Hack

SolarWinds hack may have been much wider than first thought

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REUTERS/Sergio Flores The scope of the SolarWinds hack keeps growing. The New York Times has conducted interviews indicating that the allegedly Russia-backed campaign was much further-reaching than initially believed. Where the intruders allegedly scouted ‘just’ a few dozen government and corporate networks, it now looks like up to 250 networks fell victim to the hack. …

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Who Insures the Insurer? Cover Protocol Attack Exposes DeFi’s Promise and Peril

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Monday’s $4 million attack on the Cover Protocol, a decentralized insurance service, sent my mind to that classic nursery rhyme, There Was an Old Lady Who Swallowed a Fly. You know, the one where an unfortunate woman keeps eating ever larger animals to catch the previously swallowed animal.  Decentralized finance faces a similar problem with …

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Crypto Exchange Livecoin Begs Users to Stop Trading After Losing Control of Servers

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Cryptocurrency exchange Livecoin has suffered what it called a “carefully planned attack.” The Russian exchange said in a web post it has “lost control of all of our servers, [backend] and nodes” and pleaded with clients to cease making deposits, trading or interacting with the exchange. “We were not able to stop our service in …

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From SIM-Swaps to Home-Invasion Threats, Ledger Leak Has Cascading Consequences

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As soon as he learned he was among the thousands of Ledger customers whose personal information had been published online Sunday, JimboChewdip, as he’s known on Twitter, acted fast. Not fast enough, however. JCD, as we’ll call him, spent Monday morning changing his passwords, only to get a notification a new device had been added …

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UK Crypto Exchange Exmo Hacked, Estimates Presume Platform Lost $10.5 Million

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<div class=”featured_image_container”> </div> <strong>U.K.-based cryptocurrency exchange Exmo detailed on December 21, 2020, the firm had “detected suspicious withdrawal activity” and halted withdrawals. Exmo said a security audit report revealed “large withdrawals” of bitcoin and five other cryptocurrencies. Analysts estimate that Exmo may have lost over $10 million from the hot wallet breach. </strong> On Monday, …

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Nicehash Crypto Mining Pool ‘Fully’ Reimburses All Users Affected by 2017 Hack

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<div class=”featured_image_container”> </div> <strong>A Slovenian cryptocurrency mining pool and trading platform announced that they’ve managed to fully compensate their users affected by a hacking attack that took place in December 2017, which took over 4,600 bitcoins.</strong> Nicehash ‘Fully’ Reimburses Users Affected in 2017 Hack According to the letter published by Martin Škorjanc, CEO of Nicehash, …

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Origin Dollar compensation plan marks progressing maturation of DeFi space

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On Friday, decentralized finance (DeFi) stablecoin project Origin Finance announced a plan to compensate users affected by a $7 million November exploit — part of a wider trend from developers, users, and traders that has seen actors across the DeFi space more widely embrace insurance products and other exploit backstops.  On November 17th, Origin Dollar …

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iPhone exploit gave hackers control over WiFi without your input

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Chris Velazco/Engadget Many security exploits require at least some kind of interaction on your part, but that wasn’t true for an iPhone exploit earlier this year. As Ars Technica reports, Google Project Zero researcher Ian Beer has detailed an iOS 13 exploit that let someone remotely control a device over WiFi using a “zero-click” attack …

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Hacker sells access to hundreds of corporate executives’ email accounts

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taa22 via Getty Images Hackers are fond of hijacking email accounts, and one of them may have obtained a motherlode of potential targets. ZDNet and Gizmodo report that a hacker is selling claimed access to “hundreds” of C-suite executives’ Microsoft-based email accounts, including CEOs, vice presidents and directors. The targets include the chief of a …

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As token price rises and reputation mends, Sushiswap foils midnight exploit

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As exploits and hacks run rampant across the DeFi ecosystem, at least one project appears to have fended off the worst of an attack — the once-maligned “vampire” AMM (automated market maker) exchange Sushiswap.  Observers noticed last night that Sushiswap — which got its start leeching liquidity from rival AMM Uniswap — was experiencing an …

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