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KyberSwap Director Demands Executive Control and Asset Surrender in Bold Negotiation Terms
30.11.2023
Kyber Director demands company takeover and assets after the attack. Image by Катерина Євтехова, Adobe Stock. The anonymous attacker behind the recent $47 million exploit of the decentralized crypto exchange KyberSwap has outlined bold demands in proposed negotiation terms made public on November...
Poloniex to Resume Withdrawals Starting With TRX After $100M Hack
29.11.2023
Poloniex is resuming operations following a recent hack of exchange hot wallets. Image by Rafael Henrique, Adobe Stock. Cryptocurrency exchange Poloniex announced today that it will begin gradually resuming withdrawal and deposit services starting November 30. This comes after the platform suffered...
North Korean Hackers Disguise as South Korean Govt Agencies to Steal Cryptos: Report
27.11.2023
Source: Pixabay North Korea’s state-backed hacking group ‘Kimsuky,’ is supposedly behind a cryptocurrency heist, where hackers disguised as South Korean government agencies. Per a local report, hackers impersonated as South Korean journalists, government agencies and research institutes. Between...
Mt. Gox Creditors to Receive Bitcoin Payments Starting 2023 Based on Rehabilitation Plan
22.11.2023
A decade after the Mt. Gox crypto hack, creditors have been informed of a repayment plan beginning in 2023. Image by 24K-Production, Adobe Stock. Nearly a decade after the collapse of the Mt. Gox cryptocurrency exchange, creditors may finally receive some relief. In an email sent to rehabilitation...
Heco Chain, HTX Hit by $100M Hack, Justin Sun Says Exchange Will Cover All Losses
22.11.2023
A recent hack drained $100 million worth of crypto from Heco Chain and HTX exchange. Image by Cihangir Stock, Adobe Stock. Cryptocurrency exchange HTX and blockchain protocol Heco Chain were exploited on Wednesday in a hack totaling $97 million worth of digital tokens, according to Justin Sun,...
Taiwanese Crypto Trading Firm Suspends Operations Following $26 Million Hack
20.11.2023
Source: Pixabay / Pete Linforth Taipei-based trading platform, Kronos Research has suffered a cybersecurity breach, leading to a staggering $26 million loss in crypto assets. The hack was first reported by crypto on-chain sleuth ZachXBT, mapping out the fund outflow and confirming its magnitude....
Hacking Group Allegedly Steals Sensitive Data of 70,000 Customers from Bankrupt Bitcoin ATM Firm Coin Cloud
13.11.2023
Source: iStock / welcomia An unidentified hacking group has purportedly claimed responsibility for a significant security breach targeting Coin Cloud, a Bitcoin ATM operator that once boasted over 4,000 machines in the U.S. and Brazil before filing for bankruptcy in February 2023. The group asserts...
Australian Crypto Wallet CoinSpot Hacked for $2.4 Million Worth of Ether – Report
9.11.2023
Source: Pixabay / Werner Moser Crypto sleuth ZachXBT has reported an exploit, involving Australian crypto platform CoinSpot, allegedly suffering over $2 million worth of Ether. According to a Telegram post by ZachXBT in the early hours of Thursday, attackers drained funds from CoinSpot’s hot wallet...
Telegram-Based Crypto Trading Bot Unibot Hacked, Token Crashes 40%
31.10.2023
Telegram-based crypto trading bot Unibot is suspected of being hacked as users of the trading bot try to move their funds off the platform. The Unibot platform facilitates users in connecting their wallets to the decentralized exchange Uniswap, allowing them to trade tokens using Telegram-based...
Hackers Steal $4.4 Million From 25 Users of Lastpass Password Management App
29.10.2023
Digital assets worth approximately $4.4 million were reportedly stolen from more than 80 addresses belonging to 25 users of the password management app Lastpass. Crypto theft investigator Zachxbt has urged crypto asset holders using the password manager to consider removing their keys...
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...
Elliptic: FTX Hacker Laundered Stolen Crypto Funds Through Russian Crime Networks
12.10.2023
Close to a year has passed, and the hacker responsible for the staggering $477 million heist from the now-defunct crypto exchange FTX still remains elusive. Yet, Elliptic, a leading blockchain analytics firm, has meticulously mapped the intricate journey of the stolen funds, shedding light on...
Stars Arena recovers 90% of stolen funds after offering $257K bounty
12.10.2023
The exploiter of the Web3 social media platform agreed to keep a 10% bounty in exchange for returning the remainder of the stolen funds
Friend.tech Adds 2FA Password for Users Amidst Ongoing SIM-Swap Attacks
10.10.2023
The team behind the decentralized social media platform Friend.tech has responded to a series of SIM-swap attacks targeting its users by implementing a crucial security enhancement.
In a recent announcement on X (formerly Twitter), Friend.tech unveiled the introduction of a Two-Factor...
Web3 Lost Over $890 Million to Hacks and Scams in Q3 2023: Boesin
27.9.2023
Beosin EagleEye platform, a subsidiary of Beosin, a blockchain security audit company, revealed in a research report that Web3 lost approximately $890 million to various security breaches, phishing scams, and rug pulls in the third quarter of 2023.
Breaking down the losses, it was revealed that...
Mixin Network Founder Addresses $200 Million Hack, Says Only Half of User Assets are Safe
25.9.2023
Mixin Network's founder Feng Xiaodong addressed the $200 million hack in a livestream saying that they could initially ensure the security of only half of its users' assets.
Mixin Network revealed a massive hack earlier today on the database of its cloud service provider, compromising users’...
Breaking: Mixin Network's Cloud Service Provider Hacked, $200 Million in Funds Affected
25.9.2023
Mixin Network has revealed that the database of its cloud service provider was attacked on September 23, resulting in the loss of a substantial sum of assets on the mainnet.
As per the official announcement, the amount of funds affected in the hack was $200 million.
The incident prompted Mixin...
Digital Assets Worth Billions Still Secure Despite Rise in Cyber Attacks — Former Microsoft Security Lead
22.9.2023
A former Microsoft Security Lead has insisted that a great proportion of digital assets worth billions of dollars are secure and are being “safely managed by hundreds of protocols.” The security expert suggested that protocols also need to have a platform that allows users to rate...
Mark Cuban's loses $870K in hot wallet hack
16.9.2023
Mark Cuban confirmed that he was hacked, but doesn’t appear to know exactly how it happened as of yet
Blockchain Security Firm Peckshield Identifies Strange Transactions in Crypto Casino Stake Wallet – What’s Going On?
4.9.2023
Blockchain security firms Peckshield and Cyvers have detected multiple suspected transactions with wallets linked to crypto casino, Stake.
Etherscan data shows that wallet 0x3130662aece32F05753D00A7B95C0444150BCd3C received about $16 million worth of different cryptocurrencies before it...