Following a $220 million hack on the Cetus DEX, Sui validators froze $162 million in stolen funds. Explore the details of the Cetus exploit, the recovery efforts, and the implications for decentralization on the Sui network.
Tag: Cybersecurity
Fake Ledger Live App Steals Crypto: How to Protect Your Seed Phrase
Cybercriminals are targeting Ledger users with fake Ledger Live apps that steal seed phrases, leading to drained crypto wallets. Learn how to identify and avoid these scams.
Coinbase Data Breach: 70,000 Users Affected, Delayed Discovery, and Legal Fallout
A significant Coinbase data breach impacted nearly 70,000 users, going unnoticed for six months. This incident has triggered lawsuits and raised concerns about data security within the cryptocurrency industry. Here’s a breakdown of what happened, the consequences, and the broader implications.
AI-Powered Tool Achieves 97% Accuracy in Preventing Crypto Address Poisoning Attacks
Trugard and Webacy have launched an AI-driven system that boasts a 97% success rate in detecting and preventing crypto wallet address poisoning attacks. This innovative tool utilizes machine learning and on-chain analytics to protect users from this increasingly common and costly scam.
Strive Aims for 75,000 Bitcoin from Mt. Gox Claims to Bolster Bitcoin Treasury: An In-Depth Analysis
Strive is targeting distressed Mt. Gox Bitcoin claims to acquire 75,000 BTC and build a substantial Bitcoin treasury ahead of its reverse merger with Asset Entities. This move reflects a growing trend of companies holding Bitcoin as a strategic asset.