The CrediX Finance team has reportedly vanished following a significant hack estimated to have cost $4.5 million. This incident raises concerns over security protocols in decentralized finance, prompting calls for increased oversight in the sector.
In a shocking breach, the BigONE exchange lost $27 million in a hack, with no private keys exposed. Investigators suggest sophisticated methods were employed, raising concerns over security measures in cryptocurrency platforms and user safety.
In response to a recent $44 million hack, CoinDCX has launched a white hat recovery bounty program, offering rewards for information leading to the retrieval of stolen funds. This initiative aims to fortify security measures and regain user trust.
The recent $400 million breach at Coinbase serves as a stark reminder of the vulnerabilities within the crypto landscape. As the industry matures, this incident highlights the urgent need for enhanced security measures and regulatory oversight to protect users.
Solana’s Loopscale has temporarily halted its lending services following a significant security breach that resulted in a loss of approximately $5.8 million. The incident underscores the vulnerabilities within decentralized finance platforms, prompting calls for enhanced security measures.
1inch, a decentralized exchange aggregator, has suffered a significant setback, losing $5 million to a hack attributed to vulnerabilities in its smart contracts. The incident underscores the ongoing security challenges faced by DeFi platforms in the crypto space.
In light of the recent Bybit hack, Dfinity founder highlighted the critical role of secure on-chain user interfaces in preventing such breaches. He argues that robust security measures are essential for safeguarding digital assets and ensuring user trust in cryptocurrency platforms.
It was reported today that a cyberattack against an Avalanche-based social network resulted in the theft of over $3 million worth of AVAX tokens. The attack came shortly after the network’s launch and left users in a state of shock.
On June 25th, the Mixin Network experienced a major security breach resulting in the theft of over $200M worth of cryptocurrency. The incident has sparked debate and criticism amongst the crypto community regarding the safety of digital assets.
In a stunning setback for the blockchain-based payment network, Mixin Network has reportedly lost nearly $200 million due to a major hack. This is one of the biggest losses to occur in the crypto space to date.