Ill Bloom Vulnerability Exposes Thousands of Crypto Wallets After $5M Theft
Security researchers have uncovered the Ill Bloom vulnerability, a flaw in wallet recovery phrase generation that has already led to at least $5 million in cryptocurrency theft. Here's what happened, which wallets may be affected, and how users can check whether they're at risk.
TrapDoor Malware Targets Crypto Developers Through Fake Open-Source Packages
Socket Security researchers uncovered TrapDoor Malware, a supply-chain attack targeting crypto and AI developers through malicious open-source packages. The campaign affected npm, PyPI, and Crates.io ecosystems while attempting to steal credentials, wallet data, and developer access tokens.
Paradex Users Affected After Mithril Trading Bot Compromise
Paradex users were affected after a security incident involving the Mithril trading bot exposed API keys used for automated trading. The exchange says its core systems were not breached and the issue was limited to a third-party tool.
Invisible ModStealer Malware Spreads Through Fake Job Ads to Drain Crypto Wallets
A new undetectable malware named ModStealer is spreading through fake job ads to steal crypto from browser-based wallets across Windows, Mac, and Linux.
Hot vs. Cold Wallets: BingX Hack Reignites Debate Over Crypto Security Strategies
Following the $43M BingX hack, the crypto industry is once again debating the security risks of hot wallets versus the safer but less convenient cold storage options. Experts urge exchanges and traders to reconsider asset management strategies as cyber threats become more sophisticated.
