Bybit crypto hack: Which security measures would prevent a repeat? | Opinion

Security is a shared responsibility, and collaboration is key to making cryptocurrency space safer for everyone

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Binance denies role in WazirX hack, accuses CEO of misleading users

Binance claims it has no ownership of WazirX and urges the exchange to take responsibility for losses following the recent hack.

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Coinbase sued for $96k lost in hack by client

Coinbase is facing a civil lawsuit over a client who lost $96,000, their lift savings, in a hack. Coinbase has denied responsibility.

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Is Axie Infinity [AXS] still in shock after two weeks of the Ronin hack

As the Axie Infinity market attempts to recover from the effects of the Ronin hack, Sky Mavis’ Chief Operating Officer (COO), Alexsander Larsen, has come forward to take complete responsibility for The post Is Axie Infinity [AXS] still in shock after two weeks of the Ronin hack appeared first on AMBCrypto.

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Axie Infinity Builder Takes ‘Full Responsibility’ for $625M Ronin Hack, Exec Says

“These are the players who trusted us, and we failed to live up to that trust,” Sky Mavis co-founder Alexsander Larsen said on CoinDesk TV Friday.

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Grap Finance Claims Responsibility for $4M Cover Protocol Hack, Returns Funds

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KuCoin Hack Update: 11 Crypto Projects Freeze the Stolen Tokens

Over the weekend, KuCoin lost about $275 million in BTC, XRP, BSV, XLM, TRX, stablecoins, ETH, and other ERC-20 tokens in a security breach. As we reported, the cryptocurrency exchange took full responsibility for the hack, obviously, and promised to cover all the losses through its Insurance Fund.

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Indian prime minister the latest victim of crypto scam Twitter hack

A cybercrime group named ‘John Wick’ has taken responsibility for the attack.

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Did Self-Proclaimed Bitcoin Creator Craig Wright Just Claim Responsibility For Mt. Gox Bitcoin Hack?

Australian computer scientist Craig Wright continues to befuddle the crypto community. The Bitcoin SV (BSV) creator who has long maintained to be the one and only Satoshi Nakamoto has apparently admitted to orchestrating the infamous Mt.

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Nano Lawsuit Update: Angry Investor Reacts to Motion to Dismiss

James Fabian, the chief plaintiff in the securities class action suit against the Nano crypto company, has asked a judge to strike against each point of dismissal that Nano supplied last fall. Nano Dismisses Claims in 10-Point List Fabian, who faced losses after the hack and closing of the BitGrail exchange, believes Nano did not have sufficient excuses to claim lack of responsibility for the loss of coins.

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Algorand’s Former Algo Capital CTO Takes Blame For Recent Hot Wallet Hack

Pablo Yabo, the last Chief Technical Officer (CTO) of the investment company Algo Capital has recently affirmed publicly that he takes responsibility for the major security breach that happened to a hot wallet controlled by him.

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Obama Hack Judge Rules Trump Must Deliver Private Financial Records

By CCN: In a brazen but unsurprising move last week, Democrats issued a subpoena to accounting firm Mazars USA for eight years’ worth of Donald Trump’s financial records. It should thus come as no surprise that Barack Obama judicial appointee U.

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Crypto Industry Matures as Bitcoin Exchange Reopens After $60 Million Hack

By CCN. com: Zaif, a Japanese crypto exchange that was hacked in September 2018, is preparing to resume its operations in Japan according to the official document released by the exchange. The document released by Zaif on April 19 stated that all users affected by the hack will be compensated fully.

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Prosecutors Seek 10-Year Jail Sentence for Karpeles Over Mt. Gox Embezzlement

Former Mt. Gox CEO Mark Karpeles has run into trouble in the Japanese legal system, and prosecutors are pursuing a 10-year jail sentence for alleged embezzlement during his tenure at Mt.

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Distributed Dialogues: Blockchain’s Better Side

The fact that great responsibility accompanies great power has become crystal clear in the blockchain world. While blockchains are most commonly connected with commerce, the potential impact of distributed ledgers is being discovered in fresh sectors daily.

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Audits and Quality Assurance: Patching the Holes in Smart Contract Security

On July 10, 2018, news broke that cryptocurrency wallet and decentralized exchange Bancor was hit with a hack. A wallet the Bancor team used to update the protocol’s smart contracts was infiltrated, and the $23.

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Bitcoin Technical Analysis: (BTC/USD) Survived Bithumb Hack: Traders Now Uncertain

Nothing in this article is to be construed as investment advice. Neither the author nor the publication takes any responsibility or liability for any investments, profits or losses you may incur as a result of this information.

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