ZachXBT just dropped receipts on a major breach at Taiwan-based exchange BitoPro, revealing that around $11.5 million was drained from their hot wallets on May 8, 2025. What’s disappointing is that BitoPro hasn’t uttered a word about it. They’re still out here running promos like nothing happened, completely ignoring the
The crypto industry is growing in popularity, adoption, and regulation across the globe. But so do the crypto hacks across various platforms. Nervos Network is the recent victim of hackers and has lost over $3 million in funds from its cross-chain bridge. The news came to light when Web3 security
Hackers posted a fake announcement, falsely claiming that U.S. authorities, including the Securities and Exchange Commission (SEC), were investigating ZKsync. The post proposed that the U.S. Treasury could sanction the Ethereum Layer 2 protocol. This deceptive press release was meant to instill fear and uncertainty among crypto users. Through the
North Korea’s cyber attacks on the crypto domain are expected to be on the agenda at the upcoming G7 summit in Canada next month.. This is an indication that the world is increasingly becoming worried about North Korea’s cyber activities. However, the issues in Ukraine and Gaza will remain the
The Bybit hack is the largest and most advanced hack in the history of crypto. The exchange didn’t affect its operations and covered the ETH deficit within a couple of days. However, the Bybit CEO and bounty hunter team are working relentlessly to trace and freeze stolen ETH. Bybit CEO
In a major blow to WazirX users, the Supreme Court has dismissed a criminal writ petition filed by 54 individuals seeking action against the crypto exchange and its co-founder Nischal Shetty over last year’s massive $230 million (₹2,000 crore) crypto hack. The court made it clear that it isn’t the
Decentralized exchange KiloEx has been hit by a major security breach, leading to a loss of around $7.5 million. The team confirmed the exploit early on April 15 during Asian trading hours and has since suspended all platform activity to contain the damage. In a public update, KiloEx said they’re
As the crypto space is evolving, hackers finding new ways to steal users’ digital assets. Kaspersky Lab experts revealed that hackers are using counterfeit Android smartphones to steal cryptocurrency. According to cybersecurity firm Kaspersky, they have discovered thousands of malware-infected Android devices specially developed to steal users’ data and crypto.
The crypto market has seen increased price dips over the last 24 hours. The prolonging price consolidation is causing frustration, despite other sector advancements. Contrary to last year, the regulatory sector is gaining surging clarity and transparency in the past few weeks. Meanwhile, cryptocurrency scams remain unfettered as reports suggest.
Although the cryptocurrency market is establishing camp at the bearish end of the zone, it remains active. The past day’s highlight was the Solana ETF being listed on DTCC. Another notable factor was Bitcoin’s fall to $84K, which the community members are seeing as an opportunity to ‘buy the dip’.
