2022-1-30 02:00 |
Crypto exchanges are hacked surprisingly often. A few of the biggest crypto heists that occurred in the past few years are discussed in this article. origin »
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Ameer and Raees Cajee, co-founders of South African crypto investment platform Africrypt have reportedly disappeared with about 69,000 BTC valued at $3.6 billion amid the April rally. Notably, the siblings first raised suspicion earlier this year when they claimed that their firm had been the victim of a hack in April. The suspicions deepened when […]
2021-6-25 23:24 | |
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Two South African brothers made away with nearly 69,000 Bitcoin earlier this year, hacking one ‘Africrypt,’ their own exchange platform, and bagging one of the biggest crypto heists in dollar terms ever.
2021-6-24 12:45 | |
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2020 has been the year of DeFi, but not all has gone smoothly with the fledgling financial ecosystem.
2020-12-27 17:07 | |
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While crypto heists have declined in 2020, the largely unregulated decentralized finance (DeFi) arena has seen an uptick in the activities of rogue actors. Crypto Crime on the Decline in 2020 According to cryptocurrency forensics firm CipherTrace, losses due to crypto-related criminal activity have seen a significant reduction in 2020.
2020-11-12 17:00 | |
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On August 2, 2016, Bitfinex experienced one of the biggest crypto heists of all time, as hackers exploited the system, running off with approximately 120,000 BTC. Shortly after, the price of BTC collapsed to 20% marking one of the darkest days in the top coin’s history.
2020-8-4 20:11 | |
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2019 shed light on the lack of security engulfing several crypto exchanges. Over 10 exchanges were reportedly hacked, reporting a loss of $170 million, according to Bobby Ong, co-founder of Coingecko.
2019-12-15 13:30 | |
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Reports of Pyongyang amassing wealth to fund its weapons program have been widely circulated. However, the North Korea regime has denied allegations of carrying out multiple hacks on crypto exchanges and finance companies.
2019-9-2 10:15 | |
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Japanese cryptocurrency exchange Bitpoint, owned by Remixpoint, halted all operations on Friday, July 12. The exchange lost $32 million worth of cryptocurrency in a hack. Bitpoint Clients Lose $22.
2019-7-12 17:00 | |
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The hack that stole $40 million worth of money from Binance was not among the greatest heists in Bitcoin history. It would have remained a tepid affair had Crypto Twitter not jumped on a tweet that suggested doing a Bitcoin reorg.
2019-5-15 01:40 | |
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The news of the Binance hack left the cryptocurrency industry rattled. Although, it turns out that a massive $40 million’s worth of BTC doesn’t even register this heist among the worst. Check out the five biggest exchange hacks in crypto history.
2019-5-10 04:00 | |
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Mark Schmidt released a monthly update on Nov. 6th of what the IOTA Foundation was up to in the previous month. IOTA collaborated with Ledger, one of the most well-known companies in blockchain security.
2018-11-8 16:09 | |
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It is a proven fact that the blockchain has an impressive 99. 64 percent reliability. However, the same can’t be said of cryptocurrency exchanges. Amidst that backdrop, Sameer Dixit, the Senior Director of Security Consulting at Spirent Communications, has identified some characteristic flaws of crypto exchanges which must be tackled to shield the over $350 billion cryptocurrency industry from more heists.
2018-7-20 07:00 | |
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The crypto market has not had the best of runs in 2018. Regulatory uncertainty and unending bashing from digital ads providers, coupled with some big heists, have instilled fear and doubt in many investors.
2018-7-19 17:00 | |
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Every crypto user wants assurance that their crypto assets are in no danger of being stolen, and this is what has led to Ledger’s unprecedented success. Headquartered in Paris, the startup has been developing crypto management solutions since 2014, and with some infamous crypto heists in recent times reminding people just how prone they are […]
2018-7-14 02:00 | |
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A phishing scam targeting crypto users that used fake Zoom meeting links as a method of malware distribution and stealing the target's cryptocurrency assets has been uncovered by blockchain security firm SlowMist.
The U.S. Department of Justice is set to reimburse victims of a wire fraud scheme, aided by the tripling value of Bitcoin since the cryptocurrency was seized. The scheme, which targeted real estate transactions, resulted in millions of dollars in…
The U.S. Securities and Exchange Commission has charged three Nigerian nationals with defrauding investors of $2.9 million in Bitcoin. According to the SEC, the individuals used fake websites, social media, and voice-altering software to impersonate legitimate financial professionals, targeting at…
Celcius, a global crypto and Bitcoin mining company has faced a fraud case since last year. Now, the founder pleaded guilty and agreed to be jailed for 30 years. Alex Mashinsky, the founder and ex-CEO of Celcius Network, is set…
Two decades after its collapse, the Enron brand is making a surprising return, this time dabbling in crypto and NFTs under a satirical rebranding. Enron is back, but only if you believe birds aren’t real. Twenty-three years after Enron became…
Federal prosecutors have charged five alleged members of “Scattered Spider,” a hacking group accused of targeting companies and individuals in a spree of cyberattacks. According to court documents unsealed Wednesday in California, the defendants allegedly stole sensitive data and at…
Federal prosecutors in Boston have indicted Aleksei Andriunin, a 26-year-old Russian national and founder of Gotbit, on charges of wire fraud and conspiracy to commit market manipulation. According to the U.