Crypto Hack
WazirX’s Tarnished Reputation: A $230M Hack and a Botched Response
WazirX delays resolving the $230M hack, with customers' funds still frozen. Mystery of Crypto criticizes WazirX for blame-shifting and poor communication. WazirX's "socialized losses" program…
Germany Shuts Down 47 Illegal Crypto Exchanges, Seizes Millions
German authorities shut down 47 illegal crypto exchanges, combating money laundering. Crackdown on cybercrime continues with millions seized from illicit platforms. Commerzbank enters regulated crypto…
WazirX Hackers Are Still at It – Another $12M Vanishes into Tornado Cash
Hackers move 5,000 ETH ($12M) through Tornado Cash, complicating asset recovery. WazirX offers a $23.4M reward for tracking down stolen $230M in crypto. Breach raises…
WazirX Hackers Transfer $12M in ETH, Laundering via Tornado Cash
WazirX hackers transferred 5,000 ETH ($12M) after a $230M breach. $4M in ETH was funneled into Tornado Cash to mask transaction trails. Affected customers may…
August Sees Over $313M Lost to Crypto Hacks, Phishing Attacks Dominate
Over $313M was lost in crypto hacks in August, phishing attacks were the primary method. Two major phishing incidents accounted for 93.5% of the total…
Crypto Security Report: August Losses Down, but 2024 Total Surpasses $1.2 Billion
Crypto losses in 2024 hit $1.2B, up 15.5%, despite August's 95% drop in thefts. Ethereum and BNB Chain targeted, with BNB Chain suffering $1.64B in…
WazirX Confirms $230 Million Hack, Dispels Misinformation on Timeline
WazirX breach happened on July 18, not earlier with Misinfo about an 8-day prior breach is incorrect. Attackers upgraded WazirX’s multi-sig wallet to a malicious…
dYdX Retrieves Website From Hackers, Restores Users’ Confidence as Token Recovers
dYdX has recovered from a hack on its version 3.0 website. The hack only affected the dYdX v 3.0 website interface. DYDX halted a recent…
Hong Kong Authorities Nab Kidnappers Demanding Ransom in Crypto
Hong Kong authorities are gaining experience in handling crypto-related crimes. Authorities thwarted an attempt to kidnap a boy from a plaza in Hong Kong. Stablecoins…
