Coinbase Hack Shakes the Company That Pioneered Crypto Adoption

Coinbase Faces Significant Security Breach The recent hack of Coinbase Global Inc. highlights serious vulnerabilities in the cryptocurrency sector, revealing economic impacts that may be greater than previously seen. The company anticipates costs of around $400 million related to this incident, which is concerning, especially given Coinbase’s influential position in the industry. As the first […]

Coinbase hack exposes customer information

Coinbase Faces Setback Following Cyberattack Paul Grewal, Coinbase’s Chief Legal Officer, stated that the Securities and Exchange Commission plans to halt litigation against the cryptocurrency exchange in its “final results.” On Thursday, shares of Coinbase Global dropped over 7% after the exchange disclosed the potential financial fallout from cyberattacks, estimating losses could reach up to […]

DoubleClickjacking hack turns double-clicks into account takeovers

These days, you can set a hacker to reach your information by double clicking on a website without thinking about anything. A new hacking trick called “doubleclickjacking” changes the usual action into a sly way for attackers to control their accounts and change device settings. Let's break it down. Be protected and provide information! Get […]

North Korea behind $1.5bn hack of crypto exchange ByBit, says FBI | North Korea

North Korea was behind the theft of about $1.5 billion in virtual assets from cryptocurrency exchanges, the FBI said in what is called the biggest robbery in history. The haul, which reportedly lost some of its value, exceeded the previous record total of $1 billion stolen by dictator Saddam Hussein from the Iraqi central bank […]

North Korean hackers behind $1.5 billion crypto hack: Security firm

North Korean hackers were behind a sophisticated hack that stole around $1.5 billion worth of digital currency from BYBit, the major cryptocurrency exchange. Security Company TRM. “TRM has determined that the Bybit Hack was made by a North Korean hacker,” the company's statement read Friday. “This assessment is based on the substantial overlap observed between […]

Man pleads guilty in hack of SEC's X account that claimed approval of bitcoin ETFs – CNBC

Omar Marquez | Lightrocket | Getty Images The Alabama man pleaded guilty Monday in federal court in connection with the January 2024 hack. Securities and Trade CommissionXX account used to incorrectly claim that the SEC has approved exchange trading funds Bitcoin. According to the Justice Department, 25-year-old Eric Council Junior has admitted to conspire with […]

SEC X Account Hack Over Bitcoin ETF Post Leads to Guilty Plea – Yahoo Finance

(Bloomberg) – An Alabama man pleaded guilty to joining a Securities and Exchange Commission X account hack. Most of them read from Bloomberg Eric Council Jr., 25, admitted to conspiring to commit aggravated identity theft and access device fraud in Washington federal court on Monday. Judge Amy Berman Jackson set the sentencing date on May […]