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Cybersecurity Round-Up to Record-Break DDoS Attack and AI’s Growing Threat
In a month rife with cybersecurity developments, the world witnessed the largest-ever DDoS attack, a UK report warning about the potential risks of AI, and various other significant stories. Here’s a…
Lazarus used ‘KANDYKORN’ malware in attempt to compromise exchange —Elastic
Lazarus Group used a new form of malware in an attempt to compromise a crypto exchange, according to an October 31 report from Elastic Security Labs. Elastic has named the new malware “KANDYKORN” and…
Taiwan Police Conducted a Black Money Operation worth 324 Million USDT!
Taiwan's law enforcement authorities have dismantled what appears to be the largest crypto-related money laundering ring in the country. A staggering amount of 324.2 million USDT was seized in the…
Breaking: Some Multichain transactions are confirmed as queue unwinds
Hacked cross-chain protocol Multichain has confirmed some transactions, and its backlog of queued transactions has declined to only a single transaction, according to data from Multichain's explorer…
Police track $200K bitcoin robbery in Scottish first
In what was a first for Scottish law enforcement, a man has been found guilty of receiving bitcoin worth hundreds of thousands of dollars after it was forcibly transferred to an account linked to him…
FCA Issues Warning against Saxo Bank Impersonators
The UK Financial Conduct Authority (FCA) has raised a red flag against fraudulent entities mimicking multi-asset investment firm Saxo Bank. These imposters, often referred to as "clone firms," are…
Onyx Protocol exploiter begins siphoning $2.1M loot on Tornado Cash
Decentralized peer-to-peer lending protocol Onyx Protocol lost roughly $2.1 million in an exploit of a market with no liquidity that was deployed on Oct. 27. The Onyx Protocol hacker exploited a…
Jack Mallers’ Strike denied an email breach that definitely happened
On Tuesday, Jack Mallers’ Bitcoin-focused payments app Strike responded to a media inquiry about a customer database breach, saying, “There’s no evidence that Strike was breached.” However, within…
Tangem Unveils Tangem Ring Hardware Wallet
Key takeaways Tangem is launching an innovative products at the Cardano Summit 2023, Tangem Ring is the world’s first jewelry crypto wallet. Attendees of the summit will have a chance to get a free…
Frax Finance Says its Domain Name Has Been Hijacked
Decentralized cross-chain protocol Frax Finance's domain was hijacked early Wednesday, and while the site currently points to the correct nameserver and loads the real Frax user interface, it can't…