This week, the start-up said that a wallet being used to ‘upgrade’ smart contracts was compromised. This wallet was then used to withdraw $12.5 million in Ethereum (ETH), alongside $1 million in Pundi X (NPXS) and $10 million in Bancor Network Tokens (BNT). Bancor says that once the compromised wallet was identified the company was… Read More


A hacker has gained access to a developer’s npm account and injected malicious code into a popular JavaScript library, code that was designed to steal the npm credentials of users who utilize the poisoned package inside their projects. The JavaScript (npm) package that got compromised is called eslint-scope, a sub-module of the more famous ESLint,… Read More


The exchange in question is called Coinrail, and if you visit its website right now you’ll see a “System maintenance” message that tells you more than they’re just updating the servers. The devil’s in the detail – the site is down because it got hacked over the weekend. The statement on Coinrail’s website says that… Read More


China’s state hackers have reportedly stolen a large amount of highly-sensitive US navy data on its undersea warfare, including plans for supersonic anti-ship missiles on submarines. Government experts were said to have compromised the computers of a US navy contractor, giving them access to the information, according to the Washington Post, citing unnamed American officials.… Read More


A hacker briefly took over Ticketfly’s website, defacing it with a picture of the V for Vendetta character and a claim of responsibility. The hacker also sent Motherboard files of what they say is employee and customer information taken from Ticketfly’s database. Ticketfly, which is owned by Eventbrite, took down the site and posted a… Read More


Two Canadian banks warned Monday they have been targeted by hackers, and that the personal information of tens of thousands of customers may have been stolen — something that appeared to be confirmed in a letter to the media from someone who said they were demanding a $1-million ransom from the banks. CIBC-ownedSimplii Financial was… Read More


Cryptocurrency trading app Taylorsuffered a catastrophic hack on May 22 that resulted in the loss of over 2,500 ETH, valued at $1.5 million. In addition, the trading platform lost 7% of the total TAY token supply, potentially crippling the development of the trading software. According to the official statement, the only tokens that remain in… Read More


German researchers reckon they have devised a method to thwart the security mechanisms AMD’s Epyc server chips use to automatically encrypt virtual machines in memory. So much so, they said they can exfiltrate plaintext data from an encrypted guest via a hijacked hypervisor and simple HTTP requests to a web server running in a second… Read More


A malicious miner successfully executed a double spend attack on the Bitcoin Gold network last week, making BTG at least the third altcoin to succumb to a network attack during that timespan. Bitcoin Gold director of communications Edward Iskra first warned users about the attack on May 18, explaining that a malicious miner was using… Read More


Cryptocurrency enthusiasts are keen on telling ordinary civilians how safe and secure the Blockchain protocols powering their favorite coins are. Indeed, major cryptocurrencies like Bitcoin and Ethereum have maintained their security quite well—better, arguably, than any other digital asset/payment system in history—which is pretty remarkable, considering that they are unbacked digital money free from any… Read More