Another update regarding the Bybit hack is making rounds across the media. The hacker who stole $1.5 billion worth of Ethereum from Bybit has already made 20% of it disappear. Hackers are using advanced tactics to perform social engineering hacks and money laundering. Thus, crypto firms and exchange platforms must
The crypto market is facing serious challenges with uncertain macroeconomic conditions. Trump’s election brought a renewed hope into the market in 2024 and led to a short bull run by the end of the year. However, with the new tariffs and several US states rejecting Bitcoin reserve bills, the market
It is just the second month of 2025 and the crypto universe witnessed another massive hack. Decentralized money lending protocol zkLend was hacked and lost over $4.9 million in assets. On February 12, blockchain security firm Cyvers revealed in their X post that ZkLend was exploited on the Starknet network
Solana DEX aggregator Jupiter’s X account has been compromised to promote fake memecoin. Jupiter Mobile’s X account announced the official update. On Thursday, the platform team announced that the hackers had compromised the main Jupiter exchange account. They warned the users not to click on any link. In addition, the
Nasdaq is one of the reputed stock exchange platforms and financial services corporations in the US. Despite being a renowned firm, it couldn’t avoid social media hackers from hacking its official X account. When a hacker compromised its account and promoted STONKS memecoin, its market capitalization skyrocketed. As per the
A sophisticated phishing operation targeting cryptocurrency holders has emerged, using convincingly crafted Zoom meeting invitations as its vector of attack. The campaign, uncovered by SlowMist’s security team, demonstrates how hackers are leveraging the widespread use of video conferencing platforms to distribute malware capable of stealing substantial crypto assets. The Russian
Vivek Ramaswamy, co-leader of the U.S. Department of Government Efficiency (DOGE), had his X account hacked today. The incident confused and triggered a surge in the price of the USUAL stablecoin. The account posted a false claim about a partnership between DOGE and USUAL. BREAKING: Suspicions arise as Vivek Ramaswamy's
Canadian rap superstar Drake’s X account was hacked on Saturday night and used to promote a fraudulent Solana-based memecoin called “$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
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
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
