Cosmos patches ‘critical’ IBC protocol bug saving $126M
    24 Apr 2024
    72 Views

    Cosmos developers have fixed a “critical” security bug in its Inter-Blockchain Communication (IBC) protocol which put at least $126 million at risk, says a blockchain security firm that privately notified Cosmos of the issue. “We privately disclosed the vulnerability through the Cosmos HackerOne Bug Bounty program and the issue is now patched,” Asymmetric Research said on April…

    Scammers eye Toncoin as Telegram-TON partnership grabs headlines
    24 Apr 2024
    65 Views

    Telegram’s public support for The Open Network (TON) blockchain and its intention to incorporate its native Toncoin token have led to scammers targeting unsuspecting tokenholders to exploit them. Information shared with Cointelegraph from cybersecurity firm Kaspersky outlines a cryptocurrency scam that has been attempting to steal Toncoin (TON) from Telegram users worldwide. According to experts…

    Token airdrops targeted by farm accounts and ‘Sybil attacks’
    24 Apr 2024
    60 Views

    Amid surging prices, many crypto projects have seen a rise in fake farm accounts, or “Sybil attacks,” named so after a book about a woman with many personalities. These fake accounts create artificial network activity to claim as many tokens as possible during airdrop events, which have become highly lucrative over the years. “We’ve recently…