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Avalanche-Backed Stars Arena Faces $3 Million Security Breach


Stars Arena, a social platform supported by Avalanche's Contract Chain, has fallen victim to a significant security breach. In a Saturday tweet, the official Stars Arena Twitter account issued a warning confirming that the platform's smart contract had been attacked. The team urged users not...

Elliptic Report Reveals $7 Billion in Crypto Laundering via DEXs and Bridges


A recent report from blockchain surveillance firm Elliptic has uncovered that $7 billion in "illicit or high-risk funds" has been laundered through decentralized exchanges (DEXs), cross-chain bridges, and non-KYC exchanges. This staggering sum was already reached by July of this year, exceeding...

Sony Suffers Two Hacks In Four Months, Thousands Of Employees' Info Exposed


A week after an extortion group called Ransomed.vc claimed to have hacked into Sony’s systems and stolen 3.14GB of data, the company has admitted to a second security breach. This one occurred back in May and involved the personal data of nearly 6,791 current and former employees.Read more

Ex-Chairman of Canaan Jack Kong Faces Crypto Project Hack From Insider


Jack Kong, former chairman of China-based computer hardware manufacturer Canaan, has disclosed a hack of a cryptocurrency project that he has invested in. The hacker was reportedly an insider from the crypto project and fled to Thailand following the crime. “The hacker fled to Thailand but he...

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