Proposals in the crypto sector help communities to carry out consensus-based decisions. However, this has led to a serious attack on the NFT music platform, Audius. According to reports, an anonymous hacker has stolen in-house tokens from the Audius platform. The hacker used Proposal #85, which is a governance proposal to conduct the exploit. The…
About US$ 400 Million have been stolen as hack attacks since 2019 to date wherein the perpetrators of the hack crimes were North Korean hackers. Most of these crypto funds have been stolen in Ether coins, which is currently the second most valued cryptocurrency in the world. It looks as if North Korean hackers have…
A Russian Court dealing with the complaint of crypto fraud committed through a pyramid scheme called “Finiko” has denied granting of bail to the two main accused of the fraud scheme. The counsels of both the detained individuals requested the Court to grant them bail because nobody is absconding, however, the Court while denying the…
Microsoft is all set to partner with Intel to root out and to develop a defence mechanism to cope with the Cryptojacking malware. The rising demand for cryptocurrencies has sought the attention of scammers and fraudsters to breach the security premises of cryptocurrencies by using different malware. Cryptojacking is one of the malware from which…