Introduction In a striking turn of events, the U.S. Securities and Exchange…
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Hacking
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This category explores the multifaceted world of hacking, encompassing both its ethical (white-hat) and malicious (black-hat) aspects. Topics include the latest cybersecurity threats, notable data breaches, advances in hacking techniques, and countermeasures.
North Korea Cyber-Heist: Stealing $600 Million in Crypto in 2023
TRM Labs reports that North Korean hackers stole USD 600 million in cryptocurrency in 2023. This figure could rise to USD 700 million with additional hacks. These thefts account for nearly a third of all crypto stolen last year, down from USD 850 million in 2022.
Gamma Strategies Identifies Cause of Vault Exploit
Gamma Strategies, an Ethereum-based liquidity management protocol, has recently disclosed the primary cause of the exploit attack on its vaults. In a recent tweet, the company stated that they have preliminarily identified the root cause of the security breach.
Gamma Strategies Negotiates with Hacker Following $3.4 Million Cyber Theft
Gamma Strategies, an Ethereum-based liquidity management protocol, has reached out to the hacker responsible for a recent cyber theft, seeking to negotiate a bounty. This move aims to recover the $3.4 million in digital assets lost in the exploit.