DeFi hacks on the rise, xToken, Cream Finance lose over $20 million in all

2021-8-31 00:00

Malicious activities within the crypto space seem to be rising to significant levels. Of late, the number of hacks has led to millions of dollars worth of security breaches within each crypto platformThe post DeFi hacks on the rise, xToken, Cream Finance lose over $20 million in all appeared first on AMBCrypto.

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Decentralized Horror: Roundup of the Year’s DeFi Nightmares

Decentralized finance (DeFi) has no doubt been the driver of momentum for all things crypto this year, but it has not been without its share of horror stories. To mark Halloween, we will be digging into the DeFi nightmares, flash loan frights, smart contract code chills, hideous hacks, scary scams, and terrifying rug pulls so […] The post Decentralized Horror: Roundup of the Year’s DeFi Nightmares appeared first on BeInCrypto.

2020-11-1 15:01


Crypto Trading in South Korea Is Dying; Steep Market Crash And Hacks Are Turning Traders Away

It seems that crypto traders in Korea have slowly started to move away from it. Trading across the board has considerably less volume in the past few months. Kimchi’s premium has all but vanished, heralding the collapse of various minor cryptocurrencies across the Korean market. South Korean traders are simply not in the mood to […]

2019-10-22 18:49


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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million.

2019-4-27 01:30


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Liquidators put the final nail in Gatecoin’s coffin

One of the first regulated cryptocurrency exchanges, Gatecoin, has officially been taken over by liquidators following a series of hacks and banking problems. In a document sent to creditors of the exchange late last week, the liquidators state that “all powers of the directors of Gatecoin have ceased and the directors no longer have any authority to deal with the assets and/or undertakings of Gatecoin.

2019-4-1 11:45


Google Security Head Set To Stop Cryptocurrency SIM-Swapping Hacks With Titan Security Keys

At a time when bad actors have devised quite many means to enrich themselves with ill-gotten cryptoassets, Mark Risher, the head of account security at Google has said that the Titan Security Keys has all it takes to save cryptocurrency holders from SIM-swapping, reported The Next Web on January 23, 2019. Titan Security Key Will […]

2019-1-24 13:16