Sunday, April 2, 2023
  • Advertise With Us
  • Write For Us
  • Contact Us
  • About Us
  • Editorial Calendar
Download Latest Issue - Free!
The Cyber Express
Ransomware Report
  • MagazineDownload
  • Firewall Daily
    • All
    • Dark Web News
    • Data Breach News
    • Hacking News
    • Ransomware News
    • Vulnerabilities

    Creal Information Stealer Phish Out Cryptocurrency Users

    New Advisory on Thunderbird Vulnerability

    Mozilla Foundation Releases New Advisory on Thunderbird Vulnerability

    Hacktivism

    Hacktivism and The New Age of Cyber Warfare

    3CX

    Global 3CX Telephone App Users at Risk, CEO Blames ‘Upstream Library’

    HACLA Cyber Attack

    Here’s Everything We Know About HACLA Cyber Attack Claimed by LockBit

    Microsoft Bing Search Results

    Microsoft Bing Search Results Altered Through AAD Misconfiguration

    World Data Backup Day

    World Data Backup Day: Are You Doing it Right?

    UK on AI

    UK Government to Go Light on AI Regulation; Musk, Wozniak Call for Six-month Halt on AI

    Spyware Vendor

    Spanish Spyware Vendor’s Product Used to Target UAE Users, Finds Google

  • Essentials
    • All
    • Compliance
    • Governance
    • Policy Updates
    • Regulations
    cybersecurity-education-legislation

    North Dakota Approves Computer Science and Cybersecurity Education Legislation for K-12 Grades

    BreachForums

    FBI Arrests BreachForums Operator ‘Pompompurin’, Slaps Cybercrime Charges

    Cybersecurity Excellence Awards

    Cybersecurity Excellence Awards: Cyble Rated Fastest Growing Cybersecurity Company

    Insider threat mitigation

    Behavioral Psychology, a Boon for Insider Risk Mitigation

    Safer Internet

    International Safer Internet Day: How Safe Are Our Teenagers Online?

    TRAI

    TRAI Asked to Involve MoD in Drafting Big Data Regulations & Policies

    cybersecurity

    Cybersecurity incidents may soon be ‘uninsurable’

    Australia

    Australia Ropes in Tech Veterans to Set Up Cyber Action Plan

    Active Directory

    Prevent Ransomware: Save the Active Directory

    • Regulations
    • Compliance
    • Governance
    • Policy Updates
  • Features
    • Cyber Warfare
    • Espionage
    • Workforce
      • Learning & Development
  • Business News
    • All
    • Appointments
    • Budgets
    • Mergers & Aquisitions
    • Partnerships
    • Press Release
    • Startups
    CISA

    13 Specialists to Join Forces with CISA’s Cybersecurity Advisory Committee

    GISEC Global 2023

    GISEC Global 2023: H.E. Dr Mohamed Hamad Al-Kuwaiti Recognized for Outstanding Contributions in Advancing Global Cybersecurity

    GISEC Global 2023

    GISEC Global 2023: Knowledge Sharing, Collaboration Vital to Fend off Cyberattacks, say Experts

    Call & Contact Center Expo 2023 Las Vegas

    Call & Contact Center Expo 2023 Las Vegas

    Former BookMyShow CTO Mahesh Vandi Chalil

    Cyble Appoints Former BookMyShow CTO Mahesh Vandi Chalil as Chief Product and Technology Officer

    GISEC 2023

    GISEC 2023: Microsoft Highlights Zero Trust Approach and Mixed Reality Policing Tools

    GISEC Global 2023

    GISEC Global 2023: ‘Take the Fight to Cyber Attackers’ Urges UAE Cybersecurity Council Paper

    Cyble in Forbes List

    Cyble Recognized by Forbes as One of America’s Best Startup Employers 2023

    Cybersecurity Excellence Awards

    Cybersecurity Excellence Awards: Cyble Rated Fastest Growing Cybersecurity Company

    • Startups
    • Mergers & Aquisitions
    • Partnerships
    • Appointments
    • Budgets
    • Research
      • Whitepapers
      • Sponsored Content
      • Market Reports
    • Interviews
      • Podcast
  • EventsCyberCon
    •  Cyber Security Webinar
    • World CyberCon Middle East 2023
    • Endorsed Events
No Result
View All Result
The Cyber Express
  • MagazineDownload
  • Firewall Daily
    • All
    • Dark Web News
    • Data Breach News
    • Hacking News
    • Ransomware News
    • Vulnerabilities

    Creal Information Stealer Phish Out Cryptocurrency Users

    New Advisory on Thunderbird Vulnerability

    Mozilla Foundation Releases New Advisory on Thunderbird Vulnerability

    Hacktivism

    Hacktivism and The New Age of Cyber Warfare

    3CX

    Global 3CX Telephone App Users at Risk, CEO Blames ‘Upstream Library’

    HACLA Cyber Attack

    Here’s Everything We Know About HACLA Cyber Attack Claimed by LockBit

    Microsoft Bing Search Results

    Microsoft Bing Search Results Altered Through AAD Misconfiguration

    World Data Backup Day

    World Data Backup Day: Are You Doing it Right?

    UK on AI

    UK Government to Go Light on AI Regulation; Musk, Wozniak Call for Six-month Halt on AI

    Spyware Vendor

    Spanish Spyware Vendor’s Product Used to Target UAE Users, Finds Google

  • Essentials
    • All
    • Compliance
    • Governance
    • Policy Updates
    • Regulations
    cybersecurity-education-legislation

    North Dakota Approves Computer Science and Cybersecurity Education Legislation for K-12 Grades

    BreachForums

    FBI Arrests BreachForums Operator ‘Pompompurin’, Slaps Cybercrime Charges

    Cybersecurity Excellence Awards

    Cybersecurity Excellence Awards: Cyble Rated Fastest Growing Cybersecurity Company

    Insider threat mitigation

    Behavioral Psychology, a Boon for Insider Risk Mitigation

    Safer Internet

    International Safer Internet Day: How Safe Are Our Teenagers Online?

    TRAI

    TRAI Asked to Involve MoD in Drafting Big Data Regulations & Policies

    cybersecurity

    Cybersecurity incidents may soon be ‘uninsurable’

    Australia

    Australia Ropes in Tech Veterans to Set Up Cyber Action Plan

    Active Directory

    Prevent Ransomware: Save the Active Directory

    • Regulations
    • Compliance
    • Governance
    • Policy Updates
  • Features
    • Cyber Warfare
    • Espionage
    • Workforce
      • Learning & Development
  • Business News
    • All
    • Appointments
    • Budgets
    • Mergers & Aquisitions
    • Partnerships
    • Press Release
    • Startups
    CISA

    13 Specialists to Join Forces with CISA’s Cybersecurity Advisory Committee

    GISEC Global 2023

    GISEC Global 2023: H.E. Dr Mohamed Hamad Al-Kuwaiti Recognized for Outstanding Contributions in Advancing Global Cybersecurity

    GISEC Global 2023

    GISEC Global 2023: Knowledge Sharing, Collaboration Vital to Fend off Cyberattacks, say Experts

    Call & Contact Center Expo 2023 Las Vegas

    Call & Contact Center Expo 2023 Las Vegas

    Former BookMyShow CTO Mahesh Vandi Chalil

    Cyble Appoints Former BookMyShow CTO Mahesh Vandi Chalil as Chief Product and Technology Officer

    GISEC 2023

    GISEC 2023: Microsoft Highlights Zero Trust Approach and Mixed Reality Policing Tools

    GISEC Global 2023

    GISEC Global 2023: ‘Take the Fight to Cyber Attackers’ Urges UAE Cybersecurity Council Paper

    Cyble in Forbes List

    Cyble Recognized by Forbes as One of America’s Best Startup Employers 2023

    Cybersecurity Excellence Awards

    Cybersecurity Excellence Awards: Cyble Rated Fastest Growing Cybersecurity Company

    • Startups
    • Mergers & Aquisitions
    • Partnerships
    • Appointments
    • Budgets
    • Research
      • Whitepapers
      • Sponsored Content
      • Market Reports
    • Interviews
      • Podcast
  • EventsCyberCon
    •  Cyber Security Webinar
    • World CyberCon Middle East 2023
    • Endorsed Events
No Result
View All Result
The Cyber Express
No Result
View All Result
Home Firewall Daily

Crypto Firm Nomad Bridge hacked, losses $200 million

Editorial by Editorial
August 3, 2022
in Firewall Daily, Hacking News
4
nomad data breach
588
SHARES
3.3k
VIEWS
Share on LinkedInShare on Twitter

Malicious actors hacked into the system of the Nomad bridge, a crypto project that allows users to move digital assets between blockchains, draining nearly $200 million of their funds. Nomad addressed the hack in a tweet and said:

We’re aware of impersonators posing as Nomad and providing fraudulent addresses to collect funds. We aren’t yet providing instructions to return bridge funds. Disregard comms from all channels other than Nomad’s official channel: @nomadxyz_

— Nomad (⤭⛓🏛) (@nomadxyz_) August 2, 2022

You might also like

Fake Accounts Are a Bigger Problem Than Businesses Realize

Creal Information Stealer Phish Out Cryptocurrency Users

Mozilla Foundation Releases New Advisory on Thunderbird Vulnerability

The breach took place on Monday evening, with $45 million getting hacked by 7:15 P.M. This is the latest incident that has caused severe damage to crypto bridges following similar attacks on Axie Infinity’s Ronin Bridge that lost over $600 million.

A crypto investment firm Paradigm researcher, @samczsun, explained that the breach may have been due to a recent update on Nomad’s smart contracts. The upgrade showed zero hash as a valid root. This might have led to the spoofing of messages on Nomad. It may have made it simpler for hackers to spoof transactions, allowing users to withdraw money that wasn’t theirs.

In a series of tweets, the researcher explained that the hack could have been completed by putting credentials of others whose transactions had been successful. All they needed was to replace the contact details to complete the fraudulent transaction, adding that it might have been as simple as copy-pasting credentials to fetch money from others’ accounts.

It is also speculated that the hack could be connected to the event of making the complete list of investors public with the likes of @coinbase, @Cryptocom_Cap and @0xPolygon being mentioned on it. Last week, Nomad expressed its goal of making communications across blockchains safer. They added that they believe that secure cross-chain messaging is key to uniting DeFi ecosystems and unlocking block space’s true power and potential.

Share this:

  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • More
  • Click to email a link to a friend (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related

Tags: bitcoinsblockchainscrypto bridgescryptocurrencycyber expresscyber express newscybercrimehackNomad bridgenomad bridge hacknomad hackedRonin Bridgestablecoinsthere
Previous Post

Community Colleges can Combat Cybersecurity Workforce Gap

Next Post

Indian IT Ministry Blocks Thousands of URLs Citing Cybersecurity Threats

Editorial

Editorial

The Cyber Express is a publication that aims to provide the latest news and analysis about the information security industry. The news comes from a variety of sources and is updated regularly so that readers can stay up to date with the latest happenings in this rapidly growing field.

Related Posts

Fake Accounts
Features

Fake Accounts Are a Bigger Problem Than Businesses Realize

by Editorial
April 2, 2023
Firewall Daily

Creal Information Stealer Phish Out Cryptocurrency Users

by Vishwa Pandagle
April 1, 2023
New Advisory on Thunderbird Vulnerability
Firewall Daily

Mozilla Foundation Releases New Advisory on Thunderbird Vulnerability

by Ashish Khaitan
April 1, 2023
Hacktivism
Firewall Daily

Hacktivism and The New Age of Cyber Warfare

by Editorial
April 1, 2023
3CX
Cybersecurity News

Global 3CX Telephone App Users at Risk, CEO Blames ‘Upstream Library’

by Chandu Gopalakrishnan
March 31, 2023
Next Post
IT Ministry

Indian IT Ministry Blocks Thousands of URLs Citing Cybersecurity Threats

Comments 4

  1. Pingback: Mars Stealer Virus Sold on Fake Websites
  2. Pingback: Crypto ZB Exchange Hacked, Suspected Losing Nearly $5 Million
  3. Pingback: Crypto Bridge Vulnerabilities Cause Damage Worth $1.4 billion
  4. Pingback: Transactions at Bluebenx Halted After $32 Million Hack

Latest Issue is Out. Subscribe Now

Download Now

CRIL


Follow Us On Google News

Never miss an update. Subscribe!

* indicates required

Top 10 Cybersecurity Jobs

Categories

About The Cyber Express

The Cyber Express

Cyber Security News and Magazine

The Cyber Express is a handbook for all stakeholders of the internet that provides information security professionals with the latest news, updates and knowledge they need to combat cyber threats.

Follow The Cyber Express

Contact

For editorial queries: [email protected]

For marketing and Sales: [email protected]

For Sponsorship/Event Partnership: [email protected]

For Conferences related information: [email protected]

Our Address

We’re remote friendly, with office locations around the world:

San Francisco, Atlanta, Rome,
Dubai, Mumbai, Bangalore, Hyderabad,  Singapore, Jakarta, Sydney, and Melbourne

 

Headquarters:

The Cyber Express LLC
555 North Point Center E
Alpharetta, GA 30022, USA.

Tel: (678) 578-8838

Events: +1 (678) 578-4140

 

India Office:

Cyber Express Media Network
HD-021, 4th Floor, C Wing, Building No.4. Nesco IT Park, WE Highway, Goregaon East, Mumbai, Maharashtra, India – 4000063

Tel: (678) 578-8838

Events: +1 (678) 578-4140

Subscribe to Our Feed

RSS Feeds

Follow Us On Google News

© 2022 The Cyber Express (Cyber Security News and Magazine) | By Cyble Inc.

No Result
View All Result
  • Firewall Daily
  • Business News
  • Cyber Essentials
  • Features
  • Cyber Security Magazine
  • Events
    • World CyberCon Middle East 2023
    •  Cyber Security Webinar

© 2022 The Cyber Express (Cyber Security News and Magazine) | By Cyble Inc.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.