Oct 17Bitcoin Mining Activity Soars to New Heights as Difficulty Reaches Record HighBitcoin’s mining difficulty has achieved a fresh peak, surging by 6.47% on Monday, making it increasingly challenging for miners to unlock new blocks. According to CoinWarz data, the current mining difficulty for Bitcoin, which represents the estimated number of hashes needed to mine a block, now stands at a staggering…Bitcoin2 min readBitcoin2 min read
Jul 17Over $300 Million Lost to Web3 Hacks and Exploits in Q2 2023: A Startling ReportThe rapid growth of the Web3 ecosystem has brought immense opportunities and innovation to the world of cryptocurrencies. However, as the ecosystem expands, so do the risks associated with it. A recent report reveals that the second quarter of 2023 witnessed a staggering loss of over $300 million due to…Blockchain3 min readBlockchain3 min read
Jun 5Understanding the Rising Tide of Crypto Rug Pulls: A Comprehensive AnalysisIn the ever-evolving landscape of cryptocurrency, new risks and challenges continue to emerge. One such phenomenon that has garnered significant attention in recent times is the occurrence of rug pulls. These rug pulls, characterized by sudden and deliberate value collapses, have left investors and enthusiasts wary of the inherent risks…Crypto3 min readCrypto3 min read
May 1CryptoApril’s Crypto Chaos: Scams, Exploits, and Hacks Result in $103M in LossesThe world of cryptocurrencies is evolving rapidly, but it’s also plagued with a significant number of scams, exploits, and hacks. This was particularly evident in April 2023 when the cryptocurrency market experienced another wave of malicious activities that resulted in a loss of $103 million. While this is a cause…Crypto Hack4 min readCrypto Hack4 min read
Apr 24Trust Wallet Vulnerability: $88,000 Funds at Risk, but RefundedTrust Wallet, a popular mobile cryptocurrency wallet, recently announced that it had fixed a vulnerability that put users’ funds at risk. The vulnerability was discovered by a security researcher who reported it to the Trust Wallet team. …Crypto2 min readCrypto2 min read
Apr 1740% Increase in Cryptocurrency Phishing Attacks for 2022The cryptocurrency industry has always been a prime target for hackers and cybercriminals due to its decentralized and unregulated nature. As more people start to invest in cryptocurrencies, the number of phishing attacks targeting crypto holders has increased dramatically. …Crypto3 min readCrypto3 min read
Apr 13Crypto Industry Hit by Wave of Hacks and Breaches in Q1 2023The first quarter of 2023 has been a turbulent time for the cryptocurrency industry, with a series of high-profile hacks and security breaches making headlines around the world. …Hacks3 min readHacks3 min read
Apr 3Address Poisoning Attack: A New Way for Scammers to Steal Crypto TokensA new form of crypto scamming has emerged, known as an “address poisoning attack,” in which an attacker exploits vulnerabilities in the protocol to redirect crypto transfers to a different wallet address, leading to significant losses for the victim. Recently, an attacker was able to execute an address poisoning attack…Scams To Avoid2 min readScams To Avoid2 min read
Mar 27Arbitrum Discord Hacker Shares Phishing Announcement Amid Airdrop Hype: How to Protect Your CryptoArbitrum, a Layer 2 scaling solution for Ethereum, recently announced an airdrop of its native token, ARB, to its users. However, the airdrop frenzy was soon followed by a phishing attack on the Arbitrum Discord channel, which resulted in the loss of funds for some users. In this blog, we…Arbitrum2 min readArbitrum2 min read
Mar 24Arbitrum Community Warns of Imposters Offering Free ARB TokensAs the world of cryptocurrencies continues to evolve and grow, scammers and fraudsters are always looking for new ways to take advantage of unsuspecting investors. …Crypto2 min readCrypto2 min read
