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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
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South Korea’s largest exchange, Upbit, suffered 159,061 attacks during the first half of 2023. According to the local media Yonhap, it is nearly 2.17 times more than in 2022. To fight back against the increasing trends of hacking attacks, the company increased the portion of funds it held in cold wallets by
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Estonia-based cryptocurrency payments firm CoinsPaid suspects North Korean hackers with the Lazarus Group gained access to its systems through fake recruiters targeting employees.In an Aug. 7 blog post, CoinsPaid said an exploit that allowed hackers to steal more than $37 million on July 22 was the result of tricking one
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Ilya Lichtenstein, a resident of New York, has confessed to his involvement in the laundering of stolen Bitcoin worth $4.5 billion that was taken during the 2016 Bitfinex hack. This is a significant development as the hacker’s
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One half of the couple alleged to have laundered billions of dollars worth of cryptocurrency has reportedly admitted he was behind the 2016 Bitfinex hack.According to an Aug. 3 CNBC report, Ilya Lichtenstein told a U.S. court he was the individual behind an exploit of cryptocurrency exchange Bitfinex in 2016
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Last month, Powell sued Verge in California Superior Court, claiming that has "owns and has rightful access" to the email accounts and that he remains a Verge board member, Fox said. A lawyer for Verge said the Powell's claims were unfounded, The Times reported. At the time of publication, Verge
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The U.S. Department of Justice has charged two Russian nationals for hacking Mt Gox and laundering the stolen crypto. The two Russians have been accused of stealing some 647,000 BTC between 2011 and 2014. The Russians are facing two charges, conspiracy to commit money laundering and operating an unlicensed money service business. If
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied As artificial intelligence (AI) continues to evolve, its potential to replace human jobs has become a topic of concern. One such area is smart contract auditing. A recent experiment conducted by OpenZeppelin, a leading blockchain security
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Japan is the biggest loser of cryptocurrency to North Korean hackers, according to a study by blockchain analyst Elliptic. Asian countries make up three of the four top targets for the so-called Hermit Kingdom’s hackers, Elliptic found.The study, commissioned and reported on by Japanese financial publication Nikkei, looked at losses
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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a
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