2024-10-27 15:11 |
A group of victims is preparing a lawsuit against crypto exchange WazirX following the $235 million hack. Thirty victims of the July 18 hack on WazirX, which saw roughly 45% of user funds drained from the platform’s hot wallet, are… origin »
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Fortress Investment Group, a Mt. Gox creditor, has increased its offer to victims of the infamous Bitcoin exchange hack. In its newest offer to victims, Fortress offered $1300 per bitcoin or an estimated 88% of account value at the time of the hack.
2020-2-20 21:41 | |
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NiceHash, a marketplace for renting mining hashpower, has announced that it is suspending its plans to repay customers who lost their funds during a December 2017 hack. That attack caused the company to lose over 4700 Bitcoin, worth $80 million at the time.
2019-12-19 13:50 | |
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The deadline to form a reimbursement plan for victims of the infamous Mt. Gox cryptocurrency exchange hack has been pushed back to March 2020. The post Mt. Gox Rehabilitation Plan Deadline Extended Again appeared first on Bitcoin Magazine.
2019-11-1 00:37 | |
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Infamous black market portal BriansClub made a fortune by trading stolen credit card data for Bitcoin at the expense of millions of victims worldwide. The scammers running the site, however, got slapped by the hands of karma a few months back.
2019-10-18 13:15 | |
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Jennifer Robertson — the widow of late QuadrigaCX founder, Gerald ‘Gerry’ Cotten, has agreed to hand over assets belonging to the defunct bitcoin exchange in compensation of affected users. Liquidating Assets Belonging to QuadrigaCX Bitcoin Exchange According to CBC News, Robertson is set to hand over QuadrigaCX assets still in her possession to Ernst & Young — Trustees of the bitcoin exchange’s liquidation proceedings.
2019-10-8 13:30 | |
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A recent ruling by a court in South Korea could see cryptocurrency exchanges held responsible for compensating hack victims. The post South Korean Court Sets Compensation Precedent for Cryptocurrency Exchanges appeared first on Bitcoin Magazine.
2019-10-3 21:54 | |
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A Russian law firm claims it can recover funds for victims of the 2014 Mt. Gox hack. But critics see some flaws in the outlined plan. The post Latest Pitch to Recover Lost Mt. Gox Bitcoin Has Critics Raising Red Flags appeared first on Bitcoin Magazine.
2019-9-14 01:02 | |
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Though Binance has maintained that the know-your-customer hack earlier this month was not entirely made up of Binance users, those whose photos were successfully linked to the exchange will receive free, lifetime VIP membership accounts.
2019-8-24 00:18 | |
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If your data were exposed by the Equifax breach, it may already be too late to claim your payout. Victims of the hack are unlikely to see the $125 which the company promised as part of its settlement, due to the sheer number of claimants.
2019-8-2 23:24 | |
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50,000 victims of the Japanese crypto exchange Bitpoint’s recent hack will have their stolen wallet holdings reimbursed in crypto. This was revealed in a press conference in Tokyo, where reporters were informed that the company had decided to pay back victims in crypto using a 1:1 ratio, as against fiat payouts.
2019-7-18 10:56 | |
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Japanese crypto exchange operator Bitpoint pledged to compensate the victims of the recent hack. The company plans to refund about $30 million worth of cryptocurrency. About 50,000 Clients Affected by the Hack On Tuesday, Bitpoint published an update on its website, revealing the amounts of stolen crypto.
2019-7-16 17:00 | |
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Japanese cryptocurrency exchange Bitpoint was hacked last week when hackers stole 3. 5 billion yen ($32 million) from the exchange’s hot wallet, of which 2. 5 billion yen were customer funds.
2019-7-16 15:48 | |
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Embattled cryptocurrency exchange Bitpoint has revealed that roughly half of its 110,000 users were affected by last week’s $3. 02 billion yen ($28 million) hack, reports The Mainchi. Speaking at a Tokyo press conference, Bitpoint president Genki Oda noted that of the 3.
2019-7-16 15:47 | |
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The purpose of this infographic is to visualize the size of large cryptocurrency hacks that have occurred in the past as if they all happened today. The hacks included in this infographic extend beyond exchanges, as there were other large entities that experienced cryptocurrency hacks, such as marketplaces like Silk Road 2.
2019-5-25 21:56 | |
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Microsoft email hack appears to be worse than initially thought as hackers may have accessed victims’ crypto wallets and exchange accounts
2019-4-30 03:45 | |
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Student Goes To Jail For 10 Years After Siphoning $7.5 Million USD Worth in With SIM Swapping Scenario SIM swapping has become a huge problem in the United States. People clone the SIM cards of the victims and then use it to hack their phones. The practice is known as SIM swapping and it is […]
2019-4-24 00:27 | |
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By CCN. com: A 21-year-old Boston man has been sentenced to 10 years in jail for stealing $7. 5 million in bitcoin and other cryptocurrencies by hacking his victims’ cell phones through a practice called “SIM swapping.
2019-4-23 14:36 | |
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By CCN. com: A 21-year-old Boston man has been sentenced to 10 years in jail for stealing $7. 5 million in bitcoin and other cryptocurrencies by hacking his victims’ cell phones through a practice called “SIM swapping.
2019-4-23 14:36 | |
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Jon Montroll, the man behind BitFunder and WeExchange, was charged with fraud last February. He pleaded guilty last July, and will be sentenced in April. Montroll reportedly hid the theft of over 6,000 BTC from his platform in 2013, and went to great lengths to hide the hack – even lying to investigators.
2019-3-29 19:40 | |
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The Tokyo District Court has found Mark Karpeles, the former head of now-defunct Bitcoin exchange platform Mt. Gox, guilty of record tampering but innocent on other charges related to embezzlement and breach of trust.
2019-3-16 22:01 | |
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Most cyberattacks in the crypto space involve hackers finding a way around the security of crypto exchange platforms and gaining access to users’ funds. Last year saw the entry of a new breed of cyber extortionists that seems to be gaining ground, so much so that they were able to steal over $300,000 in bitcoin (BTC) tokens in 2018.
2019-3-1 18:10 | |
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Bitfinex has announced that they will be compensating 5,000 victims of its 2016 hack as it was reported by Reuters on February 25, 2019, that US authorities have recovered some of the bitcoin that was stolen during the hack.
2019-2-26 14:00 | |
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A prolific hacker who has stolen hundreds of millions of user records from a variety of websites has struck again. The Coinmania cryptocurrency exchange said it was one of the victims of the latest hack of user information.
2019-2-16 06:37 | |
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The activities of Nobuaki Kobayashi, the Mt Gox bankruptcy trustee -also known as the MtGox Whale-, have been carefully followed by the community of crypto users, not only because of the impact they could have on the victims of the most famous hack in the history of crypto-mint, but also because he could affect the […] The post MT Gox Trustee Sold Bitcoins in Exchanges and Not OTC, Court Evidence Reveals appeared first on Ethereum World News.
2019-2-7 13:36 | |
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On January 28, 2019, victims of the 2018 BitGrail hack announced that a court ruling has ordered the exchange to compensate them for the hack which led to the loss of over $195 million. Breaking the Bank On January 28, 2019, the BitGrail Victims Group (BGVG) made an announcement via Medium that a decision hasRead MoreRead More.
2019-1-31 18:00 | |
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With 2019 being heralded in as the year of the cryptocurrency market, news of the first hack of the year is coming in. A cryptocurrency exchange called Cryptopia announced that they were victims of a ‘security breach’ in which they booked ‘significant losses’.
2019-1-15 20:00 | |
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Scams have become a major problem to the crypto industry and although there is a lot of talking about it, the scammers are unrelenting because they can easily get victims every time they try. This time, attackers decided to go for the big fish and took over the official Twitter account of Target, a major […] The post News Flash: Crypto Scammers hack Twitter Account of American Retail Giant, Target appeared first on ZyCrypto.
2018-11-13 16:08 | |
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Leading cryptocurrency investor law firm Silver Miller Law has filed suit against cell phone giants AT&T and T-Mobile on behalf of several digital asset investors who were victims of the identity-theft tactic known as “SIM swapping.
2018-11-10 01:35 | |
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Turkish authorities recently arrested a gang of cryptocurrency hackers for hacking victims’ digital currency wallet via sim swap. Sim Swapping Cryptocurrency Syndicate Busted The Turkish authorities recently arrested a group of eleven suspects involved in a virtual currency hack via sim swapping.
2018-11-6 07:19 | |
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An attempted class-action lawsuit against the creators of Nano has been dismissed with prejudice, after the lead plaintiff withdrew his complaint. Investor Alex Brola attempted to launch the suit against the cryptocurrency’s creators on behalf of the victims of the BitGrail hack, asking a US District Court to force developers to launch a “rescue fork,” putting […] The post Nano Investor Abandons Lawsuit appeared first on Crypto Briefing.
2018-10-25 21:30 | |
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Zaif's operator Tech Bureau has yet to reveal a schedule for compensating client's for losses incurred due to the recent hack attack.
2018-10-8 16:59 | |
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ZAIF, an Osaka-based cryptocurrency exchange that was hacked last month has yet to compensate the affected customers. ZAIF cryptocurrency exchange lost over 6. 7 billion Yen during the breach, 4.
2018-10-6 10:35 | |
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Victims of Mt. Gox hack which led to loss of over 800,000 BTC can now heave a sigh of relief as the exchange has announced the commencement of its civil rehabilitation process. Mt. Gox is said to owe over 170,000 to creditors in BTC and BCH, payment of which one of Mt.
2018-9-17 18:27 | |
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Mt. Gox, a former leader in the crypto markets and now, the enemy of many. After a hack which saw around 800,000 BTC stolen, the Mt. Gox story has gone from bad to worse, with the exchange now liable for making compensation payments to some of the victims who lost assets during the hack.
2018-9-17 13:30 | |
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Mt. Gox Opens Civil Rehabilitation Process To Corporations As reported by Ethereum World News previously, Mt. Gox, the now-infamous exchange that was hacked for over 800,000 BTC, has just commenced its civil rehabilitation claiming process.
2018-9-17 05:25 | |
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At last, victims of the Mt. Gox exchange saga can now breathe as the exchange prepares to fully refund a billion dollars’ worth of cryptocurrency. Mt. Gox suffered a hack in 2014, which affected many users across the globe, losing about $1B worth of bitcoin.
2018-8-27 19:24 | |
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Defunct Bitcoin exchange platform, Mt. Gox, has announced the commencement of civil rehabilitation proceedings for victims of the Mt. Gox hack. This announcement has given hope to creditors that they might soon recover their stolen funds.
2018-8-26 20:05 | |
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Victims of the Mt. Gox hack can now file rehabilitation claims under a new procedure announced by the trustee of the exchange, Nobuaki Kobayashi. Currently, the system is available only to individual claimants.
2018-8-25 02:15 | |
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An end has not come to the controversy that surrounded the first cryptocurrency exchange and the world’s largest holder of bitcoin trades as at 2014. Mt. Gox saga made way for the likes of Tim Draper and the Winklevoss twins Tyler and Cameron the cofounders of Gemini exchange to make good fortune through the stolen […] The post Good News! Over $1 billion worth of Crypto to be Returned to victims of Mt.Gox Hack appeared first on ZyCrypto.
2018-8-25 21:56 | |
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Mt. Gox Trustee Commences Claiming Process You may not remember it, but in 2014, Mt. Gox was hacked for over 850,000 BTC in a now-infamous event. While the hack occurred in the crypto industry’s earliest stages, it still shook the community to its core, nonetheless.
2018-8-25 21:49 | |
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The fact that great responsibility accompanies great power has become crystal clear in the blockchain world. While blockchains are most commonly connected with commerce, the potential impact of distributed ledgers is being discovered in fresh sectors daily.
2018-8-10 20:51 | |
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Israeli company Bancor are the latest victims of a cryptocurrency related hack that is alleged to have seen $13. 5 Million worth of cryptocurrency stolen. Here is the latest update on the recent security breach: pic.
2018-7-10 13:30 | |
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The Tokyo District Court has ordered Mt Gox to begin compensating victims of its infamous 2014 hack, effectively stalling the exchange’s pending bankruptcy. Posted on the Mt Gox website June 22, the ruling may bring closure to a November 2017 petition requesting compensation — filed by creditors of the now-defunct Mt Gox exchange.
2018-6-28 03:04 | |
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News Embattled cryptocurrency exchange, Bitgrail, announced ongoing bankruptcy proceedings in Italy have turned full force, as the court seized the exchange’s bitcoin wallets. The ecosystem seems decidedly torn between addressing the fundamental cause, a hack that drained $170 million, and making victims whole.
2018-6-17 03:12 | |
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Embattled cryptocurrency exchange, Bitgrail, announced ongoing bankruptcy proceedings in Italy have turned full force, as the court seized the exchange’s bitcoin wallets. The ecosystem seems decidedly torn between addressing the fundamental cause, a hack that drained $170 million, and making victims whole.
2018-6-17 01:20 | |
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Harpie, a service aimed at preventing wallet theft and hacks, has shut down after struggling to develop a sustainable business model. Harpie, an on-chain firewall provider backed by Coinbase Ventures and OpenSea, has shut down its services as the startup…
Law enforcement in India has arrested five suspects who allegedly duped a businessman out of roughly $700,000 via a fake cryptocurrency trading platform. According to local media, the five suspects, including one woman, were taken into custody following an investigation…
Abracadabra Finance claims it has bought back 6.5 million MIM, equal to 50% of the total loss it suffered in the recent $13 million exploit. In a blogpost published in the aftermath of the hack, the protocol confirmed that user…
Abracadabra Finance has confirmed a security exploit affecting its gmCauldron smart contracts, resulting in the theft of approximately $13 million and is taking steps to recover the funds. The protocol has since disabled borrowing across all cauldrons and is working…
Approximately $13 million was stolen in the recent hack of crypto exchange GMX’s integration with Abracadabra. On March 25, blockchain security monitoring firm PeckShield reported a major security incident of GMX decentralized exchange.
Hackers are exploiting vulnerabilities in Russian smart homes to create botnets, using the infected devices to mine cryptocurrency and launch DDoS attacks. Hackers are reportedly exploiting vulnerabilities in Russian smart homes to mine cryptocurrency and carry out cyberattacks, Russia’s state-controlled…
Crypto is in the midst of what Mintology CEO Zach Burks calls “crime season,” as hacks and illicit activity drive down investor confidence. So far in 2025, over $2.2 billion in crypto has been stolen, including a $1.5 billion heist…