Binance ‘red teams’ its own staff every month to keep hackers out
Binance regularly tests its employees for security hygiene, with social engineering becoming a major source of industry breaches. Source:Cointelegraph
North Korea arrests hackers accused of laundering stolen funds from country's bank via crypto
The group allegedly breached Central Bank systems, converted crypto to cash via Chinese brokers, and used small transfers to evade detection. Source:CoinDesk
UK sentences 2 hackers tied to $115M crypto ransom scheme
The pair pleaded guilty after investigators linked them to the Scattered Spider cybercrime group, which US prosecutors say extorted dozens of companies.…
Hackers tried to backdoor Injective npm package to steal wallet keys
The incident is significant for developers and applications that handle Injective wallet workflows, Socket researchers said. Source:Cointelegraph
AI is shortening the shelf life of crypto security audits, researchers warn
Hackers have also been exploiting the codebases of defunct decentralized finance protocols, draining millions of dollars in customer funds. Source:Cointelegraph
Crypto hacks fell 47% in H1 but ecosystem is no safer: CertiK
Crypto exploits rose 59% quarteronquarter to $807.5 million in Q2, due partly to the KelpDAO and Drift Protocol exploits, which came at the hands of North…
Humanity Protocol’s $36M hack tied to suspected North Korean hackers: Quantstamp
A fake Bithumb email used in the $36 million Humanity Protocol hack points to the involvement of North Korean threat actors, according to Quantstamp.…