Sat, April 12

Vivek Ramaswamy’s X Account Hacked to Promote Fake DOGE-USUAL Collaboration

Vivek Ramaswamy, co-leader of the U.S. Department of Government Efficiency (DOGE), had his X account hacked today. The incident confused and triggered a surge in the price of the USUAL stablecoin. The account posted a false claim about a partnership between DOGE and USUAL. BREAKING: Suspicions arise as Vivek Ramaswamy's

December 20, 2024 2 mins read

Drake’s X Account Hacked to Promote Fraudulent Solana Memecoin

Canadian rap superstar Drake’s X account was hacked on Saturday night and used to promote a fraudulent Solana-based memecoin called “$ANITA.” The scam capitalized on Drake’s cartoon “alter ego,” Anita Max Wynn, leveraging his brand to lend credibility to the fraudulent project. Hackers targeted Drake’s over 39 million followers with

December 15, 2024 2 mins read

Crypto Exchange Gate.io Denies Security Breach Rumors

Gate.io, one of the leading cryptocurrency exchanges, has swiftly “denied circulating rumors of a security breach,” assuring users that all systems are operating normally. The rumors, which surfaced during early Asian trading hours, suggested a possible hack and triggered concerns about massive withdrawals. However, Gate.io promptly refuted these claims, emphasizing

December 13, 2024 2 mins read

When Will WazirX Return, If Not Now?

WazirX, a popular crypto exchange, is working hard to recover from a major hack that led to a $235 million loss. They’ve recently taken an important step by applying to the Singapore Court for permission to meet with creditors. This meeting will help to decide the best way to distribute

December 7, 2024 3 mins read

Japan Exchange DMM Bitcoin to Liquidate Assets Through SBI Group

A prominent crypto exchange platform in Japan, DMM Bitcoin is liquidating its assets through SBI Group. The exchange will completely cease its operations after the liquidation. The liquidation is caused by a $320 million fraud which occurred in May, 2024 and affected over 450,000 accounts of DMM Bitcoin.  As per

December 2, 2024 2 mins read

Why Did XT Exchange Cease Withdrawals Abruptly?

XT.com, a Seychelles-registered cryptocurrency exchange, has suspended all cryptocurrency withdrawals following an alleged hack that resulted in the loss of $1.7 million. The exchange ranked 23rd on Coingecko and facilitating over $3.4 billion in daily trading volume, announced the suspension on November 28, citing a “wallet upgrade and maintenance.” #PeckShieldAlert

November 28, 2024 2 mins read

Polter Finance Exploiter Moves 120 ETH to Tornado Cash

PeckShield reported that an address linked to the Polter Finance exploiter transferred 120 ETH to Tornado Cash, a privacy tool commonly used to obscure blockchain transactions. Polter Finance, a decentralized non-custodial lending and borrowing platform, recently suffered a devastating hack, resulting in approximately $8.7 million in crypto losses. The incident

November 19, 2024 2 mins read

Bitfinex Hacker Sentenced to 5 Years for Bitcoin Laundering

Ilya Lichtenstein, the hacker behind the 2016 Bitfinex exchange breach, has been sentenced to five years in prison for his role in one of the largest cryptocurrency thefts in history. Lichtenstein, 35, stole approximately 120,000 Bitcoin, valued at $71.8 million at the time. Today, those stolen funds are worth over

November 15, 2024 2 mins read

Crypto Exchange M2 Secures User Funds After $13M Hot Wallet Breach

The cryptocurrency exchange M2, regulated as a Multilateral Trading Facility (MTF) and Custodian by the Financial Services Regulatory Authority (FSRA) hacked, resulting in a loss of $13 million from its hot wallets.  The exchange, M2 operates on Ethereum, Bitcoin, and Solana. The hackers targeted M2’s hot wallets connected to the

November 1, 2024 1 min read

Radiant Capital Hackers Bridge $52M to Ethereum After Exploit

Hackers behind the recent Radiant Capital exploit have successfully bridged nearly all stolen funds from Arbitrum and BNB Chain to Ethereum, totaling approximately 20.5K ETH, valued at around $52 million. This move marks the next phase in the aftermath of the October 16 hack, where attackers drained assets across multiple

October 24, 2024 2 mins read