BingX Faces Hot Wallet Hack, Assures Users Of Asset Safety And Full Compensation

At around 4 AM on September 20 (Singapore time), BingX’s technical team detected unusual network activity, suggesting a potential hacker attack targeting the platform’s hot wallet. In response, an emergency plan was swiftly implemented, which included suspending withdrawals and urgently transferring assets to protect user funds. While some assets have been lost, the amount is … Read more

WazirX Hacker Moves $11.4M In ETH, Deposits Majority Into Tornado Cash

The hacker behind the recent WazirX India breach remains active, transferring 5,000 ETH (approximately $11.4 million) to a new address. According to blockchain data, the hacker has already deposited $9.9 million of that amount into Tornado Cash, a decentralized privacy platform, while still holding $1.38 million in their wallet. 🚨UPDATE🚨Another busy day for @WazirXIndia hacker!Hacker … Read more

WazirX Hackers Funnel $11M In Stolen ETH Through Tornado Cash

The hackers behind the July WazirX breach, believed to be tied to North Korea, have moved another $11 million worth of stolen Ethereum (ETH) into Tornado Cash, a cryptocurrency mixer that obscures transaction trails. In the latest move, over 5,000 ETH was transferred to a new wallet, with $1.2 million laundered through Tornado Cash across … Read more

Penpie Faces Security Breach, Pendle Takes Swift Action To Protect $105M In Assets

Penpie, a protocol built on top of Pendle, recently experienced a significant security breach that resulted in a loss of funds. In response, the Pendle team swiftly intervened to protect approximately $105 million from further potential losses. Alert: Penpie has encountered a security compromise. We have paused all deposits and withdrawals. Our team is working … Read more

WazirX Faces $234M Hack, Users Could Lose 40% Of Funds Amid Restructuring Efforts

WazirX, a prominent Indian cryptocurrency exchange, has informed its users that they could face significant losses following a major security breach in July 2024 that resulted in the theft of $234 million. The platform is currently undergoing a restructuring process and has sought time from Singapore’s high court to devise a swift recovery plan to … Read more

WazirX Users Get Partial Relief, But Crypto Withdrawals Remain Frozen

It’s been a tumultuous month for WazirX users, following the devastating cyberattack on July 18, 2024, which prompted the platform to suspend withdrawals and trading. After weeks of intense efforts, the WazirX team has finally outlined a plan to address users’ pressing concerns regarding cryptocurrency and INR balances. 📢 Important Announcement About INR Withdrawals and … Read more

Whale Loses $55.47M DAI In Phishing Attack: A Cautionary Tale

In a devastating phishing attack, a crypto whale lost 55.47 million DAI due to a careless mistake. The incident unfolded when the whale unknowingly signed an unknown transaction 13 hours ago, inadvertently setting the owner of his 55.47 million DAI in Maker to a phishing address: “0x0000db5c…41e70000.” This critical error allowed the attacker to gain … Read more

WazirX Hack Leaves Users In Limbo: Calls For Immediate Action Intensify

It has been 26 days since WazirX suffered a major security breach, and users are still left in the dark regarding the fate of their funds. The prolonged freeze on withdrawals has sparked widespread frustration, especially as users struggle to access their money during critical times. Pushpendra Singh, co-founder of Pushpendra Tech, has once again … Read more