PeckShield reported 55 significant cryptocurrency hacks in September, resulting in total losses amounting to $766.49 million. That figure represents an increase of approximately 462% compared to August’s $136.3 million, with two incidents responsible for nearly the entirety of this rise. The Bitget incident, amounting to approximately $387 million, and the Liquid Network theft, totalling around … Read more
Open-source artificial intelligence facilitates the concealment of malicious code on blockchains, thereby introducing a new challenge for an already beleaguered crypto industry facing escalating cybercrime. According to a report released on Thursday, there has been a staggering 440% increase in instances of malware instructions embedded within on-chain transactions and smart contracts over the past year, … Read more
A blockchain utilised by multiple cryptocurrency exchanges for Bitcoin transactions has been compromised, resulting in a loss of $320 million. This incident marks the latest in a series of breaches that have undermined confidence in the security of digital assets. Approximately 4,000 of the 4,200 Bitcoin contained in a wallet associated with the Liquid Network … Read more
