There was a time when we used to call these types of hacks complex. There are run of the mill hacks and demonstrate the depth and breadth of the Kill Chain. The hack, if successful, would pay a high reward…
There goes another $286 million in crypto gone as North Korean hackers appear to have used the admin’s private keys to gain privileged access to the Drift Protocol, the largest decentralised futures exchange on the Solana blockchain. Suspicion falls on…
You couldn’t shift $5bn in cash, you’d need a few lorries. Bitcoin on the other hand, it’s just a few 1s and 0s. @Thaddeus Dziekanowski Brian D. McCarthy Faisal Khan Veritas GRC #cybersecurity #crypto BBC News – Chinese woman convicted…
A nice little earner, Rodney. As the Lazarus group reportedly cashed in $300m of the $1.5bn in crypto stolen from ByBits last month.Crypto theft has been a sweet spot for North Korean Hackers who use the funds to provide liquidity…
The largest theft of Crypto in history, as its announced $1.5 Billion (yes that’s a B) has been stolen from Dubai-Based company Bybit’s Ethereum Wallet. It’s a further evidence (if one were ever needed) of the challenges the crypto industry…
A nice little earner. It should fund a few more missiles.@Thaddeus Dziekanowski Veritas GRC #cybersecurity #cyberriskmanagement #crypto View Original Post
A very important move by the British Government, as it introduces a Bill to clarify Cryptos legal status. Bitcoin and other digital assets can be considered personal property under new draft law introduced in Parliament today (11 September 2024). Interestingly…
The Crypto cases keep on rolling as the SEC has announced that it is suing the cryptocurrency company NovaTech. Saying it raised over $650 million from more than 200,000. In what appears to be a ponzi scheme, using new investors…
Indian Crypto exchange Wazirx may have been hacked, losing a reported $230 million. In a hack that reads like a bridge related compromise. What’s $230 million in crypto, it’s unregulated, just mine some more. If this were a bank, the…
The SEC has announced charges against the former CEO, CRO and CFO with misleading investors about the strength of its Bank Secrecy Act/Anti-Money Laundering (BSA/AML) program and monitoring of crypto customers. The SEC’s complaint alleges that Silvergate and the CFO misrepresented…
