After several media reports emerged suggesting that hackers have demanded an estimated Rs 200 crore in cryptocurrency from the All India Institute of Medical Sciences (AIIMS), Delhi, the hospital has …
Aave temporarily freezes lending markets to fend off further attacks
Decentralized liquidity protocol Aave has temporarily suspended lending markets for 17 tokens to fend off volatility risks that could lead to further attempts at market manipulation. Lending markets …
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Crypto firm BlockFi files for bankruptcy as FTX fallout spreads
Distressed crypto firm BlockFi has filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of New Jersey following the implosion of putative acquirer FTX. In …
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Cybercrime Carnage: Cryptocurrency-Targeting Attacks Abound
While the cybercrime story for 2022 has yet to be fully written, cryptocurrency theft will no doubt have a starring role. Buoyed by the collective pilfering of billions of dollars' worth of …
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North Korea’s crypto-heists show vulnerabilities in Western security: experts
North Korea’s tireless cryptocurrency theft operations have highlighted vulnerabilities in the U.S. security ecosystem, raising questions of safety in the face of more effective cyberthreats from …
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Alameda-Backed Crypto Trading Firm 3Commas Says It’s Pretty Sure It Wasn’t Breached
Over a dozen users of the crypto trading service 3Commas, which was backed by Sam Bankman-Fried’s Alameda Research, say the platform leaked their credentials and enabled attackers to run away with …
1inch releases new tool to protect traders against ‘sandwich attacks’
Exchange aggregator 1inch released a new tool called “Rabbithole” on Nov. 25, which the company says will protect traders against malicious “sandwich attacks.” The team announced the launch of the …
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Binance deploys $1 billion to keep crypto industry afloat after FTX collapse
Cryptocurrency exchange Binance on Thursday announced new details about its industry recovery fund, which aims to prop up struggling players in the wake of FTX’s calamitous bankruptcy. In a blogpost, …
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Sybil Attacks: What are they and how do blockchains mitigate them?
Crypto attacks have been on the rise in recent times. According to Chainanalysis, October was the biggest month for crypto hacking activity, with more than $760 million lost during the 31-day period …
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Crypto Survived MtGox and it Will Survive FTX: Chainalysis
On Nov. 24, analytics firm Chainalysis made the Mt.Gox comparison as it was not the first time the crypto world has been shaken due to an exchange demise. Mt.Gox was the first Bitcoin exchange, but it …
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