Thursday, November 21, 2019
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Vietnam-Based Crypto Exchange VinDAX Loses at Least $500K to Hack

VinDAX, a Vietnam-based crypto exchange, became the target of a sophisticated hacking attack that saw it loses $500,000 (and perhaps more) in digital assets, the company acknowledged on its Telegram group. The attacker(s) stole 23 digital assets, most of which belonged to the customers and investors of VinDAX.Although VinDAX is

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US Attorney’s Office Indicts Two Suspects in EtherDelta Hack

The United States attorney's office for the Northern District of California has indicted two suspects — Elliot Gunton and Anthony Tyler Nashatka — for hacking EtherDelta, a non-custodial marketplace for trading Ethereum (ETH) ERC-20 tokens, in December 2017.According to the documents originally filed on Aug. 13, Ganton and Nashatka

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Russian ZP Legal Claims They Can Recover Mt. Gox’s $2 Billion Lost in Bitcoin Hack

Russian law firm Zheleznikov and Partners has proposed a way to recover up to 200,000 Bitcoin stolen from Mt. Gox exchange. They want to take legal action against Russian nationals who received the stolen money.Moscow-based law firm Zheleznikov and Partners (ZP Legal) claims has put forward a proposal on how

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Bitpoint Taiwan Sues Parent Exchange for Overbilling After July Hack

 The Taiwan-based subsidiary of hacked crypto exchange Bitpoint Japan will file a $9.4 million damages suit as it claims to have been overbilled by the parent exchange.Overbilling is ‘clearly’ erroneousBitpoint Taiwan reportedly found that total funds it collected from local clients have been short by 500 million yen ($4.7

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Bitpoint Hack Shows That Regulators’ Scrutiny Does Not Equal Safety

On July 12, 2019, Tokyo-headquartered cryptocurrency exchange Bitpoint promptly suspended its services after noticing an error in the outgoing funds transfer system. Soon, an official announcement followed, revealing that the trading platform had lost around 3.5 billion yen (roughly $32 million) as a result of a security breach. The

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