Artificial intelligence (AI) is changing the game when it comes to cryptocurrency security, providing robust tools to fight increasingly sophisticated cyber threats. AI-powered tools are doing this already, actively flagging attacks as they’re occurring—not after the fact. They simplify user identity verification processes and increase the security posture of digital...
On May 25, a critical vulnerability was found in Commvault’s Command Center environment. The vulnerability, rated the highest severity CVSS 10, would lead to unauthenticated remote code execution. This weakness is a terrible danger. It would completely breach the Command Center itself, leaking sensitive information and interrupting vital command center...
Following the death of Pope Francis, cybercriminals have launched a series of scams and malware attacks, exploiting public interest and grief. An illustrative photo originally published in February 2025. It has unfortunately now spread to numerous forums and social media sites forcing them to visit malicious sites. This latest incident...
In a surprising turn of events, the hacker responsible for the $7.5 million theft from decentralized exchange KiloEx has returned the full amount. KiloEx has presented a tempting challenge. To that end, they are offering a 10% “white hat” bounty to the person(s) who can return 90% or more of...
KiloEx, a decentralized finance (DeFi) platform, released details of a massive compensation scheme. We welcome this plan and its efforts to protect users affected by the recent security breach. The platform is focused on reimbursing the users who lost money in the exploit. Simultaneously, it is putting into place extensive...
Cryptocurrency scams in the United States recently skyrocketed, with reported losses amounting to $9.3 billion in 2024. According to the FBI’s Internet Crime Complaint Center (IC3), cryptocurrency scams have exploded by an eye-popping 66% over last year. This shocking trend has an impact across the lifespan, but older Americans are...
Eugene William Austin Jr., 62, of Port Jefferson, New York, was sentenced to 18 years in prison. He led a complex, multi-year scheme that defrauded more than two dozen victims of almost $12 million. Nicky Austin was sentenced today by U.S. District Judge P. Kevin Castel.In September 2024, a federal...
On April 24, KiloEx, a decentralized finance (DeFi) platform, made a public statement that it would reimburse traders and stakers. This decision follows a $7.5 million exploit that prompted the platform to briefly go offline earlier in April. Bonus rewards for Stakers Along with giving full refunds to traders, the...
ZKSync has done a commendable job in revoking over $5 million in tokens. A smart hacker took a 10% bounty to return the assets they stole. After reporting the hack on March 30, on April 23, the company announced that the hacker had acted in good faith. They did manage...
A new cybercrime campaign dubbed “Elusive Comet” is gaining speed. In particular, it’s aimed at professionals working in the growing cryptocurrency space, with Zoom being the cybercriminals’ primary attack vector. The campaign has to date inflicted more than 9 billion dollars in financial damages on its victims. This case sheds...
