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Lazarus Group Suspected in $54M Coinex Hack Following Recent Stake.com Breach


The North Korean hacking syndicate Lazarus Group was likely behind the recent Coinex hack on Tuesday, according to onchain analyst Zachxbt. He revealed that the hackers inadvertently connected the funds to the recent Stake.com breach. North Korean Hackers Potentially Net $95M in a Week On Tuesday...

Biggest Movers: TON Closes In on $2 After News of Telegram Partnership


Toncoin moved closer to the $2.00 level on Wednesday, as markets reacted to the protocol’s partnership with Telegram. The agreement will see the token made available to over 800 million Telegram Wallet users. Stellar, on the other hand, was significantly lower, falling by nearly 8% today....

CoinEx Crypto Exchange Hit by $28 Million Exploit, Four Hot Wallets Drained


On September 12, CoinEx, a cryptocurrency exchange, experienced a suspected attack following a substantial outflow from four of its hot wallets, which was promptly detected and reported by the blockchain security firm Cyvers. According to Cyvers Alert, the breach resulted in losses exceeding...

Suspected $28 Million Coinex Hot Wallet Hack Emerges


Numerous reports have surfaced, pointing to a potential security breach in Coinex’s hot wallets, suggesting a hacker’s involvement. Peckshield, a blockchain security and data analytics firm, observed a concerning pattern – an unusual outflow of substantial assets originating...

GamePhilos Studio raises $8 million in a seed funding round


GamePhilos Studio has raised $8 million in a seed funding round. It was led by Animoca and Xterio. The seed funding round saw the participation of companies and capitalists like Chain Hill Capital, SevenX Ventures, Sanctor Capital, and many more. GamePhilos Studio will now use the funds to develop...

Elon Musk's Twitter Targeted: Beware of the $25 Million Crypto Scam


After 10 months of Elon Musk’s rule, crypto scams on X (formerly Twitter) are still thriving. One of the platform’s latest, more prolific scams came in the form of a fake ‘GBTC’ token giveaway. Scammers feigned association with the Grayscale Bitcoin Trust – the world’s largest Bitcoin fund...

FTX Estate Takes Legal Action Against LayerZero Labs to Recover $86 Million


FTX’s bankruptcy estate has taken legal action against LayerZero Labs, the development firm behind a cross-chain swap protocol, in a bid to reverse a series of financial transactions conducted by FTX’s former management shortly before the exchange filed for bankruptcy. The lawsuit centers around...

New Court Filing: FTX Holds $1.1 Billion in SOL and $560 Million in BTC


Now-defunct crypto exchange FTX  holds approximately $7 billion in assets, including $1.16 billion worth of Solana (SOL) tokens and $560 million in Bitcoin (BTC). In a Monday court filing, the company said it has managed to secure $1.5 billion in cash in addition to the $1.1 billion it held as...

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