This 'relentless' malware botnet has made millions with a surprisingly simple trick

The long-running botnet known as MyKings is still in business and has raked in at least $24.7 million by using its network of compromised computers to mine for cryptocurrencies.  MyKings,…

OpenSea ‘Free Gift’ NFTs Drain Cryptowallet Balances

Cybercriminals exploited bugs in the world’s largest digital-goods marketplace to create malicious artwork offered as a perk to unsuspecting users. Users of OpenSea, the world’s largest digital-collectible marketplace, have found…

The King is Dead, Long Live MyKings! (Part 1 of 2)

Avast –  Avast –  MyKings is a long-standing and relentless botnet which has been active from at least 2016. Since then it has spread and extended its infrastructure so much…

Oops! Compound DeFi Platform Gives Out $90M, Would Like it Back, Please

The Compound cryptocurrency exchange accidentally botched a platform upgrade and distributed millions in free COMP tokens to users – then threatened to dox the recipients. Compound, an Ethereum-based decentralized finance…

Malicious Safepal Wallet Add-On Goes After Cryptocurrency

The crypto wallets have been lately a continuous target for hackers. Let’s remember the open-source repositories like PyPI and GitHub that were used to distribute malware related to crypto stealing…

Developer at the Ethereum Admits Guilt in Helping North Korea with Advice on How to Avoid U.S. Sanctions

In 2019, Virgil Griffith, a cryptocurrency expert from the United States, attended a blockchain convention in North Korea, where he gave guidance on how to dodge U.S. penalties and launder…

What are smart contracts?

What are Smart Contracts Let’s understand what Smart Contracts are using a simple example. Consider the purchase of cookies from a vending machine. The one who wants to buy the…