UwU Lend faces second hack during $20M reimbursement process

The UwU exploiter strikes again and steals $3.5 million from the lend protocol as it begins reimbursing hack victims.

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UwU Lend hit by $20M crypto hack

The ongoing exploit has already netted the attacker nearly $20 million in digital assets.

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Crypto trader loses $70.5 million in address poisoning scam, highest recorded yet

Blockchain security firm Cyvers Alert reported that an unnamed crypto trader lost 1,155 Wrapped Bitcoin (WBTC), equivalent to $70.5 million worth, to address poisoning. The firm said: “Are we mistaken, or has someone truly lost $68 million worth of WBTC? Our system has detected another address falling victim to address poisoning, losing 1,155 WBTC.” Meir […]

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Crypto phishing scams to rise during holiday shopping season Cyvers

Losses to crypto phishing scams fell 53% in November, but the Christmas holiday shopping season presents new opportunities for hackers.

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Rising crypto scams lead to $2.3 billion in total losses in 2024

Cybersecurity company Kaspersky revealed that malicious actors have devised a new scam involving seed phrases to target unsuspecting crypto users, according to a Dec. 23 blog post. This sophisticated scheme preys on individuals’ curiosity and dishonesty, leading to financial losses for unsuspecting victims. How the scam works Seed phrases, crucial for recovering access to crypto […]

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Cyvers launches institutional crypto security tool for $4B vulnerability

Cyvers and Station70s solution uses an AI-powered real-time threat detection system to protect institutional-grade crypto transfers, aiming to bolster mass adoption.

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