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Security

ALERT

NY Seeks $1.37 Billion Judgment Against Operators of NovaTech Crypto Ponzi Scheme

Bitcoin Magazine NY Seeks $1.37 Billion Judgment Against Operators of NovaTech Crypto Ponzi Scheme Two successive crypto frauds took investors for more than $1.1 billion. Now New York's attorney general is asking a court to make the operators pay it back—with interest. This post

Initia halts blockchain after exploit reportedly drains over $2.6M

The blockchain suspended its layer-1 network and rollups after security researchers identified unauthorized token minting and millions in assets transferred to Ethereum.

Agora Says Initia Exploit Hit Third-Party Product Using AUSD

Ethereum records show 1.4 million AUSD left a bridge adapter, while Agora says it has no smart contracts deployed on Initia.

Bitcoin Core Rewrites Its Security Policy for a World Where AI Finds Bugs in One Prompt

Developers will now backport fixes and cut releases immediately for flaws flagged as “easily discoverable,” abandoning long embargoes for bugs an attacker can surface with a single AI prompt.

Agora Freezes AUSD Account Linked to Initia Exploit

Agora says it has no contracts on Initia; the targeted Ethereum account had already swapped 1.4 million AUSD for ETH.

Crypto Scammers Who Used Prayer Groups to Lure Victims Must Pay $1.3 Billion, Says New York

New York’s attorney general asked a court to order NovaTech’s founders, who fled the country, to pay about $1.37 billion, and settled with four top promoters for nearly $6 million.

Initia Halts L1 and Rollups After Reported Mint Exploit

Analyst Spreek estimated $2.6 million had been cashed out; Ethereum records show stablecoin swaps and a later 1,135.5 ETH transfer.

Bitcoin Core changes security rules as AI makes finding code bugs dangerously easy

Developers merged a policy change that ends the months-long embargo for flaws a chatbot could rediscover, after a summer in which AI found hundreds of bitcoin bugs before the humans did.

Ethereum Delays Glamsterdam Testnet Fork Over Gas Security Flaws

The Hoodi testnet fork is off after ChainSecurity found gas changes that could let contracts lock in failures, citing 13 real-world cases.

Was crypto self-custody ever designed for beginners?

Recent hardware wallet security incidents have renewed debate over whether self-custody is suitable for beginners, as multisig and seedless designs carry their own risks.

Cysic dangles a 10% bounty, hacker pours loot into Tornado Cash

The attacker moved $744,000 in ETH and BNB to Tornado Cash after exploiting Cysic’s bridge to mint 10 million tokens on BNB Smart Chain.

India's largest exchange denies hack after sleuths pointed to $16 million in suspicious outflows

CoinDCX denies its active wallets were hacked after sleuths flagged $16 million in outflows from addresses linked to the India-based exchange.

1d ago1 min read

CoinDesk