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Unknown hackers rob BlockTower Capital Fund 🙀 According to Bloomberg, the crypto fund BlockTower Capital suffered a #cyberattack in which fraudsters partially drained the company’s main hedge fund. 🔎 Sources reported that BlockTower hired analysts to trace the funds and the hackers. 💰The amount of stolen funds is unknown. #BlockTower manages a total of $1.7 billion in assets. #PEPEATH #GME #ETFvsBTC
Unknown hackers rob BlockTower Capital Fund

🙀 According to Bloomberg, the crypto fund BlockTower Capital suffered a #cyberattack in which fraudsters partially drained the company’s main hedge fund.

🔎 Sources reported that BlockTower hired analysts to trace the funds and the hackers.

💰The amount of stolen funds is unknown. #BlockTower manages a total of $1.7 billion in assets.
#PEPEATH #GME #ETFvsBTC
Trezor Discovers Email Provider Breach Resulting in Malicious EmailsTrezor, a hardware #wallet provider, recently acknowledged that a security breach involving their third-party email service resulted in a series of fraudulent emails being sent to their customers over the last 12 hours. On January 24, #Trezor issued a statement revealing that they had identified an unauthorized email, which falsely claimed to be from the company, disseminated by a third-party email service they use. The deceptive email, sent from "noreply@trezor.io," falsely instructed users to update their "network" or face the risk of losing their funds. The email contained a link leading to a website that asked users to input their seed phrase. Trezor has reported no instances of users losing funds due to this phishing scam, and there are no indications that any Trezor users have been duped by this fraudulent scheme. Trezor Says it Has Deactivated the Malicious Link Trezor has informed its customers that they have effectively neutralized the harmful link and assured them that their funds are secure as long as they haven't entered their recovery seed. "We rapidly disabled the malicious link in the email, significantly reducing the threat's potential impact!" However, Trezor has advised customers who did input their recovery seed to move their funds to a new wallet immediately. According to Trezor's ongoing inquiry, an unauthorized party accessed their email address database, primarily used for newsletters, and then sent the fraudulent emails using a third-party email service. Recently, on January 23, MailerLite, an email marketing software company, reported a security breach. This incident led to a spate of phishing emails exploiting the branded domains of various companies, including Cointelegraph, WalletConnect, and Token Terminal. It remains uncertain whether Trezor uses the same email domain provider as those affected. Digital asset attorney Joe Carlasare recounted his experience of receiving the phishing email in a post, labeling it as a “sophisticated scam.” Exploring the Link Between Support Portal Breach and Recent Hack There is speculation that the recent #cyberattack might be connected to a prior security breach involving Trezor's support portal, where the personal information of approximately 66,000 users was exposed on January 17. Despite this breach, the company has stressed that no recovery seed phrases were compromised as a result of the incident. At that time, Trezor, the hardware wallet provider, took immediate action to limit unauthorized access and has been actively reaching out to affected users. It's important to highlight that this is not the first instance where Trezor has encountered attempts to compromise user assets. Despite its reputable standing in the cryptocurrency hardware wallet industry, Trezor has faced various security challenges in recent years. In February of the previous year, Trezor issued a warning to users about a phishing attack designed to deceive investors into disclosing their recovery phrase on a counterfeit Trezor website. Additionally, in May, the cybersecurity firm Kaspersky reported the emergence of a counterfeit hardware wallet posing as a genuine Trezor product. This deceptive device used a substituted microcontroller to gain access to a user's private keys, enabling fraudsters to steal funds. Notice: ,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Trezor Discovers Email Provider Breach Resulting in Malicious Emails

Trezor, a hardware #wallet provider, recently acknowledged that a security breach involving their third-party email service resulted in a series of fraudulent emails being sent to their customers over the last 12 hours.
On January 24, #Trezor issued a statement revealing that they had identified an unauthorized email, which falsely claimed to be from the company, disseminated by a third-party email service they use.
The deceptive email, sent from "noreply@trezor.io," falsely instructed users to update their "network" or face the risk of losing their funds.
The email contained a link leading to a website that asked users to input their seed phrase.
Trezor has reported no instances of users losing funds due to this phishing scam, and there are no indications that any Trezor users have been duped by this fraudulent scheme.

Trezor Says it Has Deactivated the Malicious Link
Trezor has informed its customers that they have effectively neutralized the harmful link and assured them that their funds are secure as long as they haven't entered their recovery seed.
"We rapidly disabled the malicious link in the email, significantly reducing the threat's potential impact!"
However, Trezor has advised customers who did input their recovery seed to move their funds to a new wallet immediately.
According to Trezor's ongoing inquiry, an unauthorized party accessed their email address database, primarily used for newsletters, and then sent the fraudulent emails using a third-party email service.
Recently, on January 23, MailerLite, an email marketing software company, reported a security breach. This incident led to a spate of phishing emails exploiting the branded domains of various companies, including Cointelegraph, WalletConnect, and Token Terminal.
It remains uncertain whether Trezor uses the same email domain provider as those affected.
Digital asset attorney Joe Carlasare recounted his experience of receiving the phishing email in a post, labeling it as a “sophisticated scam.”
Exploring the Link Between Support Portal Breach and Recent Hack
There is speculation that the recent #cyberattack might be connected to a prior security breach involving Trezor's support portal, where the personal information of approximately 66,000 users was exposed on January 17.
Despite this breach, the company has stressed that no recovery seed phrases were compromised as a result of the incident. At that time, Trezor, the hardware wallet provider, took immediate action to limit unauthorized access and has been actively reaching out to affected users.
It's important to highlight that this is not the first instance where Trezor has encountered attempts to compromise user assets. Despite its reputable standing in the cryptocurrency hardware wallet industry, Trezor has faced various security challenges in recent years.
In February of the previous year, Trezor issued a warning to users about a phishing attack designed to deceive investors into disclosing their recovery phrase on a counterfeit Trezor website.
Additionally, in May, the cybersecurity firm Kaspersky reported the emergence of a counterfeit hardware wallet posing as a genuine Trezor product. This deceptive device used a substituted microcontroller to gain access to a user's private keys, enabling fraudsters to steal funds.

Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
A study has revealed that in the third quarter of 2023, there were a total of 117 hacks, resulting in the theft of $720 million. These attacks included access control breaches, reentrancy #exploits , and rug pulls. Notably, while the losses stemming from rug-pull incidents amounted to $49.80 million, they were considerably lower than the $449 million lost due to access control breaches and reentrancy attacks. However, the study data indicates that #rugpull incidents were the most common type of #cyberattack during this period.
A study has revealed that in the third quarter of 2023, there were a total of 117 hacks, resulting in the theft of $720 million. These attacks included access control breaches, reentrancy #exploits , and rug pulls. Notably, while the losses stemming from rug-pull incidents amounted to $49.80 million, they were considerably lower than the $449 million lost due to access control breaches and reentrancy attacks. However, the study data indicates that #rugpull incidents were the most common type of #cyberattack during this period.
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According to TRM, in 2023, cryptocurrency hacks decreased by over 50%, with cybercriminals stealing around $1.7bn compared to nearly $4bn in 2022. ⚫The number of attacks remained stable, but the value of stolen assets dropped ⚫Infrastructure attacks accounted for nearly 60% of the total stolen amount, averaging almost $30m per incident ⚫The decline is attributed to enhanced industry security, increased law enforcement actions, and improved industry coordination. #bitcoin #Cryptocurrrency #cyberattack
According to TRM, in 2023, cryptocurrency hacks decreased by over 50%, with cybercriminals stealing around $1.7bn compared to nearly $4bn in 2022.

⚫The number of attacks remained stable, but the value of stolen assets dropped
⚫Infrastructure attacks accounted for nearly 60% of the total stolen amount, averaging almost $30m per incident
⚫The decline is attributed to enhanced industry security, increased law enforcement actions, and improved industry coordination.

#bitcoin #Cryptocurrrency #cyberattack
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