2021-1-25 16:34 |
Studying the question of how Bitcoin hacking incidents affect the uncertainty in the overall crypto market.
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As the market capitalization of USDT and USDC keeps rising, recent asset freezes underline their inherent risks. Will these incidents cause more investors to turn to decentralized stablecoins, such as DAI and the stakable USDN? Since the start of June, Tether’s market cap has grown by 13%, and that of USDC Coin has finally crossed the $1bn mark.
2020-7-31 16:06 | |
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India’s financial sector has been experiencing a fair amount of trouble lately, as the private bank, Yes Bank, suffers from $2.5 billion in unpaid loans. The country’s officials have introduced measures to curtail negative effects on the market stemming from local and global incidents, but a better solution would be to introduce digital assets, for […] The post Yes Bank Disaster Underscores India’s Need for Digital Currencies appeared first on BeInCrypto.
2020-3-16 16:10 | |
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Security is one of the key evolving aspects of the crypto-industry and the cryptocurrency market. Over the years, many exchanges across the world have fallen victim to hacks. These incidents often raiThe post Kraken's Powell claims self-regulation requires government backing appeared first on AMBCrypto.
2019-12-12 01:30 | |
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The financial regulatory authority of Germany claims that it has no knowledge of “Cyber Incidents” or market manipulation on trading platforms in the country. This is according to a recently uploaded press release on May 28.
2019-5-29 01:18 | |
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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.
2019-5-25 21:56 | |
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Cryptojacking — the process of infecting computers with malware to mine cryptocurrency — has declined alongside prices during cryptowinter. But like any dextrous organism facing extinction, the virus and its propagators are adapting.
2019-4-27 22:07 | |
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Since the market opened, the crypto space has been awash with incidents of fraud and lawsuits. However, the recent one involving a bank is what really comes as a shocker. Apparently, the CEO of AriseBank hasn’t been a good boy in these streets, and now the law has caught up with him.
2018-11-30 23:42 | |
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The cryptocurrency market is going through a rough patch, but this isn’t stopping scammers from duping people out of their funds. Hackers took over the official Twitter account of India’s National Disaster Management Authority (NDMA) to promote blatant Bitcoin giveaway scams – a trend that’s been plaguing social media for months now.
2018-11-6 12:47 | |
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Fresh on the market, the industry’s newest batch of stablecoins is having trouble striking a price balance. Amidst news of listings on Huobi and OKEx, two of the industry’s largest exchanges, TrueUSD (TUSD), Gemini USD (GUSD), the Paxos Standard (PAX) and Circle’s USD Coin (USDC) have all risen well above their pegs.
2018-10-17 01:17 | |
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While crypto enthusiasts pray for the bulls to reign at all times, sometimes a bearish trend comes with cool advantages. Per recent research findings, cryptojacking has become less lucrative for ‘cryptojackers’ due to the current market slump, leading to a sharp decline in occurrences of the illegal act.
2018-7-19 05:00 | |
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Singapore-based cryptocurrency exchange BITBOX, which is also a division of Japanese internet giant Line Corporation, is now up and running. Operations began on July 16, 2018, and services are available in roughly 15 different languages to traders of every country except Japan and the U.
2018-7-19 22:38 | |
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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.
2018-6-12 23:00 | |
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Gala Games said it responded swiftly to the significant security breach on May 20 that resulted in the unauthorized sale of $21 million worth of GALA tokens and the “effective burn” of an additional 4.
Pink Drainer, a notorious crypto wallet-draining service, announces its closure after pilfering over $85 million from more than 21,000 victims in the past year. The post Pink Drainer shuts down after dealing over $85 million in damage appeared first on Crypto Briefing.
North Korean hackers deploy new 'Durian' malware to target South Korean crypto firms, with potential links to the notorious Lazarus Group uncovered. The post Kimsuky hacking group targets South Korean crypto firms with new malware — report appeared first on Crypto Briefing.
On May 1, DeFi protocol Pike Finance corrected its description of a recent exploit and said it was not caused by a USDC vulnerability, as previously stated. According to the company’s latest statement: “The term ‘USDC vulnerability’ was inaccurate for summarizing last week’s exploit.
A hacker exploited a bug in a newly launched gaming token on Blast network — Super Sushi Samurai — to steal roughly $4. 6 million worth of Ethereum on March 21 — less than a month from its launch.
Crypto mixer Tornado Cash has reportedly fallen victim to a significant backend exploit that has put user deposits and sensitive data at risk. The security breach was revealed in a Medium post by Gas404, a community member, on Feb.
Bitcoin has broken the $53,000 level for the first time since Dec. 4, 2021, and is currently sitting around $53,538 as of press time. Ethereum is also up on the day, surpassing $3,150, an increase of 4% on the intra-day low.