Tag: funds stolen
Chainlink Transporter to Bridge Assets Across Ethereum, Optimism, Base and More – Decrypt
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Crypto losses hit $67 million in February, pushing yearly losses to $200 million – Immunefi
Crypto industry losses amounted to $67 million in February over 12 incidents, with hacks accounting for 97.54% of funds stolen, according to Immunefi’s latest...
Vitalik Buterin Highlights Potential Use Case of AI On Ethereum
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Ethereum co-founder Vitalik Buterin has expressed his excitement about the potential of...
Crypto scams in 2024: A turn for the better or calm before the storm?
In January 2024 alone, cryptocurrency projects lost $127 million due to hacking and fraud – six times more than in January 2023 and three...
Hackers Drain $112M in XRP Tokens From Ripple Co-Founder’s Wallet – The Defiant
Ripple’s executive chairman, Chris Larsen, confirmed reports from blockchain analyst that XRP wallets had been raided.Malicious actors gained access to several of Ripple Co-Founder...
Unmasking Digital Threats: The Dual Threat of Anonymity in Cybersecurity Breaches and Financial Scam
The surge in cybersecurity breaches and financial scams presents a significant challenge and it is an ever-present danger in a sector that is increasingly...
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...
Investors lost 54.3% less crypto in 2023, Chainalysis says
Crypto funds stolen last year dropped 54.3% to US$1.7 billion, after a record-setting year in 2022, when US$3.7 billion were lost to hacks and...
Weekly Update #36
Weekly Update #36January 23, 2024CipherTraceMARK COLLINS & DEMETRIOS TSEASRegulatory:UNODC issues report, finds casinos, junkets and cryptocurrencyA cryptocurrency (or crypto currency) is a digital asset...
Over $80 Million Stolen in Orbit Chain Exploit, Assets ‘Remain Unmoved’ – Decrypt
Cross-chain bridge project Orbit Chain was hit by a "cyberattack" Monday, with over $80 million drained from its bridge.The project stated that following an...
Security Incident Report | Ledger
Date of the report: 2023-12-20 Date of the incident: 2023-12-14 Type of Incident Detected: Unauthorized Access & Malicious Code Executive Summary Ledger detected an...
Atomic Wallet Announces $1 Million Bug Bounty Program
The decentralized wallet firm plans to offer a million-dollar payout pool to those that identify bugs on its platform as it battles a...
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