Tag: Security

Offchain Labs co-founder Ed Felten said there were one or two fraud challenges submitted on a version of Arbitrum running on the Ethereum proof-of-work fork after the Merge, which was defeated. Not a single fraud proof has been submitted on Arbitrum since it first launched its mainnet with the built-in security feature in August 2021,…

Several U.S. and U.K. intelligence agencies have published a joint report warning users about a new malware called “Infamous Chisel,” which targets Android devices. An advisory report issued by government agencies in the United States and the United Kingdom warns users to beware of new malware being used to target crypto wallets and exchanges. The…

Here’s how Web3 users can protect their digital assets from cyber criminals targeting crypto wallets. Why is protecting your digital assets in the Web3 era important? For the majority of users back in the day, cybersecurity meant protecting important files and folders because nothing of monetary value was stored on our computers. As long as…

The United States Internal Revenue Service has released proposed regulations on the sale and exchange of digital assets by brokers. The United States Internal Revenue Service (IRS), which is responsible for tax collection in the United States, has released proposed regulations on the sale and exchange of digital assets by brokers. Under the rules, brokers…

A crypto wallet linked to the BNB Smart Chain exploit had three of its positions liquidated after BNB’s price dropped below $220. The sudden market pullback in the crypto space liquidated many traders and, according to data shown on the blockchain, the attackers responsible for the infamous BNB Smart Chain exploit, which led to the…

The scheme consists of mirroring addresses and sending dust transactions to users to trick them into sending funds to the scammer’s wallet. Binance CEO Changpeng “CZ” Zhao warned his followers on X — formerly Twitter — about a tricky and increasingly popular scam targeting the crypto community in which fake wallet addresses are used to defraud users…