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PeckShield counted 55 major crypto hacks in September, totaling $766.49 million in losses. That is about 462% above August’s $136.3 million, and two incidents account for nearly all of it.…
Thorchain co-founder and lead developer Chad Barraford has defended the protocol’s refusal to freeze hacker-linked wallets following a request from Bitget CEO Gracy Chen. Resistance to Wallet-Blocking Demands Thorchain co-founder…
Security firm SlowMist says North Korean hackers are laundering funds stolen from Bitget by pairing CoW Protocol orders with Chainflip deposit addresses and then converting the proceeds to Bitcoin. The…
The attackers who drained roughly $388 million from Bitget first ran code inside a compromised server on Aug. 31, nearly four weeks before the theft, according to a Slowmist investigation…
Following Bitget’s $387.5 million hack, attackers attempted to move more than $50 million through Near Intents, but its SHIELD security system detected the activity and prevented most of the attempted…
THORChain is facing a fresh dispute over its handling of stolen funds after Bitget and security researchers publicly asked the network to block addresses linked to the September 24 exploit.…
Bitget told Bitcoin.com News that it has started restoring withdrawals after attackers exploited a third-party security vulnerability to steal approximately $388 million from the cryptocurrency exchange. The crypto exchange said…
Following the Bitget hack, which saw $387.5 million siphoned from the centralized exchange (CEX), CEO Gracy Chen took to social media to formally request that Thorchain deny service to addresses…
This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s…
On Saturday, two days after Bitget was hacked, CEO Gracy Chen publicly asked Thorchain to cut off the hackers who drained hundreds of millions from her exchange this week. “Decentralization…