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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...

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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...

Canadian Crypto Exchange Catalyx Pauses Withdrawal And Deposit Services After Token Hack

Advertisement &nbsp &nbsp Canadian crypto exchange Catalyx has stopped accepting withdrawals and halted all trading activities on its platform after a security issue resulted...

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...

Crypto Industry Plagued by $363 Million Losses in November 2023 — Is Your Crypto Safe?

Advertisement &nbsp &nbsp November 2023 has etched its name as the grimmest chapter in the crypto industry this year, witnessing a staggering $363 million...

The Crypto Roundup: 01 December 2023 | CryptoCompare.com

Nasdaq-listed business intelligence company MicroStrategy Inc. (NASDAQ: MSTR) significantly increased the size of its Bitcoin portfolio in November, purchasing an additional 16,130...

DeFi Platform Raft Compromised, Loses $3.3 Million in Ether

A massive security breach recently occurred on the DeFi platform known as Raft, which resulted in the theft of around $3.3 million worth of...

HTX Hacker Returns Stolen Ether, Rewarded with Bounty

Huobi Global's cryptocurrency exchange HTX encountered a significant security breach on September 25, when one of its hot wallets was compromised and drained of...

Huobi hacker returns 4997 ETH stolen via hot wallet breach, receives $400k bounty

In a surprising turn of events, the hacker responsible for stealing a large sum of Ethereum from HTX Global, formerly Huobi, has refunded...

Hacker Restores Entire $8.2 Million Worth Stolen ETH to HTX Global

Exchange News HTX Global received a total of 4,999 Ether (ETH) worth $8.2 million in refunds. Earlier, the Huobi hot wallet...

Avalanche-Based Stars Arena Falls Victim To A $3 Million Exploit

Stars Arena, a decentralized social media platform built on the Avalanche network, has suffered a major security breach, resulting in the loss of a...

September sets 2023 exploit record, and DAOs can democratize science: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments...

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