Radiant Capital Hack & NFT Scam Sites Shutdown
Cybersecurity Challenges in the Crypto World ⚡
North Korean Hackers Target Radiant Capital
In a significant cybersecurity breach, Radiant Capital, a decentralized finance platform, fell victim to a $50 million hack attributed to North Korean threat actors. The attackers used sophisticated phishing tactics, posing as a former contractor to deliver malware via Telegram. This incident underscores the vulnerabilities in DeFi platforms, which are increasingly targeted by advanced threat actors. For Southeast Asia, particularly Indonesia, where crypto adoption is on the rise, this serves as a crucial reminder of the importance of implementing stringent security protocols to protect digital assets.
Brooklyn DA Shuts Down NFT Scam Sites
The Brooklyn District Attorney’s Office has dismantled 40 fraudulent NFT marketplace websites following a scam that defrauded an 85-year-old artist of $135,000. The scam involved fake NFT platforms resembling legitimate sites like OpenSea, tricking victims into revealing sensitive information. This crackdown highlights the pervasive nature of crypto scams and the need for vigilance among artists and investors. As the NFT market gains traction in Southeast Asia, awareness and education about such scams are vital to safeguard the burgeoning digital art community in the region.