🔐 Cyber News (Aug 9, 2024):

1️⃣ AFP: The Australian Federal Police have launched an investigation into a cryptocurrency fraud scheme that has impacted over 2,000 wallets. 🕵️‍♂️

2️⃣ PeckShield: The #Ronin sidechain, integral to the blockchain game Axie Infinity, has reportedly fallen victim to yet another hacker attack. Two suspicious withdrawals were detected, totaling $9.33 million and $2 million. 💰

3️⃣ Cyvers: Nexera, a blockchain infrastructure protocol, has suffered a security breach. The #Nexera team confirmed a vulnerability within their smart contracts. As a precaution, they’ve suspended trading of the NXRA token on decentralized exchanges and are in discussions with centralized platforms to manage the situation. 🚨

4️⃣ AFM: Kazakhstan's Agency for Financial Monitoring (AFM) has uncovered 18 criminal cases involving illegal cryptocurrency operations and mining, with a total turnover exceeding 36 billion tenge ($75.4 million). In 2024, six convictions were handed down for illegal digital asset trading. Pre-trial investigations have led to the seizure of assets valued at 1.2 billion tenge ($2.51 million). ⚖️

5️⃣ Laine: #Solana developers, validators, and client teams have successfully addressed a critical network vulnerability through a coordinated update effort. 🛠️

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