April 19, 2022

Beanstalk cryptocurrency heist: scammer votes himself all the money

Voting safeguards based on commuity collateral don't work if one person can use a momentary loan to "become" 75% of the community.

Naked Security

February 04, 2022

Wormhole cryptotrading company turns over $340,000,000 to criminals

It was the best of blockchains, it was the worst of blockchains... as Charles Dickens might have said.

Naked Security

March 06, 2020

Chrome extension cons cryptocurrency users out of hardware wallet key

Ledger has warned users about a rogue Chrome extension that duped users into giving up the keys to their hardware crypto wallets.

Naked Security

February 18, 2020

IOTA shuts down network temporarily to fight wallet hacker

Popular cryptocurrency IOTA has temporarily shut down its entire network after a hacker stole funds from ten of its highest-value users.

Naked Security

September 16, 2019

Tiny Pacific nation forges ahead with national cryptocurrency

The Marshall Islands is facing rising seas and financial isolation. But critics say their get-rich-quick cryptocurrency scheme won't work.

Naked Security

July 16, 2019

Asian consortium plans blockchain-based mobile ID system

A group of Asian companies want to create a blockchain-based service to turn your phone into a mobile ID system.

Naked Security

June 20, 2019

Facebook’s Libra cryptocurrency is big news but will it be secure?

Unless you’ve been under a rock, you’ll know that earlier this week Facebook announced plans for a new global cryptocurrency for absolutely everyone called Libra.

Naked Security

May 07, 2019

Blockchain project settles cross-border payment

Singapore’s central bank sent a payment to Canada using blockchain technology last week, in a clear signal that the technology has value.

Naked Security

April 25, 2019

Blockchain Bandit stole $54 million of Ethereum by guessing weak keys

Someone has been quietly pilfering Ethereum (ETH) cryptocurrency worth millions of dollars without anyone noticing or, apparently, caring.

Naked Security