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Bitcoin
How to identify and protect against routing attacks in the Lightning Network
Payment channels in the Lightning Network enable users to conduct transactions without having to log each one on the Bitcoin blockchain, which lessens congestion and costs. However, like any network,…
Stolen 113 ETH Traced: Transferred From CoinEx ARB To Ethereum And CEX
According to PeckShield monitoring, the perpetrator, operating under the alias “Drainer” on the cryptocurrency exchange CoinEx ARB, carried out the illicit transfer of approximately 113 ETH. The…
Price Rounding Down Bug Blamed for Balancer Exploit in BlockSec Report
Over the previous two weeks, Balancer and Beethoven X were attacked, resulting in $2.1 million in damages. The vulnerability and its exploitation have been ignored by the victim platforms despite the…
Matrimony Swindler: Indian Engineer Loses Over $120,000 in Crypto Romance Scam
In another crypto scam by a romantic partner, an Indian software engineer reportedly lost over $120,500. Local reports note that Kuldeep Patel, a Ahmedabad resident, recently contacted the cybercrime…
CoinEx Rebuilt The Wallet System After The $54 Million Hack
The breach, which occurred on September 12, 2023, involved anomalous withdrawals from hot wallet addresses storing various cryptocurrencies like BTC, ETH, XRP, BCH, and SOL. The preliminary…
What is a Rug Pull: Types, How to Avoid Them
The exciting environment of cryptocurrency offers profitable opportunities, but it also hides hidden hazards. Among these threats, the frightening tendency of "rug pulls" has emerged, causing crypto…
Phishing Attack on Cloud Provider With Fortune 500 Clients Led to $15M Crypto Theft From Fortress…
When Fortress Trust disclosed a theft of customers’ cryptocurrency last week – later revealed to total close to $15 million – it pinned the blame on an unnamed third-party vendor. CoinDesk has…
BabyDoge Holders Face $2-3M in Loss Due to CoinEx Hack: Report
CoinEx Hack Fallout In the aftermath of the CoinEx hack, BabyDoge holders are confronted with a potential loss ranging from $2 to $3 million as stolen tokens flood PancakeSwap. Due to the Coinex…
CoinEx Users to Be Fully Compensated After Hot Wallets Compromised
CoinEx finds itself in choppy waters, grappling with a security foul-up that has the crypto community on its feet. When Cyvers Alerts blew the whistle on some sketchy withdrawals from the exchange's…
SIM swap scams: growing threat to crypto community
In the crypto sphere, SIM swap scams are on the rise, leading to significant losses. Uncover the concerning trend and take steps to protect your assets. On Sept. 9, scammers took over the social media…