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In a joint statement, the U.S., Japan, and South Korea highlight the growing threat posed by North Korean cyber actors to the global crypto sector. The United States, Japan, and South Korea have warned the blockchain industry about North Korean…
News
Decentralized finance protocol UniLend Finance has reportedly been exploited on Ethereum, leading to a loss of roughly $197,000 worth of assets. On Jan. 12, real-time web3 security startup TenArmorAlert reported that an attacker exploited UniLend’s “redeem process” by manipulating a…
USDC
USDC
STETH
Lido Staked Ether
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Mango Markets, the Solana-based DeFi platform that fell victim to a $117 million exploit in 2022, has announced its complete shutdown. The platform’s governance proposal has received unanimous approval, with 23,347,212 votes supporting the closure. The platform has set January…
SOL
Solana
News
CrowdStrike has warned of a new phishing campaign that mimics its recruitment process to deliver the Monero miner via a fake application download. Global cybersecurity provider CrowdStrike has identified a phishing campaign exploiting its recruitment emails to distribute a malicious…
XMR
Monero
News
Crypto investors faced a tough 2024 as hacks and scams exploited weaknesses, costing billions in losses. Crypto-related hacks and scams cost the industry $3.01 billion in 2024, reflecting a 15% rise from $2.61 billion in 2023, according to data published…
Opinion
I firmly believe the future of our industry will be determined by trust, starting with our ability to protect the assets our peers entrust us with.
News
Arbitrum-based Orange Finance has lost $840,000 after hackers upgraded its contracts and drained funds. Orange Finance, a liquidity management protocol on the Arbitrum network, has been hacked, with losses totaling over $840,000. The team broke the news in an X…
News
CoinSwitch has announced a $70 million recovery program, “CoinSwitch Cares,” aimed at helping WazirX users recover losses from a July 2024 cyberattack. The two-year initiative, seeks to restore confidence in India’s crypto ecosystem by providing financial relief to affected individuals.…
News
Cyprus authorities have urged investors to be cautious after a local lost $58,000 in a cryptocurrency scam that promised lucrative returns. According to a Knews report, the Limassol Criminal Investigation Department is currently investigating a fake crypto trading platform that…
News
In December 2024, more than 25 hacks in the crypto industry led to approximately $24.7 million in losses, marking a 71% decline compared to November. December 2024 witnessed over 25 crypto hacks, resulting in a total loss of $24.69 million,…
News
Former German Finance Minister Christian Lindner has advocated for including cryptocurrencies like Bitcoin in the European Central Bank and Bundesbank reserves to strengthen financial resilience and keep pace with global trends. According to the German media outlet Handelsblatt, Lindner pointed…
News
In 2024, "pig butchering" scams were the biggest danger to crypto users, costing $3.6 billion, according to Cyvers, a Web3 security company.
News
The Financial Services Agency has released its 2024 monitoring report, urging better internal audits and closer scrutiny of crypto exchanges. Japan’s financial regulator has called for stronger internal audits across the entire financial sector, highlighting the need for better oversight,…
News
South Korea has imposed new sanctions on North Korean hackers responsible for stealing over $1 billion in crypto, with the illicit funds fueling the regime’s weapons programs. The South Korean government has announced sanctions on the 313 Bureau, a North…
News
Animoca Brands has issued a public notice regarding co-founder Yat Siu's social media account being compromised.
SOL
Solana
News
Crypto hacks in 2024 caused nearly $3 billion in damages, with access control flaws driving 78% of the losses, data shows. 2024 proved to be another challenging year for blockchain security, with nearly $3 billion lost to crypto hacks, according…
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