On 17 January, cryptocurrency exchange FTX revealed in a report to creditors that a significant amount of funds, estimated at $415 million, were stolen in a series of hacks. The company stated…
Tag: million
Genesis Brokers Owes $900 Million to Gemini
The FTX collapse has left Genesis brokers in heavy debt, another example of the spreading contagion from the exchange collapse. According to a report by newspaper the Financial Times, the crypto broker…
1.3 Million in Line for New Coinbase NFT Platform
The newly announced Coinbase NFT platform already has more than 1.35 million people on the waiting list. Coinbase Global Inc., a popular and heavily used ‘gateway’ for new investors making their first…
Crypto hacker returns 70% of $23 million to Transit Swap
How crypto hack succeeded Funds went missing from Transit Swap after a hacker exploited an internal bug on a swap contract on October 1 2022. The cross-chain DEX (decentralized exchange) aggregator prompted…
Wintermute victim of $160 million scam
Comments about theft from Wintermute CEO According to a series of tweets by Wintermute’s founder and CEO, Evgeny Gaevoy, the attack allegedly targeted the company’s decentralised financing (DeFi) operations. Gaevoy promised clients…
Uniswap News: Phishing attack stole $4.7 million
Originally the hack was perceived as an exploit of the new Uniswap v3 protocol but it was soon realized that this is was sophisticated phishing campaign targeting Uniswap v3 protocol liquidity providers…
Cudos funding round secured over £10 million
One of the leading decentralised cloud computing networks, Cudos, concluded its series of funding rounds. In this successful series, Cudos funding hit the £10 million mark. Initially, the firm raised around £2…
Nomad offers 10% bounty of crypto $190 million hack
According to a Nomad crypto statement, anyone who returns at least 90% of stolen tokens would be considered a white-hat hacker who tries to expose weaknesses rather than making harmful profits. The…
Cyberattack on Solana wallets drained $8 million
Solana wallets are experiencing a severe cyberattack that has nearly drained $8 million. A leading SOL-based NFT marketplace, Magic Eden has sent an alert to its users to cancel permission for dubious…
DNB fined Binance 3.3 million euros
Binance is one of the world’s major cryptocurrency exchanges. However, the firm has received criticism from authorities due to lack of necessary permissions. The latest Binance news covers the exchange platform being…
Uniswap News: Phishing attack results in theft of over $4.7 million
Originally the hack was perceived as an exploit of the new Uniswap v3 protocol but it was soon realized that this is was sophisticated phishing campaign targeting Uniswap v3 protocol liquidity providers…