Crypto Trading Firm Wintermute Loses $160 Million in Hacking Incident

In what’s the latest crypto heist to target the decentralized finance (DeFi) space, hackers have stolen digital assets worth around $160 million from crypto trading firm Wintermute. The hack involved a series of unauthorized transactions that transferred USD Coin, Binance USD, Tether USD, Wrapped ETH, and 66 other cryptocurrencies to the attacker’s wallet. The company…

Record DDoS Attack with 25.3 Billion Requests Abused HTTP/2 Multiplexing

Cybersecurity company Imperva has disclosed that it mitigated a distributed denial-of-service (DDoS) attack with a total of over 25.3 billion requests on June 27, 2022. The “strong attack,” which targeted an unnamed Chinese telecommunications company, is said to have lasted for four hours and peaked at 3.9 million requests per second (RPS). “Attackers used HTTP/2…