Hackers steal 234 ETH in 24 hrs: Friend.Tech targeted.
An alarming security breach occured at “Friend.Tech” this week, resulting in the loss of 234 ETH over the course of less than 24 hours. As of yet, the perpetrator has not yet been identified.
Cybersecurity
GMX Paid A Hefty Prize Because Of This Flaw
The tech giant GMX was hit with a large financial penalty due to an exposed security flaw that left hundreds of accounts vulnerable to malicious hackers. GMX took immediate action to rectify the issue and protect its customers, but the hefty price has now been paid.
Tech giants join forces to secure data: IBM, Microsoft, others form post-quantum coalition.
IBM, Microsoft and several other major tech companies have joined forces to form the Cross-Industry Working Group on Post-Quantum Cryptography, an initiative dedicated to developing standards for quantum-proof cryptography.
$200M Mixin Network hack draws controversy
On June 25th, the Mixin Network experienced a major security breach resulting in the theft of over $200M worth of cryptocurrency. The incident has sparked debate and criticism amongst the crypto community regarding the safety of digital assets.
. Secure your accounts: use strong passwords, two-factor authentication.
When billionaire tech mogul Mark Cuban was hacked in 2017, he learned a valuable lesson: security matters. Now he’s teaching others about the risks of online crime and how to avoid becoming the next victim.
Quantstamp CEO: Why “Audited By” for Crypto Security in 2023 isn’t enough. Interview inside.
Quantstamp’s CEO Richard Ma believes the “audited by” model for crypto security in 2023 will not be sufficient. Ma shares his thoughts in a revealing interview about the future of crypto security.
CoinEx hack – compromised private keys led to $70M theft
In one of the largest cryptocurrencies exchanges hacks to date, CoinEx has had $70 million worth of Bitcoin stolen due to compromised private keys. Investors are left with significant losses, while the perpetrators remain unknown.
Mark Cuban’s $870K MetaMask hack confirmed: Report.
Multi-billionaire investor Mark Cuban has confirmed reports that an unauthorized transaction of $870,000 from his MetaMask crypto wallet had resulted in a loss. Sources suggest Cuban was the victim of a crypto scam.
FBI: North Korea Behind Crypto Hack of Betting Platform.
The Federal Bureau of Investigation has reported their findings claiming North Korea’s involvement in a crypto hack on a betting platform which depleted more than $1.5M in a single transaction. North Korea has publicly denied any involvement in the incident.
. Binance to reimburse users $1M for Cyber Earn incident. Act now!
Binance, a major cryptocurrency exchange, has announced that it will reimburse its users up to $1M for losses caused by a vulnerability in its “Cyber Earn” service. The service has since been discontinued.