Thursday, November 21, 2024
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Operations resume on HTX after suspicious transfers lead to $100m combined exploit

On Nov. 22, the cryptocurrency exchange linked to Justin Sun HTX (formerly Huobi) commented on a recent attack on the platform resulting in the multi-million dollar loss. Earlier this week, reports surfaced that HTX and the HECO network were hacked by unknown persons who withdrew assets worth a combined $110

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HECO Chain bridge compromised over $86.6M sent to suspicious addresses

Data shared by blockchain security platform PeckShield shows that more than $86.6 million in digital assets were transferred from the HECO Chain bridge to suspicious addresses. The security firm suggests that the bridge is compromised and an exploit is ongoing. In response to the incident, Tron founder Justin Sun announced that

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Atomic Wallet freezes $2M in ‘suspicious deposits’ on exchanges

Hacked cryptocurrency wallet Atomic Wallet has frozen $2 million in “suspicious deposits” in a joint effort with major crypto exchanges.Announcing the news to Cryptox on Oct. 19, Atomic Wallet said that blockchain intelligence firms Chainalysis and Crystal have assisted the wallet firm in identifying and containing the threat.Citing reports from

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Hong Kong plans to flag suspicious crypto platforms amid JPEX scandal

The Securities and Futures Commission (SFC) of Hong Kong is intensifying the fight against unregulated cryptocurrency platforms in its region amid the JPEX crypto exchange scandal. In a statement, the regulator notes that it is planning to provide a list of all virtual asset trading platforms (VATPs) that are licensed, considered

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South Korea Lawmaker Kim Nam-kuk Investigated by Prosecutors Over Suspicious Crypto Transfers: Report

Rep. Kim Nam-kuk of the Democratic Party of Korea allegedly withdrew 800,000 WEMIX tokens from late February to early March in 2022, and the transactions were reported to the Financial Services Commission's Financial Intelligence Unit (FIU), according to CryptoX Korea. Kim's WEMIX holdings stood at 6 billion won ($4.5 million)

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Celsius creditors demand transparency on ‘suspicious’ FTX transactions

Celsius creditors claim that some FTX users have engaged in suspicious trades that may have manipulated the price of the Celsius (CEL) token in 2022. The creditors are seeking the help of a bankruptcy judge to unmask the users in question.Represented by a committee, creditors of Celsius Network have requested

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