# attack Related Articles

Bank of Italy Warns ETH Price Crash Could Disrupt Ethereum Network

A Bank of Italy study warns that a severe crash in Ethereum's price could cause the entire network to fail, potentially freezing over $800 billion in assets, including stablecoins and tokenized bonds. The risk stems from Ethereum’s validator-based economy: if ETH’s value drops too low, validators may stop processing transactions due to unprofitable operations, halting the network’s ability to finalize transactions. This would render all on-chain assets immovable, even if they are inherently trustworthy. Additionally, a lower ETH price makes the network cheaper to attack, as the cost to manipulate transactions decreases significantly. In such a crisis, moving assets off-chain would be difficult due to fragile bridges and locked DeFi apps, with no central authority to intervene. The report emphasizes that since real financial assets are built on Ethereum, a crypto crash could spill over into traditional finance, and may lead regulators to require backup systems and external record-keeping.

TheNewsCryptoYesterday 11:16

After Three Days on Hotel Wi-Fi, My Crypto Wallet Was Drained

While on vacation, the author connected to an unsecured hotel Wi-Fi network without a password, only a captive portal login. After discussing cryptocurrency topics on a phone call in a shared space, an attacker nearby identified him as a crypto user with a Phantom wallet. The attacker executed a man-in-the-middle attack, injecting malicious code into a webpage the author visited. While using JupiterExchange for a swap, a fraudulent transaction approval request was triggered, disguised as a legitimate platform action. The author approved what appeared to be an authorization or session confirmation—not a direct fund transfer—granting the attacker permission to access his wallet. Days after leaving the hotel, the attacker drained his SOL, tokens, and NFTs. The author lost around $5,000 from a secondary hot wallet, emphasizing mistakes: using public Wi-Fi, discussing crypto in public, and approving transactions without thorough verification. He advises using mobile hotspots, avoiding public crypto discussions, and scrutinizing every wallet request.

marsbit01/09 11:03

Crypto Phishing Losses Crash By 83% In 2025 – Details

Crypto phishing losses plummeted by 83% in 2025, falling from $494 million to $83.85 million, with victim count dropping 68% to 106,106. Despite the decline, Web3 security firm Scam Sniffer warns this does not indicate reduced threat levels, as losses correlated with market activity—peaking in Q3 during high user engagement. A new threat emerged with EIP-7702 exploits, enabling bundled malicious transactions via account abstraction. Permit/Permit2 signatures remained the leading attack method, responsible for 38% of large-case losses. Major incidents included a $1.46 billion breach by the Lazarus group. While reported losses fell, attackers may be shifting to harder-to-track methods like private key theft or targeted social engineering.

bitcoinist01/04 19:01

Hundreds of Wallets Drained on EVM Chains With No Root Cause, ZachXBT Warns — $107K Lost So Far and Counting

Blockchain investigator ZachXBT warns of a coordinated attack draining hundreds of crypto wallets across multiple Ethereum Virtual Machine (EVM)-compatible chains, with no confirmed root cause yet identified. The incident has resulted in approximately $107,000 in losses so far, with the total continuing to rise. Each affected wallet lost relatively small amounts, typically under $2,000, suggesting a broad but low-value attack designed to avoid detection. ZachXBT flagged a suspicious address potentially linked to the activity. This follows a separate security incident over the Christmas holiday involving unauthorized withdrawals from self-custody wallets, which Trust Wallet later confirmed was related to its Browser Extension version 2.68. These incidents highlight ongoing security risks in the EVM ecosystem, despite long-term efforts to strengthen network resilience, such as the Ethereum Foundation's "Lean Ethereum" initiative aimed at improving security and scalability.

ccn.com01/02 13:25

Due to the Flow Attack Incident, Loan Settlements on Flowty Platform Have Been Suspended

Due to the Flow blockchain attack on December 27, NFT-backed loans within the ecosystem have entered a "legal vacuum." The temporary suspension of the network’s execution environment prevented multiple borrowers from making timely repayments, resulting in defaults. Lending platform Flowty has paused all loan settlements, citing that the network has not yet fully recovered—for instance, token exchanges remain restricted. Currently, matured loans are neither being settled nor marked as defaults, leaving them in a pending state. This measure aims to prevent forced defaults caused by network instability and protect users' NFT assets. Flowty has disabled new loan offerings and plans to reopen repayment windows once ecosystem stability is restored.

比推12/31 20:59

Winter coat saves NYC tourist from serious stab injury in wild Times Square attack

A winter coat prevented a tourist from sustaining serious injuries when he was stabbed in a seemingly unprovoked attack in Times Square. The incident, captured on video, shows the assailant approaching the victim and striking him in the back before fleeing. The victim's thick jacket absorbed much of the impact, protecting him from a more severe wound. He was treated at the scene by emergency responders. The suspect was later taken into custody by police. The attack is part of a recent series of violent incidents in the popular Manhattan tourist destination, raising ongoing concerns about public safety.

nypost12/09 03:09

Two men slashed by machete-wielding attacker at NYC subway station: cops

An attack occurred at a New York City subway station where two men were slashed by an assailant wielding a machete, according to police. The incident was captured on video, showing the full event. Authorities are investigating the violent assault.

nypost12/08 07:59

Utah dad accused of stabbing sex offender over 17 times after he ‘made comments’ about his daughter

nypost12/08 05:14