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Analysis

  • Mother, not whore

    I’m reading about and occasionally watching snippets of the illegal immigration protests going on around the country. Looking at the crowds I am reminded of the deer hunting drives of my youth and wonder why there isn’t a line of CBP agents at one end of the street with bags of flex-cuffs, while another line…

  • Their Kung Fu is Strong

    A key component of China’s information warfare expertise comes from a group called the “Red Hackers Alliance,” which identifies itself as “a network security research organization made up of Chinese patriotic hackers,” U.S. officials say. Chinese-origin hackers are responsible for tens of thousands of computer attacks on U.S. government networks, U.S. officials say. A Hong…

  • Amazing

    How this made it into print is beyond me (it isn’t but I like to pretend to be indignant). Lots of movement but it is more flailing than dancing. Perhaps the master of the online quilting archive feels left out? Something that the doctor is not aware of or has ignored: unless an item is…

  • Inexcusable!

    Not the reporting – the carelessness. A computer drive sold openly Wednesday at a bazaar outside the U.S. air base here holds what appears to be a trove of potentially sensitive American intelligence data, including the names, photographs and telephone numbers of Afghan spies informing on the Taliban and Al Qaeda. The flash memory drive,…

  • HLS: Serious or Not Serious VIII

    Something I alluded to before but since has been exposed to new light: A computer failure that hobbled border-screening systems at airports across the country last August occurred after Homeland Security officials deliberately held back a security patch that would have protected the sensitive computers from a virus [Zotob] then sweeping the internet, according to…

  • School Safety

    CHICAGO – Most schools’ emergency plans are outdated, especially against technologies like the Internet and cell phones, safety experts said Friday. Districts that don’t review and update plans for a terrorist attack or shooting rampage won’t be prepared when a crisis occurs, experts warned principals and superintendents at the National School Boards Association convention in…

  • Save it for the Team Room

    Eric Haney has made much out of his time as a member of Delta Force, America’s clandestine counterterrorism outfit. Way too much, according to former Delta Force officers and operators, who say Haney has embellished his résumé and fabricated other parts of his military career on his way to becoming an acclaimed author and a…

  • Here comes the judge

    Via AEI: Judge Posner weighs in on the state of IC reform. Some highlights: The fundamental cause of the ambitious reorganization of the intelligence community that we are living through is not, I believe, some deep flaws in the system as it existed on the eve of the 9/11 attacks. Rather, it is a deep…

  • HLS: Serious or Not Serious VII

    When 22 Chinese nationals let themselves out of a cramped and smelly cargo container at the Port of Seattle last week, it ended their dangerous and costly two-week trip from Shanghai. But after a few minutes of freedom and fresh air, they were apprehended and are likely to be deported. There was no indication that…

  • Attention Bolling!

    Get ready to feel the burn . . .

  • This is a bad thing how, exactly?

    Mr. Ricks is shocked, shocked, to find influence campaigns going on here: The U.S. military is conducting a propaganda campaign to magnify the role of the leader of al-Qaeda in Iraq, according to internal military documents and officers familiar with the program. The effort has raised his profile in a way that some military intelligence…

  • What is Wrong with Amateurs?

    Captain Ed takes a little initiative (and a hit in the wallet) to drive the point home. IBD has the right spirit, but wrong on methodology. The gov’t lacks the resources and the motivation. There are fish that have yet to be fried. In essense the only people who care are the bloggers and “amateurs”…

  • A different take on document exploitation

    Hat tip to John Robb Finally, a media outlet that doesn’t have a problem with amateurs exploiting captured material: BAGRAM, Afghanistan — No more than 200 yards from the main gate of the sprawling U.S. base here, stolen computer drives containing classified military assessments of enemy targets, names of corrupt Afghan officials and descriptions of…

  • Where is the shop steward?

    “You know what Justice Black used to say? Flexibility is mush.” With that quip, Judge A. Raymond Randolph cut into the opening statement of the government’s lawyer, who was defending new workplace rules at the Department of Homeland Security. I’ll ask one more time: would someone who is in a HLS or other national security…

  • Always Out Front

    Senior Pentagon officials are poised to implement a sweeping overhaul of how each combatant command carries out joint intelligence operations, using U.S. Central Command as a template for streamlining battlefield data collection and analysis, according to a senior military official and documents. Anything but the status quo.

Briefs

  • Ghost Ships Near Nordstream Prior to Leak Provide Further Indication of Sabotage

    Two large ships with their positioning trackers off operated near the Nordstream pipeline in the days prior to the leak that has disrupted operations. NATO spokesperson Oana Lungescu says it does not comment on the “details of our support or the sources used” but confirmed that NATO believes the incident was a “deliberate and irresponsible…

  • Android Phone Vulnerability Presents Active Spyware Risk

    The vulnerabilities leveraged in the exploit chain are specific to phones powered by Samsung’s Exynos SoC and running kernel 4.14.113 were described by Google Project Zero as having been seen in the wild, meaning that the exploit is being actively used to target user devices. Full Story

  • China’s Port Expansion a Security Risk

    China has made major investments in developing a global port infrastructure that will help with commercial and military operations. More than 27% of global container trade last year passed through terminals in which leading China- and Hong Kong-based firms held direct stakes and Chinese investments continue to accelerate. Full Story

  • A DARPA In Person and Virtual Event: DARPA Forward – Advancing the Horizons of National Security (Nov.15-16; Dec. 13-14)

    DARPA Forward has been taking national security innovation on the road. Since August – and through December 2022 – six regional events were scheduled at leading research and development universities nationwide to connect Defense Advanced Research Projects Agency leaders with new communities of talent and partnerships.   The ultimate goal: to energize regional and national innovation…

  • How blockchain can make digital ID more secure

    Perhaps the most valuable asset we have online is our identity. It allows us to buy and sell goods, even open a bank account. It’s understandable then, that users might have qualms about trusting their identifying personal data to blockchain (the technology behind crypto), which has experienced more than $1bn (£0.87bn) in fraud since the start…

  • Crypto Lender BlockFi Pauses Withdrawals in Wake of FTX Collapse

    Crypto lender BlockFi said it could not conduct business as normal and would be limiting activity in the wake of FTX’s collapse. The company said in a tweet that the “lack of clarity” around FTX’s current situation meant it would pause client withdrawals. It also told clients not to deposit to its wallet or interest…

  • DFX Finance Hacked, Exploiter Drains $4M And Funnels Funds to Tornado Cash

    Foreign Exchange-focused DeFi protocol DFX Finance was attacked on Nov. 11, with the attacker stealing roughly $4 million. The team has paused all smart contracts. Stablecoin-focused protocol DeFi protocol DFX Finance has been hacked. PeckShield tweeted about the incident on Nov. 11, stating that the protocol’s DEX pool was exploited. The losses are currently estimated…

  • FTX collapse: The crypto industry’s Lehman Brothers moment

    The world’s third-largest cryptocurrency exchange, FTX, started the year with a $400 million Series C funding round, taking its valuation to over $32 billion. Ten months later, the crypto exchange is staring down the possibility of bankruptcy after its bid to be acquired by Binance failed. FTX was seen as one of the largest global crypto…

  • Sam Bankman-Fried steps down as FTX CEO as his crypto exchange files for bankruptcy

    Sam Bankman-Fried’s cryptocurrency exchange FTX has filed for Chapter 11 bankruptcy in the U.S., according to a company statement posted on Twitter. Bankman-Fried has also stepped down as CEO and has been replaced by John J. Ray III, though the outgoing chief will stay on to assist with the transition. Approximately 130 additional affiliated companies are…

  • Ukraine’s Kherson city pullout finished, Russia says

    Russia faced another large setback in the war in Ukraine as the Kremlin pulled all of its troops from the western bank of the Dnieper River in Ukraine’s southern Kherson region. All military units were removed by 5 am Moscow time on Friday. Ukraine is in the final stage of reclaiming the western bank of…

  • Court rejects Nigeria’s $1.1bn damages request against Eni, Shell

    An appeals court in Milan denied Nigeria’s $1.1 billion compensation request against Italian energy group Eni and British oil and gas company Shell. The decision was made in the civil proceedings related to a $1.3 billion oilfield deal and was read out in the court on Friday.  Prosecutors had dropped the related criminal proceedings in…

  • Taiwan top of agenda for Chinese and US leaders

    Taiwan is expected to be at the top of the agenda during a meeting between US President Joe Biden and Chinese leader Xi Jinping next week. This will be their first in-person encounter since US President Joe Biden has taken office. The meeting comes at a time when relations between the two countries are tense. …

  • Israel’s president to invite Netanyahu to form next government

    Israel’s President Isaac Herzog invited Benjamin Netanyahu to form Israel’s next government in an announcement on Friday. This will allow Netanyahu to take the country’s top position for a sixth time and extend his time as the nation’s longest-serving leader. Herzog will issue the mandate to Netanyahu to create the new government on Sunday.  The…

  • DeFi Heavily Criticized by its users After Denying Access to Wallet Content

    Brad Mills informed about the denial to access Wallet Content on 1inch DeFi. Decentralized Finance is severely criticized in the industry and by the users because of denying user access based on wallet content. And on 6 November 2022, Entrepreneur Brad Mills posted a Tweet criticizing DeFi for denying users access to decentralized exchanges(DEXs) because of…

  • Maintaining decentralization: Are custody services a threat to DeFi protocols?

    Decentralization is part of the cryptocurrency industry’s core, with various protocols trying over time to achieve the level of decentralization that Bitcoin managed to get as it grew organically from a white paper published to a mailing list to a new asset class. Decentralized finance (DeFi) protocols have brought the idea of decentralization to a new…

  • FTX Hurtles Toward Bankruptcy With $8 Billion Hole, US Probe

    The crisis engulfing Sam Bankman-Fried’s FTX.com is rapidly worsening, with the onetime crypto wunderkind warning of bankruptcy if his firm can’t secure funds to cover a shortfall of as much as $8 billion. Bankman-Fried informed investors of the gap on Wednesday, shortly before rival exchange Binance abruptly scrapped a takeover offer. He said FTX.com needed $4…

  • Thousands of bogus Twitter accounts push NFT scams to steal cryptocurrency

    A fraud network made up of thousands of bogus Twitter accounts has been impersonating legitimate NFT stores to swindle users out of cryptocurrency, according to research published Thursday. The report is just the latest indication that cryptocurrency-related scams still run rampant on social media despite continued warnings from consumer protection watchdogs. It also raises fresh questions…

  • Is This Crypto’s Lehman Moment?

    The crypto industry is known for dramatic twists, roller-coaster prices and fortunes that appear and disappear overnight. But even by crypto standards, what happened this week was bonkers. To non-crypto watchers, the news — the collapse of FTX, one of the largest cryptocurrency exchanges in the world — might sound boring or esoteric, the kind of story…

  • SAP Patches Critical Vulnerabilities in BusinessObjects, SAPUI5

    SAP, a German software maker, has announced the release of nine new security notes. The security patches were released as part of the company’s November Security Patch day, which includes fixes for two critical bugs. The critical flaws lie in BusinessObjects and SAPUI5. Additionally, the company released updates to two previously released notes that were…

  • Advanced RAT AgentTesla Most Prolific Malware in October

    Check Point security has revealed that information stealing malware accounted for the most variants in October. The security firm stated that the variants compromised nearly one fifth of global detections. To produce the report, Check Point security compiled information from hundreds of millions of its own threat intelligence sensors that are installed across endpoints, mobile…

  • European Parliament approves Croatia’s admission to Schengen zone

    The European Parliament has passed a movement to allow Croatia to the Schengen zone, a passport free portion of the EU. The vote was a 534-53 majority to lift the border controls between the Schengen area and Croatia. A final decision will be made by the EU’s government leaders on the EU Council.  The Council…

  • US estimates 200,000 military casualties on all sides

    Estimates by a US general estimates that 100,000 people on either side of the Ukrainian war have been killed or injured. He also suggested that approximately 40,000 civilians have been killed in the conflict. The general also stated that Kyiv is ready to re-enter talks with Moscow. In the past few days, Ukraine has shown…

  • Hezbollah Remains Tehran’s Powerful Information Asset

    Hezbollah, or the Party of God, is a powerful Iranian surrogate that has been leveraged in many ways to promote Tehran’s political and ideological agenda throughout the Middle East.  Established in 1982, Hezbollah maintains deep interests in Lebanon although its multi-faceted capabilities have made the group instrumental for Iran’s Islamic Revolutionary Guard Corps (IRGC) who…

  • North Korea attempted to hack, siphon funds from an Israeli company

    North Korea tried earlier this week to hack into the systems of an Israeli company that deals in the field of cryptocurrency and to siphon money that Pyongyang planned to use for its nuclear program, N12 reported on Monday. The hacking attempt was carried out by North Koreans posing as the company’s Japanese supplier. The intrusion…

  • House, Senate changes could slow legislative momentum for cybersecurity

    Election Day on Tuesday has left command of Congress up in the air. But we can say this much: bipartisan attention to cybersecurity could drop off in the next congressional session regardless of which party controls the House and Senate when all the votes are tallied. The GOP leaders of the House and Senate homeland security panels,…

  • US Treasury redesignates Tornado Cash sanctions, citing North Korea nuclear weapons program

    The United States Treasury Department’s Office of Foreign Asset Control, or OFAC, has amended the sanctions on cryptocurrency mixer Tornado Cash in addition to including two individuals involved in “transportation and procurement activities” for North Korea in its list of specially designated nationals. In a Nov. 8 announcement, the Department of the Treasury said it had…

  • South Korean Academic: We Must Block North from Hacking Crypto

    A South Korean academic has claimed that Seoul must take steps to stop Pyongyang from hacking crypto targets south of the demilitarized zone – as tensions escalate between North Korea and its southern neighbor. Reports from both South Korea and Japan have repeatedly stated that Pyongyang-based groups like Lazarus have been targeting a range of crypto-related…

  • FTX: Cryptocurrency market rocked by near-collapse of exchange

    The digital assets market has been rocked by the near-collapse of one of the world’s biggest cryptocurrency exchanges, FTX. On Tuesday, FTX struck a bailout deal with larger rival Binance after a surge in withdrawals caused a “significant liquidity crunch”. Concerns about FTX’s financial health reportedly triggered $6bn (£5.2bn) of withdrawals in just three days. Binance says…

  • Cybercrime Group OPERA1ER Stole $11M From 16 African Businesses

    According to a new report from Group-IB, at least 16 African banks, financial services, and telecommunications companies have been victimized by the French-speaking threat group OPERA1ER. The threat group has been responsible for at least $11 million in theft since 2018. Group-IB’s report pertains to the threat group’s activities since 2019. The report was not…

  • Canadian Meat Giant Maple Leaf Foods Disrupted by Cyberattack

    A packaged meats company headquartered in Ontario has suffered from a cyberattack that has resulted in an outage. Canadian meat giant Maple Leaf Foods confirmed the attack, which has resulted in system disruptions. Maple Leaf Foods has more than 14,000 employees and its products are sold in Canada, the US, and Asia. Maple Leaf Foods…

  • Microsoft Patches Six Zero-Day Bugs this Month

    During this month’s Patch Tuesday, Microsoft released a relatively low number of security updates to fix flaws plaguing its products, however, six of the patches are flaws being actively exploited in the wild. According to Microsoft, one of these flaws is called “ProxyNotShell” and lies in the Microsoft Exchange Server. The bug was first revealed…

  • Fresh wave of Ukrainian refugees expected as Russia targets power ahead of winter

    Eastern European countries have been preparing for an increase in Ukrainian refugees this winter. Russia has been targeting power and heating plants ahead of the colder months, and four million people are already without power. 14 regions and the capital Kyiv are without power and Ukraine’s electrical grid has scheduled hourly power outages that will…

  • Magnitude 5.7 earthquake shakes Italy’s Adriatic coast

    A 5.7 magnitude earthquake occurred off Italy’s Adriatic coast on Wednesday, but didn’t cause any serious damage or injuries. The earthquake occurred a little after 7 a.m. and was felt as far away as Rome and the northern regions of Veneto, Friuli and Trentino.  The epicenter was 35 km offshore at a depth of 7…

  • DARPA Research on Cryptocurrency and National Security Risks

    About the OODA Loop Series on Global Crypto and Digital Currency Initiatives In previous posts, we have provided an analysis of crypto and digital currency initiatives in Pakistan, Vietnam, Colombia, China, El Salvador, Panama, Ukraine, India, Argentina, and Russia. Our most recent post in the series was an overview of U.S. Crypto, Digital Assets, and National Security Policy. We…

  • Report: GALA token exploit resulted from public leak of private key on GitHub

    According to a new post by blockchain security firm SlowMist on Nov. 7, it appears that the last week’s token exploit affecting GameFi project Gala Games resulted from a public leak of applicable security keys on GitHub. As told by SlowMist, pNetwork, the cross-chain interoperability bridge used by Gala Games on the BNB Smart Chain,…

  • Web3 is Meant to Be More Secure, But Can It Handle Sophisticated Cyber Threats?

    Imagine that you are checking your social media, and see that one of your favourite influencers has shared a link for minting free NFTs… What do you do next, do you just click on it, or wait for more details? This happened to hundreds of users at the beginning of the month – and while they…

  • Can crypto thefts be prevented by confidential computing?

    The recent loss of billions of dollars’ worth of cryptocurrencies could have been stopped, and the solution to the security problem is confidential computing. With the use of confidential computing, sensitive data can be kept separate from the rest of the system, where it would otherwise be more accessible to hackers. It accomplishes this by…

  • Hacktober Finished With $657 Million Losses From Crypto Exploits

    Last month was quite spooky for the crypto industry as it saw the highest number of DeFi hacks this year. While October was expected to be “Uptober,” it quickly turned to “Hacktober” as cyber criminals ransacked top crypto projects for hundreds of millions of dollars. A recent tweet by the blockchain security company PeckShield pointed out that…

  • Crypto exchange FTX’s token leads major coins in slide as investor jitters rattle market

    The in-house token of major crypto exchange FTX slumped on Tuesday, losing one-third of its value and dragging down other major digital assets, as investors appeared to take fright at talk of pressure on FTX’s financials. The FTX token – which gives holders discounts on FTX trading fees – was last down more than 33% at…

  • Uganda to close schools early after eight children die of Ebola

    After 23 Ebola cases were confirmed among students of schools across Uganda, The cabinet decided that the schools will close two weeks prior to the end of term. Among the 23 cases were eight children who died from Ebola.  Preschools, primary schools and secondary schools will close on November 25 due to the crowded nature…

  • Trudeau accuses China of ‘aggressive’ election interference

    Canadian Prime Minister Justin Trudeau has accused China of playing “aggressive games” with democracies and attempting to interfere with Canada’s elections. Canadian intelligence identified a clandestine network of Beijing-backed candidates in recent elections. At least 11 candidates were supported by Beijing in the 2019 federal election.  Global News reported that China had sent funds to…

  • Open-source repository SourceHut to remove all cryptocurrency-related projects

    SourceHut, an open-source repository, has announced that it will remove all cryptocurrency and blockchain related projects. The announcement was released last week when creator Drew DeVault stated that he would ban projects associated with the technologies. DeVault’s statement cited the usage of these technologies to conduct scams and get rich quick schemes. Therefore, it seems…

  • SolarWinds Faces Potential SEC Enforcement Act Over Orion Breach

    The US Securities and Exchange Commission (SEC) is allegedly pursuing law enforcement action against SolarWinds due to an infamous data breach that impacted the company in 2019. According to the SEC, SolarWinds violated federal securities laws when disclosing the data breach and releasing statements. The breach, which was reported in 2020, could cost SolarWinds civil…

  • Android RAT Group Targets Indian Defense Personnel

    External threat landscape management platform Cyfirma has reported that a malicious Android installation package is targeting Indian defense personnel. The campaign has been active since at least July 2021. The information was shared by the cybersecurity firm over the weekend. According to Cyfirma, the Android package kit file is a decoy copy of a promotion…

  • Black Basta Ransomware Attacks Linked to FIN7 Threat Actor

    SentinelLabs has released a new advisory that links the Black Basta ransomware to hacking operations conducted by the FIN7 threat actors. The Black Basta threat actors have allegedly used a custom defense impairment tool that has previously only been found in incident by FIN7. SentinelLabs reported several instances of the Black Basta ransomware using this…

  • Medibank Confirms Data Breach Impacts 9.7 Million Customers

    Medibank, an Australian health insurer, has confirmed that it suffered from a cyberattack that impacted the personal details of roughly 9.7 million customers. The attack was first identified in mid October. The health insurer stated that the threat actor behind the attack was not able to deploy ransomware, but they did access data from the…

  • Microsoft Warns on Zero-Day Spike as Nation-State Groups Shift Tactics

    Microsoft has warned of an uptick in zero-day attacks in its latest global threat landscape released earlier this month. The report states that cyberattacks targeting critical infrastructure have doubled and now account for roughly 20% of all nation state attacks. Additionally, attacks against critical infrastructure now account for roughly 40% of all attacks that the…

  • Would DeFi Have Fewer Failed Projects If It Had Better Regulation?

    Does DeFi need more regulation, given how some protocols are being exploited? The decentralized finance industry has seen its fair share of incidents, either due to human error or otherwise. As a result, the call for regulation has never been louder, even if it may not necessarily have the expected outcome. People who have kept close…

  • UK Bank Santander Will Block Payments to Crypto Exchanges

    UK bank Santander is set to block real-time payments to crypto exchanges next year. According to an email to customers first reported by Reuters, the move is intended to protect consumers from scams. Santander has not said when in 2023 the change will take effect. In the short term, the bank is going to enforce…

  • Understanding the macroeconomic impact of cryptocurrency and stablecoin economics

    The World Economic Forum’s Digital Currency Governance Consortium has published a comprehensive analysis of the macroeconomic impact of cryptocurrency and stablecoins. The impetus for this research was a rising concern around the potential spillover effects of crypto and stablecoins on the financial system. Because of this, regulation and safeguards for crypto are at the top of…

  • Crypto Hackers Take Over YouTube Channel of Valorant to Promote Scam

    In one of the most recent crypto scam attacks, the official YouTube channel for the Valorant Champions Tour is compromised. Scammers have taken control of the channel, which has over 597k subscribers, and are promoting cryptocurrency fraud. A journalist named George Geddes shared the information after posting a screenshot of the hacked channel. Scammers wasted no…

  • US DOJ announces seizure of $3.36B in cryptocurrency

    The U.S. Department of Justice on Monday announced that law enforcement seized $3.36 billion of bitcoin from a man who “unlawfully obtained” over 50,000 bitcoin from darkweb market Silk Road over a decade ago. The U.S. Attorney for the Southern District of New York said that James Zhong of Gainesville, Georgia, pleaded guilty on November 4…

  • Japan Joins Key NATO Cyber Agency

    According to a recent announcement, Japan has become the latest country to join NATO’s Cooperative Cyber Defence Centre of Excellence (CCDCOE). The move is likely to anger Moscow amid tensions regarding the war in Ukraine and recent cyberattacks. However, the move was announced roughly four years ago when former Prime Minister Shinzo Abe confirmed that…

  • Armenia, Azerbaijan trade blame for shootout before US talks

    Armenia and Azerbaijan have accused each other of a shootout along their border before the two countries were to attend US-mediated peace talks. The shootout occurred hours before the meeting in Washington D.C. where Armenian Foreign Minister Ararat Mirzoyan and Azerbaijani counterpart Jeyhun Bayramov will discuss another round of peace talks.  The European Union and…

  • White Helmets accuse Russia over deadly strikes on camps

    Syria’s military and its ally Russia have been accused of killing nine civilians in strikes on camps in the north-west of the country. First responders, the White Helmets said cluster bombs hit camps for displaced peoples in Idlib province on Sunday. Women and children were among those killed in the strike.  4.1 million people that…

  • FBI – Beware of Cyber-Threat from Russian Hacktivists

    The FBI has warned that pro-Russia hacktivists continue to target critical infrastructure with DDoS attacks. The FBI warning comes as several attacks have occurred and an uptick in activity has been detected. The Private Industry Notification was published last Friday and detailed the threat facing critical infrastructure organizations. The FBI also stated that although the…

  • LockBit Claims Ransomware Attack on Continental

    The LockBit hacking group has allegedly claimed responsibility for a cyberattack that occurred in August and targeted a multinational automotive group named Continental. The ransomware group posted the announcement to its leak site on Wednesday. Additionally, the group threatened to publish the company’s data unless the ransom demands were met. The group has not released…

  • Developers need to stop crypto hackers — or face regulation in 2023

    Third-party data breaches have exploded. The problem? Companies, including cryptocurrency exchanges, don’t know how to protect against them. When exchanges sign new vendors, most just innately expect that their vendors employ the same level of scrutiny as they do. Others don’t consider it at all. In today’s age, it isn’t just a good practice to…

  • FriesDAO hacked and $2.3 million stolen

    Since the beginning of one of the harshest crypto winters, investors have been inundated with negative news. FriesDAO has been compromised. Unknown assailants have stolen $2.3 million in tokens from FriesDAO, a decentralized autonomous organization. This comes amid a rush of breaches and attacks this month, as October appears to be an especially awful month…

  • Gala Games Dismisses Hacking Speculations After GALA Plunged 90%

    Blockchain gaming company Gala Games urged its community for calm after misplaced fears of a multi-billion dollar rug pull or hack caused the GALA token to temporarily crash 25.6%. The initial panic, which Gala Games later implied was unfounded, came after a single wallet address appeared to mint over $2 billion GALA tokens out of thin…

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