WazirX unveils a Scheme of Arrangement to recover from the $234 million cyberattack, ensuring fair asset distribution and future stability. In July 2024, WazirX, one of India’s largest cryptocurrency exchanges, faced a security breach that led to the loss of millions in digital assets. The attack, attributed to North Korean hackers, significantly impacted user funds […]
An Ethereum private key is a 256-bit number, typically represented as a 64-character hexadecimal string. It plays a crucial role in securing an Ethereum account and ensuring only the rightful owner has control. Ethereum private keys are generated using cryptographic algorithms and must be kept secret. It allows users to sign transactions and interact with […]
A malicious Python Package Index (PyPI) package named “set-utils” has been discovered stealing Ethereum private keys by intercepting wallet creation functions and exfiltrating them via the Polygon blockchain. Disguised as a utility for Python, it mimics popular packages like “python-utils” and “utils,” which have millions of downloads. Researchers from the developer cybersecurity platform Socket identified […]