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LCX Loses USD 8M in a Hot Wallet Hack
10.1.2022
Crypto exchange LCX fell victim to a hack over the weekend that drained it of nearly USD 8m worth of digital assets.
The hacker managed to compromise one of the exchange's hot wallets over the Ethereum (ETH) blockchain, stealing high amounts of ETH, USD coin (USDC), EURe, and SAND...
LCX loses $6.8M in a hot wallet compromise over Ethereum blockchain
9.1.2022
The hot wallet compromise was followed by an unauthorized transfer of eight types of ERC-20 tokens including ETH, USDC, LINK and MKR
AscendEX loses $80M following ERC-20, BSC, Polygon hot wallet compromise
12.12.2021
Out of the lot, around $60 million worth of tokens were transferred over the Ethereum blockchain alone. Tokens stolen from BSC and Polygon are worth $9.2 million and $8.5 million respectively
Bilaxy exchange suspends website after ERC-20 hot wallet hack
30.8.2021
Bilaxy cryptocurrency exchange is yet to announce the value of funds lost to a hacking incident that occurred on Aug 28
Didi Taihuttu Discusses Hiding His Cold Storage Wallets After Selling Everything for Bitcoin 3 Years Ago
13.8.2021
Over three years ago, a Netherlands native made headlines when he told the world he and his minimalist family sold everything for bitcoin. At that time, Didi Taihuttu and his family sold their home, valuables, and vehicles in order to accumulate the digital asset. Taihuttu recently discussed...
Crypto wallets in 2021: From hot to cold, here are the options
14.3.2021
The main thing regarding crypto wallets today is the safety and responsibility of users
Secure Bitcoin self-custody: Balancing safety and ease of use
17.1.2021
With Bitcoin’s price clocking $40,000 recently, safe and secure measures for storing the valuable digital asset are once again on the agenda
UK Crypto Exchange Exmo Hacked, Estimates Presume Platform Lost $10.5 Million
22.12.2020
U.K.-based cryptocurrency exchange Exmo detailed on December 21, 2020, the firm had “detected suspicious withdrawal activity” and halted withdrawals. Exmo said a security audit report revealed “large withdrawals” of bitcoin and five other cryptocurrencies. Analysts estimate...
HaruBank Collaborates with BitGo to Ensure Security of Its Clients’ Crypto Asset
19.6.2020
BitGo, a market leader and a multi-sig technology pioneer, will now offer its business hot wallet services to HaruBank. Users of HaruBank will have their assets secured by BitGo, ensuring peace of mind. HaruBank was established in 2019. It operates a crypto depository service, which experienced...
Lloyd’s Backs New Crypto Hot Wallet Insurance Scheme From Coincover
2.3.2020
The UK insurance giant is underwriting a new policy protecting against theft of cryptocurrency held in online hot wallets
Ex-Bankers Offer First Hot Wallet for Institutional-Grade Crypto Finance
23.10.2019
A simple, insured wallet lets customers store smart contracts and crypto simultaneously
Algo Capital Ex-CTO Takes ‘Full Responsibility’ for Hot Wallet Breach
7.10.2019
Algo Capital ex-CTO Pablo Yabo publishes a statement in the wake of a major security breach of a hot wallet under his personal management
Algorand’s Venture Arm Loses up to $2M in Hot Wallet Breach: Report
6.10.2019
An investment arm of United States-based blockchain firm Algorand loses up to $2 million in crypto after its CTO’s phone was hacked
Galaxy Digital Purportedly Recruits Former Head of OTC at Coinbase
29.5.2019
Tim Plakas is rumored to be switching Crypto OTC jobs, moving from the exchange Coinbase to Galaxy Digital