#1 Trusted Cybersecurity News Platform
Followed by 5.20+ million
The Hacker News Logo
Subscribe – Get Latest News
DevSecOps

initial coin offering | Breaking Cybersecurity News | The Hacker News

Category — initial coin offering
EtherParty Breach: Another Ethereum ICO Gets Hacked

EtherParty Breach: Another Ethereum ICO Gets Hacked

Oct 03, 2017
Etherparty announced Sunday that its ICO (Initial Coin Offering) website selling tokens for a blockchain-based smart contract tool was hacked and the address for sending funds to buy tokens was replaced by a fraudulent address controlled by the hackers. Vancouver-based Etherparty is a smart contract creation tool that allows its users to create smart contracts on the blockchain. Companies like this launch ICO to let them raise funding from multiple sources. Etherparty said the company launched its Fuel token sale on Sunday, October 1 at 9 A.M. PDT, but just 45 minutes, some unknown attackers hacked into its ICO website and replaced the legitimate address by their own, redirecting cryptocurrencies sent by investors into their digital wallet. According to the details released by the Etherparty team, the company detected the hack after just 15 minutes and immediately took its website down for nearly one and half hour to fix the issue, preventing more people from sending funds to ...
China Bans Fundraising Through Initial Coin Offering (ICO)

China Bans Fundraising Through Initial Coin Offering (ICO)

Sep 04, 2017
China's central bank today announced an immediate ban on all ICO—Initial Coin Offering—fundraising, to prevent fraud and illegal fundraising. ICO is the hottest new thing in the blockchain world, which is an alternative to crowdfunding that lets a firm raise funding from multiple sources. The People's Bank of China (PBoC), the country's central bank and financial regulator, has issued an official notice on Monday, forbidding "all types of currency issuance financing activities" that have "seriously disrupted the economic and financial order." This PBoC's bold move has been backed by many other Chinese government administrators and regulators including the China Securities Regulatory Commission, China Insurance Regulatory Commission and the Ministry of Industry and Commerce, and China Banking Regulatory Commission. This move marks the end of an era of ICO fundraising in China. The regulator claims that ICOs are being misused for "...
SOC Analysts - Reimagining Their Role Using AI

SOC Analysts - Reimagining Their Role Using AI

Jan 30, 2025AI Security / SOC Automation
The job of a SOC analyst has never been easy. Faced with an overwhelming flood of daily alerts, analysts (and sometimes IT teams who are doubling as SecOps) must try and triage thousands of security alerts—often false positives—just to identify a handful of real threats. This relentless, 24/7 work leads to alert fatigue, desensitization, and increased risk of missing critical security incidents. Studies show that 70% of SOC analysts experience severe stress, and 65% consider leaving their jobs within a year . This makes retention a major challenge for security teams, especially in light of the existing shortage of skilled security analysts . On the operational side, analysts spend more time on repetitive, manual tasks like investigating alerts, and resolving and documenting incidents than they do on proactive security measures. Security teams struggle with configuring and maintaining SOAR playbooks as the cyber landscape rapidly changes. To top this all off, tool overload and siloed ...
Warning: Enigma Hacked; Over $470,000 in Ethereum Stolen So Far

Warning: Enigma Hacked; Over $470,000 in Ethereum Stolen So Far

Aug 21, 2017
More Ethereum Stolen! An unknown hacker has so far stolen more than $471,000 worth of Ethereum—one of the most popular and increasingly valuable cryptocurrencies—in yet another Ethereum hack that hit the popular cryptocurrency investment platform, Enigma . According to an announcement made on their official website an hour ago, an "unknown entity" has managed to hack their website, slack account and email newsletter accounts, and uploaded a fake pre-sale page with a fake ETH address to send money. The hackers also spammed their fake address in Enigma's newsletter and slack accounts for pre-sale coins, tricking victims to send their cryptocurrencies to hacker's address. Etherscan, a popular search engine for the Ethereum Blockchain that allows users to look up, confirm and validate transactions easily, has already flagged the address as compromised, but people are still sending ETH to the fake address (given below). 0x29d7d1dd5b6f9c864d9db560d72a247c178ae86...
cyber security

Practical, Tactical Guide to Securing AI in the Enterprise

websiteTinesEnterprise Security / AI Security
Supercharge your organization's AI adoption strategy, and go from complex challenges to secure success.
Expert Insights / Articles Videos
Cybersecurity Resources