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Tether CEO advocates for localized AI models to prevent hacks
8.7.2024
Tether CEO Paolo Ardoino responded to OpenAI’s recent hack by claiming that localized AI models are the key to ensuring independence and privacy and preventing future hacks
Crypto Theft Surge: Hackers Steal $1.38 Billion in First Half of 2024, Doubling 2023 Figures
6.7.2024
A new report by blockchain intelligence firm TRM reveals that crypto thefts in the first half of 2024 have doubled compared to 2023, with $1.38 billion stolen by June 24. Major hacks constitute 70% of losses, with private key compromises and smart contract exploits as top attack vectors. Crypto...
Web3 users hit 10M in Q2, MetaMask to enhance security: Finance Redefined
5.7.2024
Consensys integrates Wallet Guard to boost MetaMask’s security, aiming to drive user fund losses to zero amid rising Web3 threats
LockBit Hacks 33TB of User Data From Evolve Bank
2.7.2024
Russia-linked ransomware group LockBit has once again made international headlines due to a major hack. Reports suggest that Evolve Bank lost 33 TB of user data from a malicious link sent to the bank. Crypto-friendly Evolve bank falls victim to Lockbit’s malware LockBit has been silent for...
Crypto hacks down by 54.2% in June, $176M lost in a month
1.7.2024
In 2024, May was the biggest month in terms of crypto losses and suffered nearly $385 million in net losses from crypto hacks
Study: Crypto Assets Worth $572.7 Million Lost to Hacks and Fraud in Q2 2024
29.6.2024
Digital assets worth over $572.7 million were lost to hacks and fraud in the second quarter of 2024. This latest figure brings the value of digital assets lost to hacks, fraud, and scams in 2024 to $920.9 million. Decentralized finance (defi) platforms lost approximately $172.1 million across...
Hong Kong eyes DeFi, DAO spent $37M to help free Julian Assange: Finance Redefined
28.6.2024
The Hong Kong government aims to expand its fintech dominance in DeFi and the metaverse despite challenges in the current landscape
Protocol Village: Crypto Losses From Hacks, Rug Pulls Doubled to $572M in Q2: Immunefi Report
27.6.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 27-July 3
Crypto losses from hacks and scams soared by 113% in Q2 2024 to reach $572M
27.6.2024
Losses from scams and exploits increased in the second quarter as centralized exchanges lost millions, reversing a previous downtrend
Coinbase is the most impersonated crypto brand by scammers: Report
24.6.2024
Although Coinbase continues to be the most impersonated brand in the crypto industry, Meta was targeted by over 25 times as many scammers as the exchange
Kraken-CertiK $3M saga, zkSync airdrop wallets dumping tokens: Finance Redefined
21.6.2024
The ZK token dump led to a 34.5% price decline in the token $0.18 after it hit a high of $0.32 shortly after launching
Kraken recovers $3 million from CertiK, ending bug bounty saga
20.6.2024
Certik has returned the funds to Kraken exchange, putting a happy end to the bug bounty-related saga
Kraken recovers $3 million from CertiK, ending bug bounty saga
20.6.2024
CertiK has returned the funds to the Kraken exchange, putting a happy end to the bug bounty-related saga
1inch partners with Blockaid to combat DeFi fraud and cyber threats
20.6.2024
Blockaid CEO Ido Ben-Natan told Cointelegraph that the product allows developers to integrate the solution through an API, avoiding the need to develop security measures from scratch
Kraken-CertiK saga turns murky as part of exploited funds go ‘missing’
20.6.2024
Kraken is planning to take legal action against security firm CertiK as the "white hat" operation by security firm turns into a legal blunder
Kraken says its being extorted following bug bounty report
19.6.2024
The bug resulted in at least $3 million worth of stolen funds, but no user funds were endangered, according to Kraken
Crypto hack losses hit $19B, Terraform Labs shuts down: Finance Redefined
14.6.2024
Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen in the largest single crypto theft
Crystal Intelligence Report Reveals $19 Billion Lost in Crypto Crimes Over 13 Years
12.6.2024
In a comprehensive new report, Crystal Intelligence, a blockchain analytics firm, details a significant $19 billion in losses due to cryptocurrency crimes over the past thirteen years. The study covers a timeline from June 19, 2011, to March 6, 2024, and delves into the various types of criminal...
Crypto hacks soar to $19B in 13 years: Crystal Intelligence
12.6.2024
Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen during the largest single crypto theft during the 2019 Plus Token fraud
Crypto Hacks Net $19B Since 2011 and Illegal Activity on Blockchain Is Still Growing
12.6.2024
Almost $19 billion worth of cryptocurrency has been stolen in thefts dating back to 2011 as the industry continues to grapple with rising blockchain-related crime, according a report from Crystal Intelligence