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Crypto Hacking Losses Halved in 2023: A Surprising Turn

Funds stolen by hackers from cryptocurrency platforms fell by over 50% in 2023 compared to the previous year. However, the number of individual hacking incidents rose, indicating...

Weekly Update #34

Weekly Update #34January 8, 2024CipherTraceMARK COLLINS & DEMETRIOS TSEASRegulatory:Four individuals charged for laundering millions from cryptocurrencyA cryptocurrency (or crypto currency) is a digital asset...

Gamma Strategies Response to the Security Breach

Gamma Strategies, responsible for managing liquidity on Ethereum’s blockchain, encountered a significant setback due to a security breach resulting in the loss of...

Crypto Losses in December Nears $100M With Orbit Chain Breach

Orbit Chain’s bridging service, Orbit Bridge, reported on December 31 at 8:52 pm UTC. $1.51 billion and $2 billion in total crypto losses occurred...

New Year, New Portfolio Goals

Happy 2024, Coinigy crew! It’s that time of the year again to make resolutions.Everyone swears they'll hit the gym, learn Mandarin, or finally master time...

Salus Web3 Security Report 2023: Key Findings Revealed

The Web3 security space saw a dramatic shift in 2023, exhibiting both advances in resilience and enduring difficulties. Cyberattacks against the Web3 sector resulted...

Lazarus Group Tied to 17% of $1.8B in 2023 Web3 Hacks

In 2023, the Web3 landscape experienced a setback, with $1.8 billion lost to hackers and fraudsters. A portion of these losses, about 17%, has...

Crypto Industry Sees Over 50% Drop in Hack Volumes in 2023, TRM Labs Reports

A TRM Labs research has revealed that the cryptocurrency industry witnessed a downturn in hack volumes in 2023, with a more than 50%...

Crypto Hack Volumes Slashed by 50% in 2023, Says TRM Labs – Fintech Singapore

There has been a significant drop in crypto hacks in 2023, with a more than 50% decrease compared to the previous year, according to...

Platypus Finance Hackers Cleared of All Charges on ‘Ethical Hacker’ Defense

The individuals accused of orchestrating the $8.5 million hack of Platypus Finance, an Automated Market Maker (AMM) protocol on Avalanche in February 2023,...

Investors Lost $686 Million Last Quarter to Hacks, Fraud: Immunefi – Decrypt

The last quarter was this year’s worst in terms of dollars lost to hacks and frauds, says a new report.Crypto investors lost $685.5 million...

Hacking Incidents Shake the Crypto World: How Bitcoin Stands Strong

The cryptocurrency landscape has captured the imagination of individuals and institutions all around the world, with its promise of decentralized finance and safe transactions. However, recent hacking...

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