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Cybersecurity Losses Surge to $2.1 Billion in 2024; WazirX Seeks Court Protection
- CeFi entities have experienced a nearly 1,000% increase in hacking incidents, including a $305 million breach at DMM Bitcoin, according to Cyvers.
- WazirX sought a six-month moratorium after a $234 million hack in July affecting 45% of customer funds.
Wednesday, 02/10/2024 | 08:17 GMT by
Tareq Sikder
CoinStats Hack: The $2 Million Crypto Heist that Left Traders Reeling
- Social engineering attack exposes vulnerabilities as CoinStats employee suspected.
- Blurr.eth lost 3,657 Maker (MKR) tokens, valued at $8.7 million at the time.
- Approximately 1,600 wallets were affected.
Monday, 01/07/2024 | 07:51 GMT by
Louis Parks
Are Crypto Cold Wallets Safe? Ledger Cites “Phishing Attack” behind the Hack
- The hardware crypto wallet manufacturer calls the attack an “isolated incident.”
- Hackers targeted a Javascript library used by DeFi platforms to connect with the hardware wallet.
Friday, 15/12/2023 | 06:57 GMT by
Arnab Shome
HTX's Troubles Continue: $258 Million Flows Out as Investors React to Cyberattack
- After the exploit on November 22, HTX halted services, suffering a loss of $30 million.
- Earlier, a hack resulted in the transfer of 4,999 Ether from a suspected Huobi hot wallet.
Monday, 11/12/2023 | 09:59 GMT by
Tareq Sikder
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