British Court Orders Binance to Identify and Freeze Hackers’ Accounts After a User Claims Funds Stolen – Exchanges Bitcoin News
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The crypto market has been rocked by the news of what might be the biggest DeFi hack in history. On August 10th, the exploitation on the Poly Network saw the hacker(s) make away with more than $600 million in crypto. A hack that shook the entire DeFi market to its
Read MoreFollowing a massive $600 million exploit of cross-chain protocol Poly Network, the Poly Network hacker has claimed his willingness to return the stolen cryptocurrency funds.At about 4:00 UTC on Wednesday, the hacker sent an Ethereum transaction to themselves, stating that they were “ready to return the fund” in an embedded
Read MoreUranium Finance, an automated market maker platform on the Binance Smart Chain, has reported a security incident that resulted in a loss of about $50 million.Tweeting on Wednesday, Uranium revealed that the exploit targeted its v2.1 token migration event and that the team was in contact with the Binance security
Read MoreSummary:2020 had the lowest amount of Bitcoin stolen through hacks and scamsA total of 4,366 BTC was stolen and publicly reportedThis is a 92% drop from 2019 and an all-time low of 0.02% of the total supplyBitcoin investors and traders are getting smarter in terms of securing their investmentA lower
Read MoreSince 2011, $7.6 billion worth of cryptocurrencies have been stolen, according to a new report from Amsterdam-based blockchain analytics firm Crystal Blockchain. The total figure breaks down into two sadly predictable buckets – hacks and scams. The report found that $2.8 billion was stolen through security breaches, the most popular breach being
Read MoreKuCoin cryptocurrency exchange has recovered the majority of funds lost in a $280 million hacking incident in September, a senior executive has said.Johnny Lyu, co-founder and CEO of KuCoin, announced on Nov. 11 that the exchange has now recovered 84% of stolen assets. Lyu said that the recovery process involved
Read MorePARSIQ team used their innovative technology to do a “snapshot” of the state of their token holders before the KuCoin hack.As the cryptocurrency industry grows immensely to global scale, the risk factors associated with black hat hackers is glaring at unsuspecting investors on a daily basis. However, thanks to an
Read MoreEterbase, a Slovakia-based crypto exchange, was recently the victim of a $5M hack. According to an update from Eterbase, some of these funds appear to have ended up on a number of popular exchanges, including Binance, Huobi Global, and HitBTC.Binance CEO's Changpeng Zhao, or CZ, seemed to support efforts to
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