CoinsPaid Payment Gateway Suffers $7.5M Hack — Cyvers
CoinsPaid, a cryptocurrency payment gateway, has suffered its second security compromise in six months. Cyvers, a Web3 security firm, disclosed detected unauthorized transactions worth approximately $7.5 million. On January 6, the artificial intelligence system of Cyvers identified several anomalous transactions, which authorized the withdrawal of digital assets valued at $6.1 million in Tether, Ether, USD […]
CoinsPaid Gets Hacked Again, Losing Over $7m
CoinsPaid, an Estonian provider of cryptocurrency payment services, was the target of a cyberattack that led to the theft of about $7.5 million in cryptocurrency on the Ethereum (ETH) and Binance (BNB) chains. The hack was discovered by the Cyvers platform’s real-time security notifications on X social media. The money from CoinsPaid has been stolen […]
North Korean Hackers Allegedly Stole $700M Crypto in 2023
According to research conducted by TRM Labs, North Korean hackers may have stolen as much as $700 million in cryptocurrencies in 2023. TRM Labs, a firm specializing in blockchain intelligence, has estimated that Democratic People’s Republic of Korea (DPRK)-affiliated organizations stole approximately 33 percent of all cryptocurrencies through hacking in 2023. TRM Labs estimated in […]
Certik Falls Victim to Phishing Scam Via Social Media Breach
A social media vulnerability exposes Certik to a phishing scam, prompting inquiries into the efficacy of crypto security protocols. Certik, an organization specializing in blockchain security auditing, encountered a substantial security vulnerability on January 5, 2024. The occurrence transpired during the wee hours of Friday and entailed the compromise of the social media accounts affiliated […]
Gamma Strategies Suspends Deposits Following $3.4M Hack
With proactive measures and a bounty for the return of assets, Gamma Strategies reacts decisively to the $3.4 million Ethereum breach. The Ethereum-based liquidity management protocol Gamma Strategies has discovered a security vulnerability. As a result of this unauthorized extraction of digital assets worth $3.4 million, Gamma has implemented atypical measures in its aftermath management. […]