Cybercime News

Web3 firms must be ready for a new wave of threats facing the industry in the upcoming year and have all the cybersecurity guardrails in place

UK-based currency exchange site Travelex is the latest victim of suspected cybercriminals demanding Bitcoin (BTC) ransom. The BBC reports that the alleged hackers want $6 million in BTC in exchange for the decryption of the company’s hacked files. $6 Million…

The University of Wisconsin System discovered three of its servers mining Bitcoin. The UW Madison news section reported, illegal crypto miners exploited three servers at UW-Madison, UW-Stout, and UW-Superior by installing Bitcoin mining malware via the Oracle WebLogic software vulnerability.…

The treasury wallet of Tether (USDT), the cryptocurrency that is pegged to the value of the US dollar through an inflationary monetary policy, was hacked earlier this week. Nearly $31 million worth of the cryptocurrency was stolen, and consequently, the…