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In response to criticism from security researcher @CloakdDev, Phantom, Solana's on-chain crypto wallet, said a recent vulnerability did not pose a threat to the security of users' funds. In a public statement, Phantom apologized for the delay in communication and reiterated its commitment to security, saying: "We are confident that this vulnerability does not compromise users' funds in any way." However, Phantom did not provide further technical details or a timeline for potential countermeasure...
Security researcher Taylor Monahan has revealed that crypto hackers have found a clever new way to trick victims into downloading malicious software that can give hackers access to victims' computers and empty their wallets, or cause other major losses. It said the hackers would first pose as recruiters at a well-known crypto company and offer targets a salary of $200,000 to $350,000. However, the method is not to trick the target into opening a PDF containing malicious software,...
On October 12, researchers at cyber security company Checkmarx have raised the alarm about a dangerous malicious software uploaded to Python Package Index (PyPI), which steals private keys. According to the company, the malicious software was automatically uploaded by suspicious users through several different packages, designed to imitate the decoding applications of popular wallets such as MetaMask, Atomic, TronLink, Ronin, and other mainstream products in the industry.
Microsoft cyber security researchers have discovered a zero-day vulnerability in a Chromium engine that powers browsers such as Chrome. The vulnerability was exploited by a North Korean hacking group called Citrine Sleet to specifically target cryptocurrency users. Citrine Sleet uses rootkit malicious software called FudModule to trick users into downloading malicious software or weaponized add-ons by creating fake cryptocurrency trading platform websites.
The researchers behind the Ethereum network have grown from around 25 people in Quarter 1 in 2019 to a peak of 550 people in Quarter 1 in 2024, an increase of 2,100%, which is a positive sign as the second largest blockchain network in the world. In addition, the number of Ethereum researchers declined slightly in the second quarter of 2024, to around 450 developers, but the number remains relatively high.
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