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CryptoCurrency

$1.58 Billion in Crypto Vanishes in Just 8 Months

  • This value is almost equal to the theft statistics for 2023, Chainalysis report states.
  • Bitcoin price surge fueled an 80% jump in average crypto heist value.
Wednesday, 21/08/2024 | 08:22 GMT by Damian Chmiel
CryptoCurrency

Crypto Theft Resurges: Losses to Hackers and Fraudsters Soar 112% in Q2

  • The latest data reveals that centralized exchanges were the primary targets, reversing a previous trend of declining losses.
  • Hacks were the primary cause of losses, accounting for $564,238,811 from 53 incidents, a 155% increase from the previous year.
Thursday, 27/06/2024 | 15:52 GMT by Jared Kirui
CryptoCurrency

Crypto Hacking Losses Halved in 2023: A Surprising Turn

  • The figure dropped to around $1.7 billion, yet hacking incidents increased.
  • A decrease in DeFi thefts was key to falling crypto hack losses.
Sunday, 28/01/2024 | 09:51 GMT by Damian Chmiel
CryptoCurrency

North Korean Hackers Break Records with $1 Billion Cryptocurrency Theft

  • Hackers carried out a record-breaking 20 attacks, the highest since 2016.
  • $428.8 million was stolen from DeFi platforms, marking a decrease from previous years.
Thursday, 25/01/2024 | 10:42 GMT by Tareq Sikder
CryptoCurrency

Justin Sun's Poloniex Loses over $100M in Hot Wallet Hack

  • The security issue has prompted Poloniex to disable its wallet for maintenance.
  • Sun confirmed the hack, offering a "white hat bounty".
Friday, 10/11/2023 | 15:02 GMT by Jared Kirui
CryptoCurrency

Swedish Financial Regulator Signals Surge in Bitcoin Fraud during Q3

  • The FSA has flagged 1,216 fraudulent firms targeting Bitcoin investors.
  • The regulator reported a surge in fraudulent loan offers through dubious websites.
Friday, 20/10/2023 | 13:40 GMT by Jared Kirui
CryptoCurrency

Hong Kong’s Crypto Firm Hit by Unprecedented $200 Million Cyber Heist

  • Mixin Network allegedly lost the funds through its cloud service provider.
  • The platform has temporarily halted withdrawals to contain the situation.
Monday, 25/09/2023 | 21:47 GMT by Jared Kirui
CryptoCurrency

Huobi Global's HTX Hit by $7.9 Million Crypto Heist, Offers Hacker "White-Hat Deal"

  • The exchange claims to have identified the hacker.
  • The security incident followed Huobi's recent rebranding to HTX.
Monday, 25/09/2023 | 16:58 GMT by Jared Kirui
CryptoCurrency

CoinEx Makes a Comeback: Deposits and Withdrawals to Resume Following $70M Hack

  • The exchange will gradually resume deposit and withdrawal services for 190 cryptocurrencies.
  • Users have been urged not to use old deposit addresses to avoid losses.
Friday, 22/09/2023 | 15:22 GMT by Jared Kirui
CryptoCurrency

Crypto Crime Unveiled: More than $20 Billion Lost to Rug Pulls and Scams

  • Crypto scams and rug pulls surged from 10 in 2017 to 364 in 2022.
  • Ponzi schemes and insider jobs are on the rise within the landscape of crypto fraud.
Monday, 28/08/2023 | 08:09 GMT by Jared Kirui
CryptoCurrency

Hacking Incidents Shake the Crypto World: How Bitcoin Stands Strong

  • Are cyberattacks on the rise?
Friday, 25/08/2023 | 14:31 GMT by Pedro Ferreira
CryptoCurrency

Curve Finance Recovers over 70% of Hacked Funds: Report

  • The DeFi platform has recovered about USD $53 million.
  • All the tokens stolen from AlchemixFi have reportedly been recouped.
Monday, 07/08/2023 | 11:13 GMT by Jared Kirui
CryptoCurrency

Crypto Hacks and Exploits Peak Year-to-Date in July: Report

  • Hackers stole more than USD $300 million in July.
  • The latest incident is an exploit on Curve Finance.
Monday, 31/07/2023 | 17:19 GMT by Jared Kirui
CryptoCurrency

2016 Crypto Hack: Bitfinex Gets $312K in Latest Recovery from US

  • BTCs stolen from the hack are currently worth $3.7 billion.
  • OCCRP recently said Bitfinex hid a report that flagged its security flaws for the hack.
Thursday, 06/07/2023 | 21:52 GMT by Solomon Oladipupo
CryptoCurrency

Crypto Hacks and Exploits Decline to $300M in Q2: Report

  • Hackers stole about $313 million in the period.
  • The figures compare to $745 million lost in the same period last year.
Wednesday, 05/07/2023 | 16:16 GMT by Jared Kirui
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