Binance user protection insurance fund reaches $1B valuation
Binance, the world’s leading crypto exchange by trading volume, announced its Secure Asset Fund for Users (SAFU) reached a $1 billion valuation.The user protection insurance fund was set up...
$2.5B in stolen BTC from Bitfinex hack awakens
A chunk of the inactive Bitcoins (BTC) stolen in the 2016 Bitfinex exchange hack has moved from the hacker’s wallets to an unknown wallet on Tuesday, as detected by...
Etherescan adds new messaging feature for anons: ‘Blockscan Chat’
The team behind the popular blockchain explorer and analytics platform Etherscan has launched an Ethereum-based wallet-to-wallet instant messaging service dubbed “Blockscan Chat.” Blockscan is currently in beta testing mode,...
Crypto exchange’s Twitter gets hacked by ‘disgruntled employee’
The Twitter account of the Russian crypto exchange Latoken seems to have been breached by a hacker who started posting allegations that the exchange is a scam. According to...
Coin Bureau Youtube channel hacked despite 2FA protection
Coin Bureau, a popular information portal for cryptocurrency developments with over 600,000 followers on Twitter, experienced a security breach on its Youtube channel on Monday. Hackers allegedly uploaded a...
‘Less sophisticated’ malware is stealing millions: Chainalysis
Cryptojacking accounted for 73% of the total value received by malware related addresses between 2017 and 2021, according to a new malware report from blockchain analysis firm Chainalysis.Malware is...
Crypto.com shares details on security breach: 483 accounts compromised
The Crypto.com security breach saga gets clarity with an official statement from the Singapore-based crypto exchange following a halt on withdrawals after detecting “suspicious activities” in user accounts.In a statement on Thursday,...
Multichain asks users to revoke approvals amid ‘critical vulnerability’
Cross-chain router protocol Multichain (formerly Anyswap) urges users to revoke approvals for six tokens to avoid loss due to a “critical vulnerability” that is currently being exploited by malicious...
Animoca Brands’ Lympo NFT platform hacked for $18.7 million
Sports nonfungible token (NFT) minting platform and Animoca Brands subsidiary Lympo suffered a hot wallet security breach and lost 165.2 million LMT tokens worth $18.7 million at the time...
LCX loses $6.8M in a hot wallet compromise over Ethereum blockchain
Liechtenstein-based crypto exchange LCX has confirmed the compromise of one of its hot wallets after temporarily suspending all deposits and withdrawals on the platform. The hack was first identified by...
