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HTX Restores Services after $30M Hack but Justin Sun’s Platform November Security Breaches Raise More Concerns

What has surprised many observers closely monitoring these illicit activities is the recurring association of these hacks with platforms connected to Justin Sun. The cryptocurrency trading platform HTX, formerly known as Huobi, which has ties to industry entrepreneur Justin Sun, regained functionality this week following a security breach resulting in

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Indexed Finance thwarts hijackers, set to compensate 2021 hack victims

Indexed Finance, an Ethereum-based project that suffered a $16 million hack in 2021, has successfully thwarted two hijacking attempts. Control of the project’s decentralized autonomous organization (DAO) will be returned to its founders, who aim to allocate the remaining treasury to victims of the 2021 hack.In a thread on X

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Nigerian police arrest politician linked to crypto hack

Nigerian authorities arrested Amb. Wilfred Bonse, a Nigerian politician, for alleged theft and money laundering in connection to a breach suffered by cryptocurrency trading company Patricia Technologies Ltd.  According to ACP Olumuyiwa Adejobi, a public relations officer with the Nigerian Police Force (NPF), the arrest was made following the force’s investigation

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