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DeFi

Microsoft Warns of ‘Ice Phishing’ Threat on Web3 and Decentralized Networks

Microsoft has warned of emerging threats in the Web3 landscape, including “ice phishing” campaigns, as a surge in adoption of blockchain and DeFi technologies emphasizes the need to build security into the decentralized web while it’s still in its early stages. The company’s Microsoft 365 Defender Research Team called out various new avenues through which […]

Hacker stole $55M worth of crypto from DeFi lender bZx via phishing

The hack took place after one of the bZx’s employees was sent a phishing email embedded with a malicious macro hidden in an MS word document, which, when downloaded, ran a script allowing the attacker to obtain the developer’s personal mnemonic cryptocurrency wallet phrase.  A decentralized finance (DeFi) lending platform called bZx has suffered a […]

Hackers steal $600 million in largest ever cryptocurrency heist

The targeted company Poly Network claims that hackers exploited a vulnerability between contract calls where a contract can change/modify the keeper of a contract and execute transactions.  One of the industry’s leading decentralized finance platforms (DeFi) Poly Network has become a victim of a cyberheist in which hackers managed to steal $611 million worth of […]