Only Bitfinex may get restitution in 2016 hack, per government filing
Bitfinex socialized the loss from the hack and reimbursed its customers within eight months, but potential victims can still come forward. Go to Source
Bitcoin hack
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Crypto losses reach $1.19B in H1 2024: CertiK calls for better security
The CertiK report shows that phishing attacks led to nearly $498 million in losses, emphasizing the urgent need for enhanced security measures like 2FA. Go to Source
Alex Lab points to Lazarus Group after last month’s $4M exploit
After being exploited for $4.3 million in May, Alex Lab reveals they have since found “substantial transaction evidence” pointing the attack to North Korea’s Lazarus Group. Go to Source
BNB Chain faces $80K Bitcoin exploit. White hat hacker or ongoing exploit?
Certain on-chain signs point to a potential white hat, or ethical hacker, looking for blockchain vulnerabilities. Go to Source
Bitcoin Core developer hack highlights self-custody risks: Community responds
A Twitter user pointed out that if a top Bitcoin developer can’t keep his wallet secure, then mass adoption is a pipe dream. Go to Source Powered by WPeMatico
Bitfinex-backed LEO soars to record high on supply crunch expectations
The token surged almost 70% in a day after the U.S. Department of Justice announced that it had recovered most of the stolen funds from the 2016 Bitfinex hack. Go to Source Powered by WPeMatico
European Crypto Exchange Hacked for $5.4 Million in Bitcoin
Eterbase, a Slovak cryptocurrency exchange, revealed Thursday that it had been hacked for $5.4 million. Cyber-criminals broke into six hot wallets containing bitcoin, ethereum, algo, ripple, tezos, and tron, stealing everything, it said. Hot wallets are active digital asset accounts connected to the internet. Eterbase used these wallets to facilitate day-to-day trading activities on its … Read more
Crypto Exchange Cashaa Loses 336 Bitcoin Worth $3 Million to Hackers
Cryptocurrency exchange Cashaa says it has lost 336 bitcoin (worth around $3.1 million) to hackers. The London-based platform has now ceased all crypto-related transactions, including withdrawals and deposits, as investigations into the breach get underway. In a tweet on July 11, Cashaa claimed that the hacker attacked one of its Blockchain.com wallets, which is used … Read more
Kraken Is The Safest Exchange, OKEx, Huobi Pro And Bitstamp Among The Riskiest: Report
With crypto exchanges being a favorite target for hackers, placing your cryptos at the safest hands should be a priority for any crypto investor. And according to a report by cyber security firm Group IB, the safest exchange is the long-serving U.S-based exchange, Kraken. The report considered a variety of factors that included the level … Read more
Major Korean Crypto Exchange: $31 Million Vanishes
Bithumb, South Korea’s largest crypto exchange announced on its website that between Tuesday evening and Wednesday morning, Korean time, 35 billion won (about 31.5 million USD) worth of cryptocurrencies vanished. Just a few hours later, the announcement was taken down, along with promises of compensation. At press time, it appears Twitter announcements of the heist … Read more
