nding Apple customers disable iMessage, citing “credible intel” about a zero-day issue that might allow hackers to take control of their phones.

“Alert for iOS users: We have credible intel regarding a high-risk zero-day exploit targeting iMessage on the Dark Web,” the business said on X. The firm emphasized that the zero-day attack can penetrate and take control of iPhone users without requiring them to open a link and that high-value account holders are particularly vulnerable.

Alleged iMessage Zero-Day Threat Sparks Controversy
A zero-day exploit is a cyberattack vector that makes use of an undiscovered or unpatched security hole in computer software, hardware, or firmware. Trust Wallet stated that any cryptocurrency wallets stored on an iPhone with iMessage enabled are in danger. Eowyn Chen, the firm’s CEO, shared a screenshot of what she believes is a potential zero-day exploit with an asking price of $2 million.

Trust Wallet recently issued a warning about a potential zero-day exploit targeting iMessage on iOS devices. However, several industry experts have dismissed the threat, calling it unsubstantiated. Pseudonymous blockchain analyst Beau pointed out the lack of evidence for an iOS hack, emphasizing that Trust Wallet’s alert could cause unnecessary panic.

Despite this skepticism, Trust Wallet’s notice garnered significant attention, with over 1.2 million users viewing it within the first four hours. The company clarified that their information came from their security team and partners, who are actively monitoring risks. Meanwhile, Apple has released emergency security fixes to address two iOS zero-day vulnerabilities used in recent iPhone attacks. Kaspersky security researchers note that hackers have previously exploited Apple’s iMessage as an attack vector.

Additionally, cybersecurity firm Halborn warned that over 280 blockchain networks are vulnerable to zero-day attacks, potentially putting over $25 billion in cryptocurrency at risk.

The post iMessage Zero-Day Exploit: Trust Wallet Warns of Hack, But Is It Real? appeared first on Coin Engineer.

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This decision reinforced a previous ruling in which the government claimed rights over digital assets associated with Silk Road’s illegal activities. The seized assets include cryptocurrencies such as Bitcoin, Bitcoin Gold (BTG), Bitcoin SV (BSV), and Bitcoin Cash (BCH).

The U.S. court made a decision in August of 2020 regarding assets exceeding the value of the Bitcoin seized in connection with the illegal activities of the Silk Road, following the U.S Department of Justice’s asset seizure decision. This decision was made after an individual known as “Person X” hacked into the Silk Road and took control.

Earlier reports stated that the Silk Road’s hacker was James Zhong and that Zhong was sentenced to a year in prison in April.

On July 2nd, a cryptocurrency wallet associated with the United States Department of Justice (DOJ) moved approximately 9,825.25 Bitcoins worth about $299 million linked to the Silk Road and carried out various transactions. Crypto analysts are closely monitoring these fund movements because they are evaluating the effects of a large sale that can be made by the U.S. government on Bitcoin prices.

Ross Ulbricht, founder and manager of the illicit marketplace infamous for drug and weapon sales between 2011-2013, was sentenced to life in prison in the Silk Road case. In 2022, Ulbricht decided to use stolen Bitcoins worth $3 billion to pay his debt to the U.S. government and to forfeit his claim to 69,470 Bitcoins.

The post Court Makes Decision on Silk Road Case! appeared first on Coin Engineer.