Tag Archives: hack

Cryptopia liquidators distribute $400M to victims of 2019 hack. Ongoing distributions are planned for verified users in the New Year. The liquidators of the bankrupt Cryptopia exchange have reached a significant milestone in their ongoing liquidation process. More than 10,000 verified account holders have now received their first cryptocurrency distributions over the past two days. It is part of an effort to return assets to those who have been affected by the Cryptopia 2019 hack. In just...

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

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Three years ago, the world watched in horror as one of the most prominent crypto scams to ever occur on Twitter unfolded before their very eyes. Man Faces Prison for Twitter Crypto Hack in 2020 Many high-profile accounts – including those of Bill Gates, Elon Musk, and former president Barack Obama – were hacked...

The decentralized lending platform was exploited in a March 13 flash loan attack, causing it to lose $197 million worth of crypto assets. In the late hours of Monday, the Euler Finance hacker finally returned the outstanding sum of $31 million, bringing the recovery efforts to a conclusive end. The decentralized lending platform was exploited in a March 13 flash loan attack, causing it to lose $197 million worth of crypto assets. And shortly after the hack, Euler Finance offered the...

It’s happened again, folks. Another crypto hack is in the books. This time, the victim is alleged to be BTC.com, one of the biggest crypto mining pools in the world. BTC.com Hacked; A Lot of Money Gone The mining pool is believed to have lost as much as $3 million at the time of writing, which on paper, doesn’t appear as big as some of the other major hacks and scams that have occurred within the confines of the crypto space in recent years. However, it’s still another...

It’s happened again, folks. Another digital currency hack is in the books. This time, the victim is Deribit, a cryptocurrency exchange based in the Central American nation of Panama. Deribit Has Lost a Lot of Money At the time of writing, as much as $28 million in crypto assets have been stolen. The exchange confirmed the incident in a tweet a few weeks ago, claiming that it’s BTC, ETH, and USDC hot wallets had been compromised by malicious actors and inherently drained of the units they...

Earlier in the year, the Justice Department announced it had seized billions in crypto funds from a heist that occurred in 2016. Many customers of Bitfinex had their money stolen during that heist, and they learned that approximately $70 million of the recovered funds were likely theirs. Funds Stolen from Bitfinex Have Not Yet Been Returned One such victim – Frankie Cavazos – said he lost about 15 BTC units from the 2016 attack. Upon hearing that his money had been...

Hackers recently took over the Twitter account of popular digital currency exchange Gate.io and initiated a fake Tether giveaway to try and get people to send in their money – money they would have never seen again if they had fallen for the trick. The Twitter Account of Gate.io Has Been Hacked One of the first things the hackers did was manipulate the Twitter feed for the company and change things from Gate.io to Gate.com. This is a common tactic many hackers utilize to...

It’s happened again, folks. Another hack is in the books. This time, the victim is Mango Markets, a trading platform situated atop the Solana blockchain. At the time of writing, it appears as much as $116 million has been stolen through what’s known as a “flash loan” attack. Mango Markets Loses More Than $100 Million This kind of attack happens in a decentralized setting. A hacker or cyberthief takes out a flash loan and then manipulates crypto prices on a single...

It’s happened again, folks. Another hack is in the books, but this one was not only large, but also unexpected. The victim this time around is Binance, the largest and most powerful digital currency trading platform in the world. Binance Has Lost a Lot of Money At the time of writing, the exchange has lost more than $600 million in a cyberattack. All the funds in question were in BNB, which stands for Binance Coin. It is the exchange’s native token. The exchange reported...