News with the tag "Wallet Drain Attacks"

Just hours before on June 22, prominent crypto exchange BtcTurk disclosed a cyber attack that resulted in unauthorized access to some of its hot wallets. As per the preliminary report, the hackers managed to get their hands on some crypto balances across 10 different cryptocurrencies stored in the h...

The creators behind Pink Drainer, a wallet draining service implicated in the theft of millions of dollars worth of assets, have announced the termination of their operations. Pink Drainer is shutting down after accumulating $75 million worth of stolen crypto funds and attacking nearly 20,000 victim...

The Solana network is allegedly facing a wallet drain incident. The incident comes at a time when continuous attacks have been happening since 2023. However, incidents on the Solana network had historically remained low, but now seem to be more in the limelight. Solana Wallet Drain Incident Numerous...