In a chilling incident on Christmas Day, a 23-year-old cryptocurrency miner from Izhevsk, Russia, became the victim of a kidnapping orchestrated by a group of criminals with the intent to extract a hefty ransom. The episode has shed light on the security vulnerabilities faced by individuals in the crypto industry, a sector already beleaguered by […]
In the ever-evolving world of cybersecurity threats, a new menace has emerged targeting Linux servers. The NoaBot, a botnet based on the infamous Mirai malware, has been repurposed to exploit weak SSH credentials and install cryptomining software. This advanced threat has already impacted thousands of systems worldwide, with a significant concentration of infected IP addresses […]
The rapid evolution of artificial intelligence (AI) has become a focal point of concern and opportunity in the realm of cybersecurity. Recent statements from U.S. intelligence officials underscore the duality of AI’s impact on the digital battlefield. While AI aids in defending against cyber threats, it simultaneously empowers hackers with tools to launch more sophisticated […]
In a sweeping cyber offensive, Turkish hackers have unleashed a ransomware campaign, dubbed RE#TURGENCE, targeting Microsoft SQL Server databases across the United States, European Union, and Latin America. The financially motivated attackers are exploiting weak configurations to inject the MIMIC ransomware or sell compromised server access to the highest bidder. The Securonix Threat Research team […]
The cryptocurrency market experienced a whirlwind of activity following a false tweet from the official Securities and Exchange Commission (SEC) account, which led to a rapid surge and subsequent drop in Bitcoin’s price. This market manipulation, resulting from a security breach, has reportedly caused significant financial damage, with estimated losses running into millions. On January […]
In the burgeoning world of digital currencies, double spending poses a significant risk, threatening the integrity and trust in these revolutionary assets. The concept might sound arcane to the uninitiated, yet it represents a critical challenge within the blockchain ecosystem. Most recently, Bitcoin Gold (BTG) fell victim to a sophisticated 51% attack, which saw malicious actors double-spending a staggering $72,000 […]
In a digital world increasingly entwined with cryptocurrency, a worrying trend has emerged on the social media platform X (formerly Twitter). Cybersecurity experts are raising the alarm about a spike in crypto scams and phishing attempts, which seem to exploit the platform’s system of gold checkmarks designated for verified organizations with a large number of […]
It’s only one week into 2024 and we have yet ANOTHER rug pull. The Solana ecosystem is grappling with what appears to be a calculated exit scam after the farming protocol MangoFarmSOL mysteriously shut down all forms of communication with its users. The protocol, which had been promising “unparalleled yield in the $SOL space,” has […]
In an unprecedented move to showcase the robustness of its security model, Zengo Wallet has thrown down the gauntlet to hackers across the globe with an on-chain bounty worth 10 Bitcoin (BTC). The challenge not only tests the wallet’s defenses but also stands as a testament to the company’s confidence in their technology. Challenge Commences […]
The new year has barely begun, and the cryptocurrency industry is already facing a wave of security breaches with over $97 million stolen in a series of high-profile attacks. These incidents have raised serious concerns about the security measures of various platforms and the growing sophistication of cybercriminals. Gamma Heist: Over $3M in Digital Assets […]