hackers

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xToken, a beleaguered DeFi project, hacked for the second time since May

Hackers discovered a vulnerability in the smart contracts for xToken’s xSNX product over the weekend. Exposing the decentralized finance project to yet another attack. The xToken team announced on Aug. 29 that the attack had drained roughly $4.5 million from the company’s xSNX product. This allows users to gain exposure to Synthetix-based assets without having […]

T-Mobile is looking at a possible data breach affecting 100mn users

T-Mobile is looking at a possible data breach affecting 100mn users

T-Mobile, the largest wireless carrier in the United States, is investigating an alleged massive data breach. That could have affected more than 100 million customers. T-Mobile is investigating an alleged data breach claimed by the author of the post on an underground forum. According to Vice’s Motherboard. According to the report, the hacker claims to […]

Researcher: Exchanges Could Fight Hackers By Renting Mining Power

Exchanges Can Battle Hackers By Renting Mining Power: Researcher

Coin Metrics researcher Lucas Nuzzi, speaking at the virtual event Unitize. Suggested that one way for exchanges to fight against hackers is by leasing online markets mining power. 6 Ticking countdown confirmations Nuzzi conjectured that a hacked exchange could rent enough hashpower through an online marketplace to oblige the network to reorganize favorably: “So it […]

US Court Says $250 million stolen from unnamed crypto exchanges

US Court Says $250 Million Stolen from Unnamed Crypto Exchanges

Crypto exchanges and cryptocurrency companies may constantly be trying to improve their usability and security, but when there’s a weakness for hackers to exploit, they go big or go home. According to court documents released by Seamus Hughes at Program on Extremism, the United States District Court for the District of Columbia already convened a […]

bitcoin scammers

No Stopping for Bitcoin Scammers! Focus Shift to Prepaid Debit Cards

Bitcoin scammers find their way to extort money. If one way shuts for them, other ways tremendously get open for them. Despite strict regulations, the crypto scammers are now abandoning the cryptocurrency stealing and shifting their focus to prepaid debit cards. Kaspersky Lab (the cybersecurity company) releases the original findings. In its recent blog post, […]