Polygon’s Discord Channel Hacked; Admins Regain Control Amid Security Concerns

Polygon’s community Discord channel was compromised in a recent cyberattack, raising security concerns among users. The platform’s administrators have regained control and are working to restore the channel to its original state. Polygon Discord Breached—Admins Regain Control Access Polygon‘s chief information security officer, Mudit Gupta, explained that the Discord channel was compromised, cautioning users to … Read more

Whale Loses $55.47M DAI In Phishing Attack: A Cautionary Tale

In a devastating phishing attack, a crypto whale lost 55.47 million DAI due to a careless mistake. The incident unfolded when the whale unknowingly signed an unknown transaction 13 hours ago, inadvertently setting the owner of his 55.47 million DAI in Maker to a phishing address: “0x0000db5c…41e70000.” This critical error allowed the attacker to gain … Read more

Hackers Exploit McDonald’s Instagram to Promote Fake Grimace Coin, Netting $700,000 in Solana

Hackers recently took control of McDonald’s official Instagram account to promote a fraudulent Grimace meme coin, successfully scamming users out of $700,000 in Solana. The attackers also compromised the personal X account of McDonald’s Senior Marketing Director to further spread the scam. Grimace Coin, originally created as a meme token inspired by a social media … Read more

$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 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