Crypto Attack

An anonymous hacker named ChinaDan recently offered to sell the personal data of 1 billion Chinese residents for 10 Bitcoins. While there are uncertainties to this claim, Changpeng Zhao and others ask users to beware. Attack on Shanghai Police Database The hacker allegedly came by the information through a cybersecurity attack that took place earlier this year. According to Reuters, the breach leaked resident details contained in a database in possession of the Shanghai National Police (SHGA). Security experts have…

NFT marketplace OpenSea informed its users of possible phishing attacks, following a data breach exposing customer emails. Notably, the company has been at the center of attacks and controversies in recent months.  Concerns over Customer Security Open Sea in a blog post revealed that an employee of Customer.io, OpenSea’s email vendor, abused their privileges. The errant employee downloaded and shared customer data with an authorized third party.  In light of the development, OpenSea warned its customers of the potential vulnerability…

Earlier this week, Ethereum-based stablecoin project Beanstalk Farms suffered losses totaling $182 million after falling victim to a governance exploit. This is the second DeFi protocol to experience a breach in security since the start of this month. The attackers drained Beanstalk Farms of all its collateral funds and the token's price fell soon after. The BEAN stablecoin lost about 86% of its value which originally rested at $1. How did the Attack Occur? Behind the breach were 2 suspicious …