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Bybit suffered a significant security breach last Friday, losing 401K ETH – worth around $1.4 billion – in one of the largest crypto heists in history. The attack has been…
Ethereum prices displayed resilience over the weekend, rapidly bouncing back from a slump following the massive hack of the Bybit crypto exchange. The asset slumped 7% in a matter of…
Ethereum Layer 2 platform, Abstract, has released an initial post-mortem on a security incident that resulted in the compromise of approximately $400,000 worth of ETH across 9,000 wallets interacting with…
zkLend, a decentralized finance lending protocol on Starknet, has suffered a major security breach. As a result, it lost approximately 3,700 ETH, worth around $4.9 million. The exploit has forced…
Jupiter, a Solana-based decentralized exchange aggregator, had its X account briefly compromised, with the attacker using it to promote scam tokens, leading to market turbulence. The team has since regained…
Over the past two months, Coinbase users have reported a surge in account restrictions, which appear linked to the company’s aggressive risk models and an ongoing wave of social engineering…
U.S. authorities have charged 22-year-old Canadian Andean Medjedovic for allegedly stealing approximately $65 million from two decentralized finance (DeFi) protocols, Indexed Finance and KyberSwap. The U.S. Department of Justice (DOJ)…
Huione Guarantee, the controversial Telegram-based marketplace now rebranded as “Haowang Guarantee,” has facilitated at least $24 billion in transactions to date. As it cements its position as the largest illicit…
As cryptocurrency gains mainstream traction, its use in illicit activities has diversified, extending beyond traditional cybercrime. Chainalysis has warned that these activities even include threats like national security breaches and…
PeckShield’s latest analysis reveals a troubling spike in crypto-related security breaches in 2024 alongside a bull market. Despite the grim statistics, recovery efforts have managed to reclaim hundreds of millions…