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Nalezeno "Hot wallet": 54

Huobi's Hot Wallet Reportedly Drained of $7.9 Million – What Happened?


Global cryptocurrency exchange Huobi was the victim of a cyberattack that resulted in the theft of 5,000 ETH worth approximately $7.9 million.  CyversAlerts, a reliable crypto security company, was the first to report the attack.  The blockchain firm stated that the attack was successful due to...

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...

Stake restarts operations after $41M hot wallet exploit


Stake recently announced resuming its crypto gambling operations. The Australian-Curacaoan platform lost 41 million dollars in an exploit a  month ago. According to Stake, user funds were not affected during the exploit. Any user who lost funds while transacting during the attack will...

Bybit Announces ‘Imminent’ Listing of Paypal’s PYUSD Stablecoin


According to the crypto exchange Bybit, the trading platform plans to list Paypal’s stablecoin soon. Amid Bybit’s announcement, Paypal’s PYUSD token has seen little movement as most of the supply is held by the contract and the Paxos Treasury. Dubai-Based Bybit Prepares to List...

Crypto Exchange Bitrue Suffers $23 Million Hack


Singapore-based crypto exchange Bitrue has lost millions of U.S. dollars’ worth of ether and other coins in a hack. The trading platform suspended withdrawals until early next week to conduct additional security checks and promised to compensate the affected users. Bitrue Exchange Loses...

Bitcoin Options Giant Deribit Loses $28 Million in Hot Wallet Hack


The world’s largest bitcoin options exchange, Deribit, was hacked for close to $28 million, according to an update from the company’s official Twitter account on Nov. 2. Deribit says that the firm’s hot wallet was drained just before midnight the day prior. Crypto Derivatives...

Luna Foundation’s Bitcoin Reserve Wallet Now Holds $1.1 Billion in BTC


During the last week, the cryptocurrency community has been discussing the bitcoin purchases made by Luna Foundation Guard (LFG), as onchain data shows LFG’s bitcoin wallet currently holds 24,954.95 bitcoin worth $1.1 billion. LFG’s Gnosis safe address shows over the last four days...

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