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Indian Authority Busts Cryptocurrency Fraud Ring Targeting Foreign National
9.6.2024
India’s Enforcement Directorate (ED) has cracked down on a cryptocurrency fraud ring targeting a foreign national. The accused persuaded the victim to transfer $400,000 to a cryptocurrency account set up using unauthorized remote access. The ED seized digital evidence, froze fixed deposits...
Binance Freezes $4.2 Million in Stolen XRP; Ripple Investigation Aided by XRP Ledger Foundation
3.2.2024
After the unauthorized access of Ripple co-founder Chris Larsen’s personal holdings, Binance CEO Richard Teng revealed that the platform had successfully “managed to freeze $4.2 million” of the compromised assets. Teng elaborated that Binance is committed...
Ripple Co-founder Hacked of Over $112 Million Worth of XRP
31.1.2024
Ripple executive chairman and co-founder Chris Larsen has taken to social media to clarify reports of the payment protocol being hacked on Wednesday. Larsen’s Accounts Hacked “Yesterday, there was unauthorized access to a few of my personal XRP accounts (not @Ripple) – we were quickly able...
Animoca-Backed Gaming Blockchain Reveals $15M Token Exploit
23.1.2024
Blockchain gaming project GAMEE fell victim to a token hack on Monday, losing 600m GMEE tokens valued at about $15.3m. The team revealed in an X post on Tuesday that “unauthorized access” to the GMEE token contracts on the Polygon network resulted in the loss of funds. “The exploit...
Trezor Security Breach Exposes 66K Users: Phishing Risks Heightened
21.1.2024
Trezor has reported a security breach that has exposed the contact information of nearly 66,000 of its users. The incident came to light on January 20, when Trezor officially announced that unauthorized access had been identified on a third-party support portal on January 17. According to...
Crypto App Shakepay Reveals Data Breach Affecting a ‘Small Number’ of Customers
16.12.2023
In a recent announcement, Shakepay, the Canadian crypto app, disclosed a data breach involving unauthorized access to personal information of a select group of its customers. The breach, detected on Dec. 13, 2023, compromised data but did not affect any bank accounts, crypto wallets, or customer...
Hacker Steals $25 Million from Kronos Research Through Compromised API Keys
20.11.2023
Trading firm Kronos Research fell victim to a hack, resulting in a theft of $25 million by an unauthorized entity that accessed its compromised API keys. On November 19, Kronos Research disclosed via a post on X (formerly Twitter) about a security incident that involved unauthorized access to...
Two Russians Charged for Infiltrating Mt Gox and Operating Illicit Crypto Exchange, BTC-e
9.6.2023
In a statement issued on Friday, the U.S. Department of Justice (DOJ) revealed that two Russian individuals have been accused of infiltrating a cryptocurrency exchange and running an unlawful exchange. Reportedly, the pair gained unauthorized access to Mt Gox’s servers from 2011 to 2014...
FTX CEO Confirms Reports of ‘Unauthorized Access to Certain Assets,’ Team Is ‘Coordinating With Law Enforcement’
12.11.2022
Following the reports that said FTX wallets were being drained and the FTX Telegram channel’s admins that detailed its possible malware might be present in FTX-related apps and websites, the company’s new CEO John Ray confirmed there were “unauthorized transactions.” The news was shared by...
BlockFi confirms unauthorized access to client data hosted on Hubspot
19.3.2022
As a third-party vendor for BlockFi, Hubspot stored user data such as names, email addresses and phone numbers, which has been historically used for conducting phishing attacks
User Registration and Auth Using Firebase and React
2.2.2022
The ability to identify users is vital for maintaining the security of any applications. Equally important is the code that’s written to manage user identities, particularly when it comes to avoiding loopholes for unauthorized access to data held by an …
User Registration and Auth Using...
Coinbase Reveals Massive Hack of User Accounts: Over 6,000 Customers Lost Funds
2.10.2021
The Nasdaq-listed cryptocurrency exchange Coinbase has disclosed that at least 6,000 users were victims of a hacking campaign to gain unauthorized access to the accounts of Coinbase customers. The hackers also took advantage of a flaw in Coinbase’s SMS Account Recovery process to gain access...
AT&T Sued by Customer After Security Breach Led to Theft of Cryptocurrency
19.9.2021
An AT&T customer filed a lawsuit against the company last week accusing it of failing to provide “reasonable and appropriate security to prevent unauthorized access to its customer wireless accounts.” This has led to the theft of cryptocurrency from the plaintiff’s crypto...