DeFi
Lazarus Cryptocurrency Hacks Estimated To Be $3 Billion
Wajahat Raja | | BlockchainSecurity, CryptoAssets, CryptocurrencyHacks, CryptoHeists, cybercrime, Cybersecurity, Cybersecurity News, DeFi, endpointsecurity, HackerNews, LazarusGroup, northkorea, PhishingAttacks, SocialEngineering, threatactors, zerotrust
Threat actors from North Korea have been increasingly targeting the cryptocurrency sector since 2017 as a source of generating revenue. Reports have claimed that the country’s ruling elite and computer science professionals ...
Walking along the New path – Decentralized Finance (DEFI)
Decentralized financial systems have grown in recent years. But when the phenomenon gained greater transactions, cybercriminal’s motivations managed to soar even higher. A difficult- to- alter digital ledger, the blockchain keeps track ...
$3 BILLION in DeFi Hacks in 2022—So Far
Richi Jennings | | And Nothing of Value was Lost, Bitcoin, Crypto, cryptocurrencies, DeFi, Earning.Farm, Etherium, Ponzi scheme, SB Blogwatch, smart contracts
And nothing of value was lost. Again ...
Security Boulevard
FAIL: Nomad DeFi Bridge ‘Loses’ $190M of Worthless Tokens
Richi Jennings | | API exploit, blockchain, Crypto, cryptocurrencies, cryptocurrency, cryptocurrency exchange, DeFi, Ethereum, imaginary money, Moonbeam, Nomad, One step closer to ridding the world of web3 nonsense, Ponzi scheme, SB Blogwatch, smart contracts, Web3
Cryptocurrency startup Nomad claimed its “optimistic bridging” protocol would “would keep users’ funds safe.” We take a closer look ...
Security Boulevard
A HyFi Approach Should be the Answer to DeFi Security
I will be the first to admit to my prior skepticism with regards to cryptocurrencies and other sorts of decentralized finance (DeFi). Having spent most of my career immersed in securing centralized ...
Security Boulevard
Cashio Stablecoin: Not Stable—CASH Loses 99.99995%
Richi Jennings | | CASH, Cashio, Crypto, Cryptocrurrency, DeFi, imaginary money, One energy wasting cryptocurrency down—zillions to go, SB Blogwatch
A hacker drove a stablecoin into the ground yesterday. Cashio, a USD-backed coin is now all-but worthless ...
Security Boulevard
Cybersecurity Considerations for Web3
We’ve begun a major shift in how the internet is structured. Our current Web2, defined by a read/write architecture that, until recently was dominated by a handful of massive technology companies, is ...
Security Boulevard
Fake Cash Scams Thrive on Facebook and Insta—FTC
Richi Jennings | | and Tether, bitcoin scam, Crypto, cryptocurrency, DeFi, DevSecOps, Etherium, facebook, Facebook scam, imaginary money, Instagram, Mark Zuckerberg, Meta, nft, SB Blogwatch, What props up this house of cards is the success of Bitcoin
Cryptocurrency scammers love social media—especially Meta’s platforms. Hundreds of millions of dollars were scammed from U.S. consumers in 2021 ...
Security Boulevard
Crypto.com: Fortune Favors the Hacker—$16M ‘Stolen’
Richi Jennings | | Crypto, cryptocurrencies, cryptocurrency, cryptocurrency exchange, DeFi, Ethereum, imaginary money, it’s not creating any new value in the way that regular economic activities do, SB Blogwatch
DeFi exchange Crypto.com got hacked yesterday, sources say. Users reported imaginary money missing from their accounts—as researchers watched it get laundered ...
Security Boulevard
Web3 and the Decentralized Internet
Tom Eston | | Crypto, cryptocurrency, Cybersecurity, Decentraized Internet, DeFi, Digital Privacy, Episodes, Infosec, Internet, Monthly Edition, nft, Podcast, Privacy, security, Web1, Web2, Web3
In our last monthly show of the year we discuss Web3. What is it and what will it mean to have a decentralized Internet. If you’ve wanted to know what Web3, DeFI, ...