Concerted attack against Terra UST: could it take place? This week Terra UST, one of the largest algorithmic stablecoins, experienced a tremendous crash. Its fall below $1 caused the downward pressure on Bitcoin as well as led to the collapse of its sister token Luna. There are a few theories behind what may have happened.
Brazilian Senate passes cryptocurrency Bill to fight cybercrime The Brazilian Senate has passed a bill regulating the cryptocurrency market in the country. The purpose of this document is to regulate crypto trading and protect users from illegal activity in the space. Under this bill, crypto exchanges fall under the scrutiny of the Brazilian Central Bank
North Korean hackers were behind Axie Infinity crypto theft According to the Treasury Department, the Lazarus group was behind the theft of $600M in crypto from the popular online game. The US Treasury managed to identify a digital currency address used by hackers and it was under the control of the Lazarus group. North Korea
Is it easy to spend the stolen crypto? The cases of crypto hacks take place regularly. But what do hackers do with the stolen assets? Is it possible to easily cash out these assets without being caught by law enforcement bodies? Generally, the blockchain system is not designed for processing large volumes of assets anonymously.
Numerous hacking groups use the war in Ukraine as a lure in phishing attempts Malicious hacking groups, including government-backed hackers from Russia, North Korea, Iran, and China, are using the Russian invasion of Ukraine to carry out cybercrimes designed to steal sensitive information, money, and login credentials from victims worldwide. One of the most active
Tax season scams can steal your passwords and bank details Malicious actors are sending phishing emails claiming to be from the IRS. The purpose of these emails is to infect victims’ PCs with malware or trick users to transfer their personal information such as usernames, passwords, etc. Although these scams are not particularly sophisticated, they
Cloud services are becoming weapons in the Ukraine-Russia cyberwar According to the new research by Aqua Security’s Team Nautilus, cloud technologies now make difference on the digital front of the war. The team has tracked code and tools in public repositories including code libraries, Docker container images, and popular software packages such as PyPI, Ruby,
FancyBear and Ghostwriter phishing attempts are stepping up according to Google Google’s Threat Analysis Group (TAG) has released the update in the wake of the russian invasion of Ukraine. The Group has issued hundreds of warnings to users from Ukraine that they have been targeted by state-backed hackers, mostly from russia. Since the beginning of
Internet is fighting Russian disinformation about Ukraine Although the democratic world has imposed powerful sanctions on Russia, people in Russia are not actively protesting to stop the war. Putin’s regime has been feeding Russian citizens with propaganda for decades so they simply refuse to accept the truth: their soldiers have invaded Ukraine and are killing
