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Bit24.cash, an Iranian exchange, faces KYC data breach affecting 230K users. Research uncovers misconfiguration, exposing passports, IDs, and credit cards. Conflicting claims between Cybernews and Bit24.cash prompt user concerns. Bit24.cash, a prominent Iran ian cryptocurrency exchange, is under scrutiny following report s of a significant security breach . Cybernews researchers uncovered a misconfiguration in the platform’s cloud storage system, leading to unauthorized access and exposing sensitive Know Your Customer (KYC) data of nearly 230,000 users. The incident raises concerns about user data protection in the cryptocurrency industry, as conflicting narratives emerge between the research findings and Bit24.cash’s official response. Passports, IDs, and credit cards info compromised The research by Cybernews exposed a misconfiguration in the exchange’s cloud storage system, providing unauthorized access to KYC data. The compromised inf...

In the fast-paced world of cryptocurrencies, Aurory, a gaming platform on the Solana blockchain, recently faced a significant security breach.  Meanwhile, the broader crypto market is gaining momentum, with Bitcoin and RebelSatoshi leading the charge. Let’s dive into these contrasting scenarios and see why they’re grabbing headlines. Aurory Protocol’s Security Breach Aurory, a notable gaming platform on the Solana blockchain, experienced a serious cyber attack. The platform’s AURY-USDC liquidity pool was hit hard, with approximately 80% of its assets compromised. This breach is a stark reminder of the security challenges that blockchain platforms face. The Aurory team, however, deserves credit for their quick response. They swiftly disabled the SyncSpace feature, a crucial move to halt further unauthorized transactions and protect the remaining funds and NFT assets. The attack was executed by exploiting vulnerabilities in the SyncSp...

Over $186 Million drained in a HECO Bridge-related hack. The HECO Bridge is a crucial link for transferring funds between Ethereum and the Heco Chain. Projects associated with blockchain entrepreneur Justin Sun are facing ongoing hacking challenges. In a recent development, the HECO chain bridge, built by the HTX Global exchange has fallen victim to a major security breach, resulting in the unauthorized transfer of over $86 million. On-chain security platform Cyvers Alerts identified the movement of funds, pointing to a potential exploit in the HECO chain. 🚨Code Red!🚨 (Ongoing)Our AI powered system has detected multiple suspicious transactions from @HECO_Chain bridge Suspicious address has received around $85M. Suspicious address: https://t.co/JlMClIM7hg First transaction is 10,145 $ETH from @HECO_Chain bridge to suspicious… pic.twitter.com/IwpqXvhCsU — 🚨 Cyvers Alerts 🚨 (@CyversAlerts) November 22, 2023 ...

Trader Joe has swiftly addressed a vulnerability in its analytics plugin, advising users to revoke access to a suspicious contract and restore safety. The popular decentralized exchange (DEX) Trader Joe, on Nov. 17 announced a security breach in its frontend interface.  The breach, identified in a third-party analytics plugin, potentially put numerous users at risk, leading to immediate action by the platform’s team. Important Security Alert We have been alerted to a possible vulnerability in our frontend interface. Our team is conducting an immediate and thorough investigation. We strongly advise all users to refrain from trading and from executing any transactions on the Trader Joe… — Trader Joe (@TraderJoe_xyz) November 17, 2023 Breach detection and immediate response According to the Trader Joe team, they discovered the vulnerability during a routine check, which revealed compromised JavaScript code in a third-party analytics tool.  Update Our team's ...