Cryptocurrency Analysis and News Portal
HTX, formerly Huobi Global, suffered an estimated loss of $13.6 million as part of the $86.6 million HECO Chain bridge exploit on Nov. 22. According to a report by blockchain security firm Cyvers, the losses stem from three compromised hot wallets with users and exchange assets swapped for Ether and distributed to various Ethereum addresses
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Poloniex investor Justin Sun has confirmed the attack, saying the exchange “will fully reimburse the affected funds.” Crypto exchange Poloniex appears to be the latest trading platform to suffer a hack, resulting in a loss of more than $33 million worth of crypto. According to analysts at PeckShield, the hackers drained millions
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"We are currently investigating the Poloniex hack incident," Sun tweeted. "Poloniex maintains a healthy financial position and will fully reimburse the affected funds. Additionally, we are exploring opportunities for collaboration with other exchanges to facilitate the recovery of these funds." Source
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Australian crypto exchange CoinSpot has reportedly been hacked for $2.4 million in a “probable private key compromise” over at least one of its hot wallets.According to a Nov. 8 post to his Telegram channel, blockchain sleuth ZachXBT highlighted two transactions entering the alleged hackers wallet. Afterwards, the wallet’s owner bridged
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The Fantom Foundation, the developer of the Fantom network, has been hacked for over $550,000 worth of cryptocurrency. The foundation confirmed the attack on X, claiming that most of the funds stolen belonged to other users and that 99% of the foundation’s funds remain safe. The team is currently investigating
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I think one thing that EigenLayer did is by creating this new category, that validation, if I can borrow the Ethereum trust network to do new things: I can build a new layer 1, I can build a new like oracle network, I can build a new data availability system,
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Nearly $900,000 worth of crypto was reportedly drained from one of the hot wallets belonging to billionaire investor and Dallas Mavericks owner Mark Cuban.Independent blockchain sleuth @WazzCrypto was the first to spot the hack on Sept. 15 at around 8 PM UTC, after they highlighted suspicious behavior happening with one
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CoinEx, the Hong Kong-based cryptocurrency exchange, has become the subject of what it called a ‘security incident,’ with multiple suspicious transactions stemming from the platform’s Ethereum hot wallet. According to Cyvers Alerts, a hot wallet linked to the exchange continues to be drained of its contents. More than 27.8 million in losses Prior
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The crypto market is always in flux, with new narratives and trends emerging each week. Renowned crypto analyst Miles Deutscher recently took
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Telegram trading bots, which have been turning the messaging platform into a quasi-crypto marketplace, pose significant security risks for users and require further scrutiny, according to blockchain security firms.While such trading bots have existed for years, they've recently gained attention as crypto markets gain and associated bot tokens have gained
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