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Latest Report Shows a Decrease in the Rate of Blockchain Attacks in 2020

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There has been a drastic decline in the rate of cryptocurrency and Blockchain hacks through the course of the year; 2020.

$24 Million Lost in Another DeFi Flashloan Economic Attack.

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Harvest Finance a DeFi based project developed under Kava Blockchain has been attacked in a recent flashloan economic attack resulting in a $24 million loss off the protocol.

Stop Using TikTok, You Are Giving Hackers Opportunity to Hack Your Crypto Wallet. 

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A recent review on Reddit had shown that Tiktok is more or less a data collecting mobile app rather than a social media app.  The viral short video app where millions of teens post comedy skits and other videos of…

The Johannesburg City Hackers Demand A Ransom Of Four Bitcoins Worth 10.8 Million Naira.

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The Johannesburg City hackers of Johannesburg City website hack on 24th October was attached to a group of hackers who identified themselves as “Shadow Kill Hackers”.  The Johannesburg city website was hacked on Thursday 24 October which saw the lost…

Satowallet Hack: A Nigerian Cryptocurrency Service Provider Satowallet Losses User Funds To Hosting Provider.

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Satowallet Hack: Exchange Platform claims Satowallet Hack not from the failure of its platform but of the hosting provider. The Satowallet is a Nigerian owned cryptocurrency exchange and wallet provide based in Dubai affairms loss of user funds. Most of…

US Treasury Sanctions WannaCry Bitcoin Ransome Cyber Hackers.

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The United States Treasury on Friday sanctions three hacking groups they claimed were sponsored by North Korea that were allegedly involved in the “WannaCry” ransomware attacks demanding bitcoin cryptocurrency from its victims. According to Wikipedia, “The WannaCry” ransomware attack was…

Why Bitcoin As A Ransom

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      Lately, the global interest in bitcoins has grown. So, it becomes extremely important to understand the basics of bitcoin and other virtual currencies. Bitcoin, and its alternatives are all based on cryptographic algorithms which are encrypted. This makes the currency…

Weekly On Crypto And Cyber Crimes: Cyber Crime Must Not Race Ahead.

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Weekly on Crypto: Recently, the rate of cyber crimes is rapidly increasing. Day in day out, headlines about the latest cybercrime dominate the news agenda. Previously In Weekly On Crypto: Criminals continue to target high profile organizations and individuals at…

Hacker Moves $6 million Stolen Funds From Binance.

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Binance hackers are moving once more, part the stolen assets. Confirm, affirmed the move of assets from the binance hacker address. From Coinfirm’s report, the hackers moved 1,060.64474480 BTC or $6,148,122.40 in various events lessening its number in various events….

Weekly On Diutocoinnews : Cryptocurrency And Cyber Crimes In Nigeria : Popular Ponzi And Cryto Crimes In 2019.

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Changed from Cryptocurrency And Tech Crimes to Cryptocurrency And Cyber Crimes The popularity of quick money making schemes is on increase in the country. We have recorded not enough Cryptocurrency And Cyber Crimes in Nigeria since 2019. The use of…