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BonqDAO protocol suffers $120M loss after oracle hack

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A small decentralized autonomous organization (DAO) has suffered a rather sizeable smart contract exploit, leading to an estimated $120 million being stolen from its protocol.BonqDAO told its Twitter followers...

Developers seek solutions for Web3-related scams from internet browsers

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A big concern for users in decentralized finance (DeFi) is its susceptibility to exploits. A report from Privacy Affairs revealed hackers stole $4.3 billion worth of cryptocurrency from January to...

Prilex PoS Malware Evolves to Block Contactless Payments to Steal from NFC Cards

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By: Feb 01, 2023Ravie LakshmananPayment Security / Risk The Brazilian threat actors behind an advanced and modular point-of-sale (PoS) malware known as Prilex have reared their head once again with...

New “MITRE ATT&CK-like” framework outlines software supply chain attack TTPs

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A new open framework seeks to outline a comprehensive and actionable way for businesses and security teams to understand attacker behaviors and techniques specifically impacting the software supply chain....

Wormhole wins second ‘temp check’ to become bridge for Uniswap governance

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The Uniswap DAO has approved a second non-binding proposal, called a “temperature check,” to make Wormhole the official bridge for cross-chain governance of the protocol between BNB Chain and...

Crypto exploit losses in January see nearly 93% year-on-year decline

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Aside from the bullish crypto market rally in January, there’s been more positive industry news as the month saw a steep decline in losses from exploits compared to the...

New Report Reveals NikoWiper Malware That Targeted Ukraine Energy Sector

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By: Jan 31, 2023Ravie LakshmananCyber War / Malware The Russia-affiliated Sandworm used yet another wiper malware strain dubbed NikoWiper as part of an attack that took place in October 2022...

IoT, connected devices biggest contributors to expanding application attack surface

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The growth of the internet of things (IoT) and connected devices are the biggest contributing factors to organizations’ expanding attack surfaces. That’s according to a new report from Cisco...

Here’s how to prevent NFT theft, according to industry professionals

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As nonfungible tokens (NFTs) attract more users, they also capture the eyes of scammers. Bad actors in Web3 have set their sights on digital collectibles, with millions being lost...

Hackers breach Azuki’s Twitter account, stealing $758K in 30 minutes

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Azuki, a popular nonfungible token (NFT) project, had its Twitter account compromised on Jan. 27, leading to hackers stealing over $750,000 worth of USD Coin (USDC) by posting a malicious “wallet...