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Justin Sun Addresses HTX Customers After $8M Hack: ‘User Assets Are Sacred’
In a recent live broadcast, HTX exchange’s Justin Sun addressed the community following an $8 million hack. The talk, titled ‘Talk to Justin Sun about Crypto Safety Issues,’ emphasized the sanctity of…
US Authorities Seize Crypto Linked to Pig-Butchering Scam Held at Binance
U.S. authorities are seeking to recover cryptocurrencies linked to the popular pig-butchering crypto scam. “Law enforcement was able to trace cryptocurrency involved in the fraud and money laundering…
Security Engineer at Yuga Labs Under Investigation After Crypto Phishing Probe
Sam Curry, a security engineer at Yuga Labs, was at the center of a federal investigation conducted jointly by the Internal Revenue Service’s Criminal Investigation Division (IRS-CI) and the…
Report: hackers control over 90% of Mixin’s USDT holdings
Elliptic, a blockchain forensic firm, has disclosed that cyber-criminals responsible for the Mixin Network hack currently control more than 90% of the project’s USDT holdings. In a blog post on…
Web3 Lost Over $890 Million to Hacks and Scams in Q3 2023: Boesin
Beosin EagleEye platform, a subsidiary of Beosin, a blockchain security audit company, revealed in a research report that Web3 lost approximately $890 million to various security breaches, phishing…
Mixin Network announces $20M bug bounty to retrieve stolen assets
As invezz.com reported, Hong Kong-based crypto firm Mixing Network suffered a massive hack that saw it lose $200 million in assets. The security breach forced the platform to temporarily suspend…
There’s a Long Way Ahead to Make Crypto Safer: Hexens CEO
The cryptocurrency industry continues to evolve at a rapid pace, bringing with it a host of cybersecurity challenges. While almost all cryptocurrencies are secured by cryptography, which makes these…
Fentanyl ‘precursors’ made $32m in crypto last year, report says
Analysts at Elliptic estimate over 140 unique crypto addresses have been involved in the global fentanyl trade. Fentanyl precursor suppliers received over $32 million worth of crypto over the past few…
Have we learned anything from Curve Finance and DeFi’s susceptibility to attacks?
Curve Finance’s recent near-death experience (and its averted propagation) may seem like a blur in Web3’s rear-view mirror, but it’s actually something that keeps happening in the industry. It’s not…
Just-In: Russian Man Charged In Crypto Mining Fraud
Russian authorities in the Yaroslavl Region of Russia have registered a criminal case against a 42 year old man from Moscow accused of perpetrating eight cryptocurrency-related frauds after defrauding…