Web3 lending app and yield aggregator Wise Lending suffered a significant loss of 170 Ether (ETH), valued at $440,000, in an apparent exploit on January 12. The attacker is suspected to have manipulated an oracle price via a flash loan to execute the exploit. The attack occurred at 07:29 pm UTC, with the perpetrator using […]
Increasing numbers of U.S. Congress members are urging the Securities and Exchange Commission (SEC) to provide details on a hack that led to a false announcement being posted on X (formerly Twitter) about the approval of a spot Bitcoin exchange-traded fund. Senators Ron Wyden and Cynthia Lummis, in a letter dated January 11, called on […]
Samson Mow, CEO of JAN3, has stirred the cryptocurrency community with his statement on X, equating Ethereum to the collapsed crypto exchange FTX. This claim was linked to a tweet by on-chain investigator “TruthLabs” (@BoringSleuth), which has further intensified the debate.TruthLabs’ tweet reveals a concerning connection between a founding Ethereum developer and the infamous “Blockchain […]
Cybersecurity firm Mandiant has released a report detailing the exploitation of Solana users through a campaign known as CLINKSINK. The drainer campaigns have resulted in the loss of nearly $1 million worth of SOL tokens.The CLINKSINK campaign involves malicious actors using drainers – malicious scripts and smart contracts – to steal funds and digital assets, […]
Major crypto data aggregator, Coingecko, recently fell victim to a hacking incident where its official accounts were briefly taken over. The hackers used this opportunity to promote a fake token launch and airdrop. This incident marks the second such hack within a 24-hour period, with the U.S. Securities and Exchange Commission’s account also being compromised.Coingecko […]
The cryptocurrency data aggregator CoinGecko’s X (formerly Twitter) account and terminal were briefly compromised on January 10. The company has assured that it is taking immediate action to investigate the incident and secure the accounts. Users have been cautioned against engaging with suspicious content or clicking on any links.During the brief period of the hack, […]
Michael Ackerman, a resident of Alliance, Ohio, has been hit with a permanent injunction by default judgment, as declared by the Commodity Futures Trading Commission (CFTC) on June 28. The judgment, handed down by Judge Naomi Reice Buchwald of the U.S. District Court for the Southern District of New York, prohibits Ackerman from participating in […]
Bitcoin’s price experienced dramatic swings yesterday following a hack on the US Securities and Exchange Commission’s (SEC) official X account. A fraudulent tweet was posted at 4:11 PM EST on Tuesday, falsely claiming the approval of a spot Bitcoin exchange-traded fund (ETF).Within fifteen minutes, SEC Chair Gary Gensler responded with a statement on his X […]
Bitcoin’s price experienced dramatic swings yesterday following a hack on the US Securities and Exchange Commission’s (SEC) official X account. A fraudulent tweet was posted at 4:11 PM EST on Tuesday, falsely claiming the approval of a spot Bitcoin exchange-traded fund (ETF).Within fifteen minutes, SEC Chair Gary Gensler responded with a statement on his X […]
The Federal Bureau of Investigation (FBI) has become involved in an investigation into a security breach of the U.S. Security and Exchange Commission’s (SEC) X account, according to a statement from an SEC spokesperson. The spokesperson clarified that the FBI is not investigating the SEC itself, but is instead collaborating with the SEC on the […]
