The US Treasury Department has linked notorious hacking group Lazarus to a cyber breach last month that cost the Ronin network $600 million. According to the Treasury Department, the connection was …
Web3 Cyber Incident Database: Tracking over $62 Billion Dollars worth of cyptocurrency related incidents
Over the past several years, there has been a rapid emergence of companies, projects, and initiatives in what is broadly categorized as Web3. While monitoring that rapid innovation, the OODA research …
Hackers Attack Elephant Money DeFi Platform, Steal Over $11M
$1.23 billion has been stolen or hacked across the crypto ecosystem during Q1 of 2022. That is up almost 700% from $154 million in losses in Q1 of 2021. Elephant Money, the DeFi protocol behind the …
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Explaining crypto’s billion-dollar bridge problem
On March 23rd, the Ronin blockchain network underlying the popular NFT-driven game Axie Infinity was hit with a hack that saw the attackers walk away with an eye-popping $625 million in …
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Global Computer Chip Supply Chain Disruptions – An Update
Based on the insights garnered from our November 2021 Stratigame on the Global Computer Chip Supply Chain Disruption, the following are some of the recent developments up and down the global …
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US cryptocurrency developer jailed for helping North Korea evade sanctions
An American cryptocurrency developer has been jailed for five years for helping the North Korean regime evade US sanctions imposed over its nuclear weapons programme. Virgil Griffith, 39, pleaded …
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U.S. imposes sanctions on Russian darknet market and crypto exchange
The U.S. Treasury Department imposed sanctions on Tuesday on a prominent Russia-based darknet market site and a cryptocurrency exchange that it said operates primarily out of Moscow and St. …
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‘Russia’s Ethereum’ Loses Stablecoin Peg as Accusations of Ponzi Schemes Fly
Waves, a Layer 1 blockchain known as ‘Russia’s Ethereum’, has suffered a reversal of fortune as accusations Ponzi schemes and market manipulation fly in a wild week of action. Sam Bankman-Fried, the …
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Sanctions Against Russia Pose A Conundrum For Bitcoin
Almost half of Russia’s $630 billion reserves have been seized by foreign governments since the invasion of Ukraine. It was relatively easy to do given modern financial infrastructure. The mainstream …
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Web3 Security: How to Reduce Your Cyber Risk
OODA has a deep heritage in red teaming enterprise and advanced technologies. In cybersecurity, a Red Team is a group of experienced professionals authorized and organized to test a system …
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