Weekend Wrap: Google sued over $5M scam app, Malaysia nabs illegal miners and more
Google allegedly dragged its feet when taking down a crypto scam app, allowing the app to do over $5 million in damage, according to a proposed lawsuit. Go to Source
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$VOW Plummets Over 50% Following Cyber Attack Report Uncovering Multi-Million Dollar Hack
In the last 24 hours, $VOW has suffered a dramatic 50% drop in value after Cyver Alert released a concerning report today. The report revealed that on August 13, 2024, Cyver’s monitoring system detected several suspicious transactions involving the Vowcurrency (@Vowcurrency) network. According to Cyver Alert, the attack was meticulously planned, with the malicious contract … Read more
WazirX restores balances post-hack, withdrawal timeline unclear
The delay in withdrawals has impacted individual investors and raised concerns about the overall security and reliability of cryptocurrency exchanges. Go to Source
WazirX Hack Leaves Users In Limbo: Calls For Immediate Action Intensify
It has been 26 days since WazirX suffered a major security breach, and users are still left in the dark regarding the fate of their funds. The prolonged freeze on withdrawals has sparked widespread frustration, especially as users struggle to access their money during critical times. Pushpendra Singh, co-founder of Pushpendra Tech, has once again … Read more
7 Indicted in $300,000 Queens Bitcoin Theft, Say Prosecutors
Seven individuals have been indicted for stealing over $300,000 in bitcoin from a Queens resident. The charges against them include grand larceny, money laundering, and identity theft, stemming from a lengthy investigation into a cryptocurrency wallet hack. Using advanced hacking techniques, the group allegedly stole the bitcoin and now face potential sentences of five to … Read more
Euler announces 29 audit reports after $4M spent to shore up security
Some vulnerabilities in Euler v2 were found and resolved, and a subsequent $1.25 million bug bounty contest found no vulnerabilities of medium or greater severity. Go to Source
1Password patches flaw in Mac version that could have created attack vector
The flaw consisted of missing inter-process validations, which could have allowed an attacker to hijack the 1Password browser extension or command line interface. Go to Source
Ronin Network Faces New Security Scare Involving $9.33 Million
The Ronin blockchain, widely known for its association with the popular game Axie Infinity, is under scrutiny once again. According to PeckShield, Ronin is suspected of being hacked, with an estimated $9.33 million at risk. This comes in the wake of a major security breach in March 2022, where Axie Infinity’s sidechain, Ronin Network, suffered … Read more
Convergence congratulates attacker, attempts to open negotiations
The Convergence team posted a message to the Ethereum network, stating it believes the attacker ‘acted as a white hat.’ Go to Source
Ronin ‘white hat’ attacker returns $10M in ETH after apparent accidental front-run
The MEV bot returned nearly all of the funds, and the team claimed that $500,000 was being paid to it as a bounty. Go to Source
