Cybercrime

Hackers mint 1 quadrillion yUSDT in $11.6M Yearn Finance exploit
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17 April, 2023

Hackers mint 1 quadrillion yUSDT in $11.6M Yearn Finance exploit

The hackers exploited a vulnerability in an outdated Yearn Finance contract, minted the yUSDT and swapped it for millions of...
Australia weighs banning ransomware payments amid hike in attacks
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14 April, 2023

Australia weighs banning ransomware payments amid hike in attacks

Australia is considering a proposal to ban ransomware payments which some experts claim would disincentivize the hackers in the wake...
CFO Summit Day 2 delves into finance sector’s shift to digital transformation, along with its challenges and realities
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12 April, 2023

CFO Summit Day 2 delves into finance sector’s shift to digital transformation, along with its challenges and realities

Executives from the government and the finance space gathered on the Day 2 of the CFO Summit 2023 to discuss...
DOJ nets $112M from fraudsters dabbling in pig butchering scam
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10 April, 2023

DOJ nets $112M from fraudsters dabbling in pig butchering scam

Amid turbulence in the digital assets market, fraudulent activities like pig butchering scams continue to proliferate, with the U.S. DOJ...
Nigerian fintech giant Flutterwave loses $6.4M in hack, and traders are feeling the heat
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2 April, 2023

Nigerian fintech giant Flutterwave loses $6.4M in hack, and traders are feeling the heat

Flutterwave has attempted to cover up the hack despite a court petition to freeze accounts, with digital asset traders crying...
Elite North Korean hacking group exploits ‘crypto’ services to launder stolen currencies, strategic surveillance
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31 March, 2023

Elite North Korean hacking group exploits ‘crypto’ services to launder stolen currencies, strategic surveillance

While APT43 works independently from the government, the hacking group performs in line with the North Korean regime's ambition—to bolster...
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