NFT trader loses $145k worth of BAYC in a phishing attack

NFT trader loses 145k worth of BAYC in a phishing attack

As the world of cryptocurrency continues to boom, one trader’s devastating loss serves as a cautionary tale. A cunning phishing attack targeted the highly coveted Bored Ape Yacht Club (BAYC) collectibles, leaving the victim reeling from a staggering $145,000 blow. On-chain security platform PeckShield drew attention to the activities in an X post on May … Read more

Phishing Fiasco: WBTC Investor Bites the Dust, $71 Million Gone in a Flash

WBTC Investor Bites the Dust, 71 Million Gone in a Flash

In a jaw-dropping twist, a cunning phishing scheme has ensnared a WBTC investor, leaving them reeling from a staggering loss of over $71 million in WBTC. The prestigious blockchain security company, CertiK, has confirmed that the victim unwittingly transferred 1,155 WBTC to the hacker’s clutches. Attention has been drawn to the dangerous practice of “address … Read more

Losses from crypto hacks fell 67% to $60 million in April

Losses from crypto hacks fell 67 to 60 million in April

Buckle up crypto enthusiasts, because PeckShieldAlert has just announced a major drop in attacks on digital currencies. With a whopping 67% decrease from a staggering $187.6 million, April has proven to be a game-changing month for the crypto world. These malicious hackers have carried out approximately 40 attacks, but their reign of terror seems to … Read more

DeFi platform experiences $2 million hack on Base Network

DeFi platform experiences 2 million hack on Base Network

The highly anticipated RWA tokenization platform, Grand Base, was recently rocked by a shocking security breach on the cutting-edge layer 2 Base network. This unexpected turn of events has left the entire community on edge as they wait for updates on the situation. Cybersecurity experts at Cyvers have uncovered a major breach at Grand Base, … Read more