Nigerian politician, X, has been arrested and taken into custody following investigations about an alleged crypto exchange security breach. X is accused of having misused credentials to gain access and take funds illegally from the exchange.
The tech giant GMX was hit with a large financial penalty due to an exposed security flaw that left hundreds of accounts vulnerable to malicious hackers. GMX took immediate action to rectify the issue and protect its customers, but the hefty price has now been paid.
FTX has indefinitely suspended multiple user accounts due to concerns of unauthorized access following the recent Kroll cyber breach. No further details have been provided about the affected accounts.
Computer security firm Kroll has confirmed that a data breach has occurred, impacting cryptocurrency exchange FTX. User information, including name, date of birth and address, has been compromised in the breach.
Friend.tech has released a statement denying data breach rumours, citing strong API security measures to protect user data. The company has promised regular API updates to ensure user security remains uncompromised.
DeFi lending platform, Optimism Finance, has suffered a $7M attack resulting in the collapse of yet another crypto bridge. Users are warned to be cautious as their funds may be at risk.