Latest Hackers News and Insights | Yellow.com

Convergence, a decentralized finance (DeFi) protocol, got hammered by hackers. The attack happened in the wee hours of August 1. It cost the protocol a whopping $212,000. The hack sent Convergence's native token, CVG, into a nosedive. Its value plummeted by over 99%. Talk about a rough day at the o

Russian-speaking cybercriminals dominated the crypto crime scene in 2023. A new report by TRM Labs spills the beans on the extent of their activities. These groups were behind a whopping 69% of all ransomware proceeds in crypto last year. We're talking big bucks here - over $500 million. Lockbit a

A major IT outage hit big banks last week. It was a mess. JPMorgan, Chase, Bank of America, and Wells Fargo all had issues. Shytoshi Kusama, the main brain behind meme coin Shiba Inu (SHIB), says we need a new solution. He's pushing for a web3-based operating system. Kusama posted on X about the ou

A new crypto scam is making waves. It uses a fake Zoom page. The scam has already nabbed $300,000 in digital assets. NFT collector and cybersecurity expert "NFT_Dreww" sounded the alarm on X. He called it "extremely sophisticated". The scam targets NFT holders and crypto whales. Scammers reach out

Rapper 50 Cent's Twitter account was hacked on Friday. Hackers used his account for a pump-and-dump scheme for a new Solana token. The hacker posted a flurry of tweets promoting "GUNIT" coin. They referenced 50 Cent's cognac brand and other celebrity crypto projects. It looked legit at first glance