WazirX launches fair fund recovery plan post $230M hack
Drawing lessons from past incidents such as the Mt. Gox and Bitfinex hacks, WazirX aims to apply the best practices from these cases to ensure a fair and efficient resolution. Go to Source
crypto exchange hack
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Japanese crypto exchange raises $320M to recover funds after major hack
DMM Bitcoin aims to compensate users for a $320 million loss following a major hack by raising equivalent funds. Go to Source
Maiar decentralized crypto exchange goes offline after bug discovery
The exchange has been taken offline due to the discovery of the bug and the team has implemented an “emergency fix” and updated the decentralized exchange. Go to Source Powered by WPeMatico
Crypto.com Reveals 483 Accounts Compromised in Recent Hack — $34 Million in Bitcoin, Ether Stolen
Crypto.com has revealed that 483 user accounts were compromised in the recent hack that resulted in unauthorized withdrawals of about $34 million in cryptocurrencies, including bitcoin and ether. Nonetheless, the company stressed that customer funds were never at risk. Crypto.com’s Hack Postmortem and CEO’s Comments Crypto.com revealed Thursday the number of users affected by the … Read more
Hotbit crypto exchange shuts down for maintenance after attempted hack
The Chinese crypto exchange says funds are “SAFU” and that the emergency maintenance could take up to two weeks. Go to Source Powered by WPeMatico
Troubled NZ Crypto Exchange Cryptopia Suffers Another Hack in the Midst of Liquidation Process
Controversy still surrounds a liquidated New Zealand cryptocurrency exchange, which allegedly got hacked again. Adding to the $30 million stolen in 2019, Cryptopia reports that it was the target of a another theft incident on February 1, 2021. Hackers Accessed a Dormant Wallet Which Holds XSN Tokens According to Stuff.co.nz, the hackers took around NZD … Read more
Spanish Crypto Exchange 2gether Won’t Reimburse All Stolen Funds From the 2020 Hack
Spanish cryptocurrency exchange 2gether has announced that it won’t compensate users for the full amount of bitcoin (BTC) and ether (ETH) stolen in August 2020. The exchange said that almost 5,000 of its customers won’t receive their cryptos under the compensation plan. Company Asks 9% of Its Users for More Time to Gather the Remaining … Read more
Crypto Exchange Bitgrail Founder Accused by Italian Police of Faking Hacks That Led to Company’s Bankruptcy
Italian police accused a man who ran a cryptocurrency exchange of being responsible for a series of hacks that caused millions in losses as part of an alleged massive fraud scheme. Italian Authorities Accuse Bitgrail Owner of Faking Hacks That Led Exchange’s Bankruptcy According to Reuters, the 34-year-old from Florence known by his initials F.F. … Read more
Bitcoin.com Exchange Reveals Role in the Cryptopia Rescue Group
The world-class trading platform, Bitcoin.com Exchange announced it’s participating in the Cryptopia Exchange rescue consortium in order to help redistribute coins to customers. Bitcoin.com’s trading platform will provide an exchange environment in order to bolster the Cryptopia Rescue redistribution plan. Back in January 2019, the New Zealand cryptocurrency trading platform Cryptopia Exchange suffered a major … 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
