In a sweeping cyber offensive, Turkish hackers have unleashed a ransomware campaign, dubbed RE#TURGENCE, targeting Microsoft SQL Server databases across the United States, European Union, and Latin America. The financially motivated attackers are exploiting weak configurations to inject the MIMIC ransomware or sell compromised server access to the highest bidder. The Securonix Threat Research team […]
The cryptocurrency market experienced a whirlwind of activity following a false tweet from the official Securities and Exchange Commission (SEC) account, which led to a rapid surge and subsequent drop in Bitcoin’s price. This market manipulation, resulting from a security breach, has reportedly caused significant financial damage, with estimated losses running into millions. On January […]
In the burgeoning world of digital currencies, double spending poses a significant risk, threatening the integrity and trust in these revolutionary assets. The concept might sound arcane to the uninitiated, yet it represents a critical challenge within the blockchain ecosystem. Most recently, Bitcoin Gold (BTG) fell victim to a sophisticated 51% attack, which saw malicious actors double-spending a staggering $72,000 […]
In a digital world increasingly entwined with cryptocurrency, a worrying trend has emerged on the social media platform X (formerly Twitter). Cybersecurity experts are raising the alarm about a spike in crypto scams and phishing attempts, which seem to exploit the platform’s system of gold checkmarks designated for verified organizations with a large number of […]
It’s only one week into 2024 and we have yet ANOTHER rug pull. The Solana ecosystem is grappling with what appears to be a calculated exit scam after the farming protocol MangoFarmSOL mysteriously shut down all forms of communication with its users. The protocol, which had been promising “unparalleled yield in the $SOL space,” has […]
In an unprecedented move to showcase the robustness of its security model, Zengo Wallet has thrown down the gauntlet to hackers across the globe with an on-chain bounty worth 10 Bitcoin (BTC). The challenge not only tests the wallet’s defenses but also stands as a testament to the company’s confidence in their technology. Challenge Commences […]
The new year has barely begun, and the cryptocurrency industry is already facing a wave of security breaches with over $97 million stolen in a series of high-profile attacks. These incidents have raised serious concerns about the security measures of various platforms and the growing sophistication of cybercriminals. Gamma Heist: Over $3M in Digital Assets […]
In a year marked by significant digital threats, North Korean cybercriminals continued their notorious streak of cryptocurrency heists, siphoning off a staggering $600 million from various platforms. The year 2023 saw these state-sponsored hackers, including the infamous Lazarus Group, execute sophisticated cyber operations, which, although representing a decrease from 2022’s $850 million haul, underscored the […]
In a remarkable development, an anonymous entity has sent around $1.2 million worth of Bitcoin (BTC) to the illustrious Genesis wallet, the very first Bitcoin wallet believed to have been created by the elusive Satoshi Nakamoto. This event has the crypto community abuzz, considering the wallet’s deeply seated roots in the origin story of Bitcoin. […]
In recent times, the social media platform X, formerly known as Twitter, has seen a surge in cryptocurrency scams targeting verified accounts. These accounts, marked by ‘gold’ and ‘grey’ checkmarks, signify official organizations and government entities, respectively, and are generally trusted by the platform’s users. Despite security measures like two-factor authentication, hackers have managed to […]