cybersecurity

Zoom Hacked! Crypto Pros Targeted in 'Elusive Comet' Attack

Zoom Hacked! Crypto Pros Targeted in 'Elusive Comet' Attack

In the fast-paced world of cryptocurrency, staying ahead means not only understanding market trends but safeguarding against increasingly sophisticated cyber threats. MetaBlock X is committed to providing you a strategic advantage. That will prepare you to make sense of the convoluted landscape to come with assurance and aplomb. Recent reports...
Zoom-Based Crypto Heist: "Elusive Comet" Targets Digital Asset Pros

Zoom-Based Crypto Heist: "Elusive Comet" Targets Digital Asset Pros

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...
The Rise of AI-Powered Scams: A Deep Dive into Modern Fraud Tactics

The Rise of AI-Powered Scams: A Deep Dive into Modern Fraud Tactics

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...
Zoom Crypto Theft: Are YOU Next? 5 Ways to Protect Yourself

Zoom Crypto Theft: Are YOU Next? 5 Ways to Protect Yourself

Now imagine doing that watching your life savings disappear within minutes. Well, that’s precisely what happened to Jake Gallen, CEO of Emblem Vault. His campaign “Elusive Comet” cost him more than $100,000 in digital assets due to the nature of the hack. This sophisticated attack normalized the exploitation of something...
Zoom Crypto Heist: 3 Reasons Why Regulations Are Failing Us

Zoom Crypto Heist: 3 Reasons Why Regulations Are Failing Us

Shortcomings in the “Elusive Comet” attack should serve as a wake-up call. Someone lost $100,000. One hundred thousand dollars! Gone because of a Zoom exploit. We should have a serious discussion about why our existing crypto regulations have not only failed consumers, but you and I. It’s not only the...
5 Ways AI is Supercharging Crypto Scams (and How to Fight Back)

5 Ways AI is Supercharging Crypto Scams (and How to Fight Back)

That's what the crypto space often feels like, isn't it? Exciting, full of potential, but lawless. And now AI is giving the outlaws the keys to the castle.AI's Deepfake DeceptionI've always said, trust your gut. But what do you do when your gut is getting gaslit by a hyper-realistic deepfake?...
Scams 2.0: How AI & Tech Power the Next Wave of Fraud

Scams 2.0: How AI & Tech Power the Next Wave of Fraud

Today’s rapidly evolving digital landscape is making these scams easier, more lucrative and more sophisticated. They use the most sophisticated artificial intelligence and technology to trick and defraud people and organizations. MetaBlock X knows that it’s important to stay informed and stay active in protecting against these new and emerging...
XRPL Hack: A Wake-Up Call for Blockchain's Supply Chain Security

XRPL Hack: A Wake-Up Call for Blockchain's Supply Chain Security

The recent XRPL hack, discovered by Aikido, wasn't just another bug fix. It was a flashing red light illuminating a critical weakness in the very foundation of blockchain development: our reliance on the supply chain. Too many see blockchain as an impenetrable fortress. Yet as this incident illustrates, even the...
Security Experts Uncover Crypto-Stealing Backdoor in XRP Ledger's Code Library

Security Experts Uncover Crypto-Stealing Backdoor in XRP Ledger's Code Library

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...
R0AR's $1R0R Hack A Wake-Up Call

R0AR's $1R0R Hack A Wake-Up Call

DeFi offered this fantasy, this financial freedom from the dark underbelly of Wall Street. The recent R0AR $1R0R exploit, where a "trusted" external developer inserted a backdoor into a staking contract and siphoned off nearly $785,000, screams a harsh truth: DeFi's current "trust us" model is fundamentally broken. In practice,...