Crypto Hack
CryptoQuant CEO Says Bybit is Fine, Urges Community to Stop Spreading FUD
CryptoQuant CEO Ki Young Ju has urged the crypto community to stop spreading FUD about the Bybit exchange after a sharp decline in its reserves following the ill-fated hack. A...
Bybit Hack Won’t Derail Crypto Rebound: Analyst’s Top Coin Predictions
The cryptocurrency market stumbled after the recent hack of Bybit exchange by the infamous North Korea-linked Lazarus Group. Still, market analysts aren’t worried; they believe this setback is short-lived and...
WazirX Quietly Moves Funds from Bybit After $1.5 Billion Hack, Users Left in the Dark
Following the $1.5 billion Bybit hack on February 22, WazirX quietly withdrew its funds from the exchange without informing its users. This move has raised concerns about transparency, as WazirX...
Yet Another Major Hack Strikes Crypto: Stablecoin Bank Infini Suffers $50M Hack Just Days After Bybit’s $1.5B Breach
Stablecoin bank Infini has suffered a security breach, resulting in the loss of 17,696 ETH, roughly $50 million. Blockchain security firm PeckShield first reported the exploit, noting that the hacker...
Bybit Closes ETH Gap After Billion Dollar Hack, Proof of Reserves Coming
In a swift recovery move after the $1.5 billion hack, Bybit is almost finished closing the ETH gap. CEO Ben Zhou has announced a proof of reserves report to be...
Analysts Applaud Bybit For Maintaining Regular Service Despite Attack
Bybit conducted regular service despite the recent hack. A renowned crypto analyst on X has applauded Bybit’s response to the latest attack on the cryptocurrency exchange. In a recent post,...
Bybit Sees Surprise $4B Inflows After Major Hack as Partner Support Floods In
Bybit witnessed a huge $4 billion in inflows within just 12 hours after a hack that saw $1.5 billion in crypto assets stolen. The wave of funds included 63,168 ETH,...
Latest Bybit Hack Linked to N. Korea’s Crypto Theft for Weapons Funding
The latest $1.5 billion hack of crypto exchange Bybit has once again put the spotlight on North Korea’s cybercrime activities. Reports have consistently revealed the stolen digital assets are funneled...
Jim Cramer Says No Bitcoin Rebound Before Monday, Cites “Too Much Fear” Amid $1.5B Hack
Prominent crypto critic Jim Cramer has issued a bearish warning, stating that fear could prevent a market rebound before Monday. His comments align with the latest downturn in the cryptocurrency...
Vitalik Buterin Highlights Railgun Privacy Pools Following zkLend Security Incident
Vitalik Buterin, co-founder of Ethereum, discussed Railgun’s privacy pools mechanism on X today in light of zkLend’s security incident, where it suffered a roughly $8.5M exploit on the Starknet network....
DeFi Platform zkLend Hit by Hacker – $900K Whitehat Bounty on the Table
On February 12, zkLend, a decentralized finance (DeFi) platform, dropped news on social media that it’s been whacked by a hacker attack. Quickly reacting, the company sent out a message...
Hacker Pleads Guilty in SEC X Account Bitcoin ETF Hoax
Eric Council Jr., from Athens, Alabama, has owned up to his role in hacking the U.S. Securities and Exchange Commission’s social media account on X (formerly Twitter). This cyberattack resulted...
New Rule Could Force Crypto Firms to Reimburse Hack Victims
The U.S. Consumer Financial Protection Bureau (CFPB) has put forth a proposal that would require crypto firms to reimburse users for losses caused by hacks or exploits. This proposed rule...
Canada Leads $25M Crypto Scam Takedown with Chainalysis Help
Chainalysis teamed up with the Delta Police Department in Canada for a groundbreaking operation. Code-named “Spincaster,” this initiative took down a sophisticated crypto scam network. The operation froze over $25...
FBI Links $308M DMM.com Bitcoin Hack to North Korean Hackers
The Federal Bureau of Investigation (FBI), Department of Defense Cyber Crime Center (DC3), and Japan’s National Police Agency (NPA) say North Korean cyber actors are responsible for the $308 million...
Moonwell DeFi Hit by $320K Flash Loan Exploit: Security Risks Highlighted
Moonwell DeFi, a decentralized lending protocol operating on the Optimism network, suffered a flash loan exploit, resulting in a loss of $320,000. The perpetrator targeted the protocol’s USDC lending contract,...
WazirX Faces New Probe and DEX Launch; Binance Delists SUI/TUSD, WRX Pairs
The crypto market is reacting to Binance’s announcement on delisting several underperforming trading pairs. These include SUI/TUSD and WRX pairs. Binance cited low liquidity and market inefficiency as reasons. The...
WazirX Asset Rebalancing: $200M Wallet Activity Sparks Binance Theories
WazirX has given its users an update on its asset rebalancing. This comes after concerns about unexpected wallet movements. The exchange said the transfers between cold storage wallets are temporary....
Hoskinson’s ‘I Will Find You’ Stance After Cardano Foundation Hack
On December 8, the Cardano Foundation’s X account was hacked in a security breach that misled users and affected market sentiment. The attacker used the account to promote a fraudulent...
Radiant Capital Hit by $50M Cyberattack: North Korea Group Linked
Radiant Capital has confirmed new findings surrounding the devastating $50 million cyberattack it suffered on October 16, 2024. An investigation by cybersecurity firm Mandiant identified the attackers as UNC4736, a...
Solana Hack Exposes Library Flaws, Costs Developers $160K
Layer 1 blockchain network Solana (SOL) suffered a massive software supply chain attack on Tuesday, impacting the protocol’s users and developers. The attack involved the solana/web3.js JavaScript library, which is...
WazirX Hack: Indian Authorities Arrest Suspect in $230 Million Theft
The Delhi Police in India arrested a suspect in connection with the $230 million hack of Indian cryptocurrency exchange, WazirX. The suspect, SK Masud Alam, is accused of creating a...
Bitfinex Hacker Faces 5 Years, Prosecutors Seek to Deter Crypto Crime
US prosecutors have recommended a five-year prison sentence for Ilya Lichtenstein, who pleaded guilty to a money-laundering conspiracy related to the $6 billion Bitfinex hack. They believe Lichtenstein reflects a...
WazirX Gets Reprieve From Singapore Court After $234 Million Crypto Hack
The High Court in Singapore granted WazirX, an Indian cryptocurrency exchange, a four-month judicial stay. This moratorium will allow WazirX to address the impact of a $234 million hack in...
South Korean Court Orders Defunct GDAC to Return $7.3M in WEMIX to Wemade CEO
A South Korean court ruled in favor of Wemade CEO Park Kwan-ho, ordering the now-defunct GDAC crypto exchange to return 7.8 million WEMIX tokens, worth $7.31 million. This ruling is...
