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The agency overseeing the financial sector in Germany has issued a warning about the ‘Godfather’ malware attacking banking and crypto applications. Hundreds of these platforms have been targeted, the regulator noted, including those operating in the Bundesrepublik. Financial Authorities Advise Germans How to Protect Their Mobile Apps From Malware The Federal Financial Supervisory Authority of … Read more
A new Web3 security report from Beosin revealed that of the 167 major security exploits DeFi projects saw the most, at 113 attacks. Go to Source Powered by WPeMatico
One reason is that “hackers have gotten smarter, gained more experience, and learned how to look for bugs,” according to the founder of a crypto auditing firm. Go to Source Powered by WPeMatico
The DeFi market didn’t see much change in its first week of new year compared to the last week of 2022 as the price momentum remained in a similar zone. Go to Source Powered by WPeMatico
The team did not disclose what the issue is, but stated that it “cannot be mitigated by the emergency DAO.” Go to Source Powered by WPeMatico
Over $1.40 billion worth of stolen DeFi funds was reportedly laundered via Tornado Cash during that period. Go to Source Powered by WPeMatico
The hacker had demanded $200,000 to return the breached data back in December but warned that if their conditions are not fulfilled, they will release the data for free. Go to Source Powered by WPeMatico
According to blockchain security company Certik, the number of cryptocurrency incidents involving exit scams, hacks, and code exploits in Dec. 2022 was the lowest monthly figure of the year. Certik noted that the combined incidents amounted to $62.2 million “lost to exploits, hacks, and scams.” Record Low Cyber Attacks in December 2022 Result in $62.2 … Read more
The industry is likely to see “further attempts from hackers targeting bridges in 2023,” while users are urged to be warier of their private keys. Go to Source Powered by WPeMatico
A Reddit user has warned of the potential dangers of unchecked smart contracts, advising the community to revoke approvals on a regular basis. Go to Source Powered by WPeMatico
