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How North Korean Hackers Master Social Engineering Attacks: A Closer Look
In the rapidly evolving landscape of the cryptocurrency, nft, and web3 sectors, the specter of social engineering attacks has become a prevalent concern, with notable aggressions stemming from sources like North Korea. These sophisticated attacks, often orchestrated with a high degree of planning and psychological manipulation, pose a significant challenge to digital asset security, targeting…
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August Breaks Record for Lowest Year-to-Date Loss in DeFi: 0% Fraud or CeFi Attacks!
Record-Low crypto Losses in August 2024: A Glance at the Security Landscape August proved to be a noteworthy month in the realm of crypto security, with the latest report from major bug bounty and security services platform Immunefi indicating the lowest loss of the year. Despite the volatile nature of the crypto market, hackers managed…
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Shocking Surge: 11 Phishing Attacks in August Wipe Out $57M from Investors
The innovative landscape of decentralized finance (DeFi) faces challenges reminiscent of traditional finance’s pitfalls, with phishing attacks leading the chart. Recent observations reveal a concerning trend where investors are losing millions to these digital deceptions, highlighting an urgent need for enhanced security measures within the DeFi space. Investors Fall Prey to Phishing Attacks in DeFi…
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Bitcoin Mirrors Stock Surge: Attacks the $61K Mark with a 2.5% Leap
In the constantly evolving landscape of cryptocurrency, the intricate dynamics between broader macroeconomic trends and bitcoin‘s price movements have consistently aroused interest and speculation. With an increasingly risk-on macro sentiment observed in the economy, there’s a burgeoning question in the minds of investors and enthusiasts alike: does this climate foretell a potential shift in bitcoin‘s…
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Solana Saga Unfolds: Bot Attacks Clouding Blockchain’s Rise – Insider Scoop
Solana’s Roller Coaster Ride: A Deep Dive into Market Movements and Regulatory Uncertainties The digital currency realm is always full of surprises, with tokens like Solana’s SOL experiencing a whirlwind of activity that could leave even the most seasoned traders scratching their heads. Recent developments have seen SOL’s value skyrocket and then pull back, reflecting…
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Hackers Target Accounts of Mt. Gox Creditors with Brute Force Attacks
The Mystery Behind Mt. Gox’s Recent Challenges In the vast and continuously evolving landscape of digital currencies, few stories grip the public’s imagination quite like the saga of Mt. Gox. Once a giant in the world of cryptocurrency exchanges, Mt. Gox has faced its share of challenges. Recently, an intriguing development emerged as creditors of…
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$1.4 Billion Stolen in Crypto Attacks; MetaMask Eases Entry into Web3 Finance
The Growing Concern of Hack Attacks on Centralized Exchanges In recent times, centralized exchanges have morphed into prime targets for digital heists, witnessing a staggering 900% surge in financial losses due to hacking incidents year-over-year. This trend spells a significant shift in the landscape of digital security, heralding a new era where the battlegrounds are…