Cybersecurity

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Google Cloud to Enhance Security for Crypto Transactions and Digital Asset Management With Inabit

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Inabit, a provider of secure cryptocurrency management solutions, has announced a collaboration with Google Cloud to enhance security for cryptocurrency transactions and digital asset management. This partnership will leverage Google Cloud’s Confidential Computing platform to create secure environments where cryptocurrency private keys remain encrypted and inaccessible, even during active use. The collaboration comes in response … Read more

Zoom/Telegram Deepfake Attack Vector Rises: Crypto Founders Targeted

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Sandeep Nailwal, founder of Polygon, warned about a recent incident involving a hack of one of his contacts that utilized social engineering and deepfakes on Zoom to compromise other Telegram contacts. The attackers sought to install a component that would allow them to gain access to the victims’ computers. Zoom/Telegram Hacks: Polygon Founder Describes Modus … Read more

Ethereum Foundation Launches Trillion Dollar Initiative to Scale Onchain Security

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The Ethereum Foundation announced the “Trillion Dollar Security” (1TS) initiative, a three-part plan to enhance Ethereum’s resilience for high-value institutional and individual use. Ethereum’s 1TS Initiative Focuses on Protocol, Smart Contract Risks The project aims to enable billions of users to securely store over $1,000 each onchain and support single contracts holding more than $1 … Read more

Solana’s Overnight Emergency Upgrade Raises Concerns About Its True Level of Decentralization

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In April, Solana network participants implemented an emergency upgrade to address a serious security vulnerability that could allow attackers to mint and steal tokens. Nonetheless, the coordinated effort to execute the mitigation measures and patch the vulnerability has raised concerns about the network’s level of decentralization. Solana’s Quiet Emergency Upgrade Raises Concerns Among Crypto Actors … Read more

Certik Reports $364 Million in Crypto Losses for April 2025, Phishing Dominates at $337 Million

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Certik, a leading blockchain security firm, reported on April 30, 2025, that the crypto industry lost approximately $364 million to exploits, hacks, and scams in April, with $18.2 million returned, resulting in a net loss of $345.8 million. The firm highlighted that $337 million of the total losses stemmed from phishing attacks, underscoring the persistent … Read more

Check Point Partners With Fuse to Deploy Blockchain Firewall for Real-Time Threat Prevention

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Layer 2 payments blockchain Fuse has announced a partnership with Check Point Software Technologies Ltd. (NASDAQ: CHKP) to develop and deploy a real-time threat prevention security layer for its blockchain. This collaboration aims to secure smart contracts and wallets by identifying and mitigating threats before they can develop, shifting blockchain defense from detection to proactive … Read more

Kiloex DEX Hacked for $7 Million

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Decentralized exchange Kiloex suffered a $7 million exploit. Security firm Cyvers identified a potential price oracle vulnerability as the cause. Kiloex Calls for Blacklisting of Attacker’s Address Kiloex, a decentralized exchange (DEX) on the BNB Smart Chain, confirmed it was the victim of a $7 million digital fund exploit. Blockchain security firm Cyvers said the … Read more

Hackers Exploit Fake Microsoft Office Add-ins to Spread Crypto Miner and Wallet-Stealing Trojan

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In a recent security alert, Kaspersky researchers have uncovered a unique malware distribution scheme exploiting Sourceforge, a popular software hosting platform. Attackers have created a project named “officepackage” that appears to offer Microsoft Office add-ins but instead leads users to download malicious software. The scheme involves redirecting users from a seemingly legitimate Sourceforge page to … Read more

UPCX Assures Users After Unauthorized Transfer of 18.4M Tokens

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UPCX, a decentralized payment network, has temporarily suspended deposits and withdrawals due to unauthorized activity in its management accounts. Unauthorized Transfer of Millions in UPC Tokens UPCX, a decentralized payment network, has announced the temporary suspension of deposits and withdrawals following the detection of unauthorized activity involving its management accounts. In an update shared via … Read more