A hacking group named Gonjeshke Darande, or “Predatory Sparrow” in Farsi, recently took credit for a successful cyberattack. Their aim was directed at Nobitex, Iran’s biggest cryptocurrency exchange. The group obnoxiously and braggingly asserted that it hacked $90 million+. They funneled most of the money to addresses that included language...
In 2024 so far, decentralized finance (DeFi) users have lost almost US$1.5 billion. This overwhelming loss comes from security exploits and fraud, highlighting the dire implications of dangerous vulnerabilities within this fast blossoming industry. A recent study provides disturbing insights into the security practices of crypto investors. Too many people...
The decentralized finance (DeFi) ecosystem is an exciting, but risky, landscape. And while hacks and exploits are all too real still these days, KiloEx’s story comes with a positive twist. This article goes deep into KiloEx hack. It looks in-depth at the mechanics, charts Kilo’s remarkable recovery journey and analyzes...
