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KyberSwap suffers multichain exploit, resulting in $45m loss

The Kyber Network team has confirmed the incident, urging users to promptly withdraw their funds. Decentralized exchange protocol KyberSwap has allegedly suffered a hacker attack as more than $45 million worth of crypto has been drained from the project across multiple networks. 🚨Urgent🚨Dear KyberSwap Elastic Users,We regret to inform you that KyberSwap

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Poloniex exchange suffers $100M exploit, offers 5% bounty

A crypto wallet belonging to the digital asset exchange Poloniex has experienced suspicious outflows, as seen on blockchain explorer Etherscan. Blockchain security firms believe that the company was breached, leading to as much as $100 million in crypto being drained by the attackers.On Nov. 10, millions of crypto assets were

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Crypto exchange CoinSpot reportedly suffers $2M hot wallet hack

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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Norway’s Sovereign Wealth Fund Suffers $34B Loss in Q3 2023

As the largest sovereign wealth fund worldwide, the Norways’s Government Pension Fund Global boasts a robust portfolio across different sectors within the financial market.  Norway’s Government Pension Fund Global, created in the 1990s to manage surplus revenues from the country’s thriving oil and gas sector, faced significant hurdles in its third

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Nansen third-party vendor suffers security breach, user data affected

Prominent crypto and blockchain analytics company Nansen posted on social media platform X (formerly Twitter) that one of its third-party vendors suffered a security breach affecting 6.8% of its users.According to Nansen, the breach gave hackers access to admin rights for an account used to “provision customer access” to its

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