Cryptocurrency Analysis and News Portal
Crypto.com has revealed that 483 user accounts were compromised in the recent hack that resulted in unauthorized withdrawals of about $34 million in cryptocurrencies, including bitcoin and ether. Nonetheless, the company stressed that customer funds were never at risk. Crypto.com’s Hack Postmortem and CEO’s Comments Crypto.com revealed Thursday the number of users
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The saga started earlier this week when Multichain instructed its users to remove approvals for six tokens, warning that otherwise their assets would be exposed to a security vulnerability. The tokens were WETH, PERI, OMT, WBNB, MATIC and AVAX. Multichain tweeted on Tuesday that hackers had siphoned about $1.4M in
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The latest in the industry is the hacking of Lympo, a sports NFT platform and a subsidiary of Animoca Brands. Through hot wallet hacking, the platform just lost about 165.2 million LMT tokens, equivalent to $18.7 million during the time of this hack. Cryptocurrency hacking, though not frequently experienced, remains of
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CityDAO, the experiment into decentralized land ownership, has fallen victim to a $95,000 hack by fraudsters on gaming instant messaging site Discord.An attacker hacked one of the project's admin accounts on Discord, according to the group's Twitter account."EMERGENCY NOTICE. A CityDAO Discord admin account has been hacked. THERE IS NO
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Day, however, argues that the hack was simple fraud. According to filings posted by Day and prepared in collaboration with the Canadian law firm Stockwoods, in addition to the Mareva injunction, Indexed developers are filing a class action suit arguing that the exploit was “civil fraud” and are seeking “rescission
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On Tuesday, Solana nonfungible token (NFT) project Monkey Kingdom, which has received notable backing from American DJ Steve Aoki, announced via Twitter that hackers made off with $1.3 million of the community's crypto funds through a security breach on Discord. According to its developers, the hack first occurred with the breach
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This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Limping out of 2021Last week we thought we had hit rock bottom for Chinese exchanges, as Bitmart was on
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“There are fundamental decisions here: Should there be restitution, step one. Step two, should it be immediate or over time? If immediate, what percentage? And if it’s over time, via what mechanic? Governance tokens, maybe a vault-type product that pays back over time versus interest generated … there’s a lot
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Play-to-earn NFT platform Vulcan Forged said on Tuesday it has refunded $140 million worth of PYR tokens to nearly all investors a day after the platform was hacked.The platform, which is built on the Polygon network, offers over six blockchain games, a decentralized exchange, as well as a non-fungible token
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The Twitter account of India Prime Minister Narendra Modi was briefly hacked early Sunday morning local time, the second such attack on an account linked to the PM in little over a year. While the account was restored quickly, the hacker had enough time to tweet, falsely, that India had
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