Rogue iPhone app escapes iOS sandbox to hijack $580,000 in USDT
Fomopeek, a malicious iPhone app distributed through Apple’s App Store, has been linked to nearly $580,000 in stolen USDT. Blockchain security firm SlowMist began investigating the app over the weekend after receiving reports of stolen assets linked to…
Why newly granted federal approval won’t save these 3 crypto banks
The Office of the Comptroller of the Currency advanced three stablecoin-focused firms toward federal trust-bank status on Sept. 18, using a recognizable regulatory perimeter across the decisions for Agora, Catena and Bastion. The decisions strengthen the…
Bitcoin may go quantum-safe while Lightning privacy stays exposed
Even if Bitcoin eventually adopts post-quantum protections for on-chain outputs, five parts of the Lightning Network’s off-chain payment system would still need separate upgrades, according to a Sept. 12 research preprint. Related Reading Bitcoin…
Pragma flags 6 price feeds as critical risk following $3.5M Starknet lending exploit
Oracle provider Pragma classified 6 of 22 mainnet market and rate feeds as critical risk in a Sept. 18 assessment, warning lenders that an available token price does not establish that collateral can be sold to cover a loan. The liquidity report followed…
L2 growth and $120 billion in staking hide Ethereum’s supply reality
Ethereum’s institutional data hub showed about $120 billion in staked ETH and $40.4 billion in daily average total value locked on layer-2 (L2) networks in a Sept. 21 snapshot. They measure different things: ETH committed to network security and…
ECB launches ‘digital euro for banks’ and prepares to buy tokenized bonds
The Eurosystem launched Pontes on Monday, giving banks a live route to settle tokenized assets in central-bank money. The European Central Bank (ECB) simultaneously began preparations to invest a small portion of its own funds in tokenized securities,…
How cutting power to Bitcoin miners can actually burn more energy
Some Bitcoin mining vardiff (variable difficulty) controllers can keep demanding work calibrated for a machine’s former speed after it cuts hashrate. The miner can keep hashing and consuming electricity while accepted shares become vanishingly…
One wallet links $1.55 million FetchAI theft to massive 408.5 million NTX mint
A coordinated attack drained 8.7 million FET and used a compromised NuNet minter key to create 408.5 million NTX. The Sept. 19 attack emptied the Ethereum-side conversion contract used by SingularityNET’s bridge, removing 8,721,530 FET worth about $1.55…
Charles Hoskinson says Cardano no longer comes first – its treasury vote explains why
Cardano’s delegated governance voters let a 12.29 million ADA request for Pogun expire without ratification, showing that Input Output’s history as a founding builder does not guarantee access to the network’s treasury. Pogun is an…
Why keeping your private keys safe won’t always stop crypto theft
Almost 4,000 Bitcoin left Liquid’s reserve on Sept. 6 through a withdrawal the network approved, even though the private keys used to authorize it hadn’t been stolen. Software had accepted a withdrawal that should never have qualified. Liquid…