News with the tag "Security Incident"

In the fast-paced world of cryptocurrency exchanges, security incidents are an unfortunate reality. When news of a potential security breach hits, panic can spread faster than a memecoin surge. But what happens when a major exchange faces such a challenge? This week, Bybit, a prominent crypto platfo...

Two congressional Republicans are calling for a briefing from the US Treasury Department about the recent cyber breach by an alleged China backed hacker.

M2 Exchange recovered from a $13.7 million security breach within 16 minutes. A security firm said the incident highlights the growing vulnerability of crypto exchanges. Normal Service Restored The United Arab Emirates-based cryptocurrency exchange, M2 Exchange, said it swiftly resolved a security i...

Okx, a Seychelles-based cryptocurrency exchange, clarified the information regarding a recent security incident that allowed unidentified criminals to take control of the accounts of a few customers, draining these. In a statement, Okx stressed that a third party had forged judicial documents and ob...

Bitfinex stressed its systems weren’t compromised and no customer funds were lost.