Hacker in SEC X account breach faces $50k fine in plea deal
Eric Council Jr., the man accused of helping to breach the X account of the U.S. Securities and Exchange Commission, has pleaded guilty to the charges. As a result, Council faces a potential $50,000 fine as part of the plea deal, Bloomberg reported. U.S. authorities proposed the forfeiture of the $50k in a filing at […]
Jupiter recovers official X account after scammers promote MEOW
Solana-based dex aggregator Jupiter has recovered its X account after it was hijacked by cryptocurrency scammers who promoted a fraudulent meme coin. According to a Feb. 6 X post, reassured users that no funds were ever at risk. They confirmed that all customer and treasury assets remain secure in multisig wallets. The attack was limited […]
Financial institutions must protect account holders from scam
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Crypto scams are surging across the United States, with the FBI’s latest cryptocurrency report revealing that Americans lost a staggering $5.6 billion in 2023—a worrying 45% increase from 2022. Alarmingly, older adults, […]
Cuban foreign ministry X account locked after memecoin rug pull
The X account of Cuba’s Ministry of Foreign Affairs has been locked following accusations of promoting and rug-pulling multiple Solana-based memecoins. Speculation spread on Monday after the account appeared to promote a token called “CUBA,” leading some to believe the Cuban government was involved in the memecoin frenzy. The hype around memecoins has gained traction […]
Animoca co-Founder’s X account hacked for Solana meme coin
Animoca Brands has issued a public notice regarding co-founder Yat Siu’s social media account being compromised. The official statement makes clear that recent claims regarding the launch of a token or NFT on the Solana blockchain, which was attributed to Animoca Brands, were the result of malicious activity by the hacker. The Hong Kong-based game […]
Access control exploits account for nearly 80% of all crypto hacks in 2024
Crypto hacks in 2024 caused nearly $3 billion in damages, with access control flaws driving 78% of the losses, data shows. 2024 proved to be another challenging year for blockchain security, with nearly $3 billion lost to crypto hacks, according to Hacken’s latest research report. Although the total financial impact was on par with 2023, […]
KickStreaming’s X Account Hacked By Crypto Scammers
KickStreaming’s account on X was hacked and used to push Solana-based scam tokens. On Dec. 4, the official X account of the online streaming platform directed users to dubious wallet address links to scam followers. The post claimed that the ‘Kick Token’ is likely to provide solutions for the blockchain community and individual creators. Bijan […]
Vivek Ramaswamy’s X account hacked to promote fake crypto partnership
Vivek Ramaswamy’s account on X was hacked to falsely announce a partnership between the U.S. Department of Government Efficiency and USUAL. The post claimed a partnership between the U.S. Department of Government Efficiency and the stablecoin issuer USUAL, stating that the collaboration would address the federal deficit using digital currencies. The tweet was quickly deleted […]
Pump.fun fee account sells $25m SOL
Pump.fun, the meme coin launch platform that allows users to easily create their own meme coins, has sold another chunk of Solana tokens earned in fees. On Nov. 18, blockchain data tracking platform Lookonchain reported that Pump.fun sold 105,000 Solana (SOL). tokens. The offloaded tokens came from the meme factory’s fee account and totaled more […]
How DApp developers can enrich the user experience via account abstraction SDKs
DApp developers can deliver a seamless user experience without making any changes in their code using account abstraction SDKs Source link
