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.
The Department of Justice has charged 12 individuals involved in a $263 million cryptocurrency theft tied to Genesis Creditor. This extensive operation highlights growing concerns over security and regulatory oversight in the crypto industry.
In a shocking development, a base blockchain exploit resulted in a $1M theft, as reported by Cyvers Alerts. Stay tuned for updates on this alarming cybercrime incident.
CipherBlade, a blockchain and cryptocurrency analytics company, is facing a major crisis after founder Adam Trinity filed a legal complaint against the company’s new management. Trinity accuses them of theft and forgery.
Russian authorities have unveiled a possible connection to the massive $477 million FTX Heist. Evidence suggests the perpetrators are from a powerful Russian criminal organization operating worldwide.
FTX CEO Sam Bankman-Fried is facing allegations of a massive $10 billion theft from a group of prosecutors. Bankman-Fried issued a statement calling the case “baseless” and “without merit.” He also vowed to “vigorously fight” the charges.
The UK House of Lords has today overwhelmingly passed a bill allowing law enforcement to seize and confiscate crypto assets that are the proceeds of crime. The landmark vote represents the first step in tightening up legislation surrounding blockchain-related crimes.
In one of the largest cryptocurrencies exchanges hacks to date, CoinEx has had $70 million worth of Bitcoin stolen due to compromised private keys. Investors are left with significant losses, while the perpetrators remain unknown.
The co-founders of Gala Games, a blockchain-based gaming platform, are in a heated dispute over allegations of a $130M theft and corporate waste. Reports suggest the two have been unable to reach an agreement on how to proceed.