Security

Indian Exchange Suffers M Hack—Solana Hot Wallet Compromised in Sophisticated Attack

Indian Exchange Suffers $44M Hack—Solana Hot Wallet Compromised in Sophisticated Attack

According to Cyvers, a hack was detected at the Indian centralized exchange CoinDCX, resulting in the theft of approximately $44.2 million in USDC and USDT from one of its operational wallets on Solana. Official Confirmation and Initial Exchange Response The blockchain security firm Cyvers said its system detected a hack into the Indian centralized exchange, […]

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BCH-Based Stablecoin Protocol Moria Passes Security Audit With Flying Colors

BCH-Based Stablecoin Protocol Moria Passes Security Audit With Flying Colors

Moria, a BCH-based stablecoin issuance protocol, has been successfully audited by Hashlock, a Web3 security and smart contract auditing company. The audit found the code powering the stablecoin platform was “secure, logically ordered, and constructed with clear intent.” BCH Stablecoin Issuance Protocol Moria Passes Security Audit Moria, a BCH-based stablecoin issuance protocol, has passed a

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North Korean Hacking Groups Employ New Methods to Target Web3 Companies

North Korean Hacking Groups Employ New Methods to Target Web3 Companies

North Korean hacking groups are developing new methods to target Web3 companies, including some aimed at infecting Apple systems. Additionally, the use of social engineering is becoming more prevalent in these attacks, highlighting the level of preparation involved in these operations. North Korean Hackers’ New Methods: Nim Malware and Clickfix Hackers groups from North Korea

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0 Million Hacked From Brazilian Banking System: Attackers Cashed out Using Crypto

$180 Million Hacked From Brazilian Banking System: Attackers Cashed out Using Crypto

According to local media, this may be the largest hack ever perpetrated against the Brazilian banking system. Attackers leveraged USDT and bitcoin to cash out through exchanges and crypto institutions, using instant payment systems such as Pix. Brazilian Banking System Exploited: Attackers Cash out Using Crypto The Brazilian banking system has faced what might be

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US Crypto Exchanges a ‘Blind Spot’ in North Korea Laundering Scheme

US Crypto Exchanges a ‘Blind Spot’ in North Korea Laundering Scheme

North Korean developers, operating as fake freelancers, have reportedly amassed over $16.5 million this year by infiltrating crypto and traditional tech companies, according to crypto sleuth ZachXBT. U.S. Exchanges Used to Launder Funds According to online crypto scam investigator ZachXBT, a total of $16.58 million has been paid to North Koreans hired as developers at

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H1 2025 ‘Marks a Pivotal Shift in Crypto Hacking’ – TRM Labs Report

H1 2025 ‘Marks a Pivotal Shift in Crypto Hacking’ – TRM Labs Report

“The first half of 2025 has delivered a stark reminder of the crypto ecosystem’s vulnerabilities,” according to the latest report by blockchain intelligence platform TRM Labs. It has surpassed the previous H1 crypto hacking record from 2022. To be precise, the first half of this year lost more than $2.1 billion across at least 75

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Ledger Reveals Recovery Key for Flex and Stax Wallets

Ledger Reveals Recovery Key for Flex and Stax Wallets

Major crypto wallet maker Ledger has announced that its latest product, Ledger Recovery Key, is “coming soon.” According to the press release, this is a spare key for Ledger Flex and Ledger Stax wallets. It’s designed to make recovering access to assets simple, the team says. Users will be able to create an offline spare

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MEXC Reports 200% Surge in Coordinated Fraud Attempts in Q1 2025

MEXC Reports 200% Surge in Coordinated Fraud Attempts in Q1 2025

Cryptocurrency exchange MEXC reported a significant 200% increase in coordinated fraudulent trading activity in the first quarter of 2025. Most fraudulent activity is concentrated in Asia, with India accounting for nearly 27,000 or 33% of flagged accounts. Fraudulent Activity Concentrated in Asia Cryptocurrency exchange MEXC reported a sharp, 200% increase in coordinated fraudulent trading activity

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Coinbase Partners with Irdeto to Fight Crypto-Fuelled Piracy

Coinbase Partners with Irdeto to Fight Crypto-Fuelled Piracy

Major crypto exchange Coinbase has partnered with the digital platform security team Irdeto to, as the partners state, fight against piracy and cybercrime funded by cryptocurrency. Irdeto says that the collaboration will improve its Cyber Services, especially the Payment Disruption service. The team finds and removes threat actors that utilize crypto platforms to fund illicit

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Major Crypto Firms Spending Millions on Personal Security

Major Crypto Firms Spending Millions on Personal Security

Coinbase, Circle, and Robinhood are spending millions to ensure the security of their top executives as crypto becomes mainstream and criminals begin targeting crypto millionaires. The recent wave of kidnappings in France has heightened the interest of crypto holders in personal security options. Crypto Firms Increase Personal Security Spending Amid Kidnapping Wave The cryptocurrency ecosystem

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