Tag Archives: cryptocurrency

How $323M in crypto was stolen from a blockchain bridge called Wormhole

Getty Images reader comments 91 with 54 posters participating, including story author Share this story This is a story about how a simple software bug allowed the fourth-biggest cryptocurrency theft ever. Hackers stole more than $323 million in cryptocurrency by exploiting a vulnerability in Wormhole, a Web-based service that allows inter-blockchain transactions. Wormhole lets people move… Read More: How $323M in crypto was stolen from a blockchain bridge… »

North Korean hackers stole nearly $400 million in crypto last year

reader comments 35 with 28 posters participating Share this story The past year saw a breathtaking rise in the value of cryptocurrencies like Bitcoin and Ethereum, with Bitcoin gaining 60 percent in value in 2021 and Ethereum spiking 80 percent. So perhaps it’s no surprise that the relentless North Korean hackers who feed off that… Read More: North Korean hackers stole nearly $400 million in crypto last… »

Really stupid “smart contract” bug let hackers steal $31 million in digital coin

reader comments 80 with 60 posters participating, including story author Share this story Blockchain startup MonoX Finance said on Wednesday that a hacker stole $31 million by exploiting a bug in software the service uses to draft smart contracts. The company uses a decentralized finance protocol known as MonoX that lets users trade digital currency… Read More: Really stupid “smart contract” bug let hackers steal $31 million… »

More than 100,000 people have had their eyes scanned for free cryptocurrency

Enlarge / People in Chile with Worldcoin’s “Orb” iris scanner. reader comments 127 with 78 posters participating, including story author Share this story More than 100,000 people have had their eyes scanned in return for a cryptocurrency called Worldcoin, as a project to distribute digital money more widely around the world accelerates. Worldcoin has distributed… Read More: More than 100,000 people have had their eyes scanned for… »

Cryptocurrency launchpad hit by $3 million supply chain attack

reader comments 37 with 25 posters participating, including story author Share this story SushiSwap’s chief technology officer says the company’s MISO platform has been hit by a software supply chain attack. SushiSwap is a community-driven decentralized finance (DeFi) platform that lets users swap, earn, lend, borrow, and leverage cryptocurrency assets all from one place. Launched earlier this year,… Read More: Cryptocurrency launchpad hit by $3 million supply chain attack »

Coinbase erroneously reported 2FA changes to 125,000 customers

Enlarge / On Friday afternoon, Coinbase sent email and SMS text messages to 125,000 customers, erroneously telling them that their 2FA settings had been changed. reader comments 42 with 34 posters participating, including story author Share this story Cryptocurrency exchange Coinbase sent an automated message to a large number of its customers on Friday, saying… Read More: Coinbase erroneously reported 2FA changes to 125,000 customers »

Hackers siphon $600 million in digital tokens, crypto network says

reader comments 39 with 36 posters participating Share this story A decentralized financial network has claimed hackers absconded with about $600 million worth of cryptocurrencies in one of the largest heists to target the growing digital asset industry. Poly Network, which links some of the world’s most widely used digital ledgers, said on Tuesday that… Read More: Hackers siphon $600 million in digital tokens, crypto network says »

Monero emerges as crypto of choice for cybercriminals

53 Studios | Getty Images reader comments 67 with 44 posters participating Share this story For cybercriminals looking to launder illicit gains, bitcoin has long been the payment method of choice. But another cryptocurrency is coming to the fore, promising to help make dirty money disappear without a trace. While bitcoin leaves a visible trail… Read More: Monero emerges as crypto of choice for cybercriminals »

Venmo’s new crypto service lets you buy and sell bitcoin, ether, and litecoin

Enlarge / Promotional image of Crypto on Venmo. reader comments 16 with 14 posters participating Share this story The PayPal-owned Venmo service will let users buy, sell, and hold bitcoin and other cryptocurrencies within the Venmo app, the company announced today. “Customers will have the ability to buy and sell cryptocurrency using funds from their balance… Read More: Venmo’s new crypto service lets you buy and sell bitcoin,… »