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December 2021

Assets not affected have been transferred to cold wallets while the investigation is carried out, the exchange said. Cryptocurrency exchange AscendEX suffered a hack for an estimated $77 million following a breach of one its hot wallets. On Sunday, AscendEX announced via Twitter that it had identified a number of unauthorized transactions from one of its hot wallets on Saturday.Assets not affected have been transferred to cold wallets while...

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It doesn’t get much worse than this, at least according to cybersecurity experts. The RCE bug currently being actively exploited in the widely used Apache Log4j promises to leave a trail of damage and destruction in its wake, even for those who quickly take action against it.   “This is a worst-case scenario. The combination of Log4j’s ubiquitous use in software and platforms; the many, many paths available to...

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