Hack

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How I Could Have Lost My Funds - $2 million Hack On Polygon 0vix DeFi Protocol

29 Apr 2023 1 minute read 0 comments Bfab

As someone who has recently delved into the world of DeFi lending, I never thought I would be writing an article about how I could have lost my funds. However, the recent hack of the 0vix lending platform for 2 million dollars through a flash loan ex...

How Nation-State Cyber Attacks are Evolving

27 Apr 2023 1 minute read 0 comments Matthew Rosenquist

Aggressive countries are leveraging cyber to conduct offensive operations against targets across the globe. The threat of nation-state attacks is growing and I had the opportunity to discuss the challenges with Jeremey Strozer, a strategic risk and...

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,...