Tag Archives: Cybersecurity News

Mixin Network immediately suspended the deposits and withdrawals stating that they would soon announce their decision to deal with the lost assets. Earlier today, the decentralized finance (DeFi) project Mixin Network announced the suspension of all deposits and withdrawals after losing $200 million in crypto assets in a recent hack. The SlowMist team was the first to report this incident. It also noted that the breach happened through a compromise in Mixin’s cloud service database....

Luckily, Cuban was quickly alerted and managed to move over $2.5 million worth of other crypto he had on Polygon to a Coinbase exchange address. It turned out to be a huge mistake for tech billionaire Mark Cuban when he decided to revisit crypto this past weekend. Having been inactive for several months, the Dallas Maverick owner thought it a good idea to look up his holdings, only to fall victim to a crypto scam. According to blockchain data, he lost around $870,000 worth of tokens to the...

August saw the crypto industry lose around $24 million in virtual assets due to various hacks and exploits. On August 30, Ivan Bianco, a prominent blockchain gaming-focused YouTuber known for his channel “Fraternized Crypto,” faced a devastating loss of approximately $60,000 in cryptocurrencies during a live stream. This unfortunate incident occurred when he inadvertently revealed the private keys to his crypto wallets. During the live stream, Bianco, who hails from Sao Paulo, Brazil, made...

CoinspeakerFTX Customers Hit by Fresh Email Phishing Attack Proactively, the platform has placed a temporary freeze on affected user accounts within the customer claims portal. FTX Customers Hit by Fresh Email Phishing Attack

CoinspeakerBalancer Loses $900,000 to Security Vulnerability Despite Prior Warning The attacker managed to transfer Dai stablecoins twice. The initial transfer was $636,812, followed by a subsequent transfer of $257,527, aggregating to a total stolen amount of around $900,000. Balancer Loses $900,000 to Security Vulnerability Despite Prior Warning

CoinspeakerFTX Faces Cybersecurity Breach amid Bankruptcy Proceedings FTX highlighted the pressing concern of potential fraudulent activities and scams and advised users to exercise heightened caution against any emails or communications that may impersonate parties involved in the bankruptcy proceedings. FTX Faces Cybersecurity Breach amid Bankruptcy Proceedings

CoinspeakerAtomic Wallet Faces Lawsuit from Aggrieved Investors over Breach The lack of definitive information raised concerns about the depth of Atomic Wallet's understanding of the breach and its ability to prevent similar incidents in the future. Atomic Wallet Faces Lawsuit from Aggrieved Investors over Breach

CoinspeakerFireblocks Uncovers BitForge: Series of Security Vulnerabilities Affecting Crypto Wallets Coinbase, Zengo, and Binance expressed gratitude to Fireblocks for identifying and responsibly disclosing the security issues before any losses occurred. Fireblocks Uncovers BitForge: Series of Security Vulnerabilities Affecting Crypto Wallets

CoinspeakerFBI Report: Crypto Scammers Hiding Beneath Mask of NFT Developers Crypto scammers are trapping gullible investors by creating replica websites and social media accounts of real-life projects. Later they ask the users to connect their wallets, and siphon off the funds. FBI Report: Crypto Scammers Hiding Beneath Mask of NFT Developers

CoinspeakerUpbit Suspends CRV Trading after Curve Finance Exploit Upbit noted that CRV has experienced increased volatility. Upbit Suspends CRV Trading after Curve Finance Exploit