CryptocurrencySecurity
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🔍 Blockchain data analysis company ChainArgos revealed that TrueUSD, initially claiming no connection to TEURO (a euro-linked stablecoin), admitted that TEURO was issued using one of TrueUSD's private keys. TrueUSD acknowledged exposure to hacking around September 18th, raising concerns about the security of TUSD's reserves. The situation becomes more complex with the issuance of 850 million TUSD by Justin Sun, the founder of Tron (TRX), just three days before the hacking incident.
#TrueUSD #TEURO #Hacking #CryptocurrencySecurity 🔐💰
#TrueUSD #TEURO #Hacking #CryptocurrencySecurity 🔐💰
🔒 WalletConnect, the Web3 cryptocurrency wallet connection protocol, has addressed a potential vulnerability highlighted by blockchain security firm CertiK. CertiK identified a cross-site scripting (XSS) flaw that could have potentially allowed users to approve malicious transactions. WalletConnect has since taken steps to enhance the security of its authentication API, effectively resolving the issue and bolstering the protocol's security. 🛡️🌐 #WalletConnect #CryptocurrencySecurity #VulnerabilityResolved
**Just In 🚨**: According to Immunefi, a Web3 bug bounty platform, the damage resulting from cryptocurrency-related security incidents, such as exploits (vulnerability exposure) and hacking, during the third quarter amounted to $685.5 million. This marks a significant increase of 59.9% compared to the damage incurred in the second quarter, which was $428.7 million. Notably, the mixin network and multi-chain hacking accounted for $126 million and $326 million, respectively, representing 47.5% of the total damage. #Immunefi #CryptocurrencySecurity #CryptoIncidents #BlockchainSecurity
🔒🕵️♂️ CertiK, the blockchain security expert, has unveiled insights from their investigation into the $1 million cryptocurrency-stealing operation named 'Faint'. 🚨🔍 Operating since 2022, the culprits remain unidentified. CertiK found Ethereum Name Service (ENS) domains linked to Faint, such as 'faintxbt.eth' and 'hzontop.eth'. Stay vigilant and protect your assets! 💻💰 #CertiK #CryptocurrencySecurity #FaintInvestigation #StaySafe
🔒🔍 Blockchain-focused security firm Peckshield revealed via Twitter that the CRV ecosystem DeFi protocol Zunami Protocol fell victim to a hacking attack, incurring over $2.1 million in losses. Peckshield noted that the attacker exploited a code vulnerability to manipulate the price of Zunami's own dollar-backed stablecoin, UZD. Incidents like these emphasize the importance of robust security measures within the DeFi space. 💻💰 #ZunamiProtocol #DeFiHack #CodeVulnerability #CryptocurrencySecurity
**News Update: 🌐💔 #CoinsPhHack**
Reports reveal that Philippines-based crypto wallet, Coins (Coins.ph), fell victim to an exploit, resulting in the theft of 12.2 million XRP ($6.31M). The hacker reportedly transferred the funds to various platforms, including OKX and Whitebit. Coins and fund manager Bitgo are yet to confirm the details. 🚨💼 #CryptocurrencySecurity
Reports reveal that Philippines-based crypto wallet, Coins (Coins.ph), fell victim to an exploit, resulting in the theft of 12.2 million XRP ($6.31M). The hacker reportedly transferred the funds to various platforms, including OKX and Whitebit. Coins and fund manager Bitgo are yet to confirm the details. 🚨💼 #CryptocurrencySecurity
URGENT: Binance Scam Alert! Don't Fall Victim to Fake Promises
A new wave of scammers has hit Binance, targeting unsuspecting users with false promises of huge rewards. These scammers claim that sending them tips on Binance Square will yield massive returns, such as 1 BTC or 0.5 BTC. But beware - this is a trap!
The scammer's post, which claims to have already rewarded 410 people with large amounts of Bitcoin, is a cleverly crafted lie. They demand tips in exchange for participation, claiming it's to prevent everyone from seeking "free money." But in reality, they're just looking to exploit your trust and steal your funds.
Here's how the scam works:
- The scammer posts a message promising unrealistic rewards for tips.
- They claim to have already rewarded several users with large amounts of Bitcoin.
- They demand tips in exchange for participation, using fake usernames and promises.
- Once they receive the tips, they change their username and disappear with your money.
PROTECT YOURSELF AND OTHERS
- Don't send tips to users making fake promises.
- Report suspicious posts immediately to keep Binance Square clean.
- Share your experiences and suggestions to help keep scammers at bay.
STAY SAFE, STAY VIGILANT
Remember, if it sounds too good to be true, it probably is. Always prioritize caution and never send funds to unverified users. Let's work together to keep Binance safe and secure for everyone.
#BinanceScamAlert #StaySafeInvestSmart #CryptocurrencySecurity #ScamRiskWarning
The scammer's post, which claims to have already rewarded 410 people with large amounts of Bitcoin, is a cleverly crafted lie. They demand tips in exchange for participation, claiming it's to prevent everyone from seeking "free money." But in reality, they're just looking to exploit your trust and steal your funds.
Here's how the scam works:
- The scammer posts a message promising unrealistic rewards for tips.
- They claim to have already rewarded several users with large amounts of Bitcoin.
- They demand tips in exchange for participation, using fake usernames and promises.
- Once they receive the tips, they change their username and disappear with your money.
PROTECT YOURSELF AND OTHERS
- Don't send tips to users making fake promises.
- Report suspicious posts immediately to keep Binance Square clean.
- Share your experiences and suggestions to help keep scammers at bay.
STAY SAFE, STAY VIGILANT
Remember, if it sounds too good to be true, it probably is. Always prioritize caution and never send funds to unverified users. Let's work together to keep Binance safe and secure for everyone.
#BinanceScamAlert #StaySafeInvestSmart #CryptocurrencySecurity #ScamRiskWarning
🔍 According to O'Daily, a situation has been reported where a phishing website related to 'Osmosis' is displayed at the top of Google search results. It's crucial for users to exercise caution and verify website authenticity when searching for cryptocurrency-related information to avoid falling victim to phishing attempts. 🚨🌐 #PhishingAlert #CryptocurrencySecurity #Osmosis
