Flash Loan Attacks on DeFi Will Get Worse, Warns Chainlink CEO

Sergey Nazarov explains how DeFi platforms are being exploited for millions of dollars—and what needs to be changed to avoid that.

4 tips to avoid phishing attacks

Once a user identifies a phishing attempt, spreading the word online can assist in the security of everyone’s funds. Many crypto owners fall prey to common crypto theft schemes, including phishing traps.

Inevitable: Ethereum Classic’s Latest Hard Fork Called Thanos Scheduled for November 29th

After suffering numerous 51% attacks lately, the Ethereum Classic dev team will implement a new hard fork called Thanos in less than a week.

Several Cryptocurrency Firms Suffer Domain Cyber-Attacks Due to GoDaddy Employee Error

Malicious actors gained control of domains owned by several cryptocurrency firms after tricking GoDaddy employees.

Cybercriminals attack GoDaddy-based cryptocurrency platforms

The attackers used social engineering to defraud the GoDaddy staff. Yesterday, security researcher KrebsOnSecurity reported that several cryptocurrency platforms hosted by popular hosting provider Godaddy have been attacked over the past week. According to KrebsOnSecurity, the attacks began on or around November 13th on cryptocurrency trading platform liquid.com. Liquid CEO Mike Kayamori said GoDaddy incorrectly transferred control of the account and domain to a malicious actor. Kayamori added that the move allowed a malicious actor to change DNS records and thus, take control of a number of internal email accounts.

GoDaddy employees 'used' in attacks against crypto-service platforms: Report

The cryptocurrency community has a lot of experience dealing with cyber-attacks within its ecosystem.

Crypto Security in 2021: More Threats Against DeFi and Individual Users

In 2020, the crypto industry was no stranger to cyber-attacks and cybersecurity breaches.

Tor Developers Pursuing ‘Anonymous Tokens’ to Stop Hacks and DoS Attacks

Tokens could be included in a users traffic request, which would allow websites accessible through the Tor network to “intelligently prioritize which requests it answers.”

Ethereum-based Origin Dollar Hacked for Estimated $7 Million

The hack of Origin, which comes on the heels of several crypto flash loan attacks, may further undermine confidence in decentralized finance.

Hackers Demand Bitcoin Ransom Following New Wave of Attacks

European and Israeli companies were targetted in a new type of ransomware attack called Pay2Key.

Flash Loans Aren’t the Problem, Centralized Price Oracles Are

Flash loans attacks have received a lot of press attention.

Alameda, VCs Pour $4 Million Into DeFi Risk Management Firm

DeFi is fraught with danger, from unaudited smart contracts to flash loan attacks.

$13.6 Billion Stolen In 8 Years By Exploiting Blockchain-Based Projects, Report

After peaking in 2019, the number of attacks against various blockchain-based networks has decreased substantially since the start of 2020.

Lightning Network Exploits Continue to Hinder the Bitcoin Scaling Solution

While bitcoin has run-up to all new price highs in 2020, a great number of crypto supporters have been complaining about the mempool backlog and the high fees needed to send a transaction.