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Trading Slump Wiped $12 Billion From Binance Founder’s Fortune, Bloomberg Says
29.10.2023
Binance founder and CEO Changpeng Zhao (CZ) has reportedly lost nearly $12 billion from his wealth amid declining crypto trading volumes this year. According to Bloomberg’s estimates, the world’s largest trading platform for digital assets has seen a 38% decrease in revenues. Bloomberg Estimates...
SEC Wants $770 Million From Ripple — Lawyer Says SEC Is ‘Pissed and Embarrassed’
29.10.2023
The U.S. Securities and Exchange Commission (SEC) reportedly wants Ripple to pay a $770 million penalty for violating securities laws. Crypto lawyer John Deaton explained that the securities regulator is “pissed and embarrassed” after it lost several legal battles against the crypto...
$720 Million Lost via 117 Hacking Incidents in Q3 of 2023 — Study
28.10.2023
During Q3 of 2023, there were a total of 117 hacks in which $720 million was stolen via access control breaches and rug pulls among other security incidents, a new study has found. While the losses ($49.80 million) from rug-pull incidents are significantly lower than the $449 million lost...
Alex Jones Lost a 10K-Bitcoin Stash Gifted by Max Keiser — Now He Can Regain It Doing a Quiz
28.10.2023
International journalist and Bitcoin maximalist Max Keiser is giving Infowars host Alex Jones the chance of regaining a gift of 10,000 bitcoin he lost. According to Keiser, Jones will have the chance to recover the stash by answering a trivia round consisting of 5 questions. However, Jones has...
Rug Pulls Account For Majority of Scams as Q3 2023 Exploits Wipe Out $720 Million
25.10.2023
The impact of digital asset scams has been a major talking point around policies, regulations, and developer’s direction this year with millions lost across chains to bad actors. A new report by blockchain security firm Hacken shows a quarter-to-quarter increase in hacks and money drained...
FTX Estate Proposes Recovery Plan With 90% Asset Return Expected
19.10.2023
The now-defunct FTX crypto exchange announced a proposed settlement plan this week that aims to resolve disputes over customer assets lost when the company filed for bankruptcy in November 2022. FTX Debtors Chart Path to Redress: 90% Asset Recovery Proposed in Bankruptcy Plan The FTX debtors’...
Super Mario Bros. Wonder Review Roundup: Wondrous Acclaim
18.10.2023
Releasing on October 20, 2023 for the Nintendo Switch, Super Mario Bros. Wonder is the latest entry in one of the most recognizable gaming franchises in history. And from the early reviews, it seems like it doesn’t disappoint—in fact, it’s shaping up to be perhaps one of the most memorable Mario...
Calgarians Lost $22.5 Million in 340 Reported Crypto Scams This Year, City Police Warns
18.10.2023
Citizens of the Canadian city of Calgary have fallen victim to 340 crypto-related scams, losing over $22.5 million in this year alone, claims report.
The Calgary city police service said in a report Monday that the city residents have so far lost more than $22.5 million in cryptocurrency scams,...
Fantom Foundation Faces Major Security Breach – $6.7 Million Lost
18.10.2023
The Fantom Foundation, the team dedicated to building the Fantom network, has reportedly fallen victim to a hack that led to a significant loss of approximately $6.7 million worth of digital assets.
On October 17, the Fantom Foundation encountered a hacking incident, as reported by on-chain...
Platypus Finance recovers 90% of assets lost in exploit
17.10.2023
As per its agreement, project developers will not pursue legal action against the hacker
Flowers Tell Mario ‘F*** You’ In Modded Super Mario Bros. Wonder Leaks
17.10.2023
Another big Nintendo Switch exclusive has leaked way ahead of schedule. With early copies of Super Mario Bros. Wonder, the handheld hybrid console’s big holiday 2023 release, already making the rounds online, modders have taken it upon themselves to make the new talking Talking Flowers in the game...
Banking Scams Overtake Crypto Frauds in Ireland
16.10.2023
Fraudsters targeting victims in Ireland are increasingly posing as bank officials rather than crypto promoters, the local press reported quoting police. Amid the growing trend, Irish investors have lost millions of euros to this type of schemes this year, with law enforcement authorities having...
Stars Arena receives nearly 90% of the lost funds
12.10.2023
Stars Arena has posted an update, informing the community that the team has recovered approximately 90% of the funds that were lost previously. The development comes as Stars Arena reaches an agreement with the individual behind the drainage. They have been awarded 10% of the bounty along with...
Alameda Research Lost $200M to Several Phishing Attacks Due to “Poor Security Practices”: Ex-FTX Engineer
12.10.2023
Former Alameda Research software engineer Aditya Baradwaj has exposed several security flaws that reportedly caused the FTX’s sister hedge fund at least a staggering $200 million.
In a series of posts on X (Twitter), titled ‘The Hacks,’ the whistleblower revealed, “poor security practices...
Alameda Lost Nearly $200M to Phishing Attacks, Ex-Engineer Says
12.10.2023
Lax security practices seemed to be a feature of the former crypto trading titan
Alameda Research lost $190M to scams and 'questionable’ blockchains: Whistleblower
12.10.2023
Former Alameda Research engineer Aditya Baradwaj says one trader lost more than $100 million after clicking on a fake link
Galxe replacing 110% of funds users lost in recent front-end hack, over $400K
10.10.2023
The platform was the victim of a phishing scam that routed users to a website that drained their wallets after they approved a transaction
FTX Could Have Lost Over $1B Due to Lax Security Practices: Report
10.10.2023
Attackers were able to steal nearly $400 million worth of various tokens after FTX was hacked in November 2022. But it could have been worse
Crypto Exchange HTX Recovers $8 Million Lost to Hacker in Recent Security Breach
9.10.2023
HTX, the crypto exchange operated by Huobi Global, has successfully regained the funds that were stolen by a hacker in a security breach that occurred in late September.
After reseiving the funds, HTX also offered the hacker a 250 Ether bounty as a token of appreciation. ...
Read More: Crypto...
Certik Study: $332 Million Lost to Exploits, Hacks and Scams in September, More Than $1.3 Billion Lost in 2023
8.10.2023
In the month of September, digital assets worth approximately $332 million were siphoned from trading platforms via methods that include flash loan attacks, exit scams, and exploits. The value of digital assets stolen through exploits rose from $13.5 million in August to nearly $330 million...