Bad actors are using artificial intelligence (AI) to make their scams bigger, smarter, and harder to detect. These scams include cryptocurrency scams, blackmail, and tech support fraud, robbing victims of billions of dollars each year. These criminals are always one step ahead and changing tactics. This rapid evolution is leaving...
A security breach was recently discovered in the open-source JavaScript library of XRP Ledger, one of the oldest blockchain networks, launched in 2012. Security firm Aikido, a blockchain security specialist, found some suspicious code in XRP’s JavaScript package that led to the discovery of a crypto-stealing backdoor. The XRP Ledger...
Aikido, a software security company that focuses on developer oriented security tools, identified a breach in the XRP Ledger’s JavaScript library (xrpl.js). Without compromising user safety, they succeeded in neutralizing the threat. On April 21, we learned of a breach that affected xrpl.js versions 4.2.1 through 4.2.4. This component is...
Decentralized Finance (DeFi) grew quickly from its starting point on the Ethereum blockchain, a burgeoning multi-chain ecosystem. Through multi-chain implementations, DeFi bridges have become critical infrastructure, allowing users to move assets and data freely between different blockchain networks. These bridges are not only conduits of transportation, they facilitate socioeconomic opportunities....
R0AR, a gamified cryptocurrency platform registered in Kingstown, Saint Vincent & The Grenadines, has announced it’s suffering a critical token drain attack. This self-enforced issue is currently hitting its $1R0R token hard. A previously undiscovered vulnerability in the staking contract was at fault for the incident. As punishment, the token’s...
Solana (SOL) is displaying upward momentum, and with it, causing some bullish optimism among crypto investors and analysts. The community sentiment is reflected in the network’s Total Value Locked (TVL), which has surged, among other key indicators, heralding a big breakout ahead. Bullish signals on the Solana horizon growing whale...
Fast forward to 2025, where digital currency use is just as widespread, but cyber thievery is more advanced. Victims of crypto heists often find themselves in a maze of complex technology and international jurisdictions, with little hope of recovering their assets. At least one company, HackersTent Recovery Service, has already...
Zero-Knowledge Proofs (ZKPs) are quickly becoming a vital line of defense in the fight against cyber-attacks. They are incredibly protective shields against phishing, identity theft, and smart contract vulnerabilities. ZKPs allow users to prove their identity or ownership of information without disclosing any confidential information. By using this approach, the...
In first place, AOL, owner of the Yahoo family of brands. This wide-ranging compilation features a mix of in-progress and completed sites, apps, and digital services. This huge public network includes well-known properties such as Yahoo, AOL, and Yahoo Advertising. They do so with an unmatched, incredible offering of services...
The cryptocurrency landscape is at a decisive moment. Illicit activities like fraud and counterfeiting are increasing, with experts predicting their value will exceed $51 billion in 2024. This alarming increase not only proves a demand for more security measures but greater security awareness in the digital asset space.So far in...
