Tag: Blockchain Vulnerabilities

August 2024’s Crypto Crisis: A Deep Dive into the Hacks Rocking the Digital Asset World

Over 10 assaults cost $313 million in August, highlighting weaknesses and the need for better protection. Crypto hacks costs over 93.5% of money ($293.4 million), emphasizing the need for user education and awareness. Phishing on major cryptocurrencies, the Ronin Network breach, and Nexera's smart contract vulnerability demonstrate hacker techniques and the need for solid security. The digital asset landscape is in turmoil, rocked by a surge in crypto hacks that have...

Rising Crypto Thefts: $1.38 Billion Lost in First Half 2024

TRM Labs data showed hackers looted crypto valued at $1.38 billion between Jan. 1 and June 24, more than double the $657 million...

Cryptocurrency Scandal in Myanmar: Tether’s Connection to a $100 Million Fraud

A company operating from Myanmar stands implicated in a large-scale fraudulent scheme. Authorities tracked ransom payments made in Tether tokens to a facility...