PeckShield recently tweeted that a project named DataDao has a backdoor to steal user funds with approvals. They also added and asked users to stay away from it. DataDao project portrays itself as a data marketplace platform. It’s the recent project to jump on the long list of continuing scams. Users were warned of the […]
Cyber Security
NFT marketplace LooksRare site restored after a brief DDoS attack
Newly launched Nft marketplace LooksRare suffered a distributed denial of service or DDoS attack briefly in the late hours of Jan 29, 2022. Following this, the backend team responded in a short time, and within the minutes, the website was restored back again with users applauding the quick response. Some even threw a jibe at […]
OpenSea Returns Users $1.8M in return for the bug that sold NFTs at low prices
In a recent listing bug on OpenSea, attackers stole at least $1.3 million worth of different NFTs. As per the reports by Elliptic, at least five attackers used this vulnerability to acquire at least twelve NFTs for far less than their market worth. One of the exploiters goes by the username of “jpegdegenlove”. The compromised […]
Hacker exploits Qubit Finance and steals $80 million
The latest victim to the hacking spree is Qubit Finance. Qubit is a decentralized money market platform. In a recent tweet, the announcement was made public confirming the hack: Qubit added in the tweet that the hacker, borrowed on BSC, minted unlimited xETH. The team is currently working with security and network partners on the […]
How an engineer hacked a Trezor wallet and recovered $2M in crypto
Joe Grand, an electrical engineer, recently tweeted about how he hacked a Trezor wallet and recovered $2M. After forgetting his wallet passcode and seed phrase, he helped the owner retrieve cryptocurrency worth over $2 million. Grand is an electrical engineer who has been hacking devices since he was ten years old. He was a member of the […]
Biggest Crypto Youtubers hacked in a coordinated attack labelled as ‘One World Cryptocurrency’
More than 30 channels of small and big crypto YouTubers and some Indian crypto exchanges were compromised in a coordinated attack carried out by a group of anonymous hackers. Some of these channels are: @IvanOnTech,@boxmining,@aantonop,@themooncarl,@Bitboy_Crypto, @mmcrypto, @Altcoinbuzzio, @FloydMayweather, @crypto_banter, @CoinMarketCap, and Indian exchanges including CoinDCX, WazirX, and Unocoin. The anonymous group hacked these channels, and […]
Critical Privacy Vulnerability can Jeopardize 21 million Metamask Users Data, says Researcher
Cryptographer and security analyst Alexandru Lupascu, the co-founder of OMNIA protocol, found Metamask vulnerable. During his recent research, he came across and pointed out that Metamask crypto wallet users could be in jeopardy and might lose all their digital assets. In his recent medium article, he mentioned that he spent time with this team researching […]
Cryptocurrency worth $400M sacked by N.Korean hackers
It has been reported that North Korean hackers stole nearly $400 million worth of digital assets through a minimum of seven attacks on cryptocurrency networks in 2021. The blockchain data platform, Chainalysis reported that it was one of the most prosperous years for cyber-gangsters in North Korea. As reported, these attacks were primitively aimed at […]
India: Anonymous Hacker demands $1.4 million in cryptocurrencies via mail
An Indian-based private financial firm was issued an extortion threat through email demanding $1.4 million [11.63 crores] worth of coins in cryptocurrency by an anonymous sender. Terming the case to be ‘one of the rarest’ police in its investigation revealed that the firm’s officials had received the mail on November 28, 2021. Following this, it […]
Another Crypto heist: LCX Exchange hacked for $6.8M
In the latest crypto swindle hitting the weekend, Liechtenstein-based LCX Exchange suffered a security breach in one of its hot wallets that took place in the early hours of 9 January 2022. Announcing the same via Twitter, the trading platform has detailed the exploit in a series of threads and stated that Ethereum blockchain-based assets […]