News with the tag "security breach"

In a chilling reminder of the ever-present dangers lurking in the decentralized finance (DeFi) space, yield infrastructure company Zoth has become the latest victim of a significant security breach. Blockchain security firm PeckShield alerted the crypto community via X (formerly Twitter) about a sta...

Amid the market retrace, Ethereum (ETH) has lost its key $2,600 support zone and fallen below the next crucial level. As the second-largest cryptocurrency by market capitalization attempts to hold its current range, some analysts predict a 6% drop could be coming. Related Reading: Solana Sentiment H...

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...

Hold onto your digital wallets, folks! The cryptocurrency world has just been rocked by a cyberquake of epic proportions. News has broken about a cryptocurrency hack targeting Bybit, and the numbers are staggering. We’re talking a colossal $1.4 billion vanishing act – yes, you read that right, billi...

Hold onto your hats, crypto enthusiasts! The digital world is buzzing with news of a potential security breach that’s got everyone on edge. Recent reports are suggesting a link between the Bybit hack and a compromise within Safe infrastructure . If you’re invested in crypto, or just keeping a close ...

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...

In a significant blow to the cryptocurrency industry, Bybit, one of the leading crypto exchanges, has confirmed a major security breach involving its Ethereum cold wallet. The incident, reported on Friday by Bitcoinist, marks one of the largest cryptocurrency hacks in history, with losses estimated ...

Abstract has released a post-mortem following a security breach involving Cardex , a third-party app within The Portal. The breach affected approximately 9,000 wallets and led to the theft of around $400,000 in Ethereum. Early this morning, the Abstract security team detected an exploit originating ...

AbstractChain has suffered a security breach linked to the third-party app Cardex on Tuesday, with multiple users reporting unauthorized withdrawals from their wallets. We are aware of some Abstract users being compromised and want to assure everyone it is not a network wide Abstract Global Wallet (...

Two prominent U.S. lawmakers are pressing the Treasury Department for details following a cybersecurity breach attributed to a Chinese state-sponsored hacking group. Senator Tim Scott, a member of the Senate Banking Committee, and Representative French Hill, vice chair of the House Financial Service...