News with the tag "Peckshield"

Singapore-headquartered crypto exchange Phemex is investigating a $70 million hot wallet exploit as hackers continue to siphon funds into Ethereum wallets. Blockchain analytics firm PeckShield reported that Phemex lost $69.1 million in a Jan. 23 exploit targeting the exchange’s hot wallets, marking ...

Hack-related crypto laundering reached $1.3 billion in 2024, marking a 280% increase from 2023, PeckShield reveals. Crypto laundering tied to hacks reached $1.3 billion in 2024, representing representing nearly a threefold increase compared to $342 million in 2023, according to data revealed by Peck...

Losses from crypto hacks and scams surged in 2024, according to the blockchain security firm PeckShield. The firm says the total value loss in the crypto sector last year exceeded $3.01 billion, a 15% increase from the 2023 total. That number includes $2.15 billion stolen in hacks and $834.5 million...

According to the security firm, hacks accounted for more than 70% of crypto losses due to illicit activities in 2024, compared to 30% for scams.

Crypto investors faced a tough 2024 as hacks and scams exploited weaknesses, costing billions in losses. Crypto-related hacks and scams cost the industry $3.01 billion in 2024, reflecting a 15% rise from $2.61 billion in 2023, according to data published by PeckShield. In an X post on Thursday, Jan....

In December 2024, more than 25 hacks in the crypto industry led to approximately $24.7 million in losses, marking a 71% decline compared to November. December 2024 witnessed over 25 crypto hacks, resulting in a total loss of $24.69 million,…

Both CertiK and PeckShield shared data showing December was the lowest month of crypto losses in 2024.

PeckShield Issues Scam Alert for SquidGame Token on Base Network Blockchain security firm PeckShield has issued a scam alert for a fraudulent SquidGame token deployed on Coinbase’s layer-2 network Base . The token, launched just three hours ago, has already lost 99% of its value, with the deployer r...

XT.com has issued a statement acknowledging an “abnormal transfer of platform wallet assets” but hasn’t confirmed the $1.7 million hack yet.

PeckShield reports that October saw nearly 20 crypto hacks, leading to around $88.4 million in losses, with the top incident affecting Radiant Capital. October proved to be a difficult month for the crypto sector, with around two dozen hacker attacks…