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, […]
The bad press facing stablecoin issuer Circle, following the $280 million exploit on the Solana trading protocol Drift, has gone up a notch after a California-based legal group filed a class action lawsuit against it, alleging it stood by while North Korea-linked hackers moved millions in stolen USDC through the firm’s own bridge, making it […]
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 […]
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 […]
A report from blockchain security firm Peckshield shows that crypto hacks rose 96% in March 2026, with scammers stealing about $52 million in major incidents. It added that a new trend called the “shadow contagion” is also spreading the effects of these attacks to other DeFi platforms, meaning that protocols that aren’t affected have to […]
Blockchain investigator ZachXBT has once again slammed Circle and its CEO, Jeremy Allaire, following alleged inaction during the $280 million exploit tied to Drift Protocol. He described the entire fiasco as a critical delay in response as funds were actively moved across chains. Circle Under Fire In a post on X, ZachXBT said the stablecoin […]
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 […]
Bo Shen, co-founder of Fenbushi Capital, has renewed efforts to recover roughly $42 million in digital assets stolen from his personal wallet in a November 2022 hack. This time, he is using a public appeal to mobilize the broader crypto community. At that time, blockchain security firm Beosin confirmed the incident and said the breach […]
The FBI has notified users on the Tron network about a fake token impersonating the agency. A post published on X by its New York field office on March 19 warned of a phishing campaign that tries to get people to give up their personal information and access to their wallets by pretending to be […]
Solana-based DeFi aggregator, Step Finance, along with two other affiliate projects, SolanaFloor and Remora Markets, announced plans to shut down all operations with immediate effect. The decision follows the aftermath of a major security incident earlier this year. Hack, Halt, Shutdown In a statement shared on X, the teams said the decision came after exploring […]