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Another week, another sorry tale of blockchain hacks
In terms of scale, the $200 million Mixin Network cloud service provider database hack stood out. Security vulnerabilities and phishing incidents were the most utilized attack vectors. WhileThe post Another week, another sorry tale of blockchain hacks appeared first on AMBCrypto. дальше »
2023-10-2 16:30 | |
Crypto Whale Suffers $24 Million Loss In Phishing Attack
The crypto space still presents risks like scams, hacks, rug pulls, etc. In another troubling event, a crypto whale lost over $24 million worth of assets in a massive phishing scam. In this case, the victim address is regarded as a major liquidity provider on the Uniswap Decentralized Exchange (DEX), supplying over $1.6 million worth […] дальше »
2023-9-8 14:30 | |
DeFi Apps display their soft underbelly - Defi and Crypto deal with another pair of 9-figure hacks
Decentralized Finance protocols are harder to run than they look. There are multiple points of failure for platforms including smart contract exploits, flash loan attacks, and rug pulls by anonymous employees. дальше »
2023-7-12 07:00 | |
Bitcoin breaks another major level as price crosses $20000!
From $7,301 to $20,000, Bitcoin has seen it all in the past year. From regulatory ring-fencing, rejected ETFs, and seized Bitcoins, to hacks and thefts and the shutting down of several exchanges, it hThe post Bitcoin breaks another major level as price crosses $20000! appeared first on AMBCrypto. дальше »
2020-12-16 16:44 | |
Here's why the Pickle Finance hack was different from the rest
Another day, another DeFi hack. Heard that before? Probably a lot these days. Hacks and rug pulls are not uncommon in the DeFi ecosystem. And yet, the space continues to see sustained growth over aThe post Here's why the Pickle Finance hack was different from the rest appeared first on AMBCrypto. дальше »
2020-11-23 18:45 | |
Another day, another hack: $2m in DAI drained from Ethereum DeFi app Akropolis
With billions of dollars on the line, it is no surprise that the decentralized finance (DeFi) space has been rife with hacks and exploits on innocent contracts. The post Another day, another hack: $2m in DAI drained from Ethereum DeFi app Akropolis appeared first on CryptoSlate. дальше »
2020-11-14 15:15 | |
DeFi App Hits ‘Pause’ Button After Losing $25m in Funds, Despite ‘Decentralization’
Another decentralized finance (DeFi) platform temporarily hit the pause button due to an attack. $25M was drained from the smart contract. Hacks and exploits in the world of decentralized finance (DeFi) seem to be increasingly more common. дальше »
2020-4-21 00:16 | |
Infographic: An Overview of Compromised Bitcoin Exchange Events
The purpose of this infographic is to visualize the size of large cryptocurrency hacks that have occurred in the past as if they all happened today. The hacks included in this infographic extend beyond exchanges, as there were other large entities that experienced cryptocurrency hacks, such as marketplaces like Silk Road 2. дальше »
2019-5-25 21:56 | |
Bitcoin Whale Alert: BTCs worth over $18 million moved as king coin breaches $6000 mark
Bitcoin [BTC], the world’s largest cryptocurrency, has had a rollercoaster ride in 2019. Despite positive developments however, the cryptocurrency has suffered its share of downsides as well, largely due to hacks and nefarious activities. дальше »
2019-5-9 15:30 | |
Bitcoin [BTC] reorg is never happening, claims Blockstream CEO after Binance shelves reorg idea
Several hacks and frauds in the world of cryptocurrencies have forced many in the space to take countermeasures to safeguard the assets from malicious practices. The latest hack that targeted Binance, the world’s largest cryptocurrency exchange in terms of volume, was another blow to the industry’s push towards mainstream adoption. дальше »
2019-5-8 22:30 | |
Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means
The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »
2019-4-27 01:30 | |
Bitfinex hack: Stolen Bitcoin [BTC] funds make a move in the market
One of the main concerns of the cryptocurrency space has been hacks, which has resulted in several investors losing a significant amount of money. This year alone, several cryptocurrency exchanges have reported loss of funds due to a security breach, which includes leading exchanges such as Cryptopia and Bithumb. дальше »
2019-4-26 23:58 | |
Healthcare has a massive cybersecurity problem, and we’re not doing enough to fix it.
Not long ago, it was reasonable to think that financial businesses would be the most prominent and most profitable targets of criminal activity. After all, a successful bank robbery could score you tens of thousands of dollars (or more). дальше »
2019-4-23 17:29 | |
Cyber insurance for companies is overhyped — even though it may be necessary
For those following the information security space, it can feel as if the past year was just a series of announcements with one corporate security breach after another. Breaches like Equifax, Marriot, and many more have entered the general consciousness after the personal details of hundreds of millions of customers have fallen into the hands of hackers. дальше »
2019-3-31 16:30 | |
Singapore Crypto Exchange DragonEx Hacked
In yet another major exchange hack of 2019, DragonEx has confirmed that a hack of their platform took place on March 24, 2019, and that the matter has been reported to law enforcement. Hacked It would seem at this point that hacks of crypto exchanges are inevitable to a degree. Cryptopia was one of theRead More дальше »
2019-3-27 21:00 | |
In Cautionary Speech, Chairman Clayton Parrots SEC’s Bitcoin ETF Concerns
Speaking at the ongoing CoinDesk's Consensus Invest conference in New York, U. S. Securities and Exchange Commission (SEC) Chairman Jay Clayton spoke on why his agency hasn’t yet approved a bitcoin exchange traded fund (ETF). дальше »
2018-11-29 21:56 | |
Twitter Cryptocurrency Hacks Continue On Google To Promote Bitcoin Giveaway Scams
No sooner than the hacking of Target’s Twitter account was announced by TheNextWeb, the media website had another scam to cover – Google. Just like Target, Google became the latest verified account to be hacked by attackers on Twitter, promoting a “Bitcoin giveaway” scam that they hoped would reach the 800,000 followers. The message on […] дальше »
2018-11-14 10:31 | |
EOSBet Allegedly Becomes Victim of Another Crypto Hack, Now Twice in Just One Month
EOSBet has been the victim of a few hacks, which is to be expected in a dApp where consumers are already in a state of constant gambling. However, based on a new report from Hard Fork, the hackers have seemingly struck again, stealing EOS that amounts to thousands of dollars in value. The online dice […] дальше »
2018-10-16 00:45 | |
Facebook Latest Hack Confirms An International Need For Blockchain Technology
The latest news out of Facebook this week is that the social network has been subject to yet another mass data hack, one that calls into question once again the integrity of users data on Facebook. дальше »
2018-10-3 12:30 | |
Kraken: An Overview of One of Europe's Top Bitcoin Exchanges
In this overview, we explore Kraken and its journey from a Mt. Gox alternative to soften the blow of bitcoin’s dependence on just one exchange to becoming one of the most respected cryptocurrency exchanges in the world. дальше »
2018-9-27 21:21 | |
Why The First 6 Months Of 2018 Have Been Devastating For Bitcoin Exchanges In Japan
Breaking news out of Japan today comes as yet another cryptocurrency exchange is hacked, seeing around $60 million worth of Bitcoin, Bitcoin Cash and MonaCoin lifted from Zaif, a Japanese based cryptocurrency exchange. дальше »
2018-9-20 16:30 | |
Have You Heard? $60K Stolen In Latest Bitcoin Hack
Bitcoin hacks are seemingly more and more sophisticated by the day. I see it like this, for every ‘level up’ the technology industry reaches, the criminal underworld seem to get a multiplier and level up twice as fast. дальше »
2018-8-7 17:30 | |
Smart contract hacks cost millions — this company wants to fix it
Last November, a user accidentally froze around 514,000 ETH (worth approx. $155 million) in Parity, a popular Ethereum wallet. The culprit was a bug in the wallet’s software, which the user in question accidentally triggered. дальше »
2018-7-30 08:30 | |
EtherScamDB: Ethereum (ETH) Scam Database For Active Threats?
The continued rise of cryptocurrency popularity has created a breeding ground for malicious attacks, phishing attempts, and the occasional PC hacks. While a large popularity of crypto users is earning from their efforts, there is another group that has chosen to earn a living by stealing from the hard workers. What Is EtherScamDB? EtherScamDB was […] дальше »
2018-7-15 14:09 | |
Policy revocation, New Krypto classification in South Korea
While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks. In addition, the Bank of Korea has released a report with its view on using crypto as a means of payment. дальше »
2018-7-9 11:26 | |
Korean Regulations: Policy Alteration, New Crypto Classic, Central Bank Report
While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks. In addition, the Bank of Korea has released a report with its view on using crypto as a means of payment. дальше »
2018-7-9 09:46 | |
Policy Easing, New Crypto Classification in South Korea
South Korea has been busy revising its cryptocurrency regulations. The regulators plan to ease the rules on crypto assets in line with G20 policies. While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks. дальше »
2018-7-9 08:15 | |
Are Centralized Exchanges Breaking the Crypto Promise?
Exchange hacks are becoming the new normal. Just two weeks after Conrail’s $37. 2 million hack, it was time for Bithumb’s $31 million hack, with the difference being that Bithumb is the world’s sixth largest cryptocurrency exchange based on CoinMarketCap data, far larger than Coinrail. дальше »
2018-6-24 23:00 | |
Two Huge Hacks In Two Weeks Didn’t Crash The Markets, Here’s Why
Yesterday, we saw news of another hack of the South Korean cryptocurrency exchange, Bithumb, the hack, resulted in the theft of over $30 Million. Just over a week ago, we also saw a similar scale hack take hold of (another South Korean cryptocurrency exchange) Coinrail, this time, we saw theft in excess of $40 Million. дальше »
2018-6-22 13:30 | |
The Cryptocurrency Market Needs a Solution to the Hacking Menace
The Coinrail hack of June 10, 2018, led to the theft of more than $40 million in cryptocurrency. Although not one of the more prominent exchange platforms, the Coinrail hack is yet another reminder of the tenuous nature of the emerging digital currency landscape. дальше »
2018-6-12 23:00 | |
On Radical Markets
Recently I had the fortune to have received an advance copy of Eric Posner and Glen Weyl’s new book, Radical Markets, which could be best described as an interesting new way of looking at the subject that is sometimes called “political economy” - tackling the big questions of how markets and politics and society intersect. дальше »
2018-7-21 04:03 | |