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How HashEx is developing new auditing methods to outsmart hackers, as told by founder Dmitry Mishunin

As the cryptocurrency market has grown, so too have the number of bad actors looking to exploit vulnerable decentralized finance, or DeFi, protocols, and projects for their own gain. Earlier this month, the Ethereum-Solana Wormhole token bridge suffered the biggest hack of 2022, with $321 million lost due to a

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Ransomware Payments Are Getting Bigger as Hackers Shift Focus to Larger Targets: Chainalysis

Chainalysis’ data shows the average ransomware payment size last year reached $118,000 in cryptocurrency, up from $88,000 in 2020, according to a report published Thursday. In 2019, the average ransomware payment was only $25,000. Kim Grauer, Chainalysis’ head of research, attributes this jump to the growing sophistication of ransomware groups. Original

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Crypto.com Says Hackers Stole Nearly $34M From Users

Cryptocurrency exchange Crypto.com said that hackers stole nearly $34 million during the Jan. 17 hack.The Singapore-based exchange, in an update on Thursday, acknowledged that unauthorized withdrawals totalled 4836.26 ether ($15.2 million), 443.93 bitcoin ($18.7 million) and $66,200 in U.S. dollars.On-chain data from PeckShield had previously suggested that 4,600 ether had

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Crypto.com Restores Withdrawals After Reportedly Losing $15m To Hackers

Crypto.com, the popular cryptocurrency exchange platform, halted all deposits and withdrawals on Monday, January 11, citing “unauthorized activity” on some accounts. It has, however, reinstated some accounts and withdrawal services, noting that the accounts are now safe. News From Yesterday According to security and data analytics firm PeckShield, Crypto.com has been the

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North Korean Hackers Stole $400 Million in Cryptocurrency Last Year — Ether Accounts for 58% of Stolen Funds – News Bitcoin News

North Korean hackers stole cryptocurrency worth about $400 million last year in at least seven major attacks on crypto platforms. “Only 20% of the stolen funds were bitcoin … And for the first time ever, ether accounted for a majority of the funds stolen at 58%,” said blockchain data analytics

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