MicroStrategy, the renowned business intelligence firm fell victim to a malicious cyber attack on its social media platform. On February 25th, the company’s official account began posting deceptive links, luring unsuspecting users into a fraudulent scheme promising a purported “official” Ethereum-based MSTR token airdrop. Upon clicking the link, users were
The biggest Spanish telecom company, Telefónica, has joined up with Web3 oracle provider Chainlink to strengthen defenses against SIM swaps, a common way hackers break into systems. Moreover, the two companies’ strategic partnership would “enable the secure connection” of smart contracts with other GSMA Open Gateway APIs, according to Telefónica’s
A Distributed Denial of Service (DDoS) assault has been reported on Solana’s Phantom wallet. The protocol has detected many attempts to overwhelm its systems, according to the team behind Phantom. PSA: We're currently experiencing a DDOS attack. There are attempts to overload our systems and some services may be temporarily
After a recent Distributed Denial-of-Service (DDoS) assault, the services of Justin Sun led crypto exchange HTX and its decentralized autonomous organization (HTX DAO) have been restored. The platforms’ resilience and sophisticated security mechanisms were on display during the short disruption of operations caused by the DDoS assault that occurred on
In the midst of a successful token listing on various exchanges, Layer-2 blockchain driven by zero-knowledge proof Manta Network was hit by a distributed denial-of-service (DDoS) assault. According to Kenny Li, co-founder of P0xeidon Labs—the cryptographic team of developers behind Manta Network—the nodes of the blockchain were subjected to more
The number of victims for a crypto hacker who specializes in “address poisoning attacks” has risen to 21. Moreover, in the last week alone, they have stolen almost $2 million from Safe Wallet customers. About 10 Safe Wallets lost $2.05 million due to poisoning assaults that occurred between November 26
The modern cybersecurity leader opens up new go-to-market channel on Amazon’s B2B Store AUSTIN, Texas–(BUSINESS WIRE)–CrowdStrike’s (NASDAQ: CRWD) AI-powered cybersecurity offering for small and medium businesses, CrowdStrike Falcon Go, is now officially available on Amazon Business. Designed to help small and medium businesses (SMBs) defend their operations from modern cybersecurity
On August 9, PeckShield, a blockchain security company, announced new vulnerabilities affecting DeFi initiatives. The company claims that a reentrancy assault affected Aave’s Earning Farm, leading to the loss of at least $287,000 in Ether. A reentrancy attack occurs when an attacker repeatedly submits and withdraws a money request in
A $1 million estimated attack caused Solana-based Cypher Protocol, a decentralized futures exchange, to suspend its smart contract. On August 7th, Cypher tweeted its users to let them know that the platform had encountered a security breach and had temporarily disabled its smart contract. The group has also reached out
Listed corporations, including crypto enterprises, are required by the U.S SEC to report annually on their “cybersecurity risk management, strategy, and governance.” In an effort to strengthen the relationship between investors and public corporations. The new regulation mandates that businesses report any “material” cybersecurity issues within four business days. Organizations
