Hack

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Is the MSI Hack an IT Supply Chain Attack?

25 Apr 2023 1 minute read 2 comments Matthew Rosenquist

When I heard of the MSI compromise, I had similar fears of an IT supply chain attack. However, after walking the logic and high-level details I felt that the current attack was unlikely a sophisticated play to compromise downstream consumers of MSI...

72 million USD Hack on Bitfinex

18 Mar 2023 1 minute read 2 comments Bilal Huseynov

It was August 2, 2016, and Bitfinex, one of the largest Bitcoin exchanges at the time, was under attack. In a matter of hours, the attackers were able to steal approximately 120,000 Bitcoins from Bitfinex's hot wallet, resulting in a loss of around $...

Do you know: The Ethereum DAO Hack

15 Mar 2023 1 minute read 2 comments Bilal Huseynov

In June 2016, the Ethereum community was rocked by a major security breach that resulted in the loss of millions of dollars worth of ether. The hack targeted a smart contract known as The DAO (Decentralized Autonomous Organization), which was built o...

Algorand-based Wallets Hit by Security Breaches

8 Mar 2023 2 minute read 0 comments isciuc

Algorand-based wallets have fallen prey to security breaches in recent weeks, with both MyAlgo and Algodex experiencing hacks. MyAlgo suffered a security breach in February that resulted in losses of around $9.2 million, prompting the wallet provider...

Twist Attack example №2 continue a series of ECC operations to get the value of Private Key to the Bitcoin Wallet

2 Mar 2023 4 minute read 0 comments CryptoDeep

CRYPTO DEEP TECH In this article, we will implement a Twist Attack using example #2, according to the first theoretical part of the article, we made sure that with the help of certain points on the secp256k1 elliptic curve, we can get partial va...

Prominent Crypto currency hacks

2 Mar 2023 2 minute read 1 comment sleepyjey

Cryptocurrency history is marred by multiple hacks that have resulted in millions of dollars ost by companies and end users Mt. Gox (2014) - Mt. Gox was once the world's largest Bitcoin exchange until it was hacked in 2014. Hackers stole approximatel...

ChangeNOW Halts Transactions with Stolen Algorand Tokens, $1.5M Worth of ALGO Are Safe

23 Feb 2023 1 minute read 5 comments Mike Ermolaev

In its recent blog post, ChangeNOW, one of the most authoritative non-custodial crypto exchanges, provided more details on the latest incident with the Algorand (ALGO) tokens stolen from the hacked asset holders. Recall that the hackers looted severa...

Is DEFI safe?

26 Jan 2023 2 minute read 1 comment Sdom

The Ripple representative at Devos conference said that currently the crypto market is at stage, when all bad blood has been purified, and compared it with DOT.com bubble from 2001.After a lot of internet companies has crashed and claimed bancruptcy,...

A look at the top 10 hacks of 2022

30 Dec 2022 5 minute read 4 comments Patch

As we are fast approaching 2023 and the new year. It is a commonplace to take a look at the year that is coming to an end. And I thought why not combine that with a top 10 list, as they are always in fashion. So with little ado and minimal fanfare, I...

The Wintermute Hack Explained

14 Dec 2022 4 minute read 1 comment MintDice.com

Wintermute is a market maker and trading firm for both digital assets and cryptocurrencies. According to their website, they create liquid and efficient markets on centralized and decentralized trading platforms and off-exchange. The liquidity provi...