Lazarus Group Attacks Euler Finance’s Crypto Hackers in North Korea-Linked Cybersecurity Incident
The Lazarus Group, a notorious hacking group believed to be associated with North Korea, has targeted the hackers who recently stole almost $200 million worth of cryptocurrency from Euler Finance, a DeFi lending platform built on the Ethereum blockchain. According to Coindesk's sources, Lazarus h ...
USDC Stablecoin Redemption Amounts to $6 Billion, Circle Reports
According to data from the analytical platform CryptoCompare, users are actively redeeming USD Coin (USDC) to Circle, with a total of $6 billion worth of stablecoins exchanged for fiat. Although Circle, the issuer of USDC, claims to fulfill all withdrawal requests promptly, representatives from t ...
Will MATIC Fall Below $1? On-Chain Data Shows Lack of Interest in Polygon Network
In the midst of a downturn in the overall cryptocurrency market, the performance of Polygon has been less than stellar. However, on-chain data suggests that the MATIC rate may experience even more significant losses due to a lack of interest from retail investors. Polygon network is ...
Technical Analysis and Price Forecast for Cosmos (ATOM)
The Cosmos (ATOM) cryptocurrency has recently started to reverse its downtrend, approaching a significant resistance line. Cosmos is an ecosystem of decentralized and scalable blockchains that aims to create an "Internet of Blockchains" where users can interact in a decentralized manner. The n ...
Thai Immigration Officers Kidnap Chinese Citizen and Translator for Crypto Ransom
On March 10, it was reported that the Thai authorities had issued arrest warrants for four immigration officers who allegedly kidnapped a Chinese citizen and his translator, and coerced them into transferring 30,000 USDT stablecoins. The incident occurred when a local resident, who was working as ...
Coinbase tests ChatGPT for Smart Contract Risk Assessment
Coinbase recently tested the effectiveness of ChatGPT in evaluating the risk levels of various tokens. To conduct the experiment, Coinbase's employees analyzed 20 smart contracts of different tokens for potential risks and then compared their findings to ChatGPT's results. In 12 of the 20 cases, ...
Bitcoin Rally Stalls as Miners and Exchanges Urge Caution
Bitcoin recently surged to test the $28,000 level once again, marking a nine-month high. Despite the bullish momentum, there are warning signs that suggest caution is needed, as the influx of BTC into exchanges and rising mining costs could impede further price gains. Miners can slow down ...
Harvest Keeper Exit Scam: Developers Flee with Millions of Dollars in User Assets
The decentralized platform, Harvest Keeper, which claimed to use artificial intelligence technology based on ChatGPT to optimize trading and generate profits, has left its users in dismay. The developers behind the project promised an impressive return of 101% in just 21 days, but suddenly disapp ...
BlockSec Prevents $5 Million NFT Theft from ParaSpace’s Lending Protocol
BlockSec security experts successfully thwarted an attempted theft of 2,900 ether worth $5 million from Paraspace's decentralized lending protocol, which allows users to lend and borrow crypto assets on the Ethereum blockchain. The vulnerability in the platform's lending protocol allowed hackers ...
General Bytes Crypto ATM Hack Results in $1.5M in Stolen Assets
General Bytes, a manufacturer of cryptocurrency ATMs, has recently reported a security breach in its cloud platform, resulting in the theft of over $1.5 million worth of users' assets. According to a statement released by the company, the hackers were able to install malware on the devices, allow ...