SUI Network unveils $10M security plan after Cetus hack - Details

Sui commits $10M to audits, bug bounties, and developer tools after Cetus exploit Governance vote and price drop spark decentralization debate, but recovery signs emerge in TVL and metrics IThe post SUI Network unveils $10M security plan after Cetus hack - Details appeared first on AMBCrypto.

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$220M stolen in minutes, $6M bounty offered - Cetus’ recovery plan explained

Cetus' $220 million hack prompted swift action, freezing $162 million and offering a $6 million bounty for recovery. Cetus battled recovery challenges, offering rewards and seeking community suThe post $220M stolen in minutes, $6M bounty offered - Cetus’ recovery plan explained appeared first on AMBCrypto.

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Sui Foundation stays neutral as $162m hack recovery goes to vote

Cetus has formally requested Sui community approval for a protocol upgrade that would return the locked funds without reversing transaction history.

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Bybit Bounces Back: Kaiko Validates Fast Liquidity Recovery Post-$1.5B Hack

Dubai, UAE, 7th May 2025, Chainwire

The post Bybit Bounces Back: Kaiko Validates Fast Liquidity Recovery Post-$1.5B Hack appeared first on CaptainAltcoin.

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Ethereum (ETH) Remains Under Pressure Despite Bybit’s Recovery

Ethereum's price remains under pressure following the Bybit hack, with bearish indicators and resistance at $2,900 dampening recovery hopes. The post Ethereum (ETH) Remains Under Pressure Despite Bybit’s Recovery appeared first on BeInCrypto.

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Bybit's ETH reserves rebound past 200K—Is the crisis over?

Ethereum exchange reserve chart for Bybit revealed a sharp drop following the 21st February 2025 hack. Nearly 48 hours after the Ethereum theft on Bybit, signs of recovery have emergedThe post Bybit's ETH reserves rebound past 200K—Is the crisis over? appeared first on AMBCrypto.

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Bybit hack fallout could boost Ethereum price, says Bitfinex analysts

Crypto’s largest hack ever could paint a silver lining for Ethereum’s price as Bybit inches toward recovery, Bitfinex analysts wrote.

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Mantle (MNT) Drops 10% After Bybit Hack Shakes Investor Confidence

Mantle (MNT) is struggling after a Bybit hack triggered panic selling. Despite signs of recovery, bearish indicators persist. The post Mantle (MNT) Drops 10% After Bybit Hack Shakes Investor Confidence appeared first on BeInCrypto.

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WazirX Offers 85% of Stolen User Funds as Rebalancing Ends

Fund distribution will begin if creditors approve the plan, bringing partial money recovery for victims of the $230 million hack that hit the Indian crypto exchange in July.

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WazirX hack victims must vote on recovery plan or face years of uncertainty

If the restructuring plan is not approved users might have to wait until 2030.

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Indian crypto platform WazirX freezes $3M to aid recovery from $230M hack

Indian crypto exchange WazirX has frozen $3 million in USDT as part of efforts to recover funds stolen during a $230 million hack in July 2024. The platform confirmed this progress in a Jan. 17 update on X, saying this move showcases its determination to safeguard user funds and rebuild trust after the breach.

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US DOJ to return $9B in recovered Bitcoin from 2016 hack to Bitfinex

The US Department of Justice (DOJ) has declared that the over $9 billion recovered Bitcoin, stolen during the notorious 2016 Bitfinex hack, should be returned directly to the exchange. This decision comes after a complex investigation that led to the recovery of assets once thought irretrievable.

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Bitfinex is Getting Back its $9 Billion in Bitcoin Stolen in the 2016 Hack

Bitfinex will recover $9 billion in bitcoin from the 2016 hack. Restitution and recovery plans include repurchasing UNUS SED LEO tokens. The post Bitfinex is Getting Back its $9 Billion in Bitcoin Stolen in the 2016 Hack appeared first on BeInCrypto.

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US government says Bitcoin seized from 2016 hack should be returned to Bitfinex

The restitution of seized Bitcoin to Bitfinex highlights the complexities of asset recovery and the evolving legal landscape in cryptocurrency crimes. The post US government says Bitcoin seized from 2016 hack should be returned to Bitfinex appeared first on Crypto Briefing.

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US government says 120,000 Bitcoin seized from 2016 hack should be returned to Bitfinex

The restitution of seized Bitcoin to Bitfinex highlights the complexities of asset recovery and the evolving legal landscape in cryptocurrency crimes. The post US government says 120,000 Bitcoin seized from 2016 hack should be returned to Bitfinex appeared first on Crypto Briefing.

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WazirX hack victims to receive aid from new CoinSwitch fund

CoinSwitch has announced a $70 million recovery program, “CoinSwitch Cares,” aimed at helping WazirX users recover losses from a July 2024 cyberattack. The two-year initiative, seeks to restore confidence in India’s crypto ecosystem by providing financial relief to affected individuals.…

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SBI VC trade to acquire Japan’s DMM Bitcoin following May hack

Japanese cryptocurrency exchange DMM Bitcoin is reportedly ceasing all efforts to relaunch the hacked trading platform despite initiating recovery plans. According to a Nikkei Asia report, the exchange will shut down operations and sell all assets to SBI Group-owned trading…

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WazirX to restart trading and share revenue to pay back victims of $235m hack

WazirX plans to restart trading alongside new features, a recovery token, and a decentralized exchange to make creditors whole. Speaking at the company’s fourth town hall session on YouTube, WazirX co-founder Nischal Shetty disclosed plans to airdrop “recovery tokens” to…

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Bitfinex deemed ‘sole victim’ eligible for recovery of $7.4 billion Bitcoin hack

A new US government filing suggests that Bitfinex may be the sole entity eligible for restitution in connection with the 2016 hack that resulted in the theft of approximately 120,000 BTC. Bitfinex’s LEO token jumped 14% to $6.

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EigenLayer says $5.7M hack ‘isolated’ incident, no vulnerability on protocol

EigenLayer said that some of the stolen funds have been frozen as part of ongoing recovery efforts.

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Indian crypto exchange WazirX struggles to recover funds 60 days after hack

WazirX’s $235 million hack recovery efforts face hurdles as internal findings yield little to no significant breakthroughs. 

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The inside story of WazirX’s $235M hack and how it’s destroying users lives left without answers

Inside stories from WazirX’s victims reveal the real human toll of the hack, while experts question whether the exchange’s recovery efforts will be enough to restore trust. The beginning of the crisis On Jul. 18, the Indian crypto community was…

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Will WazirX's recovery plan restore confidence in CEXs?

WazirX has plans to restore user balances after a $230M hack, reversing trades for fairness. The hack exposed vulnerabilities in WazirX's multisig wallet, shaking confidence in the platform.

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WazirX hack’s crisis management is ‘deeply flawed’ says Mudrex CEO

Mudrex CEO Edu Patel called out WazirX for inadequate response and controversial recovery tactics following a $230 million hack.

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WazirX Surveys Users on Recovery Options After $230M Hack, Leaves Customers and Industry Players Fuming

Indian cryptocurrency exchange WazirX is facing industry and customer heat for its "Withdrawal Management Programme: Opinion Poll" in the aftermath of the $230 million hack, 45% of its user funds, it suffered earlier this month.

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WazirX launches fund recovery plan post $230M hack

Drawing lessons from past incidents such as the Mt. Gox and Bitfinex hacks, WazirX aims to apply the best practices from these cases to ensure a fair and efficient resolution.

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WazirX reports $230M hack to police and cyber unit, implements recovery efforts

The WazirX hack underscores the urgent need for robust crypto regulations in India to ensure security, accountability, and consumer protection. The post WazirX reports $230M hack to police and cyber unit, implements recovery efforts appeared first on Crypto Briefing.

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WazirX's $230M hack post-mortem: How did North Korea's Lazarus pull it off?

Latest hack has crippled the India-based crypto exchange to the tune of over $230M Recovery efforts are underway right now, with the culprits identified too  WazirX, a prominent IndThe post WazirX's $230M hack post-mortem: How did North Korea's Lazarus pull it off? appeared first on AMBCrypto.

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Sky Mavis recovers $5.7M from Ronin Bridge hack

Axie Infinity creator Sky Mavis said that some of the funds will cover the recovery costs, while the rest will return to the Axie treasury.

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ParaSwap Hack Updates: DAO Approves Recovery Fund for Victims

ParaSwap DAO approves compensation for hack victims using treasury funds.

The post ParaSwap Hack Updates: DAO Approves Recovery Fund for Victims appeared first on BeInCrypto.

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Celsius recovery plan proposed amid community-led short-squeeze attempt

BnkToTheFuture co-founder Simon Dixon has proposed a recovery plan similar to the solution offered to Bitfinex after its Bitcoin hack in August 2016.

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Bitfinex hack recovery spurs crypto community responses

As the Bitfinex hack recovery ensued, crypto figures across social media shared their thoughts, raised questions, and expressed disbelief.

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French Gov. to Auction Off $34 Million in Bitcoin (611 BTC); Majority From 2019 GateHub Hack

An auction firm has been contracted to host the sale of 611 BTC before the end of the week on behalf of the French government. A French government agency in charge of the recovery and management of seized and confiscated assets will now sell 611 BTC using a local auction house.

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Cream Finance TVL Showing No Signs of Recovery; Down Over 75% Since the Hack

The decentralized peer-to-peer lending platform Cream Finance is having a rough time these past few days, at least in terms of TVL (total value logic) and its price performance. CREAM is among the biggest losers, down over 28%, in the past week, with the price of token trading around $174.

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KuCoin inches closer to recovery by reopening deposits and withdrawals

After a crippling hack, KuCoin looks to return to normalcy — but what's next for the troubled exchange?

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KuCoin Exchange Announces Recovery of 84% of Stolen Funds

Following a massive hack that occurred back in September, cryptocurrency exchange KuCoin announced that it retrieved 84 percent of the funds stolen from the platform. KuCoin Making Progress in Recovering Stolen Funds from September Hack In a tweet on Wednesday (November 11, 2020), KuCoin CEO and co-founder Johnny Lyu revealed that the team was ableRead MoreRead More.

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KuCoin Co-founder Says 84% of Hacked Funds Have Been Recovered

KuCoin, the crypto exchange that made headlines in September due to a $280 million hack, has reclaimed most of the affected assets, says its co-founder. On Wednesday, KuCoin co-founder Johnny Lyu tweeted that 84% of the affected assets have been recovered via methods like on-chain tracking, contract upgrade, and judicial recovery.

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Singapore, USA dominate IEO Launchpad market, research reveals

Considering the current crypto-market, one thing is for sure, only companies that hold their ground during scams and hacks survive the crypto-space in the long-run. A recent example of such a recovery was Binance.

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Cryptopia Fumbles Customers’ Stolen Crypto Recovery in Catastrophic F**kup

By CCN: Cryptopia, the cryptocurrency exchange shattered by an over $16 million hack earlier this year, is in a huge mess as a third-party server host demands $2 million to release customer data. The fall of Cryptopia In January, Cryptopia got hacked two times.

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Binance Reopens Trading, Despite Incomplete Fund Recovery As Hackers Look To Sell Discounted BTC

Binance Reopens Trading, Despite Fund Recovery Being Incomplete Binance has reopened trading for their platform, following a massive hack almost two weeks ago. Reddit user suggests that the BTC is being sold at a 70% discount on another website.

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Despite Bitcoin (BTC) Recovery To $5,900, Analysts Remain Cautious Post-Binance Hack

Technicals Don’t Look Too Hot For Bitcoin Yesterday, Tuesday, saw world-renowned crypto exchange Binance get hacked for 7,000 Bitcoin (BTC), valued at $41-odd million at current valuations. For those who missed the memo, here’s a.

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Bitfinex Releases White Paper for LEO Token Sale

Bitfinex is forging forward despite its ongoing row with the authorities, and it's looking for investors to support its efforts. Today, May 8, 2019, iFinex, the operator and parent company of the popular cryptocurrency exchange, released a private token sale white paper, putting to rest rumors of its Initial Exchange Offering (IEO).

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Binance Becomes Victim of a Hack, Loses $40 Million Worth Bitcoins

Coinspeaker Binance Becomes Victim of a Hack, Loses $40 Million Worth BitcoinsIn a massive security breach, online hackers managed to steal 7000 BTC tokens from Binance's hot wallets.

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Bithumb Announces External Audit Following $180 Million Hack and Bear Market

The bear market took its toll on every part of the crypto industry from miners to traders and several companies reported losses for that period and were forced to close down or let go of staff. Even as the market seems to be making a steady recovery, the effects of the slump are still being […]

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Singapore’s DragonEx Reports Hack, Releases Suspected Wallet Addresses

The Singapore-based cryptocurrency exchange DragonEx has announced a security breach to its users via its official Telegram channel. In the message, a company administrator revealed that the hackers stole assets belonging to both the exchange and its users.

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“Clear and Robust Strategy” Nets 0.023% Recovery of Bitfinex’s Hacked Funds (So Far)

According to an official statement published on February 25, 2019, Bitfinex has revealed that the United States government returned 27. 7 BTC (worth about $105,000 USD) to the exchange, as part of restitution for a hack that was effected on the exchange back in 2016.

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US Govt Returns Stolen Bitcoin to Crypto Exchange Bitfinex From $65 Million Hack

Bitfinex cryptocurrency exchange has revealed that 27. 66270285 BTC, a portion of the stolen funds from the 2016 hack, was successfully recovered by law enforcement of the U. S. government. Recovered BTC to Reimburse Recovery Right Token Holders Following the hacking event, Bitfinex launched an investigation with the assistance of enforcement agencies internationally, to trace the 119,756 BTC that vanished from the exchange’s premises.

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Hacked Cryptopia Exchange Might Reopen in February According to New Zealand Police Reports

Police officers investigating the hack of Cryptopia have surprised investors recently as they affirmed that the company might start to work again within the new few weeks. Such a quick recovery was very unexpected as the crypto exchange was hacked on January 14 and it lost over $20 million USD worth in cryptos. Soon after […]

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Bithumb Crypto Exchange Re-opens Deposits and Withdrawals

In mid-June 2018 Bithumb was hacked for $31 million worth of cryptocurrency and subsequently halted all withdrawal and deposit services. On Aug. 4, however, Bithumb resumed the services for 10 specific cryptocurrencies.

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