After nearly two months of the WazirX hack, there has been no sign of fund recovery yet. Meanwhile, the Indian crypto exchange, CoinSwitch, which recently sued WazirX, has released information related to the WazirX hack. On the other hand, other leading exchanges also witnessed hacks in recent weeks. Notably, CoinSwitch
With the approaching US elections, there have been some intriguing advancements in the digital assets sector. Amid new announcements, members have also witnessed security concerns being raised. Recently, on Wednesday, the Cosmos Hub’s systems were identified as having security vulnerabilities and recommended for an audit. Meanwhile, the DeFi platform, Radiant
In an interesting turn of events, the hackers behind Bitfinex 2016 major hack penalties were discussed by the US government. The 2016 hack was an enormous security breach that caught market attention and has still been discussed. Several other security concerns have also risen in the past few months. Notably,
The massive cyberattack on WazirX that took place on July 18 has cast a long shadow over the Indian crypto community. The breach, which resulted in a $230 million loss, has shaken the confidence of Indian crypto users, prompting renewed scrutiny of exchange security and the safety of users’ funds.
September 2023 has seen a series of high-profile cryptocurrency hacks, with the Lazarus Group, a North Korean hacking collective, emerging as a key player in siphoning off millions of dollars in digital assets. These incidents have sent shockwaves through the crypto community, leaving investors and enthusiasts grappling with the aftermath.
The wormhole bridge exploiters are back in action. While tracking down the so-called wallet address of the hacker, a brief amount of Ethereum was transferred on 23rd Jan of 2022. Two interesting transactions on the list, one is presumably between exploiter and exploiter 2, which sums around 1,889 ETH with
Tamil Nadu Electricity Minister’s Twitter account was hacked overnight. The hacked Twitter account promoted Cryptocurrency. An unknown gang hacked Tamil Nadu Electricity Minister, V. Senthil Balaji Twitter account on Sunday. The short hack uses a different display name “Variorius” and urges users to utilize cryptocurrencies. Over two lakh people followed
Total value locked (TVL) in the protocol drops from $30M to $4M after the attack. The team plans to give away all of its remaining treasury assets. When it comes to asset management firms, Babylon Finance is the most recent to shut down, but for an unusual reason. Recently, the
Over $573,000 was stolen as the result of a front-end website exploit. Curve.exchange appeared to be unaffected by the hack. The decentralized finance (DeFi) protocol Curve.Finance has been the new target for the hackers on late Tuesday. According to a tweet alert from the Curve, Iwantmyname, a provider of DNS
Recently many bridge hacks happened like the Ronin and Wormhole bridge hacks. In the hack, Nomad lost the wrapped Bitcoin worth 2.3 million. Nomad is a cross-chain bridge that serves as a cheap and secure means of transferring funds between chains. It was attacked on August 1, and around $200
