News with the tag "crypto hacks"

Bybit CEO Ben Zhou has provided an update on the movement of hacked crypto funds, revealing that of the $1.4 billion stolen, 77% remains traceable, while 20% has gone dark, and 3% has been frozen. In a detailed breakdown posted on X , Zhou stated that 83% of the stolen funds (417,348 ETH, worth arou...

Bybit hacker has begun laundering 54% of the total stolen funds via THORChain, data from Lookonchain revealed. The hacker laundered 270,000 ETH, equivalent to approximately $605 million. This represents over half of approximately 400,000 ETH stolen from the exchange. Bybit hacker still holds 229,395...

The cryptocurrency world, often lauded for its decentralization and security, has once again been shaken by a high-profile security incident. This time, the victim is none other than Suji Yan, the CEO of Mask Network. In a startling revelation on X (formerly Twitter), Yan confirmed that his public w...

Introduction: The Dark Side of Crypto The cryptocurrency industry has revolutionized finance, offering decentralization, financial freedom, and borderless transactions. But with great innovation comes great risk —and hackers have exploited crypto’s vulnerabilities for billions of dollars . Unlike tr...

Hold onto your hats, crypto enthusiasts! The seemingly impenetrable walls of the digital finance world have been breached once again. In a startling turn of events, Infini neobank, a project lauded for its stablecoin focus and innovative approach to decentralized finance, is reportedly grappling wit...

The stablecoin neobank Infini encountered a severe setback on Monday as it fell victim to a hack. As per various on-chain trackers, 49.5 million USDC was drained from the platform. Subsequently, the attacker’s on-chain movements have raised eyebrows among market participants globally. Infini Hack: A...

Decentralized lending protocol zkLend listed itself in one of the latest crypto hacks, with hackers siphoning off nearly $5 million from the platform on the Starknet network. The attack, which took place on Feb. 12, marks a resurgence in crypto-related breaches after a brief decline in January, acco...

Phemex CEO Federico Variola has assured that withdrawal functions for USDT and USDC will commence shortly. This has given relief to Phemex crypto exchange users who were eagerly waiting for an update. Notably, the hacking incident that Phemex suffered is not a standalone case as many more platforms ...

Ledger’s focus on India highlights its efforts to drive crypto self-custody adoption with secure, user-friendly hardware wallets.

The United States, Japan, and South Korea have joined together to warn the industry about the ongoing hacking threats by North Korean actors after observing “aggressive” targeting of the crypto industry. US, Japan, South Korea Send Warning In a joint statement , the US, Japanese, and South Korean go...