🔐 Cybersecurity News (October 9, 2023):

1️⃣ According to "Izvestia" newspaper, the artist Sergey Galanter from Krasnodar has created a fraudulent scheme selling digital paintings for #cryptocurrency and deceived over 200 people for an amount exceeding $6 million. It is important to be vigilant not only in the world of cryptocurrencies but also in the art world! 🎨💔

2️⃣ The social media platform Friend.tech's counterpart, Stars Arena app, deployed on the Avalanche #blockchain protocol, has become a target of a hacking attack. As a result of the smart contract breach, assets worth $2.9 million were stolen. PeckShield experts identified the reentry problem in the smart contract as the main vulnerability. The hack could be related to a malfunction in the getPrice function. This serves as a serious reminder of the continuous need to improve security in the world of cryptocurrencies! 💻🛡️

3️⃣ The crypto development platform Gitcoin acknowledged a loss of 521,440 #gtc (approximately $460,000) due to an erroneous transfer to an irretrievable contract address. It is important to exercise utmost caution and carefully verify every transaction! 💰🔍

4️⃣ South Korean #bitcoin exchange Upbit experienced 159,061 hacking attempts in just the first 6 months of 2023. Well done, Upbit, for their strong defenses! 🛡️💪

5️⃣ The Financial Conduct Authority (FCA) of the United Kingdom has compiled a list of 143 companies with whom it is recommended to avoid doing business. It is interesting to know who is included on that list! 💼🚫

💡 These stories serve as vivid examples that security is of paramount importance in the world of cryptocurrencies. Be vigilant, use trusted platforms, and never forget the importance of safeguarding your assets. 😉🌟