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Kucoin Hacker Leverages Uniswap to Dump Vast Number of ERC20 Tokens


Since the recent Kucoin hack, the crypto community has been waiting for the hacker to move funds. During the early morning hours (ET) on Sunday, a number of people noticed the Kucoin hacker started to move a large amount of ether and ERC20s to connect with the decentralized exchange (dex) Uniswap....

KuCoin Exchange Hacked, Approx. USD 150 Million Worth of Crypto on the Move


Singapore-based cryptocurrency exchange KuCoin has experienced leakage of its private keys tied with its KuCoin hot wallets, which resulted in a hack of approximately USD 150 million worth of customer funds. The platform has temporarily suspended deposits and withdrawals from its platform, while...

Rescuing USD 9.6 Million in Ethereum: The Fellowship of a Smart Contract


"On September 15, 2020, a small group of people worked through the night to rescue over USD 9.6m from a vulnerable smart contract," the author of a recently published blog wrote, starting the story. Sam's discovery While looking at some smart contracts, expecting to find nothing...

Over 100 Million People Hold Bitcoin, Altcoins Globally - Report


Crypto usership is going up at an exponential rate, per researchers at the Cambridge Centre for Alternative Finance, with over 100 million people worldwide now making use of cryptoassets – a massive increase from the 35 million figure the same researches identified just two years. According to...

Ethereum’s Gas Spike Forces Coinbase Pro to Pass Network Fees to Customers


While Ethereum network fees have jumped to new highs this year, the popular cryptocurrency exchange, Coinbase Pro, announced that the trading platform would be passing network fees onto customers. The move followed the exchange listing Uniswap’s native token UNI, an airdrop that saw miners...

Global Digital Industry Group Launches Mining Business Bitworld


The UAE cryptocurrency giant, Global Digital Industry Group (GDIG), has established its mining subsidiary Bitworld and will invest $50 million in the company by 2021 as it works to build the company’s presence in the Middle East bitcoin and Ethereum mining industry. GDIG has appointed...

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