In the first quarter of 2025, crypto theft surged dramatically, with over USD 1.67 billion stolen in 197 attacks, including a historic heist where North Korean hackers took USD 1.5 billion in Ethereum from ByBit. This alarming trend highlights the growing risks associated with cryptocurrency, as thieves exploit the decentralized and swift nature of these ...
The Bitcoin network has achieved a significant milestone by surpassing a hashrate of 1 Zetahash per second (ZH/s) for the first time in its 16-year history. This accomplishment, noted on April 5, reflects a substantial increase in the network’s computational power and decentralization, enhancing its security against potential attacks. The rise in hashrate coincides with ...
Jameson Lopp, security chief at Bitcoin custody firm Casa, has raised concerns about Bitcoin address poisoning attacks, a type of scam where fraudsters use similar-looking addresses from victims’ transaction histories to trick them into sending funds to a malicious address. In his article, Lopp explains that these attacks have been tracked since mid-2023, with nearly ...
Decentralized exchanges (DEXs) are increasingly competing with centralized platforms, despite facing security challenges, like the recent $6.2 million exploit on Hyperliquid. A trader, referred to as a whale, profited from the Jelly my Jelly (JELLY) memecoin by manipulating liquidation parameters. This incident marked the second significant exploit on Hyperliquid within a month, raising concerns about ...
Security remains a significant hurdle for the widespread use of cryptocurrency payments, with over 37% of investors citing it as their main concern due to ongoing hacks and phishing scams. Despite this, nearly half of the users prefer cryptocurrency for its speed and efficiency. To enhance security, Bitget Wallet has introduced multi-layered protection features, including ...
Cryptocurrency investors are concerned about the future security of platforms like Bitcoin, especially with the rise of quantum computing. While Bitcoin’s stable character is often praised, its ability to adapt to new security threats is under scrutiny. Some believe that quantum computers could eventually compromise Bitcoin’s encryption, leading to massive data manipulations. However, it’s important ...
The Glasgow Police Department has issued a warning to residents about ongoing Bitcoin ATM scams in the area. They advise individuals to verify the legitimacy of any Bitcoin or gift card purchases by contacting the department at 270-651-5151. To avoid falling victim to scams, residents should not engage with scam attempts and report them immediately. ...
A new email campaign is tricking people by posing as Binance and offering fake TRUMP coins. If someone follows the email instructions to download “Binance Desktop,” they actually download a malicious program called ConnectWise RAT instead. This program allows cybercriminals to take control of infected computers within minutes. The attackers used clever tactics to make ...
SEALSQ Corp has introduced the QS7001 Post-Quantum Secure Chip to enhance the security of cryptocurrency wallets against future quantum computing threats. This innovative chip uses advanced, quantum-resistant cryptographic algorithms recommended by NIST to protect digital assets from potential vulnerabilities. With quantum computing advancing rapidly, traditional cryptography is at risk, allowing attackers to derive private keys ...
As the shift to Web3 technologies grows, the security of digital currencies becomes increasingly important for everyone involved. Cryptocurrencies like Bitcoin and Ethereum, while revolutionary, introduce complex risks. In 2024, over $2.2 billion was lost to crypto hacks, a trend that intensified in early 2025 with nearly $2 billion in thefts attributed to sophisticated groups ...
