imaginary money Archives

Start of the derivation of Ehrenfest’s theorem—chalk on a blackboard

RSA and Bitcoin at BIG Risk from Quantum Compute

PQC PDQ: Researchers find we’ll need 20 times fewer qubits to break conventional encryption than previously believed ...

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Squarespace Hacked — DeFi Wallets Drained (Imaginary Money Stolen)

Richi Jennings | July 16, 2024 | API exploit, blockchain, Crypto, cryptocurrencies, cryptocurrency, cryptocurrency exchange, DeFi, domain hijacking, Google Domains, imaginary money, Ponzi scheme, SB Blogwatch, smart contract, Smart Contract Security, smart contracts, Squarespace, Web3

DeFAIL: Cryptocurrency fans lose their worthless tokens via phishing attacks on decentralized finance sites ...

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A close up of a colorful object on a black background

NoaBot Pwns Hundreds of SSH Servers as Crypto Miners

‘hi’ — Mirai-based botnet exploits weak authentication to mine fake money ...

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FAIL: Nomad DeFi Bridge ‘Loses’ $190M of Worthless Tokens

Richi Jennings | August 2, 2022 | API exploit, blockchain, Crypto, cryptocurrencies, cryptocurrency, cryptocurrency exchange, DeFi, Ethereum, imaginary money, Moonbeam, Nomad, One step closer to ridding the world of web3 nonsense, Ponzi scheme, SB Blogwatch, smart contracts, Web3

Cryptocurrency startup Nomad claimed its “optimistic bridging” protocol would “would keep users’ funds safe.” We take a closer look ...

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Cashio Stablecoin: Not Stable—CASH Loses 99.99995%

Richi Jennings | March 24, 2022 | CASH, Cashio, Crypto, Cryptocrurrency, DeFi, imaginary money, One energy wasting cryptocurrency down—zillions to go, SB Blogwatch

A hacker drove a stablecoin into the ground yesterday. Cashio, a USD-backed coin is now all-but worthless ...

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Fake Cash Scams Thrive on Facebook and Insta—FTC

Richi Jennings | January 28, 2022 | and Tether, bitcoin scam, Crypto, cryptocurrency, DeFi, DevSecOps, Etherium, facebook, Facebook scam, imaginary money, Instagram, Mark Zuckerberg, Meta, nft, SB Blogwatch, What props up this house of cards is the success of Bitcoin

Cryptocurrency scammers love social media—especially Meta’s platforms. Hundreds of millions of dollars were scammed from U.S. consumers in 2021 ...

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Crypto.com: Fortune Favors the Hacker—$16M ‘Stolen’

Richi Jennings | January 18, 2022 | Crypto, cryptocurrencies, cryptocurrency, cryptocurrency exchange, DeFi, Ethereum, imaginary money, it’s not creating any new value in the way that regular economic activities do, SB Blogwatch

DeFi exchange Crypto.com got hacked yesterday, sources say. Users reported imaginary money missing from their accounts—as researchers watched it get laundered ...

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$150M Stolen in ‘Imaginary Money’ Crypto/DeFi Hacks

Richi Jennings | December 3, 2021 | BadgerDAO, Crypto, cryptocurrency, DeFi, imaginary money, MonoX, SB Blogwatch, smart contract, Why do so many people who don't understand how crypto works speculate in it or trust it?

Schadenfreude: This week saw a pair of high-profile cryptocurrency thefts, totalling over $150 million ...

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Crypto Mining Hackers vs. Cloud Computing—Google States the Obvious

Richi Jennings | November 29, 2021 | Crypto, cryptocurrency, GOOG, GOOGL, google, Google are more likely to be included in the threat model than the solution space, imaginary money, SB Blogwatch

Google’s new Cybersecurity Action Team (CAT) would like you to know that insecure cloud instances can be hijacked by hackers. Stop the press. Did we really need to be told that? ...

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