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Garantex Successor Grinex Collapses Days After Coordinated Wallet Exploit

Grinex, a sanctioned crypto exchange serving Russian businesses and individual users, said it was hit by a large-scale cyberattack that resulted in the theft of funds worth more than 1 billion rubles from its users’ wallets. The exchange described the incident as a targeted operation and claimed there were indications of involvement by foreign intelligence […]

Fake Ledger Wallet Exposed With Hidden Chip Stealing Seed Phrases and PINs

A cybersecurity researcher from Brazil exposed a large-scale scam operation after buying a “Ledger” hardware wallet from a Chinese marketplace listing that looked legitimate and was priced the same as the official store. The packaging appeared original from a distance, but the device was counterfeit. When the researcher connected it to Ledger Live installed from ledger.com, […]

Aethir Dodges Major Crisis After Containing Bridge Hack: Losses Stay Under $90K

Aethir, a decentralized GPU cloud network providing scalable computing power for AI and gaming, confirmed that it had detected and contained a malicious attack targeting its ATH bridge contracts linking Ethereum to other chains. The team behind the platform said that all compromised contracts were promptly disconnected, thereby successfully halting the exploit. It added that […]

Expert Says North Korean IT Workers Helped Build Top Protocols During DeFi Summer

Cybersecurity researcher Taylor Monahan has claimed that North Korea-linked IT workers have been operating within the decentralized finance ecosystem for years. Monahan stated that these actors have contributed to many well-known protocols during the “DeFi summer” era of 2020. According to her latest tweet, the years of blockchain development experience listed on their resumes were […]

Expert Warns of Critical, Ongoing Supply Chain Attack on Axios

According to Feross Aboukhadijeh, co-founder of security-oriented firm Socket Security, there is an active supply chain on Axios, which is one of npm’s most depended-on packages. NPM stands for Node Package Manager and is basically the world’s largest software registry, hosting more than two million packages of open-source JavaScript code. An argument can be made […]