NFT News Daily TheBittimes.com

November sees a dramatic spike in cryptocurrency losses , totaling $173 million, with major hacks at Poloniex and a phishing incident leading the surge. November has witnessed a significant surge in financial losses due to crypto hacks, with the total reaching approximately $173 million. This figure is primarily driven by two major events that account for 91% of the total losses . According to CertiK, November has already recorded the fourth-highest monthly losses in 2023.  #CertiKSkynetAlert #ICYMI Losses in November had so far reached $173 million with two incidents making up 91% of the losses . 10 Nov: Poloniex ~$131m 11 Nov: Phishing incident ~$27m November already has the 4th highest losses of any month this year. — CertiK Alert (@CertiKAlert) November 17, 2023 You might also like: Poloniex hot wallet hacked with losses reportedly over $33m This surge was driven by the recent hack of Poloniex. Hackers infiltrated the exchange’s hot wallet, leading to...

Security platform CertiK has released a video demonstrating a critical vulnerability exploit on Solana’s flagship Saga phone.  Blockchain security platform CertiK claimed that the Solana Saga phone has a major vulnerability that could allow hackers to create a backdoor into its software and compromise the device. Certik posted a minute-long video on X (formally known as Twitter), demonstrating how a hacker could potentially override the device during startup and gain unauthorized root access.  Ever wondered about the security of your Web3 devices? Our newest exploration reveals a significant bootloader vulnerability in the Solana Phone, a challenge not just for this device but for the entire industry. Our commitment to enhancing security standards is unwavering. … pic.twitter.com/lHZ5W7hXzy — CertiK (@CertiK) November 15, 2023 CertiK claimed that because of this vulnerability , the software integrity of Solana’s Android OS cannot be guaranteed. Any data stored o...