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BitGo patches critical vulnerability first discovered by Fireblocks

BitGo has patched a vulnerability that threatened to expose the private keys of retail and institutional users.

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US Treasury Report Warns of Defi’s Threat to National Security, Authors Conclude Fiat Is Used in Illicit Finance More Than Crypto

The U.S. Treasury has released a 42-page report assessing the risks of decentralized finance (defi). The report states that specific nation-state adversaries, cybercriminals, ransomware attackers, thieves, and scammers are using defi to “transfer and launder their illicit proceeds.” The Treasury’s report warns that defi could threaten national security and calls for policymakers to increase oversight. [...]

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Allbridge attacker gives back $465k of stolen funds

Allbridge, the latest victim of cyber-attacks, has issued a statement to inform its fraternity about the ongoing developments via its official Twitter space. Per the statement, the multichain token bridge has received $465k worth of BNB tokens from the hacks’ perpetrators. The remaining lost amount is retained as a white hat reward by the exploiter. …

<p>The post Allbridge attacker gives back $465k of stolen funds first appeared on CCNC | Cryptocurrency Newscast.</p>

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Certik Uncovers Security Vulnerability in Worldcoin’s Verification Process

On May 29, 2023, Certik, a blockchain and smart contract auditing firm, reported a critical security vulnerability within Worldcoin’s verification process. This flaw could have allowed attackers to bypass strict identification measures and operate an Orb, a device used to collect users’ iris information. The revelation comes amidst existing complaints regarding Worldcoin’s data collection practices [...]

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