Origin Protocol has announced its yield-generating stablecoin protocol, OUSD, has been hacked and drained of at least $7 million Origin Dollar (OUSD), the yield-generating stable token launched by Origin Protocol in late-September, has been hacked to the tune of $7 million. On Nov. 17, Origin Protocol founder Matthew Liu announced the stablecoin had been hacked, […]
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There is a way to give the voting system greater legitimacy and veracity: backing it with blockchain technology. The COVID-19 pandemic has impacted people’s lives, the relationship between governments and citizens, and the entire world economy, and of course, it has had a major impact on the United States presidential election. Due to social isolation, […]
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After a major leak of email and personal information earlier this year, Ledger customers are experiencing a surge in phishing attempts. Phishing attempts and scams against Ledger wallet owners are on the increase with one such scam netting more than 1,150,000 XRP from its victims. The scam used a phishing email that directed users to […]
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A relatively benign attack highlighted the potential threat of flash loans. The MakerDAO (MKR) community is urgently implementing measures to prevent voting manipulation through flash loans. This was precipitated by what is likely the first instance of the feature being used to influence a DeFi governance vote on Oct. 26. According to a post published […]
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The platform got hacked not once, but thrice, putting the team through a trial by fire. Decentralized finance platform bZX has frequently been in the spotlight this year, only not for the right reasons. Most DeFi platforms popular today, including bZX, began their journey around 2018, at the tail-end of the initial coin offering boom. […]
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At least 20 crypto executives and customers of an Israeli telecommunications company were targeted in a sophisticated SS7 attack last month. Hackers compromised the Telegram messenger and email accounts of multiple cryptocurrency executives last month by exploiting a vulnerability in a decades old protocol. The fraudsters are believed to have been trying to intercept two-factor […]
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A crypto mining botnet called Lemon Duck is spreading through Windows 10 computers, infecting users through fake Covid-19 emails. Since the end of August, cybersecurity researchers have identified increased activity on a crypto mining botnet called “Lemon Duck”. The botnet has been around since December 2018, however a big jump in activity over the past […]
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Using weak seed phrases means instant loss of funds on the Bitcoin network. The concept of a blockchain “dark forest” has been popularized recently by Ethereum and the existence of front-running bots that will copy any profitable transaction pending for submission. The bots are able to assess if any given transaction that just entered the […]
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Cosmos have announced a new bug bounty to rigorously vet the forthcoming Stargate upgrade to ensure no vulnerabilities are missed. In the lead up to its major network upgrade Stargate, Cosmos (ATOM) has announced a three-month-long bug bounty with double rewards to improve the software’s robustness prior to release. The key Stargate upgrade will complete […]
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The lightning vulnerability was made public on Oct 9. Lightning network node operators running LND versions prior to the Oct. 1 version 0.11 upgrade have been urged to upgrade immediately after a vulnerability was discovered affecting LND versions 0.10 and below. The vulnerability was made public in an Oct. 9 announcement from Lightning engineer Conner […]
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